Kodiak AI (KDK) Q3 FY2026 earnings: revenue $3 million, up 285.6% on the year
Kodiak AI, Inc. (KDK) reported revenue of $3 million for Q3 FY2026, the quarter ended 30 September 2026, up 285.6% on the same quarter a year earlier. Net income was $27 million, and diluted earnings per share $0.09. The figures are the company's own, from the 10-Q it filed with the SEC on 6 November 2026.
Revenue
$3 million
+285.6% on the year · -15.1% on the quarter
Q3 FY2024Q3 FY2026
Operating margin
-1696.8%
-3892.1% a year earlier
Q3 FY2024Q3 FY2026
Net income
$27 million
+119.7% on the quarter
Q3 FY2024Q3 FY2026
Diluted EPS
$0.09
Q3 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 new.
Autonomy readiness measure reached 99%: The Autonomy Readiness Measure was 99% at quarter-end, up from 91% as of July in the prior release. Management tied it to the targeted year-end unsupervised long-haul launch.
DTL Transport binding agreement for 75 trucks: A binding definitive agreement with DTL Transport covers the Kodiak Driver in 75 customer-owned and operated trucks. Management described it as a commitment under the Driver-as-a-Service model.
Quarterly revenue up 286% year over year: Third quarter revenue was $2,969 thousand, against $770 thousand a year earlier and $3,499 thousand in Q2. Management attributed growth mainly to Driver-as-a-Service operations and a one-time Defense contribution.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
-35.2
-34.1
-33.4
Capital expenditure
2.8
3.9
6.6
-29.3%
-58.1%
Free cash flow
-38.0
-38.1
-40.0
Free cash flow margin
-1280.0%
-1087.7%
-5194.7%
Cash from investing
19.2
-82.2
-6.6
Cash from financing
0.1
98.1
166
-99.9%
-99.9%
Depreciation and amortisation
1.9
1.6
0.9
+18.8%
+111.1%
Share-based compensation
8.8
6.4
5.2
+38.4%
+68.3%
Diluted shares, weighted
228m
193m
69m
+17.8%
+227.9%
Shares outstanding at period end
196m
194m
175m
+1.1%
+12.2%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
-151
-189
-220
Redeemable equity
223
223
223
0.0%
0.0%
Debt
42.7
42.2
33.2
+1.3%
+28.5%
Operating lease liabilities
3.1
3.5
4.1
-11.7%
-25.2%
Other liabilities
40.9
114
137
-64.3%
-70.1%
Total liabilities and equity
159
194
178
-18.5%
-10.9%
Fixed assets
32.8
31.3
18.8
+4.7%
+74.4%
Investments
82.8
104
n/a
-20.7%
Cash and equivalents
30.9
46.8
146
-33.9%
-78.9%
Receivables
0.3
0.5
0.7
-45.9%
-60.8%
Other assets
11.8
11.5
12.1
+2.5%
-2.7%
Total assets
159
194
178
-18.5%
-10.9%
Questions
What was Kodiak AI's revenue in Q3 FY2026?
Kodiak AI (KDK) reported revenue of $3 million for Q3 FY2026, the quarter ended 30 September 2026, up 285.6% on the same quarter a year earlier.
How much did Kodiak AI earn in Q3 FY2026?
Net income for Q3 FY2026 was $27 million, and diluted earnings per share $0.09.
When did Kodiak AI report Q3 FY2026 results?
Kodiak AI filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 6 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 6 November 2026: the filing.