Apptronik revenue and valuation

Specter estimates Apptronik's annual revenue at $29M to $230M and its valuation at $3.57B to $6.02B. The company last reported $30M revenue in March 2025 and was priced at $5.5B in February 2026.

Updated
Estimated revenue
$29M–$230M
Estimated valuation
$3.57B–$6.02B
Reported revenue
$30M
Total funding
$952M
Founded
2016
Headquarters
Austin, United States
Employees
540

Apptronik revenue

Apptronik last reported $30M revenue in March 2025. Specter's model puts current revenue between $29M and $230M.

Line chart of Specter's estimate of Apptronik's revenue by month from June 2024 to October 2026, rising from $20M to $81M, with a shaded range that puts it at $29M to $230M today. One reported figure is marked: $30M in March 2025.
Est. revenueConfidence intervalReported revenue
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Monthly data
Apptronik estimated revenue by month
MonthSpecter estimateLowHighReported revenue
$81M$29M$230M
$79M$28M$220M
$67M$23M$193M
$68M$21M$220M
$66M$22M$200M
$63M$19M$210M
$58M$19M$178M
$53M$19M$144M
$50M$17M$142M
$40M$17M$97M
$39M$18M$87M
$36M$17M$76M
$35M$17M$70M
$34M$18M$63M
$32M$19M$54M
$31M$19M$49M
$31M$21M$46M
$31M$22M$44M
$32M$24M$41M
$30M$25M$36M$30M
$30M$23M$39M
$30M$24M$38M
$26M$14M$38M
$26M$12M$39M
$24M$12M$37M
$24M$11M$37M
$18M$8.1M$29M
$26M$13M$38M
$20M$11M$30M
Apptronik reported revenue figures
DateReported revenueSource
$30MApptronik: The Apollo Robot and the Future of Humanoid Robotics

Apptronik valuation

Apptronik's valuation rose from $109M at its funding round in February 2023 to $5.5B at its Series A in February 2026. Specter's live estimate sits between $3.57B and $6.02B.

Line chart of Specter's estimate of Apptronik's valuation by month from June 2024 to October 2026, rising from $199M to $4.63B, with a shaded range that puts it at $3.57B to $6.02B today. 3 priced funding rounds are marked, the latest a Series A at $5.5B in February 2026.
Est. valuationConfidence intervalFunding roundUndisclosed roundNews
Download
Monthly data
Apptronik estimated valuation by month
MonthSpecter estimateLowHighReported valuation
$4.63B$3.57B$6.02B
$4.65B$3.5B$6.17B
$4.66B$3.61B$6.01B
$4.97B$4.01B$6.16B
$5B$4.16B$6.01B$5B (press)
$5.12B$3.97B$6.6B
$5.24B$4.21B$6.54B
$5.37B$4.37B$6.6B
$5.5B$4.57B$6.61B$5.5B (round)
$5B$4.16B$6.01B$5B (press)
$5B$4.16B$6.01B$5B (press)
$5B$4.16B$6.01B$5B (press)
$4.46B$2.71B$7.35B
$3.98B$2.58B$6.16B
$3.56B$2.42B$5.24B
$3.18B$2.58B$3.9B
$2.83B$2.34B$3.44B
$2.53B$2.09B$3.06B
$2.26B$1.77B$2.88B
$2.02B$1.67B$2.44B
$1.8B$1.5B$2.16B$1.8B (round)
$670M$540M$830M
$250M$210M$300M$250M (press)
$240M$139M$420M
$230M$138M$390M
$220M$133M$380M
$210M$117M$390M
$210M$131M$330M
$199M$126M$320M

Apptronik funding rounds

Apptronik funding rounds
DateRoundRaisedPost-money valuationLead investors
Series A$520M$5.5BMercedes-Benz Group AG, B Capital, Google
Series A$403M$1.8BB Capital, Capital Factory
SecondaryUndisclosedUndisclosedUndisclosed
Funding round$13.9M$109MTerex
Seed$14.6MUndisclosedUndisclosed
Grant$225KUndisclosedUndisclosed

Apptronik competitors

The industrial humanoid market centers on a split between general-purpose utility and specialized task performance.

Apptronik and its competitors by estimated revenue and valuation
CompanyRevenueValuation
Apptronik$29M–$230M$3.57B–$6.02B
Figure$99M–$410M$32.3B–$47.7B
Agility Robotics$1.4M–$4M$2.08B–$3.01B
Sanctuary AI$5.1M–$27M$49M–$148M
Humanoid$8.5M–$63M$1.08B–$1.63B

Apptronik revenue and valuation FAQ

What is Apptronik's revenue?

Specter estimates Apptronik's annual revenue at $29M to $230M as of October 2026. Apptronik last reported $30M revenue in March 2025.

What is Apptronik's valuation?

Apptronik's latest post-money valuation is $5.5B, from a February 2026 Series A. Specter's live estimate is $3.57B to $6.02B.

What is Apptronik's revenue multiple?

Apptronik is valued at about 183× revenue, based on its $5.5B February 2026 valuation and $30M last reported revenue.

How much funding has Apptronik raised?

$952M across six rounds, from a $225K grant in December 2017 to a $520M Series A in February 2026.

Who invested in Apptronik?

31 investors, including B Capital, Capital Factory, Google, Mercedes-Benz Group AG and Terex.

Who are Apptronik's competitors?

Figure, Agility Robotics, Sanctuary AI and Humanoid. Specter ranks 29 competitors for Apptronik.

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