KULR Technology Group, Inc. (KULR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 4.85M | 2.86M | 6.88M | 3.97M | 2.45M | 3.37M | 3.19M | 2.43M | 1.75M | 2.33M | 3.04M | 2.7M | 1.76M | 1.81M | 1.39M | 587.55K | 200.5K | 765.8K | 600.92K | 628.24K |
| Revenue Growth % | 97.93% | -15.03% | 116.11% | 63.36% | 39.99% | 44.42% | 4.76% | -9.78% | -0.61% | 28.7% | 118.28% | 358.77% | 777.71% | 136.8% | 131.84% | -6.48% | -52.02% | 267.31% | 339.11% | 212.36% |
| Cost of Goods Sold | 3.43M | 3.64M | 6.26M | 3.26M | 2.24M | 1.23M | 928.33K | 1.86M | 1.24M | 1.65M | 1.7M | 1.69M | 1.12M | 151.57K | 932.36K | 423.67K | 122.92K | 232.43K | 155.14K | 439.21K |
| COGS % of Revenue | 70.76% | 127.16% | 90.87% | 82.04% | 91.57% | 36.44% | 29.14% | 76.45% | 70.8% | 70.74% | 56.02% | 62.82% | 63.44% | 8.36% | 66.92% | 72.11% | 61.31% | 30.35% | 25.82% | 69.91% |
| Gross Profit | 1.42M | -777.96K | 628.88K | 713.71K | 206.34K | 2.14M | 2.26M | 572.63K | 510.79K | 682.83K | 1.34M | 1M | 643.39K | 1.66M | 460.82K | 163.87K | 77.58K | 533.37K | 445.78K | 189.04K |
| Gross Margin % | 29.24% | -27.16% | 9.13% | 17.96% | 8.43% | 63.56% | 70.86% | 23.55% | 29.2% | 29.26% | 43.98% | 37.18% | 36.56% | 91.64% | 33.08% | 27.89% | 38.69% | 69.65% | 74.18% | 30.09% |
| Gross Profit Growth % | 586.86% | -136.31% | -72.14% | 24.64% | -59.6% | 213.74% | 68.79% | -42.86% | -20.61% | -58.91% | 190.23% | 511.56% | 729.31% | 211.57% | 3.37% | -13.31% | -45.61% | 217.9% | 487.47% | 18.36% |
| Operating Expenses | 8.8M | 14.98M | 9.37M | 9.38M | 9.65M | 5.68M | 3.97M | 5.9M | 5.17M | 5.66M | 6.43M | 7M | 6.9M | 5.65M | 5.42M | 5.33M | 4.26M | 4.55M | 3.59M | 3.08M |
| OpEx % of Revenue | 181.63% | 523.16% | 136.06% | 236.05% | 394.11% | 168.61% | 124.55% | 242.59% | 295.44% | 242.39% | 211.59% | 259.68% | 392.32% | 311.51% | 388.98% | 906.42% | 2122.84% | 593.65% | 596.79% | 489.63% |
| Selling, General & Admin | 6.53M | 7.86M | 6.26M | 6.94M | 7.2M | 4.44M | 2.74M | 4.59M | 4.21M | 4.34M | 4.61M | 5.59M | 5.1M | 4.46M | 4.35M | 4.33M | 3.53M | 3.84M | 3.1M | 2.72M |
| SG&A % of Revenue | 134.78% | 274.45% | 90.98% | 174.72% | 294.06% | 131.64% | 85.86% | 188.92% | 240.86% | 185.77% | 151.69% | 207.44% | 289.75% | 246.06% | 312.19% | 736.31% | 1763.06% | 501.64% | 516.61% | 433.48% |
| Research & Development | 1.77M | 3.55M | 2.32M | 2.44M | 2.45M | 1.25M | 1.23M | 1.31M | 954.63K | 1.32M | 1.82M | 1.41M | 1.81M | 1.19M | 1.07M | 999.48K | 721.35K | 704.6K | 481.86K | 352.74K |
