Knightscope Reports $11.3 Million Revenue for Fiscal Year 2025, Faces Increased Losses and Supply Chain Challenges

Knightscope, Inc. reported a total revenue of approximately $11.3 million for the fiscal year ending December 31, 2025, marking a 5% increase from $10.8 million in 2024. The growth was primarily driven by an increase in service-related revenue and sales of Emergency Communication Devices (ECDs). However, the company faced significant challenges due to supply chain constraints, particularly with electronic components, which led to production delays and higher costs. The net loss for the year was $33.8 million, compared to a loss of $31.7 million in the previous year, contributing to an accumulated deficit of $227 million as of December 31, 2025.

In a strategic move, Knightscope completed the acquisition of Event Risk LLC on February 27, 2026, for a total consideration of $5 million in cash, repayment of $1.1 million in debt, and the issuance of 1.7 million shares of Class A common stock. This acquisition is expected to enhance Knightscope's operational capabilities by integrating Event Risk's licensed response services with its autonomous security robots and AI-driven software. The company anticipates that this integration will improve its liquidity profile and contribute positively to its cash flow generation.

Operationally, Knightscope's customer base expanded, with a backlog of approximately $3.1 million as of March 24, 2026, which includes $0.6 million in Autonomous Security Robot (ASR) orders and $2.5 million in ECD orders. The company employed 90 full-time employees as of December 31, 2025, but this number is expected to increase significantly following the acquisition of Event Risk, which will add over 400 employees to its workforce. The company continues to focus on enhancing its product offerings, including the development of the K7 ASR, which is anticipated to enter commercial production in late 2026 or early 2027.

Knightscope's financial outlook remains cautious, as the company has not yet achieved profitability and expects to incur further losses in the foreseeable future. The management has indicated that additional funding will be necessary to sustain operations and support growth initiatives. As of December 31, 2025, the company had cash and cash equivalents of $20.6 million, up from $11.1 million in 2024, but ongoing operational expenses and the need for capital investments raise concerns about its ability to continue as a going concern without securing further financing. The company is actively pursuing various funding options, including equity and debt financing, to meet its operational and capital needs.