Rank One Computing (ROC)
Market Price (7/24/2026): $4.7 | Market Cap: $78.1 MilSector: Information Technology | Industry: Systems Software
Rank One Computing (ROC)
Market Price (7/24/2026): $4.7Market Cap: $78.1 MilSector: Information TechnologyIndustry: Systems Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -20% Megatrend and thematic driversMegatrends include Artificial Intelligence, Autonomous Technologies, and Cybersecurity. Themes include AI Software Platforms, Show more. | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -5.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -48% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -23%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -32% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -9.7% High stock price volatilityVol 12M is 106% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -20% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, Autonomous Technologies, and Cybersecurity. Themes include AI Software Platforms, Show more. |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -5.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -48% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -23%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -32% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -9.7% |
| High stock price volatilityVol 12M is 106% |
Qualitative Assessment
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Rank One Computing (ROC) stock has lost about 35% since 3/31/2026 because of the following key factors:
1. Significant Revenue Decline and Widened Net Loss in Fiscal Q1 2026. Rank One Computing reported a 20% year-over-year decrease in revenue, falling to $2.55 million for its fiscal first quarter ended March 31, 2026, from $3.17 million in the prior-year period. This decline was primarily attributed to a 69% drop in government research and development contracts, stemming from procurement delays following a U.S. federal funding lapse in late 2025. Concurrently, the company's net loss widened significantly to $3.04 million in fiscal Q1 2026, compared to a net loss of $0.74 million in fiscal Q1 2025. Operating expenses also increased by 42% to $5.0 million due to headcount expansion and new public company costs post-IPO.
2. Post-IPO Volatility and Overvaluation Concerns. Following its initial public offering (IPO) in February 2026 at $6.00 per share, Rank One Computing's stock experienced considerable volatility. The stock corrected from a high of $7.80 on March 22, 2026, to an all-time low of $3.71 on June 23, 2026, contributing to an approximately 30% loss since March 31, 2026. Market analysis indicated the stock was perceived as overvalued relative to its fair value, trading at a Price-to-Sales ratio of 5.2x, notably higher than the peer average of 3.1x, which created pressure for a valuation adjustment.
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Rank One Computing (ROC) stock has lost about 35% since 3/31/2026 because of the following key factors:
1. Significant Revenue Decline and Widened Net Loss in Fiscal Q1 2026. Rank One Computing reported a 20% year-over-year decrease in revenue, falling to $2.55 million for its fiscal first quarter ended March 31, 2026, from $3.17 million in the prior-year period. This decline was primarily attributed to a 69% drop in government research and development contracts, stemming from procurement delays following a U.S. federal funding lapse in late 2025. Concurrently, the company's net loss widened significantly to $3.04 million in fiscal Q1 2026, compared to a net loss of $0.74 million in fiscal Q1 2025. Operating expenses also increased by 42% to $5.0 million due to headcount expansion and new public company costs post-IPO.
2. Post-IPO Volatility and Overvaluation Concerns. Following its initial public offering (IPO) in February 2026 at $6.00 per share, Rank One Computing's stock experienced considerable volatility. The stock corrected from a high of $7.80 on March 22, 2026, to an all-time low of $3.71 on June 23, 2026, contributing to an approximately 30% loss since March 31, 2026. Market analysis indicated the stock was perceived as overvalued relative to its fair value, trading at a Price-to-Sales ratio of 5.2x, notably higher than the peer average of 3.1x, which created pressure for a valuation adjustment.
3. Shifting Investor Sentiment in the Broader AI Market. During fiscal Q2 2026 (April 1 to June 30, 2026), investor sentiment in the broader artificial intelligence (AI) market shifted, leading to increased scrutiny regarding substantial capital expenditures on AI infrastructure and doubts about their returns. There was a discernible trend of investors becoming more selective within the AI sector, favoring hardware and semiconductor stocks over general AI software companies like Rank One Computing.
4. Macroeconomic Headwinds and Geopolitical Uncertainty. The broader market environment during fiscal Q2 2026 was marked by ongoing macroeconomic uncertainties and escalating geopolitical tensions, particularly conflicts in the Middle East. These factors contributed to surging oil prices and firmer inflation trends, which prompted the Federal Reserve to maintain a "higher for longer" interest rate stance. Such tight financial conditions and overall market volatility created a challenging backdrop for growth-oriented stocks, adding to the selling pressure on Rank One Computing.
