ROC Delivers Record Quarterly Revenue of $8.0 Million in the Third-Quarter 2026, Up 50% YoY; Achieves Quarterly Profitability
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
ROC (Nasdaq: ROC) reported record third-quarter 2026 revenue of $8.0 million, up 50% year over year, and returned to quarterly profitability. Net income was $614,660, or $0.03 per basic and diluted share, versus a $753,366 loss a year earlier. Gross margin rose to 90% from 79%, while operating expenses increased to $6.6 million from $4.3 million.
ROC secured a Department of Justice digital evidence contract with a $64.3 million potential value over eight years, including approximately $7.4 million for the initial one-year base period. A federal ROC ABIS contract has a $5.1 million potential value over five years, including approximately $2.5 million committed. ROC completed its ZTC acquisition on August 31, 2026. September-end cash was $7.5 million, with no revolving credit borrowings. Despite quarterly profitability, the nine-month net loss widened to $3,240,046 from $908,726.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointThird-quarter revenue reached $8.0 million, up 50% year over year and 57% sequentially.
- Moderate pointQuarterly net income reached $614,660, versus a $753,366 loss; basic and diluted EPS improved to $0.03 from negative $0.05.
- Moderate point. Forward-looking: it has not happened yet and may not happen.DOJ digital evidence contract includes approximately $7.4 million under its initial one-year base period. 11% of market cap
- Moderate point. Forward-looking: it has not happened yet and may not happen.Federal ROC ABIS contract includes approximately $2.5 million in committed value; its platform license was delivered during the quarter. 3.7% of market cap
- Moderate pointQuarterly gross profit increased 71% to $7.2 million; gross margin improved to 90% from 79%.
- Moderate pointZTC acquisition completed August 31, 2026, adding digital forensics capabilities and established federal customer relationships.
- Moderate pointSeptember-end cash reached $7,473,292, versus $270,560 at December 31, 2025.
14 minor points
- Minor pointProduct revenue increased 24% to $5.7 million year over year.
- Minor pointROC ABIS quarterly revenue increased 654% to $2.2 million from $287,000 a year earlier.
- Minor pointROC SDK quarterly revenue increased 52% to $2.6 million from $1.7 million a year earlier.
- Minor pointGovernment research and development contract revenue increased 175% to $2.2 million year over year.
- Minor pointROC Evidence generated approximately $63,000 in quarterly revenue following initial commercialization in the second quarter of 2026.
- Minor point. Forward-looking: it has not happened yet and may not happen.ROC expects more meaningful DOJ contract revenue in fourth-quarter 2026 through third-quarter 2027.
- Minor pointROC Enroll quarterly revenue increased 55% to approximately $59,000 from $38,000 a year earlier.
- Minor pointService Contracts generated approximately $0.2 million in quarterly revenue, primarily attributable to acquired ZTC operations.
- Minor pointQuarterly operating income reached $598,309, versus an operating loss of $65,122 a year earlier.
- Minor pointROC launched its first SaaS product, an Age Estimation API delivered as a software service.
- Minor pointNine-month sales increased to $15,646,391 from $13,492,434 in the corresponding 2025 period.
- Minor pointNine-month gross profit increased to $13,762,368 from $10,714,795 in the corresponding 2025 period.
- Minor pointRevolving credit borrowings were zero at September 30, 2026, versus $1,839,891 at December 31, 2025.
- Minor pointWorking capital totaled approximately $14.8 million at September 30, 2026.
Negative
- Moderate pointROC Watch quarterly revenue fell to $0.8 million from $2.5 million year over year, despite 219% sequential growth.
- Moderate pointQuarterly operating expenses increased to $6.6 million from $4.3 million a year earlier.
- Moderate pointNine-month net loss widened to $3,240,046 from $908,726; basic and diluted loss per share widened to $0.18 from $0.06.
- Moderate pointAccounts receivable increased to $11.1 million at September 30, 2026, from $5.6 million at June 30, 2026.
- Moderate pointOutstanding common shares increased to 19,560,771 at September 30, 2026, from 15,021,650 at December 31, 2025.
4 minor points
- Minor point. Forward-looking: it has not happened yet and may not happen.DOJ contract's $64.3 million total potential value over eight years extends beyond its initial one-year base period.
- Minor point. Forward-looking: it has not happened yet and may not happen.Federal ROC ABIS contract's $5.1 million potential value over five years exceeds approximately $2.5 million committed.
