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KULR Technology Group

KULR

KULR Technology Group, Inc. designs and manufactures advanced thermal management and safety solutions for high-performance battery systems and electronic infrastructure.

Market cap
$151.72M-40.6%
Revenue$18.6M+62.4%
Net income-$71.2M-127%
Free cash flow-$47.0M-98.0%
EPS (diluted)-$1.65-60.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (in a month)
Revenue estimate$9.0M
EPS estimate-$0.08

Financials

Q1 2026

Income statement

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Revenue$4.8M+97.9%
Gross profit$1.4M+587%
Operating income-$7.4M+21.8%
Net income-$28.1M-49.5%
EPS (diluted)-$0.61-13.0%

Balance sheet

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Cash & equivalents$7.7M-68.6%
Total debt$1.4M+13.5%
Total equity$94.6M+5.5%
Total assets$105.5M+12.5%

Cash flow

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Operating cash flow-$8.7M+9.6%
CapEx$173.6K+44.4%
Free cash flow-$8.9M+8.9%

Valuation & ratios

Valuation

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Market cap$151.72M-40.6%
Enterprise value$145.4M-36.0%
P/S8.2×-10.8×

Profitability

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Operating margin-220.5%+77.3pp
Net margin-383.5%+256pp
FCF margin-253.1%+71.2pp

Returns & leverage

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Return on equity-77.3%+12.4pp
Debt / equity0.0×
Current ratio1.7×-7.5×

Segments

By product

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Service$682.6K-21.1%
Mining Of Digital Assets$662.3K+165%

By segment

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Energy Management Platform$4.2M+90.3%

By geography

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Non Us$165.2K-84.1%

Competitors

Profile

KULR Technology Group, Inc. designs and manufactures advanced thermal management and safety solutions for high-performance battery systems and electronic infrastructure. The company provides a full-stack platform encompassing battery design, testing, and manufacturing, alongside proprietary vibration-reduction software to enhance system reliability. Its core value proposition centers on mitigating thermal runaway risks and improving energy efficiency across mission-critical applications in aerospace, defense, and industrial sectors.

Competitive position

KULR positions itself as a vertically integrated domestic manufacturer with a unique focus on thermal safety and NASA-proven technology. It differentiates through a cell-agnostic architecture and proprietary vibration-reduction algorithms.

GeographiesUnited States
Customer segmentsEnterprise, Government, Space Agencies
Business modelManufacturing, Product-as-a-Service, Subscription, Engineering Services
SuppliersLithium-ion cell manufacturers, Electronic component suppliers, Raw material providers for thermal shields, CNC and 3D printing equipment providers
CustomersPrime defense contractors, Space exploration agencies, Electric vehicle manufacturers, Data center infrastructure providers
Listed2018
Employees57.0
CEOMichael Mo
FilingsSEC EDGAR

Questions, answered.

What is KULR Technology Group's market cap?
KULR Technology Group (KULR) has a market capitalization of $151.7M and trades on AMEX.
What is KULR Technology Group's revenue and profitability?
KULR Technology Group generated $18.6M in trailing twelve-month revenue with a net loss of $71.2M, representing a net margin of -383.5%. Gross margin stands at 22.1%, with free cash flow of -$47.0M. These figures are based on the Q1 2026 filing.
Who are KULR Technology Group's competitors?
KULR Technology Group's key competitors include Enovix, Honeywell International, Ultralife Corporation, and others. These companies compete in similar markets and product categories.
Who does KULR Technology Group partner with?
KULR Technology Group's notable partners include Lockheed Martin, Leidos, NASA, and others.
Where is KULR Technology Group headquartered?
KULR Technology Group is headquartered in United States of America and employs approximately 57 people. It has been publicly traded since 2018.