(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:
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(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.)