AMERIGUARD SECURITY SERVICES, INC. reported first-quarter 2026 results with revenue of $3.43M and a net loss of $843K, an improvement from the prior-year quarter as lower operating expenses helped narrow the loss despite a sharp decline in government contract sales.
Financial Highlights
- Revenue was $3.43M for Q1 2026, down from $7.17M in Q1 2025; YoY change (52.2%).
- Net income was $(843K) for Q1 2026, versus $(1.47M) in Q1 2025 (loss narrowed YoY).
- Diluted EPS was $(0.0094) for Q1 2026, compared with $(0.0155) in Q1 2025 (improved YoY).
Business Highlights
- Revenue decline driven by loss of three federal guard contracts in July 2025, cutting government contract revenue by roughly 52% year over year and materially reducing sales.
- Gross profit decreased, but operating expenses were reduced by about 45%, enabling a smaller net loss despite lower revenue.
- Company is focusing on growing TransportUS (federal and private‑pay transport) and expanding Ameriguard's portable high‑tech surveillance and guard response offerings to diversify revenue away from government contracts.
- Launched a Las Vegas sales office and added sales hires; management expects near‑term contract opportunities and increased non‑government revenue.
- Pursuing acquisitions and capital partners to fund fleet ownership, technology expansion, and nationwide contract bidding as part of its growth strategy.
Original SEC Filing:
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