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Autonomous vehicle firm Cyngn's Q3 revenue rises, net loss widens
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Autonomous vehicle firm Cyngn's Q3 revenue rises, net loss widens
Nov 18, 2025 6:01 PM

(Corrects loss figures in Q3 Net Income and Q3 EPS of Key Details table)

Overview

* Cyngn ( CYN ) Q3 revenue increased to $70k from $47.6k in 2024, driven by EAS subscriptions

* Net loss for Q3 2025 was $8.4 mln, compared to $5.4 mln in Q3 2024

* Company secured funding extending cash runway through 2027, reinforcing balance-sheet stability

Outlook

* Cyngn ( CYN ) extends financial runway through 2027 to support scaling operations

* Company focuses on scaling deployments and converting commercial momentum into value

Result Drivers

* SALES EXPANSION - Cyngn ( CYN ) expanded its sales organization to the largest in its history, indicating a shift towards a more commercial growth phase

* DEPLOYMENT PROGRESS - Deployment of DriveMod Tugger at G&J Pepsi and Coats marks significant industrial implementations

* TECHNOLOGY AND COMPLIANCE - Secured 23rd U.S. patent and engaged in cybersecurity initiatives to meet enterprise requirements

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 EPS -$1.2

Q3 Net -$8.4

Income mln

Q3 Cash $34.90

& mln

Investme

nts

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* The average consensus recommendation for the software peer group is "buy"

* Wall Street's median 12-month price target for CYNGN Inc ( CYN ) is $12.00, about 71.2% above its November 17 closing price of $3.46

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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