Knightscope reports Q1 revenue $2.9M, consensus $2.49M

Reports a Q1 net loss of ($6.9M), an improvement from a net loss of ($7.6M) vs. last year. Reports Q1 gross margin loss improved to (23%) from (64%) vs. last year. Cash and cash equivalents were $12.7M as of March 31, 2025. As of May 7, 2025, the company had a total backlog of $2.5M. William Santana Li, Chairman and CEO, stated, “Our year-over-year revenue growth and improved gross margin trajectory are indicators of the traction we are building across both private and public sector clients. The investments made in our next-generation K5 v5 platform, sales infrastructure, and capital structure have positioned us for continued growth.”