Kodiak AI, Inc. (KDK) Income Statement
KDK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKDK revenue and net income
Where KDK's revenue goes
2025Each bar shows an amount and its share of revenue. KDK kept −15,420.7% of revenue as net income.
KDK profit margins
KDK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −74.6% | — | — | — |
| Gross profit | −240.5% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | −1,366.7% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KDK quarterly EPS vs estimates
Kodiak AI beat the analyst EPS estimate in 0 of the last 4 quarters. Next report: November 5, 2026 (estimate $-0.25).
KDK income statement
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $3.8M | $14.9M | $16.9M |
| Cost of revenue | $24.8M | $0 | $0 |
| Gross profit | −$21.0M | $14.9M | $16.9M |
| Research & development | $50.2M | $43.4M | $39.5M |
| Sales, general & admin | $66.3M | $33.2M | $31.3M |
| Total operating expenses | $91.7M | $76.7M | $70.8M |
| Operating income | −$112.6M | −$61.7M | −$53.8M |
| Interest income | — | $895,000 | $2.2M |
| Interest expense | $4.1M | $5.0M | $5.4M |
| Income before taxes | −$585.5M | −$69.5M | −$56.9M |
| Income taxes | $3,000 | $1,000 | $9,000 |
| Net income | −$585.5M | −$69.5M | −$56.9M |
| EBITDA | −$578.2M | −$59.9M | −$47.4M |
| EPS (diluted) | −$5.32 | $0.42 | $0.27 |
| Gross margin | −552.4% | 100.0% | 100.0% |
| Operating margin | −2,966.2% | −413.3% | −317.8% |
| Net margin | −15,420.7% | −465.1% | −336.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5M | $1.8M | $1.1M | $770,000 | $503,000 | $1.5M | $7.1M | $7.1M | $405,000 | $422,000 | $0 |
| Cost of revenue | $10.6M | $8.3M | $8.7M | $900,000 | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Gross profit | −$7.2M | −$6.5M | −$7.6M | −$130,000 | $503,000 | $1.5M | $7.1M | $7.1M | $405,000 | $422,000 | — |
| Research & development | $22.7M | $17.6M | $14.4M | $13.5M | $12.2M | $10.1M | $12.3M | $12.3M | $9.5M | $9.3M | — |
| Sales, general & admin | $12.4M | $22.1M | $25.4M | $17.3M | $8.2M | $9.9M | $5.9M | $5.9M | $7.9M | $8.1M | — |
| Total operating expenses | $36.5M | $31.4M | $31.1M | $29.8M | $25.9M | $20.1M | $20.9M | $20.9M | $17.4M | $17.5M | $431,376 |
| Operating income | −$43.7M | −$37.9M | −$38.7M | −$30.0M | −$25.3M | −$18.6M | −$13.8M | −$13.8M | −$17.0M | −$17.0M | −$431,376 |
| Interest income | — | $1.0M | — | — | $294,000 | $169,000 | $300,000 | $176,000 | $133,000 | $286,000 | — |
| Interest expense | $909,000 | $896,000 | $731,000 | $941,000 | $1.2M | $1.3M | $1.2M | $1.2M | $1.2M | $1.3M | — |
| Income before taxes | $12.5M | $26.5M | −$73.7M | −$269.9M | −$113.7M | −$128.2M | −$16.7M | −$16.7M | −$18.0M | −$18.0M | $6.9M |
| Income taxes | $14,000 | −$4,000 | −$1,000 | — | $3,000 | $1,000 | −$1,500 | −$1,500 | $2,000 | $2,000 | — |
| Net income | $12.5M | $26.5M | −$73.7M | −$269.9M | −$113.7M | −$128.2M | −$16.7M | −$16.7M | −$18.0M | −$18.0M | $6.9M |
| EBITDA | −$42.0M | $28.8M | −$71.8M | −$268.1M | −$111.8M | −$126.4M | −$15.7M | −$14.4M | −$15.5M | −$15.4M | $6.9M |
| EPS (diluted) | −$0.80 | −$0.21 | −$0.22 | −$3.89 | −$1.26 | $0.05 | $0.10 | $0.11 | $0.11 | $0.10 | $0.11 |
| Gross margin | −204.3% | −353.8% | −723.3% | −16.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | — |
| Operating margin | −1,248.3% | −2,068.4% | −3,676.2% | −3,892.1% | −5,039.2% | −1,264.4% | −196.1% | −196.1% | −4,199.5% | −4,038.6% | — |
| Net margin | 356.6% | 1,447.5% | −6,997.1% | −35,056.5% | −22,609.5% | −8,714.1% | −237.5% | −237.5% | −4,435.8% | −4,264.9% | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KDK's financial statements (latest annual report filed March 11, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KDK financial results
In fiscal year 2025 (ended December 31, 2025), Kodiak AI reported revenue of $3.8 million, down 74.6% from the year before. It had a net loss of $585.5 million, a net profit margin of −15,420.7%. Diluted earnings per share came to −$5.32.
See the KDK stock overview for the latest quote and news, or the KDK chart for price history and technical indicators.
KDK income statement FAQ
What is Kodiak AI's annual revenue?
Kodiak AI reported total revenue of $3.8 million for fiscal year 2025, which ended on December 31, 2025. That was down 74.6% from $14.9 million the previous year.
Is Kodiak AI profitable?
No. Kodiak AI reported a net loss of $585.5 million in fiscal 2025, a net profit margin of −15,420.7%; its operating margin was −2,966.2%.
What is Kodiak AI's gross margin?
Kodiak AI's gross margin was −552.4% in fiscal 2025: for every $100 of revenue, Kodiak AI kept $-552 after the direct cost of its products and services.
How much does Kodiak AI spend on research and development?
Kodiak AI spent $50.2 million on research and development in fiscal 2025, 1,321.0% of revenue.
What are Kodiak AI's earnings per share?
Kodiak AI earned $-5.32 per diluted share in fiscal 2025, compared with $0.42 a year earlier.
When will Kodiak AI report its next earnings?
Kodiak AI is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does Kodiak AI's fiscal year end?
Kodiak AI's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 11, 2026.