Cyngn Inc. (CYN) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CYN SEC filings page.
Cyngn Inc. (CYN) reported $387K in revenue over the twelve months to Jun 30, 2026, down 11.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cyngn remains a development-stage business: spending stays far above revenue, while financing—not operations—supplies the cash.
In FY2025, operating cash flow of-$23.6M nearly matched the net loss of$23.5M , showing cash conversion is closely tracking reported losses rather than masking them through non-cash charges. R&D and SG&A together exceeded$25M against revenue below$1M , showing a cost base carried well ahead of commercial scale.
Revenue fell from
Equity moved from negative to positive between FY2024 and FY2025 alongside financing cash flow of
Financial Health Signals
Cyngn Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Cyngn Inc. scores -6.40, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($9.4M) relative to total liabilities ($11.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Cyngn Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Cyngn Inc. reported a net loss of $23.5M while operations used $23.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Cyngn Inc. generated $144K in revenue in Q2 2026. This represents an increase of 328.3% from the same quarter a year earlier. Against the prior quarter it is up 38.1%.
Cyngn Inc.'s EBITDA was -$6.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 22.4% from the same quarter a year earlier. Against the prior quarter it is down 0.6%.
Cyngn Inc. reported -$6.4M in net income in Q2 2026. This represents a decrease of 16.6% from the same quarter a year earlier. Against the prior quarter it is up 2.0%.
Not reported for Q2 2026.
Cash & Balance Sheet
Cyngn Inc. recorded an outflow of $5.1M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 21.0% from the same quarter a year earlier. Against the prior quarter it is up 41.6%.
Cyngn Inc. held $2.2M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Cyngn Inc.'s gross margin was 38.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 11.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.8 percentage points.
Cyngn Inc.'s ROE was -14.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.4 percentage points.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Cyngn Inc. invested $3.2M in research and development in Q2 2026. This represents an increase of 60.1% from the same quarter a year earlier. Against the prior quarter it is up 9.1%.
Cyngn Inc. invested $326K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 87.2% from the same quarter a year earlier. Against the prior quarter it is up 12.8%.
Not reported for Q2 2026.
CYN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $144K+328.3% | $105K+121.8% | $68K-77.8% | $70K+47.1% | $34K+289.2% | $47K+755.3% | $306K+659.2% | $48K+88.8% |
| Cost of Revenue | $89K+425.2% | $57K+385.5% | $56K-77.5% | $51K-67.7% | $17K+13.6% | $12K-89.6% | $250K+148.3% | $157K+270.8% |
| Gross Profit | $55K+230.6% | $47K+33.6% | $12K-78.9% | $19K+117.5% | $17K+368.2% | $35K+132.6% | $57K+194.0% | -$110K-537.5% |
| R&D Expenses | $3.2M+60.1% | $2.9M+37.1% | $3.1M+48.6% | $5.3M+88.0% | $2.0M-38.4% | $2.1M-33.2% | $2.1M-30.2% | $2.8M-4.6% |
| SG&A Expenses | $3.7M+3.0% | $4.1M+30.4% | $3.4M-1.7% | $3.2M+22.2% | $3.5M+36.1% | $3.1M+16.3% | $3.5M+50.8% | $2.6M-2.3% |
| Operating Income | -$6.8M-22.8% | -$6.9M-33.1% | -$6.6M-18.3% | -$8.4M-52.8% | -$5.5M+5.3% | -$5.2M+12.6% | -$5.5M-2.7% | -$5.5M+1.8% |
| EBITDA | -$6.7M-22.4% | -$6.6M-33.2% | -$5.7M-10.0% | -$8.3M-53.2% | -$5.4M+5.5% | -$5.0M+13.4% | -$5.2M-7.3% | -$5.4M+1.2% |
| Interest Expense | N/A | N/A | N/A | $252K | $198K+11762.9% | N/A | N/A | N/A |
| Income Tax | $0 | N/A | N/A | $0 | $0 | $0 | N/A | $0 |