| R&D % of Revenue | 36.53% | 123.79% | 33.74% | 61.33% | 100.05% | 36.97% | 38.68% | 53.67% | 54.58% | 56.63% | 59.9% | 52.24% | 102.57% | 65.45% | 76.79% | 170.11% | 359.78% | 92.01% | 80.19% | 56.15% |
| Other Operating Expenses | 500K | 1000K | 780.64K | 0 | 0 | 0 | 0 | 0 | -13K | -10.95K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -7.39M | -15.76M | -8.74M | -8.66M | -9.44M | -3.54M | -1.71M | -5.33M | -4.66M | -4.97M | -5.1M | -6M | -6.26M | -3.99M | -4.96M | -5.16M | -4.18M | -4.01M | -3.14M | -2.89M |
| Operating Margin % | -152.38% | -550.32% | -126.92% | -218.09% | -385.68% | -105.05% | -53.69% | -219.04% | -266.24% | -213.13% | -167.61% | -222.5% | -355.76% | -219.87% | -355.9% | -878.53% | -2084.14% | -524% | -522.61% | -459.54% |
| Operating Income Growth % | 21.8% | -345.12% | -410.94% | -62.65% | -102.8% | 28.82% | 66.45% | 11.18% | 25.62% | -24.76% | -2.8% | -16.19% | -49.82% | 0.64% | -57.89% | -78.79% | -183.66% | -492.64% | -287.47% | -793.42% |
| EBITDA | -7.08M | -15.28M | -8.41M | -8.37M | -9.15M | -3.28M | -1.39M | -4.78M | -3.98M | -4.29M | -4.43M | -5.32M | -6.01M | -3.87M | -4.91M | -5.11M | -4.14M | -3.97M | -3.12M | -2.88M |
| EBITDA Margin % | -146.04% | -533.65% | -122.12% | -210.65% | -373.66% | -97.27% | -43.64% | -196.59% | -227.77% | -183.94% | -145.55% | -197.49% | -341.55% | -213.33% | -352.15% | -870.52% | -2063.47% | -518.96% | -519.41% | -458.72% |
| EBITDA Growth % | 22.64% | -366.14% | -504.7% | -75.05% | -129.66% | 23.62% | 68.59% | 10.18% | 33.72% | -10.97% | 9.78% | -4.08% | -45.28% | 2.66% | -57.19% | -77.48% | -181.75% | -491.46% | -287.5% | -805.82% |
| D&A (Non-Cash Add-back) | 307.49K | 477.49K | 330.97K | 295.36K | 294.37K | 262.14K | 319.92K | 545.91K | 672.87K | 681.3K | 670.71K | 674.18K | 250.19K | 118.57K | 52.28K | 47.09K | 41.46K | 38.55K | 19.26K | 5.14K |
| EBIT | -7.39M | -44.25M | -6.84M | 8.14M | -18.71M | -4.43M | -1.7M | -5.33M | -4.7M | -4.99M | -5.14M | -5.92M | -6.2M | -3.96M | -4.78M | -5.11M | -4.14M | -4.07M | -3.1M | -3.01M |
| Net Interest Income | 33.05K | 83.43K | -4.98K | 166.85K | 75.15K | -175.49K | -306.9K | -560.73K | -307.78K | -208.26K | -422.47K | -411.66K | -406.25K | -495.45K | -805.75K | -145.59K | -906 | -947 | -758 | -20.84K |
| Interest Income | 38.49K | 95.46K | 130.41K | 168.97K | 168.42K | 10.57K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 5.44K | 12.03K | 135.39K | 2.12K | 93.28K | 186.06K | 306.9K | 560.73K | 307.78K | 208.26K | 422.47K | 411.66K | 406.25K | 495.45K | 805.75K | 145.59K | 906 | 947 | 758 | 20.84K |
