Kodiak AI, Inc.
KDK, KDKRW · Services-Computer Integrated Systems Design · 183.9M shares · EDGAR filings ↗
Grade
D42Autonomous-trucking developer with deep losses and heavy cash burn, funded.
Strengths
- Strong liquidity — current ratio 4.7 (88th)
Risks
- Deep losses — operating margin -30%, net margin -154%
- Heavy cash burn, revenue decline — FCF -$116M (17th), revenue -75%
- Unproven commercialization — per 10-K
Notable findings
- Negative equityNegative book equity (debt/equity -0.11)
- Net lossNet loss (net margin -15420.7%)
- Cash burnNegative free cash flow (-116.5M)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, FMR LLC
- Notable holderHeld by 4 notable fund(s): ARK Investment Management LLC, CITADEL ADVISORS LLC, STATE STREET CORP +1 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
-2966.2%
Net margin
-15420.7%
Return on equity
206.9%
Return on assets
-367.3%
Revenue growth (QoQ)
73.8%
Debt / equity
-0.1×
Current ratio
4.7×
Free cash flow
-$116M
EBITDA
-$109M
Tangible book value
-$283M
Cash & investments
$121M
Cash runway
4q
Stock comp / revenue
502.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-12 | Sverchek Kristin | Grant | 32K | — |
| 2026-06-12 | Elshenawy Mohamed | Grant | 32K | — |
| 2026-06-12 | Reed James D | Grant | 32K | — |
| 2026-06-12 | GOLDMAN KENNETH A | Grant | 32K | — |
| 2026-06-12 | TOBIN SCOTT R | Grant | 32K | — |
| 2026-05-08 | AAC II Holdings II LP | Grant | 769K | — |
| 2025-12-30 | Major Zsuzsanna | Option exercise | 10K | $0.51 |
| 2025-09-24 | TOBIN SCOTT R | Grant | 216K | — |
| 2025-09-24 | TOBIN SCOTT R | Grant | 11.1M | — |
| 2025-09-24 | Burnette Donald L. | Grant | 1.4M | — |
| 2025-09-24 | Coleman Jordan S. | Grant | 4.5K | — |
| 2025-09-24 | Satin Allyson | Grant | 59K | — |
| 2025-09-24 | Wendel Andreas | Grant | 4.3M | — |
| 2025-09-24 | Wiesinger Michael | Grant | 179K | — |
| 2025-09-24 | Burnette Donald L. | Grant | 25.9M | — |
| 2025-09-23 | Ares Acquisition Holdings II LP | Option exercise | 12.5M | — |
| 2025-04-22 | Ares Acquisition Holdings II LP | Conversion | 12.5M | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-15 | Shareholder voteExhibits | filing ↗ |
| 2026-05-07 | Material agreementResults3.02Exhibits | filing ↗ |
| 2026-03-10 | ResultsExhibits | filing ↗ |
| 2025-12-31 | Material agreement1.02Debt obligationExhibits | filing ↗ |
| 2025-11-13 | Exhibits | filing ↗ |
| 2025-11-12 | ResultsExhibits | filing ↗ |
| 2025-10-21 | 3.03Exhibits | filing ↗ |
| 2025-10-10 | Exhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-15 | 2026-06-11 | 0001628280-26-043159 ↗ |
| 10-Q | 2026-05-08 | 2026-03-31 | 0001628280-26-032862 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001628280-26-032092 ↗ |
| 10-K | 2026-03-11 | 2025-12-31 | 0001628280-26-016910 ↗ |
| 8-K | 2026-03-10 | 2026-03-10 | 0001628280-26-016456 ↗ |
| 8-K | 2025-12-31 | 2025-12-31 | 0001853138-25-000022 ↗ |
| 10-Q | 2025-11-13 | 2025-09-30 | 0001853138-25-000018 ↗ |
| 8-K/A | 2025-11-13 | 2025-09-24 | 0001193125-25-280453 ↗ |
| 8-K | 2025-11-12 | 2025-11-12 | 0001853138-25-000015 ↗ |
| 8-K | 2025-10-21 | 2025-10-20 | 0001193125-25-245200 ↗ |
| 8-K/A | 2025-10-10 | 2025-09-24 | 0001193125-25-237172 ↗ |
| 8-K | 2025-09-30 | 2025-09-24 | 0001193125-25-225299 ↗ |