- Minor pointNine-month operating loss widened to $3,247,238 from $258,706 in the corresponding 2025 period.
- Minor pointAcquisition consideration payable totaled $385,976 at September 30, 2026.
News Explained
Cash at September 30 was $7,473,292, and nine-month operating cash use was $9,451,229.
ROC’s third-quarter results report
The company used
Key Figures
- Revenue
- $8.0 million, up 50%
- Third quarter 2026 vs. third quarter 2025
- Product revenue
- $5.7 million, up 24%
- Third quarter 2026 vs. third quarter 2025
- Gross margin
- 90%, compared with 79%
- Third quarter 2026 vs. third quarter 2025
- Net income
- Approximately $0.6 million, compared with approximately $0.8 million net loss
- Third quarter 2026 vs. third quarter 2025
- DOJ contract potential value
- $64.3 million over eight years
- ROC Evidence contract; total potential value
- DOJ initial base period
- Approximately $7.4 million
- Initial one-year base period
- ROC ABIS contract
- $5.1 million total potential value; approximately $2.5 million committed
- Five-year federal contract
Key Terms
saas technical
digital forensics technical
form 10-q regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Product revenue grew 24% to
Measurable results validate ROC’s core growth drivers; ROC ABIS grew
Secured transformational federal beachhead contracts for ROC ABIS and ROC Evidence, including a
DENVER, Nov. 12, 2026 (GLOBE NEWSWIRE) -- Rank One Computing Corporation d/b/a ROC (Nasdaq: ROC) (“ROC” or the “Company”), a U.S. leader in Vision AI, building unified biometric, video analytics, and digital evidence solutions, today announced financial results for the third quarter ended September 30, 2026.
“The third quarter marked a transformational period for ROC, highlighted by record revenue, a profitable quarter, and significant execution against the strategic objectives we established at our IPO,” said B. Scott Swann, ROC’s Chief Executive Officer. “We delivered record third-quarter revenue of
“Importantly, we delivered on our commitment by establishing two foundational federal beachhead contracts for ROC ABIS and ROC Evidence, including the largest award in ROC’s history, a
Mr. Swann continued, “We entered the fourth quarter from a position of strength, focused on disciplined execution, specifically addressing our three core growth products, ROC ABIS, ROC Evidence and ROC Watch. With the integration of ZTC strengthening ROC Evidence and a broad pipeline of opportunities across our commercial and federal markets, we believe we are building a foundation for sustained, long-term growth. We consider the third quarter an inflection point for ROC, as we secured two landmark contracts and reached record revenue. Achieving these significant milestones leaves us confident in a strong close to 2026.”
Third Quarter 2026 Business Updates
- Secured a U.S. Department of Justice (DOJ) ROC Evidence contract, the largest award in ROC’s history, with a total potential value of
$64.3 million over eight years, including approximately$7.4 million under the initial one-year base period.
- Secured ROC’s first strategic federal ROC ABIS contract, with a total potential value of
$5.1 million over five years, including approximately$2.5 million in committed contract value, delivering this significant federal ABIS platform license during the quarter.
- Continued strong commercial adoption of ROC SDK, generating
$2.6 million in quarterly revenue, representing52% year-over-year growth.
- Expanded ROC Watch’s market presence with new government and commercial customer wins during the third quarter, reflecting continued adoption of ROC’s video analytics solutions.
Third Quarter 2026 Corporate Highlights and Subsequent Events
- Completed the acquisition of Zuccaro Technical Consulting (ZTC) on August 31, 2026, expanding ROC Evidence with proprietary digital forensics capabilities, experienced technical personnel, and established federal customer relationships.
- Achieved #1 global accuracy rankings across three National Institute of Standards and Technology (NIST) Face Analysis Technology Evaluation (FATE) Age Estimation and Verification benchmarks, including Visa, Application, and Mugshot datasets.
- Appointed Dr. Anil K. Jain, a globally recognized pioneer in biometrics, pattern recognition, and computer vision, to ROC’s Board of Directors.
- Launched ROC's first SaaS product, an Age Estimation API that establishes a foundation for new recurring revenue opportunities across the Company’s Vision AI portfolio.
Third Quarter 2026 Financial Results (as compared to Third Quarter 2025)
Revenue reached a record
Product revenue was
During the third quarter of 2026, ROC's product revenue performance reflected continued commercial adoption and expansion across its Vision AI portfolio:
- ROC SDK revenue was
$2.6 million , a YoY increase of52% from$1.7 million , reflecting new customer contracts and expanded commercial adoption.
