Odysight.ai H1 2026 revenue falls to $0.5 million; net loss widens to $9.5 million
Odysight.ai reported first-half 2026 revenue of $0.5 million, down from $2.4 million a year earlier, and a net loss of $9.5 million, up from $8.3 million. The company said revenue is expected to be weighted toward the second half as existing orders convert to deliveries, and backlog rose to $16.45 million as of the release date, including a first purchase order from Boeing.
Key points
- Revenue was $0.5 million for the six months ended June 30, 2026, versus about $2.4 million in the prior-year period; the prior year included $1.86 million from a Fortune 500 medical company customer in Q1 2025.
- Net loss was about $9.5 million for the six months, compared with about $8.3 million a year earlier; operating expenses were about $10.0 million versus $9.7 million.
- Backlog was $14.1 million at June 30, 2026 and about $16.45 million as of August 13, 2026, including a first purchase order from Boeing in August 2026.
- Cash was about $17.6 million at June 30, 2026, with no debt.
The filing
Written by AI on Nov 9, 2026, 8:38 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 13, 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.