Filing Flows › Nauticus Robotics (KITT) › Q4 2024
Nauticus Robotics (KITT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Nauticus Robotics (KITT) reported revenue of $471K for the fourth quarter 2024 (Q4 2024), -56% from a year earlier and +27% from the quarter before.
Nauticus Robotics, Q4 2024: revenue $471K (-56% year over year), net loss $84.5M, operating cash flow −$4.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $471K | +27% | -56% |
| Operating profit | −$6.2M | — | — |
| Net earnings | −$84.5M | — | — |
| Operating cash flow | −$4.2M | — | — |
What changed
Revenue was $471K in Q4 2024, down 56% year over year and up 27% from the previous quarter.
Operating costs exceeded revenue by $6.2M, an operating margin of -1312.1%. Total costs fell 81% while revenue fell 56%. The fastest-growing cost line was General & admin (+412%). The quarter ended with a net loss of $84.5M, after a profit of $17.9M the previous quarter. Net interest and other expense of $78.4M was the main reason.
Operating cash flow was −$4.2M. Non-cash charges added back $453K of depreciation and amortization and $431K of share-based compensation. Working capital and other items added $79.4M. Capital expenditures of $35K exceeded it, leaving free cash flow of −$4.3M.
Questions
What was Nauticus Robotics' revenue in the fourth quarter 2024?
Nauticus Robotics (KITT) reported revenue of $471K for the fourth quarter 2024 (Q4 2024), -56% from a year earlier and +27% from the quarter before.
Source: Nauticus Robotics 10-K on SEC EDGAR.