Revenue generation remains minimal, with the company reporting a quarterly net margin of -426.8% in 2026Q1, highlighting a severe disconnect between high SG&A expenses of $4.3M and actual commercial output.
| Sales/Revenue | 128.18K | 113.25K | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - |
| Cost of Goods Sold | 56.21K | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - | - | - |
| Gross Profit | 71.96K | 113.25K | 0 | 0 | 0 | 0 |
| Gross Margin % | 56.14% | 100% | - | - | - | - |
| Gross Profit Growth % | - | - | - | - | - | - |
| Operating Expenses | 13.07M | 10.37M | 4.57M | 5.49M | 2.37M | 1.53M |
| OpEx % of Revenue | - | 9153.87% | - | - | - | - |
| Selling, General & Admin | 12.28M | 9.87M | 3.81M | 5.2M | 2.15M | 1.49M |
| SG&A % of Revenue | - | 8711.12% | - | - | - | - |
| Research & Development | 866.32K | 600.51K | 760.04K | 214.49K | 177.87K | 0 |
| R&D % of Revenue | - | 530.25% | - | - | - | - |
| Other Operating Expenses | -76.76K | -99.1K | 0 | 83.25K | 41.33K | 38.77K |
| Operating Income | -13M | -10.25M | -4.57M | -5.49M | -2.37M | -1.53M |
| Operating Margin % | -10143.73% | -9053.87% | - | - | - | - |
| Operating Income Growth % | - | -124.23% | 16.78% | -131.64% | -54.74% | - |
| EBITDA | -12.89M | -10.19M | -4.54M | -5.48M | -2.36M | -1.54M |
| EBITDA Margin % | -10053.45% | -8994.81% | - | - | - | - |
| EBITDA Growth % | -129.98% | -124.2% | 17.1% | -132.03% | -53.8% | - |
| D&A (Non-Cash Add-back) | 115.71K | 66.89K | 29.11K | 13.39K | 9.76K | 0 |
| EBIT | -14.98M | -12.29M | -4.53M | -7.32M | -2.38M | -1.54M |
| Net Interest Income | -1.55M | -523.21K | -4.65K | -3.65K | -1.57K | -3.02K |
| Interest Income | 0 | 9.26K | 0 | 0 | 0 | 0 |
| Interest Expense | 1.55M | 532.46K | 4.65K | 3.65K | 1.57K | 3.02K |
| Other Income/Expense | -4.22M | -2.57M | 34.84K | -1.83M | -7.37K | -3.02K |
| Pretax Income | -17.22M | -12.83M | -4.54M | -7.32M | -2.38M | -1.54M |
| Pretax Margin % | -13433.56% | -11325.73% | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 9.2K | -9.2K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | -0.39% | 0.6% |
| Net Income | -17.22M | -12.83M | -4.54M | -7.32M | -2.39M | -1.53M |
| Net Margin % | -13433.56% | -11325.73% | - | - | - | - |
| Net Income Growth % | -207.51% | -182.65% | 38.02% | -206.5% | -56.45% | - |
| Net Income (Continuing) | -17.22M | -12.83M | -4.54M | -7.32M | -2.39M | -1.53M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.48 | -0.40 | -0.15 | -0.24 | -0.08 | -0.05 |
| EPS Growth % | -170.56% | -166.67% | 37.5% | -201.13% | -56.58% | - |
| EPS (Basic) | - | -0.40 | -0.15 | -0.24 | -0.08 | -0.05 |
| Diluted Shares Outstanding | 36.17M | 32.2M | 29.98M | 29.98M | 29.98M | 29.98M |
| Basic Shares Outstanding | 36.17M | 32.2M | 29.98M | 29.98M | 29.98M | 29.98M |
| Dividend Payout Ratio | - | - | - | - | - | - |
Severe liquidity and dilution risk
According to recent financial disclosures, Arrive AI's quarterly revenue remains negligible, peaking at only $90.7K in 2025Q2 before retreating to $14.9K in 2026Q1, which underscores the company's struggle to transition from pilot-stage testing to a repeatable, high-volume commercial revenue model for its autonomous delivery infrastructure.
The erratic revenue pattern suggests that current inflows are likely tied to one-off pilot projects rather than a stable, recurring subscription base. Investors should monitor whether the company can secure long-term integration contracts, as the current trajectory indicates a lack of market penetration in the competitive autonomous delivery space.
Based on reported income statements, Arrive AI maintains a heavy cost structure, with SG&A expenses reaching $4.3M in 2026Q1, a figure that dwarfs the company's quarterly revenue and highlights a significant disconnect between corporate overhead and the current stage of product commercialization.
The company's reliance on high administrative and research spending suggests an aggressive growth strategy that is not currently supported by top-line performance. This cost structure warrants further investigation into management's ability to achieve operational efficiency as the business attempts to scale its physical infrastructure footprint.
As reported in financial filings, the company recorded a 100% gross margin in multiple recent quarters, a metric that appears inconsistent with a hardware-integrated business model and suggests that manufacturing or deployment costs may be misclassified or excluded from the cost of goods sold.
This unusual margin profile makes it difficult to assess the true unit economics of the smart mailbox hardware. Analysts should be wary of these figures, as they may mask the actual costs required to manufacture and deploy the physical units necessary for the company's platform to function.
Based on the provided data, Arrive AI's operating margin of -9053.87% in recent periods reflects a business that is currently consuming capital at an unsustainable rate relative to its $2.1M cash position, creating a high probability of future dilutive financing to maintain operations.
The market appears to be pricing the company as a speculative technology play, yet the financials suggest a firm that has yet to prove its core utility in a real-world logistics environment. Investors should monitor the burn rate closely, as the current path to profitability remains highly uncertain and dependent on external capital.
Quick answers to the most common questions about buying ARAI stock.
For fiscal year 2025, Arrive AI Inc. (ARAI) reported total revenue of $0.1M.
Arrive AI Inc. (ARAI) reported a net loss of $12.8M for the fiscal year ending 2025.
Arrive AI Inc. (ARAI) reported an operating income of $-10.3M, resulting in an operating profit margin of -9053.9%. This margin reflects the operational efficiency of the business before interest and taxes.
Arrive AI Inc. (ARAI) generated $0.1M in gross profit for the year, representing a gross profit margin of 100.0%. This demonstrates the company's core pricing power and production efficiency.