KULR Technology Group, Inc.KULREarnings & Financial Report
KULR Technology Group, Inc. develops and manufactures high-performance thermal management and energy safety solutions. Its core offerings include heat dissipation materials, battery safety systems and temperature control components, serving clients across aerospace, electric vehicle, consumer electronics and renewable energy sectors in major global markets.
Revenue
$1.7M
Gross Profit
$510.8K
Operating Profit
$-4.7M
Net Profit
$-5.0M
Gross Margin
29.2%
Operating Margin
-266.2%
Net Margin
-286.4%
YoY Growth
-0.6%
EPS
$-0.04
KULR Technology Group, Inc. Q1 FY2024 Financial Summary
KULR Technology Group, Inc. reported revenue of $1.7M (down 0.6% YoY) for Q1 FY2024, with a net profit of $-5.0M (up 24.1% YoY) (-286.4% margin). Cost of goods sold was $1.2M, operating expenses totaled $5.2M.
Key Financial Metrics
| Total Revenue | $1.7M |
|---|---|
| Net Profit | $-5.0M |
| Gross Margin | 29.2% |
| Operating Margin | -266.2% |
| Report Period | Q1 FY2024 |
KULR Technology Group, Inc. Annual Revenue by Year
KULR Technology Group, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $16.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $16.2M |
| 2024 | $10.7M |
| 2023 | $9.8M |
| 2022 | $4.0M |
KULR Technology Group, Inc. Quarterly Revenue & Net Profit History
KULR Technology Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $2.9M | -15.0% | $-44.3M | -1545.5% |
| Q3 FY2025 | $6.9M | +116.1% | $-7.0M | -101.3% |
| Q2 FY2025 | $4.0M | +63.4% | $8.1M | 204.9% |
| Q1 FY2025 | $2.4M | +40.0% | $-18.8M | -768.1% |
| Q4 FY2024 | $3.4M | +44.4% | $-4.6M | -137.1% |
| Q3 FY2024 | $3.2M | +4.8% | $-2.0M | -62.9% |
| Q2 FY2024 | $2.4M | -9.8% | $-5.9M | -242.2% |
| Q1 FY2024 | $1.7M | -0.6% | $-5.0M | -286.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7M | $2.4M | $3.2M | $3.4M | $2.4M | $4.0M | $6.9M | $2.9M |
| YoY Growth | -0.6% | -9.8% | 4.8% | 44.4% | 40.0% | 63.4% | 116.1% | -15.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $11.3M | $11.4M | $12.4M | $62.9M | $93.8M | $141.5M | $156.1M | $129.0M |
| Liabilities | $8.7M | $7.6M | $7.2M | $5.5M | $4.1M | $5.0M | $8.1M | $7.4M |
| Equity | $2.6M | $3.8M | $5.2M | $57.4M | $89.7M | $136.4M | $148.0M | $121.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-3.9M | $-5.3M | $-3.3M | $-4.8M | $-9.8M | $-11.9M | $-9.3M | $-13.8M |