Knightscope Inc. Class A Common Stock (KSCP)

FairStock Score: 33/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at Knightscope as a speculative security technology and managed services company, not a proven compounding machine. It sells autonomous security robots, emergency communication devices, and licensed security personnel as one integrated offering. The latest filed numbers show fiscal Q2 2026, the quarter ended 2026-06-30, had revenue of $9.0M and a net loss of $14.1M. That is enormous growth from fiscal Q2 2025, the quarter ended 2025-06-30, when revenue was $2.7M and net loss was $6.3M, but the loss widened faster than revenue. The annual record is sobering: fiscal year 2025 revenue was $11.3M with a net loss of $33.8M; fiscal year 2024 revenue was $10.8M with a net loss of $31.7M; fiscal year 2023 revenue was $12.8M with a net loss of $22.1M. So revenue has hovered around $11M-$13M while losses have persisted. FairStock calculations at the 2026-10-13 close of $0.61 show a market cap of $11.0M, P/B of 0.41, ROE of -201.29%, ROCE of -63.43%, Piotroski F-Score of 2/9, and Altman Z-Score of -6.60. Trailing free cash flow was -$42.4M, a FCF yield of -386.3%. That cash burn is far larger than the market value. The Lynch category is none because the company lost money in each of the last four years. A moat is not evident; 90 employees and a tiny revenue base do not show pricing power. The shares may look cheap on book value, but the business lacks a margin of safety while it burns cash. I would need proof of durable revenue and a path to positive free cash flow before calling this a sound value investment.

In plain English: Knightscope sells security robots, emergency call devices, and human security services as a managed service. Sales are growing quickly from a small base, but the company is losing large amounts of money, burning cash, and has lost money in each of the last four years. At $0.61 the stock price is very low and the company is very small; it may look cheap on some financial measures, but the business is not yet financially strong.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer