SEC 8-K filings with transcript text
Aug 14, 2026
2 roc-ex99_1.htm 99.1
Exhibit 99.1
ROC Reports Second-Quarter 2026 Revenue Doubled Sequentially; Steady Government Contract Activity Delivers 41% YoY R&D Revenue Growth
Revenue reached $5.1 million; Gross margin improved to 90% from 80% in the prior year
Broad Vision AI platform traction drove strong growth in ROC SDK, ROC ABIS, and ROC Enroll
ROC Evidence achieves milestone upon 2Q26 commercialization, generated first revenue ahead of plan
DENVER, CO, August 13, 2026 - 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 decision intelligence solutions, today announces financial results for the second quarter ended June 30, 2026.
“In 2Q, ROC’s revenue nearly doubled sequentially to $5.1 million, gross margin expanded to 90%, and government R&D revenue increased 41% year over year,” said B. Scott Swann, ROC’s Chief Executive Officer. “These results demonstrate measurable progress in our contract revenue due to improving government program activity and broader commercialization across our Vision AI platform. ROC SDK, ROC ABIS, and ROC Enroll each delivered significant revenue growth, while ROC Evidence generated its first commercial revenue ahead of plan.”
“Importantly, in the first quarter, we indicated our outlook on government procurement activity was beginning to improve. Consistent with the outlook, ROC’s government contracting activity and revenue demonstrated this improvement. This increase in contract revenue gives us greater confidence in an anticipated revenue ramp during the second half of 2026. Our long-term strategy remains unchanged, with a focus on converting this activity into larger, longer-duration programs while expanding commercial adoption across our product portfolio,” concluded Mr. Swann.
Second Quarter 2026 and Recent Business Updates
• Awarded a $4.9 million follow-on R&D contract with a U.S. Department of War (DoW) agency to advance Vision AI capabilities in support of augmented warfighter operations
• ROC Evidence generated its first commercial revenue through an early-adopter deployment with the U.S. Drug Enforcement Administration (DEA), previously announced in first quarter 2026, achieving this commercial milestone ahead of plan
• Converted ROC ABIS’s first two pilot customers, announced in the first quarter of 2026, into long-term commercial deployments, demonstrating successful progression from evaluation to adoption
• Continued to expand the ROC Watch customer base and maintained the relationship with the government agency associated with the deployment in the prior-year period
• ROC SDK growth supported by new and expanded customer deployments
• ROC Enroll program expansion with MTN in South Africa across regional footprint
Second Quarter 2026 Corporate Highlights and Subsequent Events
• Entered into a definitive agreement to acquire Zuccaro Technical Consulting LLC (ZTC), adding digital forensics capabilities designed to accelerate the commercial expansion of ROC Evidence. Closing is expected to occur during the third quarter of 2026, subject to customary closing conditions
• Received Developmental Testing and Evaluation Designation (DT&E) for ROC Watch under the U.S. Department of Homeland Security SAFETY Act, providing certain federal liability protections for ROC and customer organizations that deploy the platform
• Achieved leading global rankings in National Institute of Standards and Technology (NIST) benchmarks for fastest search speed and identification accuracy in the NIST ELFT latent fingerprint evaluation and across multiple NIST FRIF fingerprint search benchmarks, further validation of ROC’s American-made technology for large-scale ABIS applications
• Appointed Dr. Kathleen Kiernan, former federal law-enforcement and national-security executive, to the Company’s Board of Directors
• Formed an official Homeland Security and Intelligence division led by first Senior Advisor Steven L. McQueen, former FBI Threat Screening Center Director
• Named “Facial Recognition System of the Year” in the 2026 AI Breakthrough Awards
Second Quarter 2026 Financial Results (as compared to Second Quarter 2025)
Revenue of $5.1 million increased approximately $0.1 million, or 2% for the three months ended June 30, 2026, compared to $5.0 million for the three months ended June 30, 2025. The increase reflected higher R&D contract revenue due to an increased pace in government funding activity in the second quarter of 2026, which more than offset lower product revenue related to the completion of a mission-focused ROC Watch deployment.
