Pathak verified Skild's $100M ARR in person, Scott says
The number is contract-based recurring revenue, not units shipped, and it landed the same week Agility's SPAC filing showed $1.8M in revenue.
Skild AI's $100M number now has a face-to-face check behind it. Humanoid Scott posted that he and Rew Kang visited Skild AI HQ, where founder Deepak Pathak personally verified the current ARR figures with them and added a clarification to his earlier article. The clarification matters more than the visit. It is annual recurring revenue based on multi-year contracts.
That is a different thing from robots shipped or hours run in a customer plant. A signed multi-year contract books revenue whether or not the fleet behind it is doing much yet.
Skild's own post, covered earlier, said the company crossed $100M ARR within 10 months of starting deployments, across factory lines, construction sites, kitchens and data centers, doing cleaning, welding, building and cooking. Lukas Ziegler, who broke the number, described Skild as building the AI brain for robots, software that lets them pick up tasks across different robot bodies and environments without being reprogrammed from scratch. He called it one of the fastest revenue ramps in robotics history.
The other number from the same week
Days before, Kat Scott pulled the figures out of Agility Robotics' SPAC filing and got a very different picture. $1.8M in revenue on a $140M operating loss. Her read was not a dunk on Agility specifically. She called Agility objectively one of the better performing humanoid companies, which is what makes the filing worth reading, since it is rare public accounting in a field that mostly reports demos.
This will be an interesting SPAC as Agility is objectively one of the better performing humanoid companies.
Steve Crowe replied that Agility needs the $300M order from that one customer to come sooner than later. Kat Scott's own math on that order, covered earlier, works out to roughly 700 robots amortized over five years.
Two business models, two sets of numbers, one week. Skild sells software that runs on other people's hardware and books contracts. Agility builds and sells the machines and eats the cost of doing it. Neither number tells you how many robots are actually working right now, and nobody outside the two companies has that count.
@deepakpathak personally verified the current ARR numbers with us and added this clarification to his earlier article