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Stock Movement Drivers
Fundamental Drivers
The -32.9% change in ROC stock from 3/31/2026 to 7/23/2026 was primarily driven by a 0.0% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 3312026 | 7232026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.99 | 4.69 | -32.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | � | 0.0% |
| Net Income Margin (%) | � | � | 0.0% |
| P/E Multiple | � | � | 0.0% |
| Shares Outstanding (Mil) | 19 | 19 | 0.0% |
| Cumulative Contribution | 0.0% |
Market Drivers
3/31/2026 to 7/23/2026| Return | Correlation | |
|---|---|---|
| ROC | -32.9% | |
| Market (SPY) | 13.5% | 4.0% |
| Sector (XLK) | 34.3% | 9.4% |
Fundamental Drivers
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Market Drivers
12/31/2025 to 7/23/2026| Return | Correlation | |
|---|---|---|
| ROC | -94.1% | |
| Market (SPY) | 8.5% | 4.3% |
| Sector (XLK) | 24.1% | 7.1% |
Fundamental Drivers
nullnull
Market Drivers
6/30/2025 to 7/23/2026| Return | Correlation | |
|---|---|---|
| ROC | -94.1% | |
| Market (SPY) | 20.5% | 4.3% |
| Sector (XLK) | 41.5% | 7.1% |
Fundamental Drivers
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Market Drivers
6/30/2023 to 7/23/2026| Return | Correlation | |
|---|---|---|
| ROC | -94.1% | |
| Market (SPY) | 72.4% | 4.3% |
| Sector (XLK) | 109.1% | 7.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ROC Return | 0% | 0% | 0% | 0% | 0% | -94% | -94% |
| Peers Return | -27% | -55% | -11% | 2% | 15% | -9% | -69% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 100% |
Monthly Win Rates [3] | |||||||
| ROC Win Rate | 0% | 0% | 0% | 0% | 0% | 29% | |
| Peers Win Rate | 48% | 29% | 50% | 37% | 44% | 32% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 43% | |
Max Drawdowns [4] | |||||||
| ROC Max Drawdown | 0% | 0% | 0% | 0% | 0% | -95% | |
| Peers Max Drawdown | -52% | -68% | -49% | -57% | -45% | -44% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: AWRE, MITK, IDN, BKYI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/23/2026 (YTD)
How Low Can It Go
| Event | ROC | S&P 500 |
|---|---|---|
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -48.0% | -17.9% |
| % Gain to Breakeven | 92.3% | 21.8% |
| Time to Breakeven | 505 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -19.3% | -15.4% |
| % Gain to Breakeven | 23.9% | 18.2% |
| Time to Breakeven | 21 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -88.1% | -53.4% |
| % Gain to Breakeven | 741.4% | 114.4% |
| Time to Breakeven | 575 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -21.3% | -8.6% |
| % Gain to Breakeven | 27.0% | 9.5% |
| Time to Breakeven | 53 days | 47 days |
In The Past
Rank One Computing's stock fell 0.0% during the 2013 Taper Tantrum. Such a loss loss requires a 0.0% gain to breakeven.
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Asset Allocation
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| Event | ROC | S&P 500 |
|---|---|---|
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -48.0% | -17.9% |
| % Gain to Breakeven | 92.3% | 21.8% |
| Time to Breakeven | 505 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -88.1% | -53.4% |
| % Gain to Breakeven | 741.4% | 114.4% |
| Time to Breakeven | 575 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -21.3% | -8.6% |
| % Gain to Breakeven | 27.0% | 9.5% |
| Time to Breakeven | 53 days | 47 days |
In The Past
Rank One Computing's stock fell 0.0% during the 2013 Taper Tantrum. Such a loss loss requires a 0.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Rank One Computing (ROC)
Rank One Computing, trading under the symbol ROC, operates within the specialty chemicals industry. The company focuses on the development, manufacturing, and marketing of a diverse portfolio of specialty chemical products.
These specialized chemicals are designed for a wide array of industrial and commercial applications. ROC primarily serves customers and markets located across Germany, the United States, and the broader European region.
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Like a specialized version of BASF or DuPont.
An industrial chemical supplier, similar to a focused Dow Chemical.
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- Specialty Chemicals: These chemicals are developed, manufactured, and marketed for various industrial and commercial applications.
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B. Scott Swann, Chief Executive Officer and Director
B. Scott Swann was appointed CEO of Rank One Computing in January 2020. Before joining ROC, he served as President and CEO of IDEMIA National Security Solutions, where he established a Special Security Agreement subsidiary and achieved significant growth while managing critical biometric-based identity systems. Prior to IDEMIA, he spent 18 years with the FBI, fulfilling multiple executive roles focused on advancing technology.
Cody Barnes, Chief Financial Officer
Cody Barnes, a CPA, has been the Chief Financial Officer at ROC since December 2016. His prior experience includes serving as the Director of Finance & Operations at Citi from March 2011 to December 2016, where his responsibilities encompassed liquidity reporting and Basel compliance. He also worked as a Tax Accountant at Coca-Cola Refreshments from August 2008 to March 2011. He holds a Bachelor of Science degree in Accounting and Finance from the University of South Florida.
