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Kodiak AI's Q3 Revenue Climbs 285.7% to $2.97 Million

Its GAAP loss was 9 cents per share, 16 cents better than estimates. Net income included a $78.2 million gain from changes in the fair value of common stock.

Blank report sheet beside ascending brass blocks on a plum plinth / TokenPost.ai
Blank report sheet beside ascending brass blocks on a plum plinth / TokenPost.ai

Kodiak AI Inc. (KDK) generated $2.97 million in third-quarter revenue, a 285.7% increase from a year earlier that came in $500,000 above estimates.

The company’s GAAP loss was 9 cents per share, 16 cents better than estimates.

Kodiak recorded $27.4 million in net income, compared with a $269.9 million net loss in the year-earlier quarter. The current-quarter result included a $78.2 million gain tied to changes in the fair value of common stock.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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