Cyngn (CYN)
Integrates autonomous-driving software and hardware into industrial vehicles for private-site material movement.
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Integrates DriveMod autonomous-driving software and hardware into industrial material-moving vehicles, earning revenue from subscriptions, hardware and deployment work through a partner-dependent OEM, dealer and integrator model.
Integrates DriveMod self-driving software and hardware kits at an OEM assembly line or by retrofitting established industrial vehicles for material movement in manufacturing, distribution and other private-property sites. The Enterprise Autonomy Suite pairs the on-vehicle stack with Cyngn Insight for fleet management, teleoperation, analytics and switching among autonomous, manual and remote modes; Cyngn Evolve supplies internal AI, data and simulation tooling.
Earns revenue from subscriptions, hardware sales or leases, deployments and customer-specific engineering. Its current scaled offering is the Motrec-based DriveMod Tugger, while the DriveMod Forklift remains available to select customers. Operations and recent deployments are U.S.-focused, while OEM, dealer and integrator networks support broader deployment. Customer-site protocols and industrial standards apply case by case, and commercialization depends on partner products, capacity and execution.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $39.7M · Total debt $6.8M · Total assets $55.0M · Shareholders' equity $44.6M
- Revenue
- $144.5K
- Operating income
- −$6.8M
- Net income
- −$6.4M
No dividends on record.
| Institutions | 11.28% | 1.63M shares | |
|---|---|---|---|
| 22 holders · as of Jun 30, 2026 | |||
| Other | 88.72% | 12.80M shares | |
| remainder | |||
14.42M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Empery Asset Management, LPInstitution | 6.43% | 927,059 | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 2.18% | 315,119 | as of Jun 30, 2026 |
Geode Capital Management, LLCInstitution | 0.86% | 123,638 | as of Jun 30, 2026 |
State Street CorpInstitution | 0.67% | 96,300 | as of Jun 30, 2026 |
Vanguard Fiduciary Trust CoInstitution | 0.52% | 74,896 | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Hyster-Yale
Automated tow tractors and forklifts face DriveMod deployments.
- Teradyne
MiR AMRs and fleet software overlap in factory and warehouse transport.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Cyngn | $0.7638 | +0.53% | $10.3M | — | — | 26.7 | +4,183.3% |
| Hyster-Yale | $33.24 | +1.96% | $580.0M | — | — | 0.2 | −15.0% |
| Teradyne | $387.66 | +1.60% | $59.65B | 52.3 | 39.5 | 13.4 | +103.9% |
| Median | 52.3 | 39.5 | 6.8 | +44.4% |