| Net Income | -$6.4M-16.6% | -$6.5M-65.8% | -$5.7M+64.8% | -$8.4M-55.5% | -$5.4M+6.4% | -$3.9M+34.5% | -$16.1M-200.9% | -$5.4M+0.8% |
| EPS (Basic) | -$0.45+83.3% | -$0.59+82.6% | $0.03+100.0% | -$1.20+99.7% | -$2.70+99.6% | -$3.40+99.2% | -$597.18-597080.0% | -$408.30-3601.7% |
| EPS (Diluted) | N/A | -$0.59 | $0.03+100.0% | -$1.20 | -$2.70 | -$3.40 | -$597.18 | -$408.30 |
| Diluted Shares (Avg) | N/A | 11M | N/A | 7M | 2M | 1M | N/A | 13,293 |
CYN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $55.0M-2.2% | $61.0M+150.4% | $50.1M+66.3% | $49.3M+480.9% | $56.2M+371.0% | $24.3M+148.7% | $30.1M+130.9% | $8.5M-26.6% |
| Current Assets | $44.0M+0.7% | $49.9M+166.6% | $39.2M+53.2% | $39.1M+778.0% | $43.6M+423.7% | $18.7M+198.5% | $25.6M+170.1% | $4.5M-48.2% |
| Cash & Equivalents | $2.2M-92.9% | $5.1M+412.0% | $990K-95.8% | $4.8M+144.1% | $31.3M+428.5% | $1.0M-54.3% | $23.6M+557.6% | $2.0M-44.2% |
| Short-Term Investments | $37.5M+374.8% | $39.2M+155.9% | $33.7M | $30.1M+3597.9% | $7.9M+642.3% | $15.3M+494.7% | $0-100.0% | $813K-82.4% |
| Inventory | $1.7M+68.1% | $1.8M+97.8% | $2.0M+1257.6% | $886K+135.8% | $986K | $902K+1183.7% | $150K | $376K |
| Accounts Receivable | $705K+589.9% | $562K | $780K | $206K | $102K | N/A | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $10.4M+10.2% | $10.4M+370.9% | $11.3M-63.7% | $10.6M+478.0% | $9.4M+323.1% | $2.2M+21.1% | $31.1M+1198.6% | $1.8M+35.9% |
| Current Liabilities | $2.7M-10.4% | $4.1M+87.4% | $3.5M+3.0% | $3.9M+113.5% | $3.0M+34.8% | $2.2M+30.3% | $3.4M+65.3% | $1.8M |
| Non-Current Liabilities | $7.7M+19.8% | $6.3M | $7.8M-72.0% | $6.7M | $6.4M | $0-100.0% | $27.7M+8629.9% | $0 |
| Total Equity | $44.6M-4.6% | $50.6M+128.4% | $38.8M+3798.2% | $38.7M+481.7% | $46.8M+382.0% | $22.1M+177.8% | -$1.0M-109.9% | $6.6M-34.8% |
| Retained Earnings | -$229.7M-13.5% | -$223.3M-13.4% | -$216.8M-12.1% | -$211.2M-19.1% | -$202.3M-17.8% | -$196.9M-18.6% | -$193.4M-20.8% | -$177.2M-15.7% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
CYN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.8M+24.0% | -$8.4M-29.0% | -$6.7M-84.9% | -$4.1M+23.7% | -$6.3M-42.7% | -$6.5M-11.5% | -$3.6M+27.6% | -$5.3M-27.0% |
| Depreciation & Amortization | $92K+52.1% | $317K+31.4% | $295K+1360.6% | $71K+16.3% | $60K+8.0% | $241K+6.8% | -$23K-109.2% | $61K-35.4% |
| Stock-Based Compensation | $376K-17.6% | $386K-28.0% | N/A | N/A | $457K-25.8% | $536K-18.0% | N/A | $602K-16.3% |
| Capital Expenditures | $326K+87.2% | $289K+62.2% | $358K+15.0% | $520K+219.8% | $174K-52.0% | $178K-16.7% | $312K+120.3% | $162K-61.6% |
| Free Cash Flow | -$5.1M+21.0% | -$8.7M-29.9% | -$7.1M-79.4% | -$4.6M+16.4% | -$6.4M-35.5% | -$6.7M-10.5% | -$4.0M+23.6% | -$5.5M-18.9% |
| Investing Cash Flow | $1.9M-73.5% | -$5.4M+66.6% | -$2.6M-809.0% | -$22.5M-5459.6% | $7.0M+487.7% | -$16.1M-1000.0% | $361K+5257.6% | -$404K-111.0% |
| Financing Cash Flow | $0-100.0% | $17.9M+1747992.1% | $5.5M-78.0% | $0-100.0% | $29.6M+327.0% | -$1K-100.0% | $24.9M+388.8% | $1.8M+74.9% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
CYN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.4%-11.4pp | 45.2%-29.8pp | 17.5%-0.9pp | 27.4% | 49.8%+122.0pp | 75.0% | 18.5% | -230.5% |
| Operating Margin | -4675.4% | -6638.2% | -9621.0% | -12028.9% | -16313.4% | -11060.0% | -1808.7% | -11575.7% |
| Net Margin | -4398.8% | -6203.1% | -8323.9% | -12059.9% | -16154.6% | -8295.8% | -5261.2% | -11405.9% |
| Return on Equity | -14.2%-2.6pp | -12.8%+4.8pp | -14.6% | -21.8%+59.8pp | -11.7%+48.3pp | -17.7%+57.2pp | N/A | -81.6%-28.0pp |
| Return on Assets | -11.6%-1.9pp | -10.6%+5.4pp | -11.3%+42.2pp | -17.1%+46.9pp | -9.7%+39.1pp | -16.1%+44.9pp | -53.6%-12.4pp | -64.0%-16.6pp |
| Current Ratio | 16.34+1.8x | 12.07+3.6x | 11.07+3.6x | 9.99+7.6x | 14.54+10.8x | 8.49+4.8x | 7.44+2.9x | 2.43 |
