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KULRKULR Technology Group, Inc.
$3.51$162M
Overview & Verdict
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KULR logoKULR Technology Group, Inc.(KULR)Earnings, Financials & Key Ratios

KULR•AMEX
$3.51
Price updated Jul 7, 2026
SectorTechnologyIndustryTech Hardware & EquipmentSub-IndustryThermal Management and Engineered Materials
AboutKULR Technology Group, Inc., through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for batteries, electronics, and other components applications in the United States. It offers lithium-ion battery thermal runaway shields; fiber thermal interface materials; phase change material heatsinks; internal short circuit device; KULR battery cell screening and testing automation system and tech safe case; cellcheck; and CRUX cathodes. The company's technologies are used in electric vehicles, energy storage, battery recycling transportation, cloud computing, and 5G communication devices. It sells its products for applications, such as lithium-ion battery energy storage, electric vehicles, 5G communication, cloud computer infrastructure, consumer, and industrial devices. The company was formerly known as KT High-Tech Marketing Inc. and changed its name to KULR Technology Group, Inc. in August 2018. KULR Technology Group, Inc. was founded in 2013 and is based in San Diego, California.Show more
  • Revenue$16M+50.6%
  • EBITDA-$41M-202.5%
  • Net Income-$62M-253.2%
  • EPS (Diluted)-1.56-1561.3%
  • Gross Margin4.77%-90.7%
  • EBITDA Margin-251.33%-100.9%
  • Operating Margin-259.98%-83.2%
  • Net Margin-382.8%-134.6%
  • ROE-69.15%-9.0%

KULR Price & Volume

KULR Technology Group, Inc. (KULR) stock price & volume — 10-year historical chart

Loading chart...

Persistent Operating Losses Obscure Revenue Growth Potential

Investment Thesis • Updated 2026Q1

VerdictNegative: The company's persistent cash burn
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Persistent capital dependency risk

Key Thesis Takeaways

  • KULR Technology Group faces a challenging fundamental outlook characterized by extreme revenue volatility tied to lumpy, project-based government contracts and a persistent inability to achieve operational profitability.
  • While the company has demonstrated top-line expansion, such as the 97.9% revenue growth in 2026Q1, this is consistently offset by an unsustainable cost structure and significant stock-based compensation.
  • Investors should remain cautious as the firm's reliance on external capital to fund its $8.9 million free cash flow deficit in 2026Q1 threatens long-term shareholder value.

Verdict Logic

highlighted by a $8.9 million free cash flow deficit in 2026Q1, suggests a high risk of continued shareholder dilution and capital dependency.

KULR Growth Metrics

KULR Technology Group, Inc. (KULR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years133.89%
5 Years91.74%
3 Years59.37%
TTM62.35%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-127.36%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-811.27%

Return on Capital

10 Years-241.68%
5 Years-112.94%
3 Years-115.23%
Last Year-46.46%

KULR Recent Earnings

KULR Technology Group, Inc. (KULR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 1/12 qtrs (8%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 14, 2026
Metric
Actual
Est
EPS
$0.16-100.0%
$0.08
Rev
$5M-43.0%
$9M
Q2 2026
Mar 31, 2026
Metric
Actual
Est
EPS
$0.74-825.0%
$0.08
Rev
$3M-64.2%
$8M
Q4 2025
Nov 18, 2025
Metric
Actual
Est
EPS
$0.26-225.0%
$0.08
Rev
$7M+56.5%
$4M
Q3 2025
Aug 14, 2025
Metric
Actual
Est
EPS
$0.15-25.0%
$0.12
Rev
$4M-20.5%
$5M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 14, 2026
$0.16vs $0.08-100.0%
$5Mvs $9M-43.0%
Q2 2026Mar 31, 2026
$0.74vs $0.08-825.0%
$3Mvs $8M-64.2%
Q4 2025Nov 18, 2025
$0.26vs $0.08-225.0%
$7Mvs $4M+56.5%
Q3 2025Aug 14, 2025
$0.15vs $0.12-25.0%
$4Mvs $5M-20.5%
Based on last 12 quarters of dataView full earnings history →

Latest KULR News

Recent stock market news and headlines for KULR Technology Group, Inc. (KULR)

Seeking Alpha·Jun 26, 2026
Update On KULR Technology Group: Still An Attractive Takeover Candidate

KULR Technology Group, Inc. remains a Buy, driven by its IP-rich battery technology and ongoing takeover appeal at a $170M market cap. Recent KULR leadership changes—new CFO and board member—target improved financial discipline, pricing, and sales execution to address persistent profitability challenges. KULR's battery systems serve high-demand sectors like defense, aerospace, and AI, with thermal safety and rapid mission-specific design as differentiators.

