What is KRAKacquisition's net income?

KRAKacquisition (KRAQ) reported net income of -$8.91M in Q1 2026.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

KRAKacquisition (KRAQ) Net Income

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$1.1M—

Segments

By segment

See full

Single-$8.91M—

Other financials

Income statement

See full

Operating income-$11.0M—

EPS (diluted)-$0.01—

Balance sheet

See full

Cash & equivalents$824.6K—

Total debt$77.4K—

Total equity-$19.9M—

Total assets$348.0M—

Cash flow

See full

Operating cash flow-$669.9K—

Valuation

See full

Market cap$431.68M+1.1%

Enterprise value$430.93M—

Returns & leverage

See full

Debt / equity-0×—

Current ratio7.7×—

Where this comes from

Reported directly by KRAKacquisition in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: KRAKacquisition’s 10-Q, filed May 15, 2026.

Filed: May 15, 2026, 4:07 PM EDT
Fiscal quarter: Q1 FY2026
Calendar quarter: Q1 2026
Accession: 0001140361-26-021655


General and administrative expenses	$10,965,430
Loss from operations	(10,965,430)
Other income:
Interest income	2,054,610
Other income	—
Net loss	$(8,910,820)

Item 1. Financial Statements

FAQ

What is KRAKacquisition's net income?: KRAKacquisition (KRAQ) reported net income of -$8.91M in Q1 2026.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.