ROCNasdaqServices-Prepackaged SoftwareUS GAAP · USD

Rank One Computing Corp

Rank One Computing Corp is a U.S.-based software company focused on biometric identity, facial recognition, and Vision AI solutions. Its products include software licenses, bundled security systems, and customer-funded research and development services for government and commercial users, with operations centered in the United States and customers served globally.

Revenue17.0m USD
+23.9 %y/y
Operating profit (EBIT)-2.0m USD
−57.5 %y/y
EBIT margin-11.8%
−2.5 ppy/y
Net income-2.7m USD
−283.7 %y/y
Free cash flow-1.7m USD

Fiscal year 2025 · change from previous year

Development 2024–2025

-505101520m USD2024: 14 m USD2024: EBIT -1.3 m USD20242025: 17 m USD2025: EBIT -2.0 m USD202517-2.0
RevenueOperating profit (EBIT)

Business

Share of revenue
Commercial software licenses91 %

Licenses for ROC SDK, ROC Watch, ROC ABIS, and ROC Enroll, generally with support.

R&D contracts9 %

Customer-funded development services for U.S. Government and select commercial customers.

Products

Reported · share of revenue
34.2%34.1%28.7%FY2025100 %
  • ROC Watch34.2 %
  • ROCSDK34.1 %
  • RD Contracts28.7 %
  • ROCABIS2.0 %
  • ROC Enroll1.0 %

Source: 10-K FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

The company sells primarily to U.S. Government and government-adjacent customers, including military and law enforcement users that need biometric identification and video analytics. It also serves financial technology firms and commercial enterprises that use its software for identity verification, enrollment, and security workflows. Customers buy these tools to improve safety, automate identity checks, and integrate biometrics into broader security platforms.

U.S. Government and military

Buys biometric, facial recognition, and video analytics tools for security and identity missions.

Law enforcement and public safety

Uses identity and surveillance software to support investigations and field operations.

Financial technology and financial institutions

Uses ROC software for identity verification and transaction-related authentication.

Commercial enterprises

Buys enrollment, biometric, and security software for enterprise security use cases.

Strategy

The company is building a modular identity platform that combines biometrics, license plates, person entities, and real-time video rather than treating identity as a single-use product. It is also expanding commercial adoption of its software products while maintaining customer-funded development work that can validate capabilities in demanding government environments. The strategy is aimed at displacing foreign incumbents with a U.S.-built alternative that can be configured for different security and identity workflows.

Platform modularity and configurabilityMedium term

Customers need identity tools that can fit different workflows and integrate with existing systems.

Commercial product adoptionShort term

Recurring software licenses can scale beyond project-based R&D contracts.

Broaden identity use casesMedium term

A wider definition of identity increases the number of deployable applications and customers.

Geography

Q2/2026

Rank One Computing is U.S.-built, U.S.-owned, and U.S.-operated, with its core development and operating base in the United States. Revenue is generated from U.S. Government and government-adjacent customers as well as international users, so the business has domestic concentration but global application potential. The company’s exposure to federal budgeting and procurement cycles makes U.S. public-sector demand especially important.

United States93 %
Other countries (US filing)7.5 %

Share of the revenue the company reports by geography.

Risks

Revenue is concentrated among a limited number of U.S. Government and government-adjacent customers, so contract timing and federal budget cycles can cause sharp quarterly swings. The business also depends on continued technical performance in biometrics and Vision AI, where competition, privacy concerns, and foreign incumbents can affect adoption. As a software and services company, it faces execution risk in product development, customer support, and scaling public-company operations.

Sorted by severity
Customer concentrationHigh

A limited number of government and government-adjacent buyers can drive a large share of revenue.

Exposure: U.S. Government and related customers

Federal budget and procurement timingHigh

Contract awards, billings, and collections depend on appropriation cycles and procurement decisions.

Exposure: Government contracts

Technology and product performanceMedium

Biometric and Vision AI products must perform reliably in rigorous evaluations and real deployments.

ExposureROC SDKROC WatchROC ABISROC Enroll
Privacy and fairness scrutinyMedium

Identity technologies face reputational and regulatory pressure around bias, surveillance, and data use.

Exposure: Facial recognition and biometric analytics

Accounting

Judgemental items
Revenue recognition across mixed offerings

Licenses, support, hardware bundles, and R&D services may recognize revenue at different times.

Impact: Affects quarterly revenue mix and comparability

Capitalized software development

Development costs can be capitalized rather than expensed, depending on project stage and criteria.

Impact: Changes operating expense and asset balances

Contract timing and seasonality

Government awards and billings can shift revenue and cash between quarters.

Impact: Creates volatility in reported results and working capital

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026