Earnings summaries and quarterly performance for Kodiak AI.
Research analysts covering Kodiak AI.
Recent press releases and 8-K filings for KDK.
Kodiak AI, Inc. secures $30.0 million senior secured term loan
KDK
Debt Issuance
New Projects/Investments
- On December 31, 2025, Kodiak AI, Inc. and its subsidiary, Kodiak Robotics, Inc., entered into a venture loan and security agreement with Horizon Technology Finance Corporation.
- The agreement provides a senior secured term loan facility of up to $30.0 million, with the full $30.0 million borrowed on the closing date.
- The proceeds will be used to repay existing indebtedness and for working capital and general corporate purposes.
- The Term Loans accrue interest at the prime rate plus 3.50%, with a prime rate floor of 6.50% (resulting in a minimum effective interest rate of 10.00%), and will mature on January 1, 2030.
- Repayment includes monthly interest-only payments from February 1, 2026, until July 1, 2028, followed by 18 equal monthly payments of principal and accrued interest starting August 1, 2028. A commitment fee of $300,000 was paid, and a final payment of $1.2 million is due upon full repayment.
Dec 31, 2025, 9:54 PM
Kodiak Reports Strong Q3 2025 Operational Growth and Revenue Increase
KDK
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Kodiak reported significant operational growth in Q3 2025, with customer-owned driverless trucks increasing by 100% quarter-over-quarter to 10, hours of paid driverless operations growing by 166% to 5,200, and loads delivered increasing by 21% to 10,000.
- The company achieved 53% quarter-over-quarter revenue growth, primarily driven by increased recurring Driver-as-a-Service (DaaS) revenue.
- Kodiak is operating the largest autonomous freight network in the U.S. with 23,000 miles of autonomous lanes and has an initial contracted commitment for 100 trucks under its DaaS model.
- As of September 30, 2025, Kodiak held $146,203 thousand in cash and cash equivalents.
- For the nine months ended September 30, 2025, the company reported a net loss of $(511,846) thousand and net cash used in operating activities of $(70,216) thousand.
Nov 12, 2025, 10:00 PM
Kodiak AI Announces Third Quarter 2025 Results and Operational Milestones
KDK
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- Kodiak AI announced its third quarter 2025 results, reporting revenues of $770 thousand and a net loss of $(269,935) thousand for the three months ended September 30, 2025.
- The company deployed 10 fully driverless trucks, representing a 100% increase from Q2, and accumulated over 5,200 Cumulative Hours of Paid Driverless Operations through Q3, a 166% increase from the end of Q2.
- Kodiak AI successfully closed its business combination with Ares Acquisition Corporation II and began trading on Nasdaq under the ticker symbol "KDK" in September 2025.
- As of the end of the third quarter, Kodiak AI held $146.2 million in cash and cash equivalents.
Nov 12, 2025, 9:19 PM
Quarterly earnings call transcripts for Kodiak AI.
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