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Side-by-side financial comparison of Knightscope, Inc. (KSCP) and MESABI TRUST (MSB). Click either name above to swap in a different company.

MESABI TRUST is the larger business by last-quarter revenue ($3.6M vs $2.5M, roughly 1.4× Knightscope, Inc.). MESABI TRUST runs the higher net margin — 77.1% vs -435.4%, a 512.5% gap on every dollar of revenue. On growth, Knightscope, Inc. posted the faster year-over-year revenue change (-9.8% vs -95.5%). Over the past eight quarters, Knightscope, Inc.'s revenue compounded faster (6.1% CAGR vs -24.1%).

Knightscope, Inc. is an American security camera and robotics company headquartered in Mountain View, California. Knightscope designs, builds and deploys robots called Autonomous Data Robots (ADRs) for use in monitoring people in malls, parking lots, neighborhoods and other public areas. Knightscope robots are fully autonomous using self-driving technology and are designed to alert police and security of incidents through sensors that detect weapons, read license plates and detect other suspi...

Mesabi Trust is a United States-based royalty trust that holds permanent royalty interests in iron ore mining properties located in Minnesota's Mesabi Range. It earns revenue primarily from royalty payments tied to the production and sale of iron ore products, with core earnings sourced from active mining partners operating on the land it holds interests in, catering to the global steel manufacturing market.

KSCP vs MSB — Head-to-Head

Bigger by revenue
MSB
MSB
1.4× larger
MSB
$3.6M
$2.5M
KSCP
Growing faster (revenue YoY)
KSCP
KSCP
+85.7% gap
KSCP
-9.8%
-95.5%
MSB
Higher net margin
MSB
MSB
512.5% more per $
MSB
77.1%
-435.4%
KSCP
Faster 2-yr revenue CAGR
KSCP
KSCP
Annualised
KSCP
6.1%
-24.1%
MSB

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
KSCP
KSCP
MSB
MSB
Revenue
$2.5M
$3.6M
Net Profit
$-11.1M
$2.8M
Gross Margin
-63.8%
77.1%
Operating Margin
-444.7%
Net Margin
-435.4%
77.1%
Revenue YoY
-9.8%
-95.5%
Net Profit YoY
-58.6%
-96.5%
EPS (diluted)
$-0.84

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KSCP
KSCP
MSB
MSB
Q4 25
$2.5M
$3.6M
Q3 25
$3.1M
$5.6M
Q2 25
$2.7M
$4.7M
Q1 25
$2.9M
$6.9M
Q4 24
$2.8M
$79.0M
Q3 24
$2.5M
$6.5M
Q2 24
$3.2M
$6.3M
Q1 24
$2.3M
$6.2M
Net Profit
KSCP
KSCP
MSB
MSB
Q4 25
$-11.1M
$2.8M
Q3 25
$-9.5M
$4.7M
Q2 25
$-6.3M
$3.6M
Q1 25
$-6.9M
$6.1M
Q4 24
$-7.0M
$78.3M
Q3 24
$-10.9M
$5.4M
Q2 24
$-6.3M
$3.5M
Q1 24
$-7.6M
$4.7M
Gross Margin
KSCP
KSCP
MSB
MSB
Q4 25
-63.8%
77.1%
Q3 25
-50.1%
84.6%
Q2 25
-33.4%
76.7%
Q1 25
-22.9%
88.5%
Q4 24
-42.3%
99.1%
Q3 24
-20.0%
83.2%
Q2 24
-17.4%
55.7%
Q1 24
-64.1%
75.3%
Operating Margin
KSCP
KSCP
MSB
MSB
Q4 25
-444.7%
Q3 25
-303.7%
Q2 25
-228.0%
Q1 25
-234.1%
Q4 24
-245.1%
Q3 24
-305.4%
Q2 24
-211.1%
Q1 24
-367.3%
Net Margin
KSCP
KSCP
MSB
MSB
Q4 25
-435.4%
77.1%
Q3 25
-304.7%
84.6%
Q2 25
-230.2%
76.7%
Q1 25
-236.4%
88.5%
Q4 24
-247.7%
99.1%
Q3 24
-430.1%
83.2%
Q2 24
-195.8%
55.7%
Q1 24
-336.8%
75.3%
EPS (diluted)
KSCP
KSCP
MSB
MSB
Q4 25
$-0.84
Q3 25
$-0.98
Q2 25
$-0.90
Q1 25
$-1.28
Q4 24
$-0.72
Q3 24
$-3.58
Q2 24
$-2.68
Q1 24
$-3.99

