Kodiak AI Q2 FY26 revenue rises 91% to $3.5 million; net income turns to $12.48 million
KDK•Cash flow and balance sheet
Net cash used in operating activities totaled $34.13 million; free cash flow was negative $38.06 million.
Cash, cash equivalents and marketable securities rose to $151.1 million at quarter-end from $120.67 million at end-2025.
Driverless fleet and operations
Deployed seven driverless trucks to lift the customer-owned fleet to 35; paid driverless operations surpassed 40,000 cumulative hours, up 71% from end-Q1.
Q2 revenue grows, net income turns positive
Kodiak posted Q2 revenue of $3.5 million, up 91% quarter-over-quarter; operating loss widened to $43.68 million from $25.35 million.
Net income swung to $12.48 million from a net loss of $113.73 million a year earlier, driven by a $58.28 million warrant fair-value gain.
