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
$6.9M
Gross Profit
$628.9K
Operating Profit
$-8.7M
Net Profit
$-7.0M
Gross Margin
9.1%
Operating Margin
-126.9%
Net Margin
-101.3%
YoY Growth
116.1%
EPS
$-0.17
KULR Technology Group, Inc. Q3 FY2025 Financial Summary
KULR Technology Group, Inc. reported revenue of $6.9M (up 116.1% YoY) for Q3 FY2025, with a net profit of $-7.0M (down 248.0% YoY) (-101.3% margin). Cost of goods sold was $6.3M, operating expenses totaled $9.4M.
Key Financial Metrics
| Total Revenue | $6.9M |
|---|---|
| Net Profit | $-7.0M |
| Gross Margin | 9.1% |
| Operating Margin | -126.9% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
KULR Technology Group, Inc. Q3 FY2025 revenue of $6.9M breaks down across 2 segments, led by Bitcoin Mining Segment at $4.4M (63.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Bitcoin Mining Segment | $4.4M | 63.9% |
| Energy Management Platform Segment | $2.5M | 36.1% |
KULR Technology Group, Inc. Revenue by Segment — Quarterly Trend
KULR Technology Group, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Bitcoin Mining Segment and Energy Management Platform Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Bitcoin Mining Segment | — | $4.4M | $1.4M | — |
| Energy Management Platform Segment | $1.9M | $2.5M | $2.5M | $2.2M |
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 |