Artificial Intelligence Technology Solutions, Inc. - Form 8-K Filing Summary

Artificial Intelligence Technology Solutions, Inc. reported preliminary, unaudited financial results for the fiscal year ended February 28, 2026. Revenue increased by 26% to $7.75 million, and gross profit rose by 48% to $5.54 million, with gross margins improving to approximately 71%. Operating expenses remained flat at $17.5 million, leading to an approximately $2.0 million improvement in loss from operations. The company highlighted customer adoption, expanding recurring revenue programs, improved unit economics, and cost discipline. They also mentioned a hardware pricing adjustment of approximately 14% and a robust sales pipeline with over 35 Fortune 500 companies. The company is focused on long-term recurring revenue, advancing its SARA platform, and improving operating efficiency.