Richtech Robotics
Builds commercial and industrial robots while shifting toward recurring robotics-as-a-service arrangements.
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Profile
Sells commercial and industrial robots and Data Services, with ADAM and Matradee serving hospitality applications and Dex aimed at production and manufacturing. The business is moving from hardware sales toward recurring robotics-as-a-service arrangements.
Commercial Robotics pairs AI-driven ADAM and Matradee hospitality robots with recurring robotics-as-a-service arrangements. Industrial Robotics includes Dex, a mobile humanoid robot introduced for production and manufacturing contexts.
Data Services forms the third operating pillar. The portfolio was reorganized around these three pillars as the company reduced hardware-sales initiatives in favor of recurring revenue.
Its commercial model depends on deploying RaaS arrangements. Previously issued annual and interim financial statements require restatement after an audit-committee non-reliance determination related to warrants, an equity purchase agreement, and certain restricted-stock awards. The review was preliminary.
Company facts
Categories
Key statistics
Year to date −47.3% · Average volume (30d) 5.8M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Target |
|---|---|---|---|
| Sep 19, 2025 | H.C. Wainwright | Target | $6 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 19, 2026Q3 FY26 | −$0.05 | $0.00 | +97.4% | $1.6M | $1.5M | −3.2% | +1.24% |
| Aug 10, 2026Q3 FY26 | −$0.05 | $0.00 | +97.4% | $1.6M | $1.5M | −3.2% | +6.21% |
| Aug 7, 2026Q3 FY26 | −$0.03 | $0.00 | +95.7% | $1.4M | $1.5M | +5.0% | +6.21% |
| Aug 6, 2026Q3 FY26 | −$0.05 | $0.00 | +97.4% | $2.4M | $1.5M | −36.9% | −1.94% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.2M | $1.2M | $1.4M | $1.1M | $1.5M | $1.4M | |
| Gross profit | $713.0K | $876.0K | $566.0K | $600.0K | $665.0K | $802.0K | |
| Operating income | −$4.9M | −$4.5M | −$4.6M | −$11.8M | −$5.0M | −$13.3M | |
| Net income | −$4.5M | −$4.1M | −$3.6M | −$8.4M | −$276.0K | −$10.0M | |
| Diluted EPS | −$0.05 | −$0.04 | −$0.02 | −$0.04 | −$0.00 | −$0.04 | |
| Gross margin | 61.1% | 74.4% | 39.2% | 52.3% | 44.3% | 58.4% | |
| Operating margin | -423.2% | -382.9% | -318.6% | -1,029.6% | -335.4% | -966.3% |
Fiscal years (4-quarter sums)FY22 $6.0M · FY23 $8.8M · FY24 $4.2M · FY25 $5.0M
Revenue by product · Q3 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $339.6M · Total debt $629.0K · Total assets $373.4M · Shareholders' equity $369.0M
Dividends
No dividends on record.
Ownership
Shares outstanding 183.66M · Float —
Float — provider float is below the insider stake.
The provider's float is smaller than the insider stake it should exclude, so it is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Zhenwu Huang · director, officer: Chief Executive Officer | 60.84M | 33.12% | Form 4 | Jan 12, 2026 |
| BlackRock, Inc. | 15.18M | 8.26% | 13F | Aug 7, 2026 |
| Zhenqiang Huang · director, 10 percent owner, officer: Chief Financial Officer | 8.11M | 4.42% | Form 4 | Jan 12, 2026 |
| Marshall Wace, LLP | 6.75M | 3.67% | 13F | Aug 13, 2026 |
| Vanguard Capital Management LLC | 6.58M | 3.58% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Feb 19, 2026 | Matthew G. Casella | other: Former officer | −12,500 | $2.68 |
| Feb 17, 2026 | Matthew G. Casella | other: Former Officer | −20,000 | $2.79 |
| Feb 13, 2026 | Matthew G. Casella | other: Former Officer | −40,000 | $3.00 |
| Oct 1, 2025 | Phil Zheng | officer: Chief Operating Officer | +200,000 | |
| Oct 1, 2025 | Zhenwu Huang | officer: Chief Executive Officer | +200,000 |
Peers
- Tennant
Robotic floor-scrubber rival for large commercial spaces
- Tesla
Humanoid-robot developer targeting factory work
- Symbotic
AI-enabled warehouse automation for distribution operations





