Filing Flows › Nauticus Robotics (KITT) › Q2 2026
Nauticus Robotics (KITT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Nauticus Robotics (KITT) reported revenue of $886K for the second quarter 2026 (Q2 2026), -57% from a year earlier and +455% from the quarter before. Operating margin was -678.2%.
Nauticus Robotics, Q2 2026: revenue $886K (-57% year over year), operating margin -678.2%, net loss $11.1M, operating cash flow −$7.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $886K | +455% | -57% |
| Operating profit | −$6.0M | — | — |
| Net earnings | −$11.1M | — | — |
| Operating cash flow | −$7.1M | — | — |
What changed
Revenue was $886K in Q2 2026, down 57% year over year and up 455% from the previous quarter. Cost plus fixed fee was the largest line at 96% of revenue. Cost plus fixed fee lost $1.2M year over year (down 59%), 103% of the total change.
Operating costs exceeded revenue by $6.0M, an operating margin of -678.2%. Total costs fell 19% while revenue fell 57%. The fastest-growing cost line was Other operating costs (+22%). The quarter ended with a net loss of $11.1M, wider than the previous quarter's $9.3M loss.
Operating cash flow was −$7.1M. Non-cash charges added back $702K of depreciation and amortization and $316K of share-based compensation. Working capital and other items added $3.0M. Capital expenditures of $14K exceeded it, leaving free cash flow of −$7.1M.
Questions
What was Nauticus Robotics' revenue in the second quarter 2026?
Nauticus Robotics (KITT) reported revenue of $886K for the second quarter 2026 (Q2 2026), -57% from a year earlier and +455% from the quarter before.
Was Nauticus Robotics profitable in the second quarter 2026?
Operating loss was $6.0M (-678.2% of revenue) and net loss $11.1M.
Source: Nauticus Robotics 10-Q on SEC EDGAR.