Filing Flows › Kulr Technology Group (KULR) › Q4 2025
Kulr Technology Group (KULR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Kulr Technology Group (KULR) reported revenue of $2.9M for the fourth quarter 2025 (Q4 2025), -15% from a year earlier and -58% from the quarter before. Operating margin was -536.6%.
Kulr Technology Group, Q4 2025: revenue $2.9M (-15% year over year), operating margin -536.6%, net loss $44.3M, operating cash flow −$13.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.9M | -58% | -15% |
| Operating profit | −$15.4M | — | — |
| Net earnings | −$44.3M | — | — |
| Operating cash flow | −$13.8M | — | — |
What changed
Revenue was $2.9M in Q4 2025, down 15% year over year and down 58% from the previous quarter.
Operating costs exceeded revenue by $15.4M, an operating margin of -536.6%. The fastest-growing cost line was Research & development (+185%). The quarter ended with a net loss of $44.3M, wider than the previous quarter's $7.0M loss. Net interest and other expense of $28.9M was the main reason.
Operating cash flow was −$13.8M. Non-cash charges added back $477K of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items added $27.9M. Capital expenditures of $2.4M exceeded it, leaving free cash flow of −$16.2M.
Questions
What was Kulr Technology Group's revenue in the fourth quarter 2025?
Kulr Technology Group (KULR) reported revenue of $2.9M for the fourth quarter 2025 (Q4 2025), -15% from a year earlier and -58% from the quarter before.
Was Kulr Technology Group profitable in the fourth quarter 2025?
Operating loss was $15.4M (-536.6% of revenue) and net loss $44.3M.