Knightscope (NASDAQ: KSCP), a security technology company developing autonomous security solutions, reported third-quarter 2026 revenue of $8.7 million, up 177% from $3.1 million a year earlier, according to results for the period ended Sept. 30, 2026. The figure marks the company's third consecutive quarter of triple-digit revenue growth, a streak that matters because it suggests the demand behind Knightscope's pivot to a managed-service model is holding rather than spiking once.
The mix of that revenue is the more telling detail. Service revenue climbed 349% to $8.6 million, including $6.6 million from Knightscope Security Force, or KSF. In other words, nearly all of the quarter's top line came from services rather than one-time hardware sales, a shift that gives the company recurring revenue and a closer relationship with the clients it protects. Gross profit reached $0.4 million, a 5% margin, compared with a gross loss of $1.6 million in the prior-year period, showing the service model can generate positive unit economics even as the company remains unprofitable overall. Knightscope posted a net loss of $11.8 million, or $0.50 per share, versus a net loss of $9.5 million, or $0.98 per share, a year earlier, and ended the quarter with $6.8 million in cash and cash equivalents.
The company is also widening what it sells. At GSX 2026 it unveiled its Autonomous Security Force, which integrates autonomous machines, artificial intelligence-driven software and licensed security agents into a single managed service. It introduced the initial release of Signals, orchestration software and an operational digital twin meant to expand service offerings and improve operating margins. Knightscope said it secured approximately $27 million in renewals, bookings and client awards since May 2026 and has begun manufacturing its K7 autonomous security robot to support fourth-quarter deployments. The full press release is available at https://ibn.fm/2yJjo, and the latest updates on KSCP are collected in the company's newsroom at https://ibn.fm/KSCP.
Why it matters beyond one company: Knightscope is testing whether security guard work can be sold as an accountable, contract-based service blending machines, software and human agents, rather than as equipment customers must operate themselves. If the model holds, it could pressure traditional guarding providers on cost and reshape how critical infrastructure is protected, while giving investors a recurring-revenue story in a sector long dominated by hardware cycles. The risk is equally clear, since widening losses and a thin cash balance mean execution on deployments and margin improvement will determine whether the growth streak translates into durability. The results were distributed through AINewsWire, one of more than 75 brands in the Dynamic Brand Portfolio at IBN, which reaches audiences through wire distribution via InvestorWire and other channels. Terms of use for the content are set out at https://www.AINewsWire.com/Disclaimer.
