Rank One Computing Q1 FY26 net loss widens to $3 million; revenue falls 20% to $2.5 million

Rank One Computing Corporation

Rank One Computing Corporation

ROC

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  • Rank One Computing posted first-quarter revenue of $2.5 million, down 20%, on lower government R&D contract activity tied to lingering effects of the late-2025 federal funding lapse.
  • Net loss widened to $3 million, with loss per share of $0.18.
  • ROC Watch revenue rose 77% while ROC ABIS revenue more than doubled, with ROC pointing to customer adoption, early commercialization traction, and pilot deployment activity.
  • Gross margin held at 79% as operating expenses climbed to $5 million, reflecting higher personnel investment and added public-company costs.
  • IPO net proceeds totaled about $21.5 million; cash and cash equivalents ended quarter at $16.6 million with no long-term or structured debt, as ROC highlighted priorities including scaling ROC Watch, advancing ROC ABIS face forensics pilots, and commercializing ROC Evidence following its first DEA deployment in April.


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