Cyngn Q3 Revenue Rises to $156,000 on Autonomous Vehicle Subscriptions

Nov 12, 2026
Autonomous industrial vehicle maker Cyngn reported Q3 revenue of $156,495, up from $69,973 a year earlier, and a follow-on order from a Fortune 100 manufacturer.

Cyngn, which makes autonomous driving software for industrial vehicles, reported third-quarter revenue of $156,495, up from $69,973 a year earlier, the company said in a press release. The revenue came from software subscriptions on deployments of its DriveMod tugger.

During the quarter Cyngn received a follow-on order from an existing Fortune 100 heavy equipment manufacturer, extending its autonomous material handling to another assembly-line application. The company also completed ISO 27001 certification and a SOC 2 Type II examination, and says it uses AI-assisted tools across engineering and operations.

Net loss for the first nine months was $18.8 million. Cyngn ended the quarter with $34.9 million in cash and short-term investments and no debt.

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