- ROC ABIS revenue was
$2.2 million , a YoY increase of654% from$287,000 , advancing commercialization with a significant federal ABIS platform license delivered during the quarter.
- ROC Watch revenue was
$0.8 million , compared to$2.5 million in the prior year quarter, due to a mission deployment that was completed in Q4 2025. Sequentially, ROC Watch revenue increased219% from$0.2 million in the second quarter of 2026.
- ROC Evidence revenue was approximately
$63,000 , following initial commercialization in the second quarter 2026. The DOJ contract base-year award contributed revenue for initial services delivered in the third quarter of 2026 and will contribute more meaningful revenue in the fourth quarter of 2026 and continuing through the third quarter of 2027.
- ROC Enroll revenue was approximately
$59,000 , a YoY increase of55% from$38,000 .
Government R&D contract revenue was
During the third quarter of 2026, the Company began reporting Service Contracts revenue, which includes revenue from pure service contracts that do not include a software license, hardware, or R&D deliverable. Service Contracts revenue was approximately
Gross profit was
Gross margin may fluctuate between reporting periods based on the timing and mix of software license revenue, services, hardware deployments, and government R&D contract activity.
Operating expenses totaled
Net income was approximately
As of September 30, 2026, ROC had
Accounts receivable increased to
The Company completed its acquisition of ZTC on August 31, 2026, as previously announced in a Current Report on Form 8-K filed on September 2, 2026 (the “ZTC 8-K”). ZTC’s operating results for the post-acquisition period of September 1, 2026 through September 30, 2026 have been included in ROC’s consolidated financial statements contained in its Quarterly Report on Form 10-Q for the period ended September 30, 2026, which was filed on November 12, 2026. In addition, (A) ZTC’s audited financial statements as of December 31, 2025 and 2024 and for the years then ended, together with the related independent auditor’s report; (B) ZTC’s unaudited interim financial statements as of June 30, 2026 and for the six months ended June 30, 2026; (C) the unaudited pro forma condensed combined balance sheet of ROC as of June 30, 2026, giving effect to the ZTC transaction as if it had occurred on June 30, 2026; and (D) the unaudited pro forma condensed combined statements of operations of ROC for the year ended December 31, 2025 and the six months ended June 30, 2026, in each case giving effect to the ZTC transaction as if it had occurred on January 1, 2025 have been prepared in accordance with Article 11 of Regulation S-X and filed separately under a Form 8-K/A filing dated November 12, 2026, which amends the ZTC 8-K as required under applicable SEC regulations and in accordance with those requirements.
Conference Call Information
ROC will host a conference call today, November 12, 2026, at 4:30 PM ET to discuss the Company’s third quarter 2026 results and conduct a question-and-answer session. The dial-in number for the conference call is (866) 777-2509 (toll-free) or (412) 317-5413 (international). Please dial into the number 10 minutes prior to the scheduled start time.
In addition, a live webcast of the conference call will be available on ROC’s Investor Relations website at https://investors.roc.ai/. A replay of the webcast will be available on ROC’s Investor Relations website for one year following the call.
About ROC
ROC is a leading U.S. developer of Vision AI, delivering sovereign biometrics, video analytics, and digital evidence through a unified platform. This enables agency and integrator partners to unlock faster, more accurate, and cost-efficient capabilities. At its core, ROC transforms raw pixels into real-time operational awareness for defense, public safety, and digital commerce. The Company is headquartered in Denver, Colo., with additional hubs in Grand Rapids, Mich., and Morgantown, W. Va. For more information, please visit the Company’s website: www.roc.ai.
Forward-Looking Statements
This earnings release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. These statements are made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect current views about future events and financial performance based on certain assumptions. They include opinions, forecasts, intentions, plans, goals, projections, guidance, expectations, beliefs or other statements that are not statements of historical fact. Forward-looking statements can be identified by terminology such as “will,” “may,” “should,” “could,” “would,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “targets,” “projects,” “forecasts,” “guidance,” “outlook,” “approximates,” “predicts,” “potential,” “continue,” “likely,” “ongoing,” “confident,” ”positioned,” “pipeline,” or the negative or other variations of such expressions, and similar expressions although not all forward-looking statements may contain these words. Any statements that are not historical facts or that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, our goals, strategies, focus and plans, and other characterizations of future events or circumstances, including statements expressing general optimism about future operating results and the development of our products, are forward-looking statements. Forward-looking statements in this earnings release include, without limitation, statements regarding the expected timing and amount of revenue under the Company’s U.S. Department of Justice contract and its ROC ABIS contract, the total potential value of those contracts, the Company’s pipeline of federal and commercial opportunities, its ability to pursue larger and longer-duration opportunities, the anticipated benefits of the ZTC acquisition, the commercialization of its SaaS and API offerings, the Company’s expectations for the fourth quarter and full year 2026, and the matters described under “Business Outlook.” The Company may also make written or oral forward-looking statements in its periodic reports filed with or furnished to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Forward-looking statements are based on the Company's current expectations and assumptions regarding its business, the economy, and other future conditions, and involve known and unknown risks, uncertainties, and other factors — many of which are outside the Company's control — that could cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Such factors include, but are not limited to: the U.S. Government's right to terminate or decline to renew contracts, in whole or in part, for convenience; the fact that option periods under the Company's government contracts, including its U.S. Department of Justice contract, are exercisable at the Government's sole discretion and subject to the availability of appropriations, such that the total potential contract value , and the revenue anticipated under the base period, may not be realized; the timing of contract awards, funding, implementation milestones, customer acceptance, and revenue recognition, including the effect of government shutdowns or continuing resolutions; the concentration of the Company's revenue among a limited number of customers and contracts, and the extent to which significant license revenue recognized in a particular quarter may not recur; fluctuations in quarterly results, revenue mix, and gross margin; the Company's ability to sustain profitability, and the extent to which increases in operating expenses may outpace revenue growth; the timing of customer invoicing and the collectability of accounts receivable; the Company’s liquidity and its ability to obtain additional financing on acceptable terms, or at all; risks relating to the integration of ZTC and the realization of the anticipated benefits of the acquisition; market acceptance of new products and offerings, including the Company’s SaaS and API offerings; the extent to which the Company’s performance in third-party benchmark evaluations translates into customer adoption; the Company's ability to execute on its goals and strategies; its future business development, financial condition, results of operations, and cash flows; competitive dynamics and changes in the markets in which the Company operates; macroeconomic and geopolitical conditions, including inflation, interest rates, tariffs, trade policy, and currency fluctuations; the Company's ability to attract, retain, and develop talent; cybersecurity incidents and information technology disruptions; the Company's ability to protect its intellectual property; the impact of artificial intelligence and other emerging technologies on the Company's business; supply chain disruptions; changes in laws, regulations, and government policies, including tax, trade, data privacy, biometric privacy, environmental, and AI-related regulation; legal proceedings and regulatory inquiries; climate-related risks and the Company's sustainability initiatives; and the other risks and uncertainties described under “Risk Factors” in the Company's most recent Annual Report on Form 10-K, as updated by the Company's subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are accessible on the SEC's website at www.sec.gov. You should not place undue reliance on any forward-looking statement. All forward-looking statements contained in this earnings release speak only as of the date of this earnings release. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise that may arise after the date of this Earnings Release.
