Knightscope, Inc. (NASDAQ: KSCP) reported financial results for the first quarter ended March 31, 2026, showing total revenue of $6 million, a 106% increase from $2.9 million in the same period last year. The company also achieved a positive gross margin of $0.5 million, or 8% of revenue, marking a significant milestone as it continues to build what it calls the nation's first Autonomous Security Force.
The revenue growth was largely attributed to the company's acquisition of Event Risk LLC on Feb. 27, 2026. This acquisition added licensed armed and unarmed security agent operations to Knightscope's portfolio, bringing all four pillars of its Autonomous Security Force—autonomous machines, advanced software, and now both armed and unarmed security agents—under one managed service. The company serves commercial and government clients across the United States.
Knightscope's focus on integrating these four pillars positions it as a unified managed service provider accountable for the security of people, property, and places. The company's press release highlighted that the acquisition of Event Risk LLC was a key driver in achieving the revenue surge and positive gross margin. For more details on the full press release, visit https://ibn.fm/UAktF.
The results underscore the company's strategy of expanding its service offerings beyond autonomous machines and software to include human security agents, creating a comprehensive security solution. This approach could have implications for the security industry, as it blends technology with traditional security personnel to offer a more holistic service. For investors, the 106% revenue growth and positive gross margin signal a potential turning point for Knightscope, which has been working to scale its business and achieve profitability.
Knightscope's stock is traded on NASDAQ under the ticker KSCP, and the company maintains a newsroom at https://ibn.fm/KSCP for the latest updates. The company's mission, as stated, is "Built in America to Secure America," emphasizing its domestic focus.
