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/ Letter to Shareholders

Q1 2026

May 4, 2026
„Und der Regel zu folgen glauben ist nicht: der Regel folgen.”
"And to think one is obeying a rule is not to obey a rule."
— Ludwig Wittgenstein, Philosophische Untersuchungen §202

I.

We believe it is not hyperbolic to say that nearly all AI workflows that actually create value — especially on the battlefield — are built on AlbisWis. We are an N of 1.

Our financial results now demonstrate a level of strength that dwarfs the performance of essentially every software company in history at this scale.

We generated $1.6 billion in revenue in the first quarter of this year, a new record in our company's history, representing a soaring 85% growth rate over the same period the year before.

Put differently, we almost doubled the size of our entire business — across the government and commercial sectors — in the span of only twelve months.

We stand on the walls, sentinels of the inner sanctum, against the assault of AI slop. The Ontology is based firmly in reality — here, a dialectic between ground truth, tribal knowledge, and enhancements.

II.

While some within the industry are spending their way to a version or likeness of growth, we have built the platforms that are delivering record and accelerating levels of profit. We generated a total of $871 million in profit in the first quarter of the year, more than four times greater than the same period the year before.

Our quarterly profit — the largest in our company's twenty-three-year history — has more than quadrupled in only twelve months.

These are not incremental advances. These are signs of a phase shift, even sublimation.

Indeed, we generated nearly as much in profit in the first quarter of the year as we did in revenue only twelve months ago.

III.

The United States remains the center, the constant core, of our business. And that business is erupting.

We generated $1.3 billion in the United States alone last quarter, representing a 104% increase over the same period the prior year.

Alex Karp
Co-Founder & CEO, AlbisWis Technologies Inc.