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Cyngn (CYN) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 14, 2026

Cyngn (CYN) reported revenue of $105K for the first quarter 2026 (Q1 2026), +122% from a year earlier and +54% from the quarter before.

Revenue$105K
Year over year+122%
Quarter over quarter+54%
Operating margin—
Net earnings−$6.5M

Cyngn, Q1 2026: revenue $105K (+122% year over year), net loss $6.5M, operating cash flow −$8.4M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$105K+54%+122%
Operating profit−$6.9M——
Net earnings−$6.5M——
Operating cash flow−$8.4M——

What changed

Revenue was $105K in Q1 2026, up 122% year over year and up 54% from the previous quarter.

Operating costs exceeded revenue by $6.9M, an operating margin of -6638.2%. Total costs grew 34% against revenue growth of 122%. The fastest-growing cost line was Cost of revenue (+385%). The quarter ended with a net loss of $6.5M, wider than the previous quarter's $5.7M loss.

Operating cash flow was −$8.4M. Non-cash charges added back $317K of depreciation and amortization and $386K of share-based compensation. Working capital and other items used $2.6M. Capital expenditures of $289K exceeded it, leaving free cash flow of −$8.7M.

Questions

What was Cyngn's revenue in the first quarter 2026?

Cyngn (CYN) reported revenue of $105K for the first quarter 2026 (Q1 2026), +122% from a year earlier and +54% from the quarter before.

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Source: Cyngn 10-Q on SEC EDGAR.