CLOUDASTRUCTURE, INC. reported first-quarter 2026 results with revenue rising to $1.32M while the company posted a net loss of $2.77M and diluted EPS of $(0.14), compared with revenue of $738K, a net loss of $2.02M and diluted EPS of $(0.15) in the year-ago quarter.
Financial Highlights
- Revenue was $1.32M for Q1 2026, compared with $738K in Q1 2025; YoY change 78%.
- Net income (loss) was a loss of $2.77M for Q1 2026, compared with a loss of $2.02M in Q1 2025; loss widened ~38% YoY.
- Diluted EPS was $(0.14) for Q1 2026, versus $(0.15) in Q1 2025.
Business Highlights
- Total revenue growth of 78% was driven by expansion of subscriptions and higher hardware and installation sales.
- Cloud-native offerings showed strong traction: cloud video and Remote Guarding subscriptions increased 193% and 187% year over year, respectively.
- Company secured contracts with six of the top ten NMHC 50 property managers and expanded presence in construction, logistics and critical infrastructure sectors.
- Operational scaling increased installs and headcount; installation labor and operations costs rose to support expanded deployments and data center capacity.
- Performance metrics cited AI combined with remote guards deterring approximately 98% of threatening activity in 2025, positioning the service as a proactive crime-prevention tool.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.