KULR Technology Group (NYSEAMERICAN:KULR) Announces Earnings Results, Misses Estimates By $0.53 EPS

KULR Technology Group (NYSEAMERICAN:KULR) posted its quarterly earnings data on Thursday. The company reported ($0.61) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.53), FiscalAI reports. KULR Technology Group had a negative net margin of 382.78% and a negative return on equity of 47.78%. The firm had revenue of $4.85 million during the quarter, compared to analysts’ expectations of $8.50 million.

Here are the key takeaways from KULR Technology Group’s conference call:

• Q1 showed sharp improvement, with total revenue up 98% year over year to $4.8 million, product sales up 84%, and blended gross margin expanding to 29% from 8% in the prior-year quarter.
• Management said the company is seeing stronger traction across KULR ONE Air, including broad adoption of the S3P lift battery, new long-duration configurations, and progress on BMS programs for large UAVs and defense applications.
• The company is scaling production capacity with a new 25,000 sq. ft. manufacturing facility, where new lines are expected to start in Q3 and support capacity of 10,000 battery packs per month.
• Cost discipline improved in Q1, with management highlighting lower R&D and SG&A expenses and a 22% decline in operating loss, while saying further margin and pricing discipline will be a focus in 2026.
• KULR emphasized its push into multiple end markets beyond drones, including space, maritime, data center, telecom, and humanoid robots, and said it is pursuing NDAA-compliant, domestic battery and BMS solutions to align with customer demand.

KULR Technology Group Trading Down 5.9%

Shares of NYSEAMERICAN:KULR traded down $0.24 during midday trading on Thursday, hitting $3.81. 5,470,241 shares of the stock were exchanged, compared to its average volume of 1,699,856. The stock has a market cap of $176.21 million, a P/E ratio of -2.57 and a beta of 2.00. KULR Technology Group has a twelve month low of $1.94 and a twelve month high of $12.80. The company has a 50 day moving average price of $2.61 and a 200-day moving average price of $3.05.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in KULR Technology Group by 9.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,981,975 shares of the company’s stock valued at $8,245,000 after buying an additional 177,617 shares during the period. Goldman Sachs Group Inc. boosted its holdings in KULR Technology Group by 81.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 977,318 shares of the company’s stock worth $1,290,000 after acquiring an additional 438,526 shares during the period. Geode Capital Management LLC boosted its holdings in KULR Technology Group by 12.1% in the 4th quarter. Geode Capital Management LLC now owns 868,061 shares of the company’s stock worth $2,570,000 after acquiring an additional 94,017 shares during the period. Marshall Wace LLP purchased a new position in KULR Technology Group in the 4th quarter worth approximately $1,900,000. Finally, State Street Corp boosted its holdings in KULR Technology Group by 1.5% in the 4th quarter. State Street Corp now owns 626,408 shares of the company’s stock worth $1,854,000 after acquiring an additional 9,290 shares during the period. Institutional investors and hedge funds own 21.23% of the company’s stock.

About KULR Technology Group

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes. The company's technologies are used in electric vehicles, energy storage, battery recycling transportation, cloud computing, and 5G communication devices.