Cyngn Inc.CYNEarnings & Financial Report
Cyngn Inc. is a technology firm specializing in AI-powered autonomous driving solutions for industrial use cases. It develops self-driving software and hardware integration tools for industrial vehicles including forklifts and pallet trucks, serving manufacturing, warehousing, and logistics customers across North America to improve operational efficiency and worksite safety.
Revenue
$306.4K
Gross Profit
$56.6K
Operating Profit
$-5.5M
Net Profit
$-16.1M
Gross Margin
18.5%
Operating Margin
-1808.7%
Net Margin
-5261.2%
YoY Growth
659.2%
EPS
$-1079.39
Cyngn Inc. Q4 FY2024 Financial Summary
Cyngn Inc. reported revenue of $306.4K (up 659.2% YoY) for Q4 FY2024, with a net profit of $-16.1M (down 200.9% YoY) (-5261.2% margin). Cost of goods sold was $249.8K, operating expenses totaled $5.6M.
Key Financial Metrics
| Total Revenue | $306.4K |
|---|---|
| Net Profit | $-16.1M |
| Gross Margin | 18.5% |
| Operating Margin | -1808.7% |
| Report Period | Q4 FY2024 |
Cyngn Inc. Annual Revenue by Year
Cyngn Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $219.0K).
| Year | Annual Revenue |
|---|---|
| 2025 | $219.0K |
| 2024 | $368.1K |
| 2023 | $1.5M |
Cyngn Inc. Quarterly Revenue & Net Profit History
Cyngn Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $68.1K | -77.8% | N/A | N/A |
| Q3 FY2025 | $70.0K | +47.1% | $-8.4M | -12059.9% |
| Q2 FY2025 | $33.7K | +289.2% | $-5.4M | -16154.6% |
| Q1 FY2025 | $47.2K | +755.3% | $-7.6M | -16102.9% |
| Q4 FY2024 | $306.4K | +659.2% | $-16.1M | -5261.2% |
| Q3 FY2024 | $47.6K | +88.8% | $-5.4M | -11405.9% |
| Q2 FY2024 | $8.7K | -98.4% | $-5.8M | -67154.7% |
| Q1 FY2024 | $5.5K | -99.4% | $-6.0M | -108290.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5513 | $8665 | $47584 | $306376 | $47152 | $33726 | $69973 | $68125 |
| YoY Growth | -99.4% | -98.4% | 88.8% | 659.2% | 755.3% | 289.2% | 47.1% | -77.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $9.8M | $11.9M | $8.5M | $30.1M | $24.3M | $56.2M | $49.3M | $50.1M |
| Liabilities | $1.8M | $2.2M | $1.8M | $31.1M | $2.2M | $9.4M | $10.6M | $11.3M |
| Equity | $8.0M | $9.7M | $6.6M | $-1.0M | $22.1M | $46.8M | $38.7M | $38.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-5.8M | $-4.4M | $-5.3M | $-3.6M | $-6.5M | $-6.3M | $-4.1M | $-23.6M |