• Zedcor posted Q1 2026 revenue of $19.4 million, up 69% year over year, while adjusted EBITDA climbed 86% to $7.6 million.
• Net loss was $278,000, turning from net income a year earlier, as higher G&A, depreciation, stock-based compensation, and finance costs reflected continued U.S. scaling investments.
• Adjusted EBITDA margin widened 3 percentage points to 39%, while U.S. revenue rose to 50% of the total, with U.S. revenue of $9.7 million surpassing Canada for the first time.
• Total MobileyeZ fleet more than doubled year over year to 3,261 units, including a U.S. fleet of 1,878 units, while weekly production capacity rose to about 50 towers with a larger Houston facility.
• CEO Todd Ziniuk said enterprise customers are moving from pilots to broader deployments, with Texas remaining the anchor market as the company targets exiting 2026 with 4,300 to 4,800 towers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zedcor Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202605202043NEWSFILECNPR____20260520_298331_1) on May 21, 2026, and is solely responsible for the information contained therein.