SenSen Networks reports robust Q2 FY26 revenue momentum, driven by five new city wins in North America, a surge in variable licence fees in Australia, and expanded fuel retail site deployments.
- Five new North American city contracts secured in two months
- 115% increase in variable licence fee revenue year-to-date
- Expansion of fuel retail AI solutions with 33 new Australian sites
- Estimated $3.6 million revenue contribution for FY26 from recent wins
- SenPIC solar-powered camera innovation driving usage growth
Strong Q2 Momentum Bolsters SenSen’s Growth Trajectory
SenSen Networks Limited (ASX – SNS) has delivered a compelling update on its Q2 FY26 performance, highlighting significant sales momentum that is expected to contribute approximately $3.6 million to the company’s full-year revenues. This surge is underpinned by a series of strategic contract wins and expanding customer engagement across key markets.
Rapid Expansion in North America
Central to SenSen’s recent success is its accelerated penetration into the North American smart city market. Over just two months, the company secured contracts with five new cities; Pittsburgh, Mississauga, Toronto Exhibition Place, Birmingham, and Kitchener; through its channel partner Gtechna. This expansion brings SenSen’s North American footprint to 27 smart city customers, split between 17 Canadian and 10 U.S. cities, marking a pivotal milestone in its U.S. growth strategy.
Variable Licence Fees Reflect Growing Usage
SenSen’s innovative licensing model, which ties revenue to customer usage, has yielded a remarkable 115% increase in variable licence fee revenue year-to-date through November 2025, reaching $1.1 million. This growth is largely attributed to the adoption of SenPIC, a solar-powered, rapidly deployable camera system that complements SenSen’s mobile enforcement solutions. The increased ticketing activity driven by SenPIC underscores the scalability and effectiveness of SenSen’s AI-powered enforcement technology.
Fuel Retail Sector Expansion in Australia
In addition to smart city contracts, SenSen has expanded its presence in the Australian fuel retail sector, adding 33 new sites, including a significant order of over 25 sites from Ampol Australia. This reinforces SenSen’s reputation as a trusted provider of AI-driven theft prevention and debt recovery solutions for major fuel brands such as Ampol, Chevron, and Liberty.
Looking Ahead
CEO Dr Subhash Challa emphasised that the company’s Q2 results validate its strategic focus and the growing global demand for AI solutions that enhance urban management and retail security. With a combined revenue contribution from recent wins and expansions expected to add $3.6 million to FY26, SenSen is well positioned to continue its growth trajectory, leveraging innovation and execution quality to deepen market penetration.
Bottom Line?
SenSen’s strong Q2 momentum sets the stage for further expansion, but delivery execution and sustained usage growth will be key to unlocking full revenue potential.
Questions in the middle?
- How will SenSen manage operational delivery to meet the demands of five new North American city contracts?
- What is the long-term revenue visibility from the expanded variable licence fee model?
- Can SenSen replicate its Australian fuel retail success in other international markets?