kneat.com (TSE:KSI) said its first quarter of 2026 was in line with expectations, with management highlighting year-over-year revenue growth, higher annual recurring revenue and a stronger cash position, while cautioning that customer expansion timing can vary.
Chief Executive Officer Eddie Ryan said the quarter brought the company “a step closer” to its strategic goals. He said revenue increased 22% year over year and annual recurring revenue rose 20%. Ryan said customer transitions to full digital validation “take time,” but added that management remains confident in the company’s strategy and market positioning.