| Other Income/Expense | -20.73M | -28.5M | 1.76M | 16.81M | -9.36M | -1.08M | -293.46K | -563.47K | -352.14K | -219.21K | -465.25K | -337.58K | -342.14K | -471.54K | -628.18K | -92.91K | 42.13K | -60.58K | 44.55K | -140.14K |
| Pretax Income | -28.12M | -44.26M | -6.97M | 8.14M | -18.81M | -4.62M | -2M | -5.89M | -5.01M | -5.19M | -5.56M | -6.33M | -6.6M | -4.46M | -5.59M | -5.25M | -4.14M | -4.07M | -3.1M | -3.03M |
| Pretax Margin % | -580.22% | -1545.46% | -101.29% | 204.94% | -768.06% | -137.08% | -62.9% | -242.21% | -286.37% | -222.53% | -182.91% | -235.02% | -375.2% | -245.87% | -400.99% | -894.34% | -2063.13% | -531.91% | -515.2% | -481.84% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -28.12M | -44.26M | -6.97M | 8.14M | -18.81M | -4.62M | -2M | -5.89M | -5.01M | -5.19M | -5.56M | -6.33M | -6.6M | -4.46M | -5.59M | -5.25M | -4.14M | -4.07M | -3.1M | -3.03M |
| Net Margin % | -580.22% | -1545.46% | -101.29% | 204.94% | -768.06% | -137.08% | -62.9% | -242.21% | -286.37% | -222.53% | -182.91% | -235.02% | -375.2% | -245.87% | -400.99% | -894.34% | -2063.13% | -531.91% | -515.2% | -481.84% |
| Net Income Growth % | -49.52% | -857.94% | -248.04% | 238.22% | -275.47% | 11.03% | 63.98% | 7.02% | 24.14% | -16.48% | 0.44% | -20.56% | -59.62% | -9.46% | -80.45% | -73.59% | -141.24% | -374.42% | -205.84% | -605.65% |
| Net Income (Continuing) | -28.12M | -44.26M | -6.97M | 8.14M | -18.81M | -4.62M | -2M | -5.89M | -5.01M | -5.19M | -5.56M | -6.33M | -6.6M | -4.46M | -5.59M | -5.25M | -4.14M | -4.07M | -3.1M | -3.03M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.61 | -0.96 | -0.17 | 0.22 | -0.10 | -0.02 | -0.01 | -0.03 | -0.04 | -0.04 | -0.05 | -0.05 | -0.06 | -0.04 | -0.05 | -0.05 | -0.04 | -0.04 | -0.03 | -0.06 |
| EPS Growth % | -510% | -3900% | -1550.49% | 776.92% | -184.09% | 40.59% | 78.32% | 40.8% | 39.83% | -1% | 10.21% | -9.15% | -44.8% | 5.88% | -69.01% | 17.68% | -112.63% | -304.76% | -154.47% | - |
| EPS (Basic) | -0.61 | -0.96 | -0.17 | 0.22 | -0.07 | -0.02 | -0.01 | -0.03 | -0.04 | -0.04 | -0.05 | -0.05 | -0.06 | -0.04 | -0.05 | -0.05 | -0.04 | -0.04 | -0.03 | -0.06 |
| Diluted Shares Outstanding | 46.25M | 39.73M | 41.14M | 37.59M | 186.6M | 186.6M | 194.5M | 181.47M | 142.36M | 128.43M | 117.14M | 115.38M | 112.88M | 111.47M | 105.57M | 104.55M | 102.56M | 95.75M | 99.02M | 92.51M |
| Basic Shares Outstanding | 46.25M | 39.73M | 41.14M | 37.27M | 186.6M | 186.6M | 194.5M | 181.47M | 142.36M | 128.43M | 117.14M | 115.38M | 112.88M | 111.47M | 105.57M | 104.55M | 102.5M | 95.75M | 99.02M | 92.51M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |