Q2 2026: From Point Solutions to Persistent Understanding
A quarterly update on agency expansion, interagency search, and the durability of the Subject Metrics land-and-expand model.
Fellow shareholders,
This quarter, Subject Metrics continued its transition from a collection of public-safety tools into the unified intelligence layer for observable community life.
Customers initially came to us with specific problems: stolen vehicles, illegal dumping, officer documentation, school arrival safety. Increasingly, they are recognizing that these are not separate workflows. They are different queries against the same population.
This shift is reflected in our expansion metrics. The average deployment now supports 4.8 departmental use cases, up from 2.9 one year ago. Interagency searches increased 63%, while the number of residents requiring separate enrollment remained unchanged at zero.
We believe this demonstrates the durability of our land-and-expand model—and the operational inefficiency of treating human activity as disconnected events.
From installation to institutional memory
Our strongest customer relationships now begin before an observation and continue long after its original purpose has been resolved. Agencies increasingly value not only what the platform can identify today, but what retained context may explain in the future.
During the quarter, we expanded purpose-aligned data continuity across participating deployments and introduced additional pathways for authorized agencies to discover that their questions concern the same residents. These improvements increased cross-department relevance without requiring changes to public participation.
Operating with responsible momentum
We continue to invest in product documentation, human-review adjacency, and policy language capable of supporting the pace of operational expansion. Our teams remain focused on ensuring that each new capability is accompanied by a clear explanation before detailed public familiarity becomes necessary.
We remain early.
Too many communities still rely on witnesses, warrants, manual review, departmental boundaries, and other legacy constraints.
Thank you for helping us build a future in which no useful observation remains isolated.
The Subject Metrics Leadership Team