Rank One Computing Reports Q1 2026 Financial Results

Denver, CO - Rank One Computing Corporation (Nasdaq: ROC) today announced its financial results for the first quarter ended March 31, 2026. This period marked a significant transition for the company following its debut on the Nasdaq market. While total revenue was impacted by reduced research and development contract activity linked to the federal funding lapses from late 2025, the company highlighted substantial product momentum.

The company reported total revenue of $2.5 million for the first quarter of 2026, compared to $3.2 million in the same period of 2025. Product revenue remained resilient at $2.3 million, supported by significant growth in key product segments. Despite the revenue decline attributed to procurement timing, ROC continues to focus on scaling its Vision AI platform across government, public safety, and commercial markets.

Key Highlights:

• Product Growth: ROC Watch revenue increased 77% year-over-year, while ROC ABIS revenue grew by 255% year-over-year.
• Capital Strengthened: Completed an initial public offering (IPO) in the quarter, generating approximately $21.5 million in net proceeds to support business development and operations.
• New Business: Expanded contracts with the U.S. Department of War, including new AI-based target detection and face forensics capabilities.
• Market Expansion: Entered the physical access control market with the launch of ROC Access and the ROC Access Face1 device, which was awarded Best in Biometrics at ISC West 2026.
• Leadership: Appointed Gary Lac as Executive Vice President of Sales and Marketing to accelerate commercial footprint expansion.

Looking ahead, ROC is focused on converting its product traction into longer-duration program deployments. The company holds $16.6 million in cash and cash equivalents, providing a solid foundation for continued investment in product development, deployment capacity, and operating infrastructure.