Arrive AI Announces First Quarter 2026 Results and Highlights Operational Progress Toward Commercial Scale

Arrive AI Announces First Quarter 2026 Results and Highlights Operational Progress Toward Commercial Scale INDIANAPOLIS, IN / ACCESS Newswire / May 15, 2026 / Arrive AI (NASDAQ:ARAI), an autonomous delivery network company built around patented, AI-powered Arrive Points ™, today announced financial results for the first quarter ended March 31, 2026, and provided an update on operational milestones, product development, and strategic progress.

The company will host a conference call and webcast today at 8:30 AM Eastern Time to review results, discuss recent developments, and answer investor questions.

"We continue to believe our most important metric right now is operational progress and milestone achievement," said Founder and CEO Dan O'Toole. "Over the last quarter, we strengthened our supply chain, advanced our software infrastructure, expanded internal development capabilities, progressed toward larger-scale deployment readiness, and continued building the foundation for long-term autonomous logistics infrastructure."

Recent Operational Highlights

During the quarter, Arrive AI:

Expanded and stabilized manufacturing operations through a new manufacturing partnership in India for the AP3, the company's current Arrive Point model.

Remained on track for an improved AP3 release in July, with broader availability expected beginning in October

Continued development of its next-generation APX platform

Advanced Arrive OS, the company's internally developed operating system and deployment software layer

Fully internalized software development operations to improve efficiency and reduce third-party costs

Continued preparations for a digital demonstration initiative planned for Texas later this year

Expanded its patent portfolio to 10 U.S. utility patents

Held its first Board meeting with newly appointed director Mike Fitz of T-Mobile for Business

Q1 2026 Financial Highlights

Revenue of approximately $14,925, consisting entirely of recurring subscription revenue

Net loss of approximately $6.4 million, compared to approximately $2 million in Q1 2025

Approximately $5.7 million in cash and $2.8 million in short-term investments at quarter end

Quarterly operating cash outflow of approximately $3 million, primarily related to team expansion and infrastructure development

The company also announced it recently reached a standstill agreement with Streeterville Capital that management believes will help reduce share price volatility associated with routine conversion activity while preserving capital flexibility moving forward. Under the standstill agreement, Streeterville Capital has agreed not to deliver any Purchase Notices through December 31, 2026, except on any trading day when the closing price of the Common Shares is at least 15% above the Nasdaq Minimum Price. Additional details will be included in a Form 8-K filing.

"As we continue executing, our focus remains straightforward: strengthen the platform, expand deployments, improve scalability, and maintain discipline on capital allocation, positioning Arrive AI for long-term growth within autonomous logistics," O'Toole added.

Earnings Call Details:

Title: Arrive AI Inc. Q1 2026 Earnings Call

Date: May 15, 2026

Time: 8:30 AM EDT (Live Event)

Duration: 60 minutes

Webcast Link: https://edge.media-server.com/mmc/p/4ovfitm5.

If you are an analyst and would like to join the call to ask questions, please contact Alliance IR at [email protected].

A replay of the call will be available after the event on Arrive AI's website at arriveai.com/investor-relations.

Following opening remarks from Founder and CEO Dan O'Toole, portions of the prepared comments will be delivered using AI-assisted voice technology as part of the company's continued exploration of practical AI applications in business communications.

About Arrive AI

Arrive AI (NASDAQ:ARAI) is building the infrastructure for autonomous logistics through a network of intelligent delivery endpoints that enable secure, asynchronous exchange of goods. The company's platform supports drones, ground robotics, and human couriers, solving the "last inch of the last-mile" challenge across logistics, healthcare, and enterprise delivery.

Media Contact

Kylie Conway

[email protected]

Investor Relations Contact

Alliance Advisors IR

[email protected]

Cautionary Note Regarding Forward-Looking Statements

This news release and statements of Arrive AI's management in connection with this release or related events may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995.

Forward-looking statements relate to future events and expected business and financial performance and often include words such as "expects," "anticipates," "intends," "plans," "believes," "potential," "will," "should," "could," "would," "optimistic," or "may," and similar expressions.

These statements are based on information available as of the date of this release and reflect management's current views and assumptions. They are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may be beyond the company's control.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Potential investors should review Arrive AI's SEC filings, including risk factors, available at www.sec.gov.

Arrive AI undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date of this release, except as required by law.

ARRIVE AI INC.

CONDENSED BALANCE SHEETS

March 31, 2026

December 31, 2025

(Unaudited)

5,667,553

2,104,004

2,802,060

4,975

280,102

189,878

12,325

8,762,040

2,311,182

679,333

514,684

2,023,420

2,117,284

271,580

272,097

3,475,514

5,650,185

279,187

65,633

6,729,034

8,619,883

15,491,074

10,931,065

227,909

183,993

1,490,720

538,234

408,345

392,950

1,440,000

1,460,000

7,681,354

4,144,657

8,336

9,140

11,256,664

6,728,974

1,616,553

1,725,073

1,418

1,616,553

1,726,491

12,873,217

8,455,465

7,545

6,841

37,834,831

31,215,698

(107,334

)

(35,117,185

)

(28,746,939

)

2,617,857

2,475,600

15,491,074

10,931,065

ARRIVE AI INC.

CONDENSED STATEMENTS OF OPERATIONS

(Unaudited)

Three Months Ended

March 31, 2026

March 31, 2025

14,925

4,210,066

1,894,981

357,073

91,263

111,350

7,661

4,678,489

1,993,905

(361,870

)

(1,175

)

177,789

16,915

1,129,769

(250,969

)

(2,345,613

)

446,324

(502,112

)

(1,706,682

)

15,740

(6,370,246

)

(1,978,165

)

(6,370,246

)

(1,978,165

)

(0.18

)

(0.07

)

36,167,200

29,721,248

ARRIVE AI INC.

CONDENSED STATEMENTS OF CASH FLOWS

For the Three Months Ended March 31, 2026 and 2025 (Unaudited)

2026

2025

(6,370,246

)

(1,978,165

)

1,043,789

1,348,245

56,214

7,391

300

739

(1,129,769

)

2,345,613

250,969

119,018

(446,324

)

502,112

4,675

(90,224

)

7,081

1,412

(213,554

)

43,916

(66,262

)

952,486

133,627

(2,930,286

)

(546,671

)

(220,346

)

(2,832

)

8,893,827

(11,751,675

)

(3,078,194

)

(2,832

)

420,753

(25,749

)

296,875

(2,222

)

(2,075

)

10,000,000

(400,000

)

9,572,029

715,553

3,563,549

166,050

2,104,004

129,318

5,667,553

295,368

1,064

321

6,927,869

161,000

6,468,903

1,200,231

2,174,671

SOURCE: Arrive AI Inc.