Build an Inve Case for DUOT → Read the full call → US$ mn · quarterly
Duos Technologies (DUOT) earnings
Duos Technologies earnings: last reported Mon, 17 Aug 2026, for the quarter ended Jun 2026.
Duos Technologies earnings callsDuos Technologies earnings calls (DUOT)
Latest concall · Q2 2026 · call held call held 17 Aug 2026
Duos Technologies Q2 FY26 — Strategic Pivot Complete with Strong AI Infrastructure Growth and Strengthened Balance Sheet
What went well
- Completed divestiture of Rail business, streamlining focus to AI infrastructure.
- Received $50.4 million cash from APR Energy stake sale, generating a $53.2 million gain and strengthening cash position to $112.3 million.
- Signed 5-year colocation agreement with Axe Compute for 55 MW, valued at over $500 million in contracted revenue, in addition to an initial 10 MW deal.
What to watch
- Loss from operations for the 6 months was $3.13 million, reflecting first-quarter investment ahead of revenue ramp.
- AMA revenue declined $4.2 million in the first half due to wind-down, impacting total revenue.
Performance +14.8% 1Y
1Y: $7.7 on 29 Sept 2025 → $8.84. High $14.64 (28 May 2026), low $6.3 (30 Mar 2026).
Quarterly results
Q2 FY26: revenue up 29.5%, net profit up 1460.0% against the same quarter last year.
| Line item | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 1 | 5 | 5 | 7 +112% | 10 +614% | 3 −45% | 6 +30% |
| EBITDA | -2 | -3 | -2 | -2 | -1 +42% | -5 −72% | -4 −103% | 0 +103% |
| Net profit | -1 | -3 | -2 | -4 | -1 +26% | -3 +6% | -3 −68% | 48 +1460% |
How to read this
US$ million, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Balance sheet
| Year ending | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | $3.5K | $4.1K | $7.2K | $7.3K | $8.9K | $20.4K |
| Reserves | -$39.49M | -$45.50M | -$52.36M | -$63.60M | -$74.37M | -$84.20M |
| Total liabilities | $4.52M | $8.70M | $9.04M | $7.48M | $32.70M | $14.86M |
| Fixed assets | $342.2K | $603.3K | $629.5K | $726.5K | $2.77M | $27.31M |
| Total assets | $6.41M | $9.48M | $13.09M | $12.84M | $34.96M | $63.41M |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Insider filings
28 filings between Dec 31, 2025 and Sep 22, 2026.
Open market
decisions to buy or sellPurchases
$133.8K
3 purchases by 2 insiders
Sales
None
No insider sold shares.
Compensation
not trading decisions- 24
- Award — granted as compensation
Also filed: 1 other.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Recker Frank Douglas | $84.6K | — | Sep 22, 2026 |
| Nixon James Craig | $49.3K | — | Sep 18, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 22, 2026 | Recker Frank Douglas Chief Executive Officer | Purchase | 9,250 | $84.6K |
| Sep 18, 2026 | Nixon James Craig Director | Purchase | 2,857 | $24.3K |
| Sep 18, 2026 | Nixon James Craig Director | Purchase | 2,907 | $25.0K |
| Jun 30, 2026 | James Brian J. Director | Award | 2,074 | $25.0K |
| Jun 30, 2026 | MAVROMMATIS NED Director | Award | 1,659 | $20.0K |
| Jun 30, 2026 | Ferry Charles Parker Director | Award | 2,074 | $25.0K |
| Jun 30, 2026 | Goldfarb Adrian Graham Interim CFO | Award | 1,532 | $14.1K |