Brendan Klare, President, Chief Scientist, and Board Chairman
Brendan Klare co-founded Rank One Computing in 2015. He initially held the position of CEO since the company's inception before transitioning to his current roles as President, Chief Scientist, and Board Chairman.
Josh Klontz, Chief Technology Officer and Director
Josh Klontz is a co-founder of Rank One Computing.
Tony Brown, Chief Operating Officer
Tony Brown brings over 20 years of experience in strategic roles across innovative startups, the Department of Defense (DoD), the FBI, and the Department of Homeland Security (DHS), focusing on biometrics, identity management, and technology.
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Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 4.64 |
| Mkt Cap | 0.1 |
| Rev LTM | 17 |
| Op Inc LTM | -4 |
| FCF LTM | -4 |
| FCF 3Y Avg | -2 |
| CFO LTM | -3 |
| CFO 3Y Avg | -1 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.9% |
| Rev Chg 3Y Avg | 3.7% |
| Rev Chg Q | 9.2% |
| QoQ Delta Rev Chg LTM | 2.2% |
| Op Inc Chg LTM | 28.2% |
| Op Inc Chg 3Y Avg | 60.0% |
| Op Mgn LTM | -48.0% |
| Op Mgn 3Y Avg | -20.5% |
| QoQ Delta Op Mgn LTM | 2.3% |
| CFO/Rev LTM | -23.2% |
| CFO/Rev 3Y Avg | -7.2% |
| FCF/Rev LTM | -30.8% |
| FCF/Rev 3Y Avg | -9.8% |
Price Behavior
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.12 | 0.57 | 0.66 | -0.31 | -0.19 | -0.04 |
| Up Beta | -2.26 | -2.38 | -0.50 | -0.16 | -0.24 | -0.03 |
| Down Beta | 2.06 | -0.51 | -0.72 | -1.29 | -0.65 | -0.16 |
| Up Capture | -6% | 111% | 67% | -150% | -66% | -6% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 7 | 15 | 22 | 35 | 35 | 35 |
| Down Capture | -56% | 243% | 274% | 127% | 84% | 45% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 14 | 22 | 37 | 50 | 50 | 50 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ROC | |
|---|---|---|---|---|
| ROC | -23.9% | 80.7% | -0.47 | - |
| Sector ETF (XLK) | 38.6% | 24.7% | 1.27 | 7.1% |
| Equity (SPY) | 18.5% | 12.7% | 1.06 | 4.3% |
| Gold (GLD) | 17.6% | 28.1% | 0.57 | -1.7% |
| Commodities (DBC) | 35.2% | 19.1% | 1.45 | -2.4% |
| Real Estate (VNQ) | 11.6% | 13.9% | 0.55 | -1.0% |
| Bitcoin (BTCUSD) | -45.1% | 42.9% | -1.28 | 10.8% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ROC | |
|---|---|---|---|---|
| ROC | -5.3% | 80.7% | -0.47 | - |
| Sector ETF (XLK) | 19.5% | 25.6% | 0.68 | 7.1% |
| Equity (SPY) | 12.6% | 17.1% | 0.57 | 4.3% |
| Gold (GLD) | 16.8% | 18.4% | 0.74 | -1.7% |
| Commodities (DBC) | 9.8% | 19.5% | 0.39 | -2.4% |
| Real Estate (VNQ) | 2.6% | 18.9% | 0.03 | -1.0% |
| Bitcoin (BTCUSD) | 15.8% | 53.4% | 0.47 | 10.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ROC | |
|---|---|---|---|---|
| ROC | -2.7% | 80.7% | -0.47 | - |
| Sector ETF (XLK) | 24.4% | 24.8% | 0.89 | 7.1% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 4.3% |
| Gold (GLD) | 11.2% | 16.1% | 0.57 | -1.7% |
| Commodities (DBC) | 7.4% | 17.9% | 0.33 | -2.4% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | -1.0% |
| Bitcoin (BTCUSD) | 58.7% | 66.2% | 0.99 | 10.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 6/18/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/15/2026 | -15.8% | -16.6% | -19.1% |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 1 | 1 | 1 |
| Median Positive | |||
| Median Negative | -15.8% | -16.6% | -19.1% |
| Max Positive | |||
| Max Negative | -15.8% | -16.6% | -19.1% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/15/2026 | -15.8% | -16.6% | -19.1% |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 1 | 1 | 1 |
| Median Positive | |||
| Median Negative | -15.8% | -16.6% | -19.1% |
| Max Positive | |||
| Max Negative | -15.8% | -16.6% | -19.1% |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Systems Software Resources |
| CNET |
| ZDNet |
| Gartner |
| Software Development Times |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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