Cyngn Q2 revenue rises to $144,459 as net loss widens to $6.4 million
Cyngn reported second-quarter 2026 results with revenue of $144,459, up from $33,726 a year earlier, while its net loss widened to $6.4 million from $5.4 million as total costs rose 25%. The company said commercial execution was delayed relative to its expectations, and it has reduced management layers and changed sales leadership. Cash and short-term investments totaled $39.7 million at June 30, 2026, and the company reported no debt.
Key points
- Q2 2026 revenue was $144,459, compared with $33,726 in Q2 2025.
- Q2 2026 net loss was $(6.4) million, or $(0.45) per share, on about 14.1 million weighted-average shares, versus $(5.4) million, or $(2.70) per share, on about 2.0 million shares in Q2 2025.
- Total costs and expenses rose $1.4 million, or 25%, to $6.9 million, mainly from a $1.2 million increase in research and development.
- Cash and short-term investments were $39.7 million at June 30, 2026, versus $34.7 million at December 31, 2025.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.