Duke Robotics reports second-quarter 2026 results
Duke Robotics recorded US$149,000 of Q2 revenue and ended June with US$6.99 million of cash and restricted cash after its May offering.
Evidence notes
- Cost of revenue increased to US$91,000 from US$55,000, and gross profit declined to US$58,000 from US$88,000.
- General and administrative expense rose to US$954,000 from US$314,000, driven by share-based compensation, Nasdaq and offering fees, and higher personnel costs.
- Operating loss widened to US$928,000 from US$250,000; financing income of US$202,000 reduced the resulting net loss to US$726,000.
Company context
Develops aerial robotic systems for infrastructure operations and defense-adjacent missions. Its product line includes the IC Drone for insulator-cleaning and field maintenance workflows, alongside broader aerial systems for security and operational use.