secwatch / observer
8-K filed May 7, 2026, 7:59 PM ET ticker KDK CIK 0001853138
earnings confidence high sentiment positive materiality 0.75

Kodiak AI reports Q1 revenue $1.8M (+74% QoQ), announces $100M PIPE financing

Kodiak AI, Inc.

2026-Q1 EPS reported $0.10 revenue$1,830,000
item 1.01item 2.02item 3.02item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Kodiak AI, Inc. reported the three months ended March 31, 2026 results: revenue $1.8 million.

Period
the three months ended March 31, 2026
Revenue
$1.8 million
Result
reported results
Exact text from the filing
to 86% as of the end of April • Announced plans to integrate the NVIDIA DRIVE Hyperion architecture in the next-generation of Kodiak Driver-powered trucks • Q1 Revenue of $1.8 million, representing 74% growth quarter-over-quarter • Q1 Net cash used in operating activities of $29.5 million • Q1 Free Cash Flow (Non-GAAP) of negative $35.0 million • Ended Q1 with
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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Kodiak AI, Inc. issued 15,384,609 shares of Common Stock of common stock to Investors (including affiliate of Ares Management Corporation) for $6.50 per share; total gross proceeds approximately $100.0 million.

Security
common stock
Shares
15,384,609 shares of Common Stock
Purchaser
Investors (including affiliate of Ares Management Corporation)
Consideration
$6.50 per share; total gross proceeds approximately $100.0 million
Exact text from the filing
On May 7, 2026, Kodiak AI, Inc. (the “ Company ”) entered into subscription agreements (the “ Subscription Agreements ” and each a “ Subscription Agreement ”) with the investors named therein (all investors together, the “ Investors ”), which investors include new institutional investors, certain existing Company stockholders and an affiliate of Ares Management Corporation (“ Ares ”), relating to the private placement (the “ Private Placement ”) of an aggregate of 15,384,609 shares (the “ Shares ”) of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), at a price per share of $6.50, and accompanying warrants (the “ Warrants ,” and together with the Shares, the “ Securities ”) exercisable for an aggregate of 15,384,609 shares of Common Stock (the “ Underlying Shares ”).
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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Kodiak AI, Inc. issued Warrants exercisable for an aggregate of 15,384,609 shares of Common Stock of warrant to Investors (including affiliate of Ares Management Corporation) for Included in the per-share purchase price of $6.50; no separate consideration.

Security
warrant
Shares
Warrants exercisable for an aggregate of 15,384,609 shares of Common Stock
Purchaser
Investors (including affiliate of Ares Management Corporation)
Consideration
Included in the per-share purchase price of $6.50; no separate consideration
Exact text from the filing
On May 7, 2026, Kodiak AI, Inc. (the “ Company ”) entered into subscription agreements (the “ Subscription Agreements ” and each a “ Subscription Agreement ”) with the investors named therein (all investors together, the “ Investors ”), which investors include new institutional investors, certain existing Company stockholders and an affiliate of Ares Management Corporation (“ Ares ”), relating to the private placement (the “ Private Placement ”) of an aggregate of 15,384,609 shares (the “ Shares ”) of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), at a price per share of $6.50, and accompanying warrants (the “ Warrants ,” and together with the Shares, the “ Securities ”) exercisable for an aggregate of 15,384,609 shares of Common Stock (the “ Underlying Shares ”).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Kodiak AI, Inc. entered into Subscription Agreements with investors named therein, including an affiliate of Ares Management Corporation valued at approximately $100.0 million in gross proceeds (effective 2026-05-07).

Action
entry
Agreement
equity purchase
Counterparty
investors named therein, including an affiliate of Ares Management Corporation
Value
approximately $100.0 million in gross proceeds
Effective
2026-05-07
Exact text from the filing
On May 7, 2026, Kodiak AI, Inc. (the “ Company ”) entered into subscription agreements (the “ Subscription Agreements ” and each a “ Subscription Agreement ”) with the investors named therein
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20 earnings releases filed in the last 30 days. Browse all earnings releases →

Kodiak AI, Inc. filing history →

Source: SEC EDGAR
accession 0001628280-26-032092
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