On a sequential basis, second-quarter revenue increased approximately 100% from $2.5 million, in the first quarter of 2026. The sequential increase in revenue was largely driven by an expanded government program, totaling $4.9 million, which was previously delayed due to the slowdown in government funding activi
May 15, 2026
2 ea029071501ex99-1.htm
Exhibit 99.1
ROC Reports First Quarter 2026 Financial Results, Product Momentum Continues Across Vision AI Platform
ROC Watch and ROC ABIS revenue increased 77% and 255%, respectively, while IPO proceeds strengthened balance sheet to support scaled deployments, commercial execution and long-duration revenue opportunities
DENVER, CO, May 14, 2026 - 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 decision intelligence solutions, today announced financial results for the first quarter ended March 31, 2026.
“The first quarter was the beginning of an important transition period for ROC as we debuted on the Nasdaq market. This milestone significantly expanded our reach and awareness while strengthening our balance sheet as we continued to advance product adoption across our Vision AI platform,” said B. Scott Swann, CEO of ROC. “Although year-over-year total revenue was ultimately impacted by reduced first-quarter R&D contract activity resulting from the lingering federal funding lapses of the late-2025 government shutdown, we continued to see strong momentum in key product areas, including 77% year-over-year growth in ROC Watch and 255% year-over-year growth in ROC ABIS.”
“Our focus is clear: convert product traction into larger, longer-duration program deployments across government, public safety and commercial markets. ROC’s identity and intelligence solutions are built for mission-critical environments where accuracy, speed, security and trust matter. We are a U.S.-built, owned, and operated provider of precision identity technology and intelligence solutions that support more than 300 million annual identity verification transactions. With the capital from our recent Nasdaq listing, we are focusing on disciplined investments in product and business development, deployment capacity and operating infrastructure to support the execution and scaling of larger, longer-duration opportunities across identity, security and intelligence markets. We believe ROC is well positioned as demand increases for American-built Vision AI capable of delivering accurate, explainable and operational intelligence at scale,” concluded Mr. Swann.
First Quarter Highlights and Subsequent Events
●Entered the physical access control market with ROC Access and its first hardware device, ROC Access Face1, a biometric reader that combines ROC’s Vision AI biometric identity verification with real-time security intelligence
●ROC Access Face1 awarded “Best in Biometrics” in the New Products and Solutions category at ISC West 2026
●Achieved top-tier rankings in NIST benchmarks reinforcing ROC’s position as a high-accuracy and computationally efficient provider of biometric and Vision AI solutions
●Completed initial public offering (IPO), generating net proceeds of approximately $21.5 million, and commenced trading on the Nasdaq Capital Market under the ticker symbol “ROC”
●Awarded approximately $662K in February 2026 as a ROC Watch contract expansion supporting new use cases within the U.S. Department of War (DoW)
●Expanded an existing mission-critical program with the U.S. DoW with an additional $924K contract in March 2026 for AI-based target detection and recognition
●Launched first ROC ABIS next-generation face forensics capabilities pilots in March 2026
●Deployed ROC Watch at a U.S. university in March 2026, indicating growing traction in the school security market
●First deployment of ROC Evidence for the U.S. Drug Enforcement Administration (DEA) in April 2026, supporting the agency’s digital evidence management requirements
●Appointed proven biometric identity leader Gary Lac as Executive Vice President of Sales and Marketing, focused on expanding ROC’s commercial footprint across Automated Biometric Identification Systems (ABIS) and broader biometric identity markets
First Quarter 2026 Results (as compared to First Quarter 2025)
Revenue for the first quarter of 2026 was $2.5 million, compared to $3.2 million in the first quarter of 2025, a decrease of $0.61 million, or 20%. The decline was primarily attributable to public-sector procurement timing and lower government R&D contract revenue due to the late Q4 2025 government shutdown.
Product revenue was $2.3 million, compared to $2.4 million in the prior-year period. The decline was attributable to lower revenue from ROC SDK, driven in part by contract delays due to U.S. government shutdown in late 2025, as well as decreased revenue from ROC Enroll. ROC Watch revenue increased 77% year-over-year, reflecting continued customer adoption and expansion of active deployments. ROC ABIS revenue increased 255% year-over-year as commercialization initiatives launched in the quarter generated favorable early adoption and pilot deployment activity.
Government
This page provides Rank One Computing Corporation Common stock (ROC) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on ROC's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.