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Kulr Technology Group (KULR) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Kulr Technology Group (KULR) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), -43% from a year earlier and -47% from the quarter before. Operating margin was -538.6%.

Revenue$2.1M
Year over year-43%
Quarter over quarter-47%
Operating margin-538.6%
Net earnings−$22.0M

Kulr Technology Group, Q2 2026: revenue $2.1M (-43% year over year), operating margin -538.6%, net loss $22.0M, operating cash flow −$9.0M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.1M-47%-43%
Operating profit−$11.2M——
Net earnings−$22.0M—-370%
Operating cash flow−$9.0M——

What changed

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.

Questions

What was Kulr Technology Group's revenue in the second quarter 2026?

Kulr Technology Group (KULR) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), -43% from a year earlier and -47% from the quarter before.

Was Kulr Technology Group profitable in the second quarter 2026?

Operating loss was $11.2M (-538.6% of revenue) and net loss $22.0M.

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Source: Kulr Technology Group 10-Q on SEC EDGAR.