GlobeNewsWire·Jun 26, 2026
KULR Technology Group Reaffirms Non-Dilutive Growth Strategy, Extends At-the-Market Offering Pause Through September 2026

HOUSTON, June 26, 2026 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a developer of safe, high-power energy systems that enable physical AI across space, defense, drones, data centers, robotics, and other mission-critical applications, today announced that, as part of its non-dilutive growth strategy, it has extended the pause of its at-the-market (“ATM”) equity offering program with Cantor Fitzgerald and Craig-Hallum through September 30, 2026. KULR expects its existing liquidity, together with disciplined balance-sheet management, to support its planned operations and growth initiatives.

GlobeNewsWire·Jun 24, 2026
KULR Technology Group Chairman and CEO Michael Mo Releases Shareholder Letter

HOUSTON, June 24, 2026 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), an energy-systems platform company that enables the safe, certifiable deployment of ultra-high-power lithium battery systems for space and defense programs, mobility applications, hyperscale AI data centers, and telecom infrastructure applications, today published a letter from the Company's Chairman and Chief Executive Officer, Michael Mo. The letter is available on the Company's investor relations page and the full text of the letter is as follows: KULR TECHNOLOGY GROUP, INC.

Globe News Wire·Jun 24, 2026
KULR Technology Group Chairman and CEO Michael Mo Releases Shareholder Letter

HOUSTON, June 24, 2026 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), an energy-systems platform company that enables the safe, certifiable deployment of ultra-high-power lithium battery systems for space and defense programs, mobility applications, hyperscale AI data centers, and telecom infrastructure applications, today published a letter from the Company's Chairman and Chief Executive Officer, Michael Mo.

Peers Comparison

Key metrics vs top competitors for KULR Technology Group, Inc. (KULR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
KULR logoKULRKULR Technology Group, Inc.Current
$3.51$162.36M-2.2550.6%-382.8%-69.15%—
AEHR logoAEHRAehr Test Systems
$66.94$2.11B-514.92-10.95%-25.23%-8.87%—
CODA logoCODACoda Octopus Group, Inc.
$9.30$104.91M25.1430.75%17.66%8.33%—
PGNY logoPGNYProgyny, Inc.
$30.78$2.41B47.3510.4%5.23%13.34%—
AMSC logoAMSCAmerican Superconductor Corporation
$35.55$1.7B11.6634.26%44.73%30.28%—
VICR logoVICRVicor Corporation
$257.34$11.61B98.6013.55%28.98%20.21%—

Compare KULR vs Peers

KULR Technology Group, Inc. (KULR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AEHR

Most directly comparable listed peer for KULR.

Scale Benchmark

vs VICR

Larger-name benchmark to compare KULR against a more recognizable public peer.

Peer Set

Compare Top 5

vs AEHR, CODA, PGNY, AMSC

KULR SEC Filings & Documents

KULR Technology Group, Inc. (KULR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 21, 2026·SEC

Material company update

May 14, 2026·SEC

Material company update

Apr 28, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 31, 2026·SEC

FY 2025

Mar 31, 2025·SEC

10-Q Quarterly Reports

4
FY 2026

May 14, 2026·SEC

FY 2025

Nov 18, 2025·SEC

FY 2025

Aug 14, 2025·SEC

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KULR Frequently Asked Questions

KULR Technology Group, Inc. (KULR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is KULR Technology Group, Inc.'s revenue?

KULR Technology Group, Inc. (KULR) reported $18.6M in revenue for fiscal year 2025. This represents a 562574% increase from $0.0M in 2015.

How fast is KULR Technology Group, Inc. growing?

KULR Technology Group, Inc. (KULR) grew revenue by 50.6% over the past year. This is strong growth.

Is KULR profitable?

KULR Technology Group, Inc. (KULR) reported a net loss of $71.2M for fiscal year 2025.

Dividend & Returns
What is KULR's return on equity?

KULR Technology Group, Inc. (KULR) has a return on equity (ROE) of -69.1%. Negative ROE indicates the company is unprofitable.

What is KULR Technology Group, Inc.'s free cash flow?

KULR Technology Group, Inc. (KULR) had negative free cash flow of $46.9M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in KULR back in 2015?

Total return calculator · dividends reinvested · 11+ years of data

See returns →