• Kodiak AI posted Q1 revenue of USD 1.8 million, up 74% quarter-over-quarter.
• Net income was USD 26.49 million, or USD 0.12 per share, versus a net loss of USD 128.19 million, or USD 2.16 per share, a year earlier.
• Operating loss widened to USD 37.85 million from USD 18.6 million a year earlier, while net cash used in operating activities increased to USD 29.5 million.
• PIPE financing raised USD 100 million of gross proceeds, while cash and cash equivalents and marketable securities totaled USD 90.2 million at quarter-end, excluding the PIPE.
• Driverless fleet expanded by eight trucks to 28 customer-owned vehicles, while cumulative hours of paid driverless operations more than doubled to over 23,500 and cumulative loads climbed about 24% to more than 15,600.

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. Kodiak Ai Inc. published the original content used to generate this news brief on May 07, 2026, and is solely responsible for the information contained therein.