Filing Flows › Nauticus Robotics (KITT) › Q1 2026
Nauticus Robotics (KITT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Nauticus Robotics (KITT) reported revenue of $160K for the first quarter 2026 (Q1 2026), -3% from a year earlier and -85% from the quarter before.
Nauticus Robotics, Q1 2026: revenue $160K (-3% year over year), net loss $9.3M, operating cash flow −$7.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $160K | -85% | -3% |
| Operating profit | −$5.7M | — | — |
| Net earnings | −$9.3M | — | — |
| Operating cash flow | −$7.0M | — | — |
What changed
Revenue was $160K in Q1 2026, down 3% year over year and down 85% from the previous quarter. Cost plus fixed fee was the largest line at 51% of revenue. Cost plus fixed fee lost $83K year over year (down 50%), 1464% of the total change.
Operating costs exceeded revenue by $5.7M, an operating margin of -3562.0%. Total costs fell 4% while revenue fell 3%. The fastest-growing cost line was Cost of revenue (+61%). The quarter ended with a net loss of $9.3M, narrower than the previous quarter's $19.2M loss.
Operating cash flow was −$7.0M. Non-cash charges added back $625K of depreciation and amortization and $226K of share-based compensation. Working capital and other items added $1.4M.
Questions
What was Nauticus Robotics' revenue in the first quarter 2026?
Nauticus Robotics (KITT) reported revenue of $160K for the first quarter 2026 (Q1 2026), -3% from a year earlier and -85% from the quarter before.
Source: Nauticus Robotics 10-Q on SEC EDGAR.