| Debt-to-Equity | 0.230.0x | 0.21+0.1x | 0.29 | 0.270.0x | 0.200.0x | 0.10-0.1x | N/A | 0.28+0.1x |
| Asset Turnover | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.010.0x | 0.010.0x |
| FCF Margin | -3517.0% | -8312.9% | -10421.0% | -6552.1% | -19070.4% | -14191.4% | -1291.8% | -11531.1% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Cyngn Inc. CYN | FY2025 | $219K | -$23.5M | N/A | $9.4M | — |
| Firefly Neuroscience, Inc. AIFF | FY2025 | $1.1M | -$19.9M | N/A | $19.6M | 36/100 |
| Beamr Imaging Ltd. BMR | FY2025 | $3.1M | -$6.0M | N/A | $24.1M | 55/100 |
| Nukkleus Inc. NUKK | FY2025 | N/A | $78.5M | N/A | $52.0M | — |
| NETCLASS TECHNOLOGY INC NTCL | FY2025 | $9.8M | -$10.8M | N/A | $4.2M | 19/100 |
| Wetour Robotics Limited WETO | FY2025 | $5.0M | -$1.7M | -35.1% | $1.1M | 26/100 |
Where Cyngn Inc. Ranks
Frequently Asked Questions
What is Cyngn Inc.'s annual revenue?
Cyngn Inc. (CYN) reported $219K in total revenue for fiscal year 2025. This represents a -40.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Cyngn Inc.'s revenue growing?
Cyngn Inc. (CYN) revenue declined by 40.5% year-over-year, from $368K to $219K in fiscal year 2025.
Is Cyngn Inc. profitable?
No, Cyngn Inc. (CYN) reported a net income of -$23.5M in fiscal year 2025.
What is Cyngn Inc.'s EBITDA?
Cyngn Inc. (CYN) had EBITDA of -$24.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Cyngn Inc.'s gross margin?
Cyngn Inc. (CYN) had a gross margin of 38.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Cyngn Inc.'s return on equity (ROE)?
Cyngn Inc. (CYN) has a return on equity of -60.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Cyngn Inc.'s free cash flow?
Cyngn Inc. (CYN) recorded an outflow of $24.8M in free cash flow during fiscal year 2025. This represents a -22.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Cyngn Inc.'s operating cash flow?
Cyngn Inc. (CYN) recorded an outflow of $23.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Cyngn Inc.'s total assets?
Cyngn Inc. (CYN) had $50.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Cyngn Inc.'s capital expenditures?
Cyngn Inc. (CYN) invested $1.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Cyngn Inc. spend on research and development?
Cyngn Inc. (CYN) invested $12.5M in research and development during fiscal year 2025.
What is Cyngn Inc.'s current ratio?
Cyngn Inc. (CYN) had a current ratio of 11.07 as of fiscal year 2025, which is generally considered healthy.
What is Cyngn Inc.'s debt-to-equity ratio?
Cyngn Inc. (CYN) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cyngn Inc.'s return on assets (ROA)?
Cyngn Inc. (CYN) had a return on assets of -46.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Cyngn Inc.'s P/E ratio?
Cyngn Inc. (CYN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $9.4M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Cyngn Inc.'s price-to-sales ratio?
Cyngn Inc. (CYN) trades at 24.3x sales, its market capitalization divided by revenue of $387K revenue, trailing 12 months to June 30, 2026. The market capitalization is $9.4M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Cyngn Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Cyngn Inc. (CYN) held $34.7M in cash, cash equivalents and investments, and reported an operating cash outflow of $23.6M over that year. Dividing the one by the other, the reported balance equals about 18 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Cyngn Inc.'s Altman Z-Score?
Cyngn Inc. (CYN) has an Altman Z-Score of -6.40, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Cyngn Inc.'s Piotroski F-Score?
Cyngn Inc. (CYN) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cyngn Inc.'s earnings high quality?
Cyngn Inc. (CYN) reported a net loss of $23.5M while operations used $23.6M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.