Cyngn
Integrates autonomous-driving software and hardware into industrial vehicles for private-site material movement.
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Profile
Integrates DriveMod autonomous-driving software and hardware into industrial material-moving vehicles, earning revenue from subscriptions, hardware and deployment work through a partner-dependent OEM, dealer and integrator model.
Integrates DriveMod self-driving software and hardware kits at an OEM assembly line or by retrofitting established industrial vehicles for material movement in manufacturing, distribution and other private-property sites. The Enterprise Autonomy Suite pairs the on-vehicle stack with Cyngn Insight for fleet management, teleoperation, analytics and switching among autonomous, manual and remote modes; Cyngn Evolve supplies internal AI, data and simulation tooling.
Earns revenue from subscriptions, hardware sales or leases, deployments and customer-specific engineering. Its current scaled offering is the Motrec-based DriveMod Tugger, while the DriveMod Forklift remains available to select customers. Operations and recent deployments are U.S.-focused, while OEM, dealer and integrator networks support broader deployment. Customer-site protocols and industrial standards apply case by case, and commercialization depends on partner products, capacity and execution.
Company facts
Key statistics
Year to date −62.2% · Average volume (30d) 148.5K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 12, 2026Q2 FY26 | −$0.30 | −$0.45 | −50.0% | $1.1M | $1.4M | +31.3% | −11.57% |
| May 13, 2026Q1 FY26 | −$0.60 | −$0.59 | +1.7% | $400.0K | $1.0M | +161.4% | −13.45% |
| Mar 25, 2026Q4 FY25 | −$1.00 | −$0.78 | +22.0% | $300.0K | $68.1K | −77.3% | −13.43% |
| Nov 18, 2025Q3 FY25 | −$1.00 | −$1.20 | −20.0% | $300.0K | $70.0K | −76.7% | −24.03% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $47.2K | $33.7K | $70.0K | $68.1K | $104.6K | $144.5K | |
| Gross profit | $35.3K | $16.8K | $19.2K | $12.0K | $47.2K | $55.5K | |
| Operating income | −$5.2M | −$5.5M | −$8.4M | −$6.6M | −$6.9M | −$6.8M | |
| Net income | −$7.6M | −$5.4M | −$8.4M | −$5.7M | −$6.5M | −$6.4M | |
| Diluted EPS | −$6.60 | −$2.70 | −$1.20 | −$0.79 | −$0.59 | −$0.45 | |
| Gross margin | 74.9% | 49.8% | 27.4% | 17.5% | 45.2% | 38.4% | |
| Operating margin | -11,060.0% | -16,313.4% | -12,028.9% | -9,621.1% | -6,638.2% | -4,675.4% |
Fiscal years (4-quarter sums)FY21 $0 · FY22 $262.0K · FY23 $1.5M · FY24 $368.1K · FY25 $219.0K
Balance sheet, Jun 30, 2026Cash & short-term investments $39.7M · Total debt $6.8M · Total assets $55.0M · Shareholders' equity $44.6M
Dividends
No dividends on record.
Ownership
Shares outstanding 13.61M · Float 13.47M · 99.0% free float
Insiders — no current Form 4 position.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Empery Asset Management, LP | 1.40M | 9.99% | 13G | Apr 22, 2026 |
| Vanguard Capital Management LLC | 69.7K | 0.51% | 13F | May 15, 2026 |
| Two Sigma Securities, LLC | 45.8K | 0.34% | 13F | May 15, 2026 |
| Geode Capital Management, LLC | 41.1K | 0.30% | 13F | May 15, 2026 |
| Jane Street Group, LLC | 37.3K | 0.27% | 13F | May 12, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Hyster-Yale
Automated tow tractors and forklifts face DriveMod deployments.
- Teradyne
MiR AMRs and fleet software overlap in factory and warehouse transport.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Cyngn | $1.06 | +1.92% | $14.2M | — | — | 36.6 | +4,183.3% |
| Hyster-Yale | $33.97 | −0.10% | $604.3M | — | — | 0.2 | −15.0% |
| Teradyne | $356.69 | +0.55% | $55.50B | 48.7 | 36.2 | 12.4 | +103.9% |
| Median | 48.7 | 36.2 | 6.3 | +44.4% |