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Kulr Technology Group (KULR) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 13, 2026 · Kulr Technology Group (KULR) Q2 2026 earnings results →
Q2 2026 Revenue down 43% year over year to $2.1M · operating margin -538.6%
Kulr Technology Group made $2.1M in Q2 2026 (-43% Y/Y). Operating margin -538.6%, net loss $22.0M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.
Drawing the Sankey…
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What changed this quarter
Revenue was $2.1M in Q2 2026, down 43% year over year and down 47% from the previous quarter.
Operating costs exceeded revenue by $11.2M, an operating margin of -538.6%. The fastest-growing cost line was Other operating costs (+62%). The quarter ended with a net loss of $22.0M, narrower than the previous quarter's $29.0M loss.
Operating cash flow was −$9.0M. Non-cash charges added back $269K of depreciation and amortization and $908K of share-based compensation. Working capital and other items added $11.8M. Capital expenditures of $224K exceeded it, leaving free cash flow of −$9.2M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 13, 2026 | $2.1M | -43% | -538.6% | −$22.0M | −$9.0M |
| Q1 2026 | 10-Q | May 14, 2026 | $4.8M | +98% | -152.4% | −$29.0M | −$8.7M |
| Q4 2025 | 10-K | Mar 31, 2026 | $2.9M | -15% | -536.6% | −$44.3M | −$13.8M |
| Q3 2025 | 10-Q | Nov 18, 2025 | $6.9M | +116% | -126.9% | −$7.0M | −$9.6M |
| Q2 2025 | 10-Q | Aug 14, 2025 | $3.7M | +50% | -258.8% | $8.1M | −$11.8M |
| Q1 2025 | 10-Q | May 15, 2025 | $2.4M | +40% | -385.7% | −$18.8M | −$9.6M |
| Q4 2024 | 10-K | Mar 31, 2025 | $3.4M | +44% | -105.1% | −$4.6M | −$4.8M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Kulr Technology Group
Overview KULR designs and builds advanced battery systems for autonomous platforms, digital infrastructure, e-mobility and Space – sold as a product or delivered as service subscription. The Company addresses two primary constraints in electrification: thermal management and safety. As energy and power density increase across aerospace, autonomous machines, digital infrastructure and industrial applications, managing heat generation, current density, and propagation risk becomes essential to system reliability and survivability. KULR is establishing a fully integrated battery energy storage system design and production infrastructure in Houston, Texas. KULR brings battery pack design, prototyping, testing, certification, and manufacturing; as well as battery management system software and electronics design capabilities together under one roof.
In its own words, from its 10-K, filed Mar 31, 2026.
Kulr Technology Group against its Electronic Components & Accessories peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -43% against the peers' median +15%. Operating margin: -538.6% against the peers' median 9.4%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| KULR Kulr Technology Group | Q2 2026 | $2.1M | -43% | -538.6% |
| HUBB Hubbell | Q3 2026 | $1.9B | +25% | 21.8% |
| VSH Vishay Intertechnology | Q3 2026 | $979M | +24% | 9.4% |
| MRCY Mercury Systems | Q4 FY26 | $290M | +6% | 5.0% |
| OLED Universal Display | Q3 2026 | $160M | +15% | 33.5% |
| VPG Vishay Precision Group | Q3 2026 | $85.1M | +7% | 3.2% |
Source: Kulr Technology Group 10-Q on SEC EDGAR · CIK 1662684 · Electronic Components & Accessories
13F: who owns KULR and who is buying
More on KULR
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results