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Duos Technologies posts operational gains and backs 2026 revenue outlook
The company said it reconfirmed 2026 revenue guidance above $50 million, supported by $43.5 million in bookings backlog and a projected Q4 2026 recurring revenue exit run rate above $70 million.
Duos Technologies Group outlined progress from its Q2 2026 earnings call, including the August 5, 2026 completion of its divestiture of the legacy rail business, a move it said is aimed at shifting the company toward AI infrastructure and edge data center services.
The company reported it crystallized a $53.2 million gain from selling a 5% interest in New APR Energy, receiving $50.4 million in immediate cash, and it said it achieved positive adjusted EBITDA ahead of schedule by moving toward higher-margin Technology Solutions and infrastructure services.
Duos also cited growth catalysts including a $111 million colocation agreement with Axe Compute for 10 megawatts of capacity in Columbus, Georgia, and the scaling of its Technology Solutions segment to $3.23 million in quarterly revenue.
For forward guidance, Duos reconfirmed 2026 revenue of more than $50 million, pointed to a $43.5 million bookings backlog, and projected a Q4 2026 annualized recurring revenue exit run rate above $70 million, with gross margins expected above 70%.