In the fourth quarter alone, Duos generated $9.46 million in revenue, with $9.08 million coming from services, highlighting the strong demand for its technology solutions. The company also reported a sequential quarterly revenue growth exceeding 37%, indicating robust operational momentum and improved gross margins due to enhanced execution and operational efficiencies.
Duos Technologies successfully completed a $45 million capital raise in July 2025, followed by an additional $65 million in March 2026, which has fortified its balance sheet and provided the necessary capital to accelerate the deployment of its Edge Data Center platform and high-performance compute infrastructure. The company has deployed 15 Edge Data Center pods, marking a significant milestone in its strategic expansion into high-density data center deployments.
The launch of GPU-as-a-Service (GPUaaS) and high-power colocation offerings, including a contract to deploy 2,304 NVIDIA GPUs, is expected to generate substantial recurring revenue over the coming years. Furthermore, Duos established a new infrastructure solutions business, Duos Technologies Solutions, Inc., which has already generated approximately $10 million in backlog within its first quarter of operations.
Looking ahead, Duos Technologies anticipates total revenue for 2026 to exceed $50 million, driven by a strong pipeline of contracts and near-term anticipated awards. The company is strategically focused on scaling its edge data center platforms and enhancing its technology solutions business to meet the growing demand for distributed digital infrastructure. Management expressed confidence in the company's ability to capitalize on the accelerating demand for AI compute and edge infrastructure, positioning Duos for continued growth and long-term shareholder value.
