Agility Robotics shows $300 million in orders, but just $1.78 million in net sales
Agility Robotics has laid out a stark picture of humanoid robot commercialization in its S-4 filing with the U.S. Securities and Exchange Commission. The company reported roughly $1.782 million in net sales for 2025 and a net loss of about $138.1 million, even as it said it had secured more than $300 million in multi-year orders for its next-generation Digit v5 robot. The filing shows that the headline order is tied to a single undisclosed customer, a three-year Robots-as-a-Service contract, and about 1,000 units, rather than broad-based purchasing from multiple clients. Agility also said Digit has already logged more than 65,000 hours of real-world operation across projects involving GXO, Schaeffler, Toyota, Mercado Libre and others, but testing programs have not yet translated into large-scale commercial deployment. The company is now trying to bridge that gap through a planned merger with Churchill Capital Corp XI, a deal that values Agility at about $2.5 billion before the transaction. Its case for that valuation rests less on current revenue and more on whether Digit v5 can move from pilot deployments to mass delivery.
