Kodiak AI Reports Third Quarter 2026 Results, Secures Landmark Unsupervised Autonomous Trucking Agreement as Company Nears Long-Haul Launch
Key Highlights
- ➤DTL Transport agreement covers 75 customer-owned, operated unsupervised autonomous trucks
- ➤Autonomy Readiness Measure reached 99%, targeting year-end unsupervised autonomous long-haul launch
- ➤Revenue grew 286% year-over-year, driven primarily by Driver-as-a-Service operations
- ➤Atlas Energy Solutions fleet reached 37 customer-owned unsupervised autonomous trucks
- ➤IKEA Supply named first long-haul launch partner for Dallas-to-Houston freight service
- ➤International LT selected as Kodiak’s third OEM platform, targeting deployments in second half of 2027
Expert Statements
Don Burnette, Founder and Chief Executive Officer of Kodiak
“We are approaching a defining moment for Kodiak as we advance toward our targeted year-end unsupervised autonomous long-haul launch, with our Autonomy Readiness Measure now at 99%.”
Don Burnette, Founder and Chief Executive Officer of Kodiak
“Our landmark binding agreement with DTL Transport to deploy the Kodiak Driver in 75 customer-owned and operated unsupervised autonomous trucks represents a significant commercial commitment to our Driver-as-a-Service model and demonstrates growing customer confidence in Kodiak's technology and commercial capabilities.”
Don Burnette, Founder and Chief Executive Officer of Kodiak
“With years of real-world commercial operating experience behind us, we're building toward the next phase of growth: more trucks, more miles, and more customer contracts.”
Surajit Datta, Chief Financial Officer of Kodiak
“Our third quarter results reflect continued commercial progress as we build a more predictable, recurring revenue business.”
Surajit Datta, Chief Financial Officer of Kodiak
“Revenue grew 286% year-over-year, driven primarily by expanding Driver-as-a-Service operations and a one-time Defense contribution, while free cash flow performance exceeded our guidance expectations.”
Surajit Datta, Chief Financial Officer of Kodiak
“As we prepare for the next phase of commercial growth, our priorities remain clear: grow recurring revenue, reduce the cost of the Kodiak Driver, and improve operating leverage as deployments scale.”
* Secured a binding definitive agreement with DTL Transport for 75 customer-owned and operated unsupervised autonomous trucks, marking a major commercial milestone for Kodiak's Driver-as-a-Service model. * Advanced our Autonomy Readiness Measure to 99%, nearing our targeted year-end unsupervised autonomous long-haul launch. * Delivered the first Kodiak-powered Western Star 49X trucks to Atlas Energy Solutions, bringing Atlas's fleet of customer-owned autonomous trucks to 37. * Selected International LT as Kodiak's third OEM platform, with unsupervised autonomous deployments targeted for the second half of 2027. * Named IKEA Supply as our first long-haul launch partner for unsupervised autonomous operations, advancing plans for regular commercial freight service. MOUNTAIN VIEW, Calif., Nov. 05, 2026 (GLOBE NEWSWIRE) -- Kodiak AI, Inc. (Nasdaq: KDK), a leading provider of Physical AI-powered autonomous vehicle technology, today announced results for the third quarter ended September 30, 2026.
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