| Jun 30, 2026 | Lonegro Frank A Director | Award | 2,074 | $25.0K |
| Jun 30, 2026 | Nixon James Craig Director | Award | 1,556 | $18.8K |
| Apr 1, 2026 | Ferry Charles Parker Director | Other | 261,444 | — |
| Mar 31, 2026 | Lonegro Frank A Director | Award | 3,735 | $25.0K |
| Mar 31, 2026 | MAVROMMATIS NED Director | Award | 2,988 | $20.0K |
| Mar 31, 2026 | Nixon James Craig Director | Award | 3,735 | $25.0K |
| Mar 31, 2026 | James Brian J. Director | Award | 3,735 | $25.0K |
| Jan 2, 2026 | Lonegro Frank A Director | Award | 10,000 | $108.0K |
| Jan 2, 2026 | Nixon James Craig Director | Award | 10,000 | $108.0K |
| Jan 2, 2026 | MAVROMMATIS NED Director | Award | 10,000 | $108.0K |
| Jan 1, 2026 | Brown Leah F. Chief Financial Officer | Award | 150,000 | — |
| Dec 31, 2025 | MAVROMMATIS NED Director | Award | 10,000 | $114.4K |
| Dec 31, 2025 | Lonegro Frank A Director | Award | 2,185 | $25.0K |
| Dec 31, 2025 | Lonegro Frank A Director | Award | 10,000 | $114.4K |
| Dec 31, 2025 | Nixon James Craig Director | Award | 2,185 | $25.0K |
| Dec 31, 2025 | Nixon James Craig Director | Award | 10,000 | $114.4K |
| Dec 31, 2025 | MAVROMMATIS NED Director | Award | 1,748 | $20.0K |
| Dec 31, 2025 | Brown Leah F. Chief Financial Officer | Award | 228 | $1.4K |
| Dec 31, 2025 | Ferry Charles Parker CEO | Award | 648 | $4.0K |
| Dec 31, 2025 | Goldfarb Adrian Graham Insider | Award | 715 | $4.4K |
| Dec 31, 2025 | James Brian J. Director | Award | 1,638 | $18.7K |
| Sep 30, 2025 | Lonegro Frank A Director | Award | 2,018 | $15.0K |
| Sep 30, 2025 | James Brian J. Director | Award | 583 | $4.3K |
| Sep 30, 2025 | MAVROMMATIS NED Director | Award | 1,346 | $10.0K |
| Sep 30, 2025 | Nixon James Craig Director | Award | 2,018 | $15.0K |
| Sep 15, 2025 | King Christopher T. Insider | Disposition to issuer | 112,500 | — |
| Jun 30, 2025 | Ferry Charles Parker CEO | Award | 662 | $4.0K |
| Jun 30, 2025 | Goldfarb Adrian Graham CFO | Award | 2,789 | $16.9K |
| Jun 30, 2025 | Nixon James Craig Director | Award | 2,032 | $15.0K |
| Jun 30, 2025 | MAVROMMATIS NED Director | Award | 1,355 | $10.0K |
| Jun 30, 2025 | Lonegro Frank A Director | Award | 2,032 | $15.0K |
| May 23, 2025 | Goldfarb Adrian Graham CFO | Sale | 9,285 | $72.2K |
| May 20, 2025 | Goldfarb Adrian Graham CFO | Sale | 1,300 | $10.2K |
| Apr 9, 2025 | EHRMAN KENNETH S Insider | Award | 10,000 | — |
| Apr 1, 2025 | EHRMAN KENNETH S Director | Award | 10,000 | — |
| Apr 1, 2025 | MAVROMMATIS NED Director | Award | 10,000 | — |
| Mar 31, 2025 | Lonegro Frank A Director | Award | 2,808 | $15.0K |
| Mar 31, 2025 | EHRMAN KENNETH S Director | Award | 1,872 | $10.0K |
| Mar 31, 2025 | MAVROMMATIS NED Director | Award | 1,872 | $10.0K |
| Mar 31, 2025 | Nixon James Craig Director | Award | 2,808 | $15.0K |
| Jan 1, 2025 | Goldfarb Adrian Graham CFO | Award | 441,275 | — |
| Jan 1, 2025 | King Christopher T. CHIEF OPERATING OFFICER | Award | 225,000 | — |
| Dec 31, 2024 | Goldfarb Adrian Graham CFO | Award | 477 | $1.2K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.