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KSCP
KSCP
MSB
MSB
Cash + ST InvestmentsLiquidity on hand
$20.6M
Total DebtLower is stronger
$4.0M
Stockholders' EquityBook value
$27.8M
$21.1M
Total Assets
$41.3M
$26.0M
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KSCP
KSCP
MSB
MSB
Q4 25
$20.6M
Q3 25
$20.4M
Q2 25
$8.2M
Q1 25
$12.7M
Q4 24
$11.1M
Q3 24
$5.2M
Q2 24
$2.6M
Q1 24
$2.5M
Total Debt
KSCP
KSCP
MSB
MSB
Q4 25
$4.0M
Q3 25
$4.0M
Q2 25
$4.0M
Q1 25
$4.0M
Q4 24
$4.0M
Q3 24
$3.9M
Q2 24
Q1 24
Stockholders' Equity
KSCP
KSCP
MSB
MSB
Q4 25
$27.8M
$21.1M
Q3 25
$26.9M
$22.8M
Q2 25
$15.1M
$19.6M
Q1 25
$18.2M
$23.3M
Q4 24
$15.8M
$95.3M
Q3 24
$9.3M
$22.1M
Q2 24
$11.2M
$20.7M
Q1 24
$-26.6M
$21.0M
Total Assets
KSCP
KSCP
MSB
MSB
Q4 25
$41.3M
$26.0M
Q3 25
$41.1M
$24.8M
Q2 25
$29.2M
$27.4M
Q1 25
$29.8M
$101.7M
Q4 24
$28.2M
$100.7M
Q3 24
$24.9M
$26.2M
Q2 24
$24.6M
$25.1M
Q1 24
$24.0M
$26.7M
Debt / Equity
KSCP
KSCP
MSB
MSB
Q4 25
0.14×
Q3 25
0.15×
Q2 25
0.26×
Q1 25
0.22×
Q4 24
0.25×
Q3 24
0.42×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KSCP
KSCP
MSB
MSB
Operating Cash FlowLast quarter
$-10.6M
$3.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KSCP
KSCP
MSB
MSB
Q4 25
$-10.6M
$3.5M
Q3 25
$-7.9M
$4.4M
Q2 25
$-5.5M
$2.1M
Q1 25
$-6.4M
$93.9M
Q4 24
$-5.1M
$78.2M
Q3 24
$-4.7M
$3.8M
Q2 24
$-4.0M
$2.5M
Q1 24
$-8.6M
$14.6M
Free Cash Flow
KSCP
KSCP
MSB
MSB
Q4 25
Q3 25
$-8.1M
Q2 25
Q1 25
Q4 24
Q3 24
$-4.7M
Q2 24
Q1 24
FCF Margin
KSCP
KSCP
MSB
MSB
Q4 25
Q3 25
-258.7%
Q2 25
Q1 25
Q4 24
Q3 24
-187.1%
Q2 24
Q1 24
Capex Intensity
KSCP
KSCP
MSB
MSB
Q4 25
Q3 25
7.4%
Q2 25
Q1 25
Q4 24
Q3 24
0.3%
Q2 24
Q1 24
Cash Conversion
KSCP
KSCP
MSB
MSB
Q4 25
1.27×
Q3 25
0.92×
Q2 25
0.57×
Q1 25
15.48×
Q4 24
1.00×
Q3 24
0.71×
Q2 24
0.72×
Q1 24
3.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KSCP
KSCP

Emergency Communication Devices$1.5M60%
Other$1.0M40%

MSB
MSB

Segment breakdown not available.

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