AGILITY·Humanoid robotics (general-purpose bipedal robots for logistics & light manufacturing)Pre-IPO · Private

Agility Robotics

ConvictionContext

Robots-as-a-Service (RaaS): recurring monthly per-robot subscription bundling hardware, software, fleet ops, and safety/uptime SLAs, plus some hardware sales; enterprise B2B into warehouse/3PL, e-commerce, and automotive/industrial customers. Vertically integrated — designs the robot and manufactures it in-house at RoboFab (Salem, OR).

Revenue

~$37.2M preliminary unaudited trailing FY2025 revenuedisclosed in SPAC materials; audited figures pending in the Form S-4). Separately, $300M+ of multi-year contracted RaaS orders is order backlog, not recognized revenue.

Rev growth

not disclosedonly a single preliminary FY2025 revenue point released; no prior-year revenue given

Gross margin

not disclosedCOGS not broken out; pre-scale, unit economics still maturing as production ramps toward higher robot-utilization ratios

Op margin

deeply negative — preliminary FY2025 operating expenses ~$111Mup from ~$71M in FY2024) against ~$37.2M revenue; operating loss materially exceeds revenue (unaudited

Capex intensity

High — built RoboFaba ~70,000 sq ft dedicated humanoid factory in Salem, OR, engineered for up to 10,000 units/year; ongoing capex to scale Digit v5 production.

Valuation

~$2.5B pre-money equity valuepending SPAC merger with Churchill Capital XI / CCXI, announced Jun 2026; prior Series C ~$2.1B post-money on a ~$400M raise, Mar 2025). ~$641M total private funding raised pre-SPAC.

Valuation trail

de-SPAC merger with Churchill Capital Corp XI (CCXI)1.2× since Mar 2025

2 marks · Mar 2025–Jun 2026

private — no public price

Priced round Secondary / SPAC mark

~$641M total private funding raised pre-SPAC. Series C post-money ~$2.1B (Mar 2025); the Jun 2026 de-SPAC marks a ~$2.5B pre-money equity value with $620M+ gross proceeds ($420M trust + ~$200M Foxconn-led PIPE at $10/share). CCXI shares trade near the ~$10 trust value, not a market valuation of Agility. Redemptions are the swing factor on cash delivered at close.

The read

Where our coverage leans

Coverage leans bullish

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Full financial intelligence for Agility Robotics

Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.

Income statement & margin structure
SWOT, moats & dependency map
Supplier–customer ecosystem graph
Signals, trends & valuation range

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