Artificial Intelligence Technology Solutions Inc. (AITX) reported a robust financial performance for the first quarter of fiscal year 2026, showcasing a 57% rise in revenue to $1.85 million, compared to $1.18 million in the same period the previous year. The company's gross profit surged by 80%, reaching $1.23 million versus $685,334 in the prior year period. This growth is attributed to an increase in high-value unit deployments and a strong base of recurring revenue. Rental revenue saw a significant increase of 66% year over year, totaling $1.63 million, driven by the continued deployment of higher-value units. Additionally, revenue from goods and services rose by 11% to $227,551 from $202,264 in the previous year. AITX deployed 76 new devices in the quarter, fewer than the previous year's comparable period. However, this was offset by the deployment of higher-value units, contributing to the increased rental revenue. Looking ahead, AITX expects to achieve net profitability in the second quarter of fiscal year 2026 and anticipates reaching operational positive cash flow by the end of its fiscal third quarter. The company is also optimistic about expected revenue gains from ROAMEO™ deployments throughout the remainder of the year.