KULR Technology Group, Inc. (KULR)

KULR Technology Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	16.17	10.74	9.83	3.99	2.41
Revenue Growth (YoY)	50.60%	9.23%	146.09%	65.55%	286.70%
Cost of Revenue	15.4	5.25	6.16	1.63	1.1
Gross Profit	0.77	5.48	3.67	2.36	1.31
Selling, General & Admin	27.7	15.98	18.94	16.45	11.16
Research & Development	10.76	4.74	7.14	4.2	1.66
Other Operating Expenses	5.32	-	-	-	-
Total Operating Expenses	43.77	20.72	26.08	20.65	12.82
Operating Income	-43	-15.24	-22.41	-18.29	-11.51
Interest Income	0.56	0.01	-	-	-
Interest Expense	-0.24	-1.36	-1.45	-1.45	-0.13
Other Non-Operating Income (Expense)	-19.22	-0.94	0.17	0.3	-0.27
Total Non-Operating Income (Expense)	-18.9	-2.29	-1.28	-1.15	-0.4
Pretax Income	-61.9	-17.52	-23.69	-19.44	-11.91
Net Income	-61.9	-17.52	-23.69	-19.44	-26.45
Net Income Attributable to Preferred Dividends	-	-	-	-	2.62
Net Income to Common	-61.9	-17.52	-23.69	-19.44	-26.45
Shares Outstanding (Basic)	40	23	15	13	12
Shares Outstanding (Diluted)	40	23	15	13	12
Shares Change (YoY)	70.32%	58.37%	11.51%	10.35%	16.72%
EPS (Basic)	-1.56	-0.75	-1.60	-1.44	-1.20
EPS (Diluted)	-1.56	-0.75	-1.60	-1.44	-1.20
Shares Outstanding	46.04	33.08	16.74	14.13	13.1
Free Cash Flow	-48.68	-17.94	-12.88	-21.46	-9.34
Free Cash Flow Per Share	-1.23	-0.77	-0.87	-1.62	-0.78
Gross Margin	4.77%	51.07%	37.29%	59.18%	54.33%
Operating Margin	-265.92%	-141.89%	-227.99%	-457.76%	-477.17%
Profit Margin	-382.80%	-163.20%	-241.03%	-486.56%	-493.65%
FCF Margin	-301.02%	-167.06%	-130.99%	-537.18%	-387.21%
EBITDA	-41.6	-13.43	-20.2	-18.03	-11.45
EBITDA Margin	-257.27%	-125.11%	-205.47%	-451.27%	-474.36%
EBIT	-43	-15.24	-22.41	-18.29	-11.51
EBIT Margin	-265.92%	-141.89%	-227.99%	-457.76%	-477.17%

Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q