| RANK ONE COMPUTING CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS Unaudited | ||||||||||||||||
| Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Sales | $ | 8,004,768 | $ | 5,349,990 | $ | 15,646,391 | $ | 13,492,434 | ||||||||
| Cost of sales | 814,755 | 1,143,475 | 1,884,023 | 2,777,639 | ||||||||||||
| Gross profit | 7,190,013 | 4,206,515 | 13,762,368 | 10,714,795 | ||||||||||||
| Operating expenses: | ||||||||||||||||
| Selling, general and administrative | 3,914,393 | 2,363,822 | 10,174,761 | 6,162,114 | ||||||||||||
| Research and development | 2,677,311 | 1,907,815 | 6,834,845 | 4,811,387 | ||||||||||||
| Total operating expenses | 6,591,704 | 4,271,637 | 17,009,606 | 10,973,501 | ||||||||||||
| Operating (loss) income | 598,309 | (65,122 | ) | (3,247,238 | ) | (258,706 | ) | |||||||||
| Other income (expense) | ||||||||||||||||
| Interest income (expense) | 19,994 | (26,449 | ) | 11,284 | (49,544 | ) | ||||||||||
| Other income (expense) | (3,643 | ) | - | (4,092 | ) | - | ||||||||||
| Total other income (expense), net | 16,351 | (26,449 | ) | 7,192 | (49,544 | ) | ||||||||||
| (Loss) income before tax | 614,660 | (91,571 | ) | (3,240,046 | ) | (308,250 | ) | |||||||||
| Provision for (benefit from) income taxes | — | 661,795 | — | 600,476 | ||||||||||||
| Net (loss) income | $ | 614,660 | $ | (753,366 | ) | $ | (3,240,046 | ) | $ | (908,726 | ) | |||||
| Earnings (loss) per share — basic | $ | 0.03 | $ | (0.05 | ) | $ | (0.18 | ) | $ | (0.06 | ) | |||||
| Earnings (loss) per share — diluted | $ | 0.03 | $ | (0.05 | ) | $ | (0.18 | ) | $ | (0.06 | ) | |||||
| Weighted-average shares — basic | 19,153,870 | 15,021,650 | 18,295,563 | 15,002,111 | ||||||||||||
| Weighted-average shares — diluted | 22,881,629 | 15,021,650 | 18,295,563 | 15,002,111 | ||||||||||||
| RANK ONE COMPUTING CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) | ||||||||
| September 30, 2026 (Unaudited) | December 31, 2025 | |||||||
| Assets | ||||||||
| Current assets: | ||||||||
| Cash | $ | 7,473,292 | $ | 270,560 | ||||
| Accounts receivable, net | 11,098,334 | 4,155,230 | ||||||
| Prepaid expenses and other current assets | 839,125 | 420,785 | ||||||
| Total current assets | 19,410,751 | 4,846,575 | ||||||
| Property and equipment, net | 1,663,635 | 268,569 | ||||||
| Goodwill | 115,124 | — | ||||||
| Intangible assets, net | 688,554 | 5,519 | ||||||
| Operating lease right-of-use asset | 873,106 | 1,088,181 | ||||||
| Capitalized software, net | 2,149,660 | 726,582 | ||||||
| Other assets | 42,326 | 30,195 | ||||||
| Total non-current assets | 5,532,405 | 2,119,046 | ||||||
| Total assets | $ | 24,943,156 | $ | 6,965,621 | ||||
| Liabilities and stockholders' equity (deficit) | ||||||||
| Current liabilities: | ||||||||
| Accounts payable and accrued expenses | $ | 2,087,167 | $ | 2,802,961 | ||||
| Acquisition consideration payable | 385,976 | — | ||||||
| Deferred revenue | 1,847,714 | 1,382,995 | ||||||
| Line of credit | — | 1,839,891 | ||||||
| Current portion of operating lease liabilities | 312,167 | 306,113 | ||||||
| Total current liabilities | 4,633,024 | 6,331,960 | ||||||
| Long-term operating lease liabilities | 679,370 | 912,229 | ||||||
| Deferred tax liability | 13,703 | 13,703 | ||||||
| Other long-term liabilities | 8,879 | — | ||||||
| Total long-term liabilities | 701,952 | 925,932 | ||||||
| Total liabilities | 5,334,976 | 7,257,892 | ||||||
| Commitments and contingencies | ||||||||
| Stockholders’ equity: | ||||||||
| Common stock, par value and 15,021,650 shares issued and outstanding as of September 30, 2026, and December 31, 2025, respectively | 195,608 | 150,217 | ||||||
| Additional paid-in capital | 27,321,562 | 4,226,455 | ||||||
| Accumulated deficit | (7,908,990 | ) | (4,668,943 | ) | ||||
| Total stockholders’ equity (deficit) | 19,608,180 | (292,271 | ) | |||||
| Total liabilities and stockholders’ equity | $ | 24,943,156 | $ | 6,965,621 | ||||
| RANK ONE COMPUTING CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Unaudited | ||||||||
| Nine Months Ended September 30, | ||||||||
| 2026 | 2025 | |||||||
| Cash flows from operating activities: | ||||||||
| Net loss | $ | (3,240,046 | ) | $ | (908,726 | ) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
| Stock-based compensation | 948,286 | 359,913 | ||||||
| Depreciation and amortization | 417,971 | 103,519 | ||||||
| Non-cash lease expense | 263,137 | 203,158 | ||||||
| Foreign currency transaction loss | 3,643 | - | ||||||
| Change in expected credit losses | 42,624 | 160,498 | ||||||
| Changes in assets and liabilities: | ||||||||
| Accounts receivable, net | (6,707,467 | ) | (2,581,285 | ) | ||||
| Prepaid expenses and other current assets | (641,781 | ) | 119,765 | |||||
| Deferred tax asset | — | 787,017 | ||||||
| Other assets | (12,131 | ) | — | |||||
| Deferred revenue | 464,719 | (78,356 | ) | |||||
| Accounts payable and accrued expenses | (724,196 | ) | 876,367 | |||||
| Lease liability | (274,867 | ) | (198,844 | ) | ||||
| Other long term liabilities | 8,879 | — | ||||||
| Net cash used in operating activities | (9,451,229 | ) | (1,156,974 | ) | ||||
| Cash flows from investing activities: | ||||||||
| Purchases of property and equipment | (1,571,867 | ) | — | |||||
| Acquisition of business, net of cash acquired | (90,884 | ) | — | |||||
| Capitalized software | (1,654,283 | ) | (490,761 | ) | ||||
| Net cash used in investing activities | (3,317,034 | ) | (490,761 | ) | ||||
| Cash flows from financing activities: | ||||||||
| Net proceeds from issuance of common stock | 21,709,069 | — | ||||||
| Proceeds from the exercise of stock options | 101,817 | 8,106 | ||||||
| Proceeds from (repayment of) the line of credit, net | (1,839,891 | ) | 985,344 | |||||
| Net cash provided by financing activities | 19,970,995 | 993,450 | ||||||
| Net change in cash | 7,202,732 | (654,285 | ) | |||||
| Cash at beginning of period | 270,560 | 726,436 | ||||||
| Cash at end of period | $ | 7,473,292 | $ | 72,151 | ||||
| Supplemental disclosures: | ||||||||
| Cash paid for interest | $ | 70,848 | $ | 61,321 | ||||
| NONCASH INVESTING AND FINANCING ACTIVITIES: | ||||||||
| Common stock issued as consideration for business acquisition | $ | 608,124 | $ | — | ||||
| Business acquisition consideration payable | $ | 385,976 | $ | — | ||||
| Fair value of warrants issued with initial public offering | $ | 936,042 | $ | — | ||||
| Deferred offering costs reclassified to additional paid-in capital | $ | 226,798 | $ | — | ||||
| RANK ONE COMPUTING CORPORATION DISAGGREGATION OF REVENUE Unaudited | ||||||||||||
| Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||
| ROC SDK | $ | 2,611,483 | $ | 1,721,238 | $ | 5,488,676 | $ | 4,263,378 | ||||
| ROC Watch | 792,386 | 2,521,647 | 1,929,986 | 4,948,879 | ||||||||
| ROC ABIS | 2,159,725 | 286,556 | 2,393,191 | 326,108 | ||||||||
| ROC Enroll | 58,920 | 38,113 | 183,514 | 312,573 | ||||||||
| ROC Evidence | 62,810 | — | 80,310 | — | ||||||||
| Total Product Revenue | 5,685,324 | 4,567,554 | 10,075,677 | 9,850,938 | ||||||||
| R&D Contracts | 2,153,588 | 782,436 | 5,369,439 | 3,641,496 | ||||||||
| Service Contracts | 165,856 | — | 201,275 | — | ||||||||
| Total Revenue | $ | 8,004,768 | $ | 5,349,990 | $ | 15,646,391 | $ | 13,492,434 | ||||
Media inquiries:
Matt Aitken, VP of Marketing
media@roc.ai
Investor inquiries:
CORE IR
ir@roc.ai
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were ROC's third-quarter 2026 revenue and earnings?
ROC reported $8.0 million in revenue, up 50% year over year, and net income of $614,660. Basic and diluted earnings per share were $0.03, compared with a basic and diluted loss per share of $0.05 in the prior-year quarter.
How much is ROC's Department of Justice digital evidence contract worth?
The DOJ ROC Evidence contract has a total potential value of $64.3 million over eight years, including approximately $7.4 million under the initial one-year base period. Initial services delivered under the base-year award contributed revenue in the third quarter of 2026.
Why did ROC Watch revenue fall year over year in third-quarter 2026?
ROC Watch revenue fell following completion of a government mission deployment in fourth-quarter 2025. Third-quarter 2026 revenue was $0.8 million, compared with $2.5 million a year earlier, but increased 219% sequentially from $0.2 million in second-quarter 2026.