November 13, 2025 — Leads & Copy —
Knightscope, Inc. (NASDAQ: KSCP) has released its financial results for the third quarter of 2025, ending September 30, reporting revenue of $3.1 million, a $0.6 million increase from the $2.5 million reported in Q3 2024. The company will host a live briefing at 11 a.m. PT today.
Revenue growth was primarily driven by increased product revenue as Knightscope expedited deliveries delayed in the second quarter due to material shortages.
The company reported a gross loss of $1.6 million, compared to a gross loss of $0.5 million in the prior-year quarter. This reflects a non-cash inventory write-off of approximately $0.6 million following a comprehensive review of inventory, manufacturing processes, and legacy systems during the transition to its new Sunnyvale headquarters and manufacturing facility.
Operating expenses increased 10% year-over-year to $7.9 million, driven by increased research and development expenses. Strategic investments in new product development, including next-generation autonomous systems, are expected to support continued growth.
Knightscope reported a net loss of $9.5 million, or $(0.98) per share, compared to a net loss of $10.9 million, or $(3.58) per share, in Q3 2024.
As of September 30, 2025, cash and cash equivalents totaled $20.4 million, a $15.2 million improvement from the prior year, supported by disciplined cost controls and equity investments.
In August 2025, Knightscope moved into its new headquarters in Sunnyvale, California, more than doubling its footprint at lower-than-market rates. The company is continuing development of its next-generation K7 platform, autonomy, AI-powered analytics, and advanced ECD solutions, while staffing a second production shift to reduce overtime costs and improve capacity utilization.
Year-to-date, Knightscope has raised approximately $32.7 million through its at-the-market offering and direct registration transactions.
“Knightscope delivered solid top-line growth in the third quarter as we successfully fulfilled orders delayed from the prior quarter,” said William Santana Li, Chairman and CEO of Knightscope. “Our transition into our new headquarters has significantly strengthened our production capabilities and positioned us for greater operational efficiency as we prepare for our next phase of scaling.”
Apoorv Dwivedi, EVP and CFO, added, “Disciplined cost management and a strengthened balance sheet remain key priorities. With more than $20 million in cash on hand following our recent capital raises, we believe we have the financial flexibility to advance our strategic growth initiatives and continue investing in innovation while prudently managing expenses.”
Knightscope expects to maintain revenue momentum in the fourth quarter as production efficiency improves, and believes its proactive procurement strategy and inventory controls will support continued delivery execution in the near term.
Knightscope is transforming public safety with robotics and AI technologies, committed to building safer communities. The company’s long-term ambition is to make the United States of America the safest country in the world.
William Santana Li, Chairman and CEO
Apoorv Dwivedi, EVP and CFO
Source: Knightscope
