Richtech Robotics

RR

Market cap $820M

Richtech Robotics Inc. remains significantly overvalued, trading at 166x EV/sales despite only 19% revenue growth to $5.05 million in FY2025. RR's gross margin expansion is largely driven by an accounting shift to a RaaS model, not underlying operational improvement. General and Administrative expenses surged to $17.54 million, outpacing modest R&D investment and raising concerns about capital allocation and innovation.

Richtech wasn't able to file its 10-K report on time last month. It just did -- and revenues are rising rapidly.

COHR's surging AI-driven demand, sharp operating income growth and strong balance sheet set it apart in a faceoff with RR.

Features enhanced functionality of industrial humanoid robot Dex, integrating compounding real-world data, simulation training and a robotics framework to drive productivity and efficiencies in Commercial & Industrial LAS VEGAS, Dec. 24, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a U.S.-based provider of AI-driven robots operating in commercial and industrial environments, will demonstrate its robotics solution platform, presented by humanoid robot Dex, at CES 2026 being held from January 6 to 9, 2026, at the Las Vegas Convention Center (LVCC). Accelerated by the NVIDIA Jetson Thor, Dex is capable of operating in dynamic environments, adapting with real time reasoning, and performing complex tasks with detailed precision, all while operating for four hours on a single charge.

Richtech Robotics faces a 150.8% surge in operating expenses as revenues dip, testing whether its cash-rich balance sheet can support a shift to recurring RaaS growth.

Richtech Robotics' stock surge highlights its shift to a RaaS model, rising liquidity strength and the mounting dilution risks that investors must weigh.

President Trump is reportedly considering signing an executive order in the new year to accelerate the development of robots in the U.S. Such a move could boost select robotics stocks over the longer term. Technological advances in robots of various types have sped up, thanks to advances in artificial intelligence, These 10 Stocks Could Mint the Next Wave of Millionaires ›

The Trump administration appears to be taking steps to support the robot manufacturing industry. The president might issue an executive order on robotics next year.

MVST's record revenue growth contrasts with Richtech Robotics' RaaS-driven margin gains, sharpening the debate over which small-cap tech stock has the stronger path ahead.

Richtech Robotics shifts to a RaaS model, trading short-term revenue softness for recurring MSAs and strong margins as its long-term growth strategy takes shape.