tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

KULR Technology Group Reports Strong Revenue Growth

KULR Technology Group Reports Strong Revenue Growth

KULR Technology Group ( (KULR) ) has released its Q3 earnings. Here is a breakdown of the information KULR Technology Group presented to its investors.

TipRanks Black Friday Sale

KULR Technology Group, Inc. is a Bitcoin+ Treasury company that specializes in high-performance energy systems and AI Robotics, delivering advanced energy storage solutions for sectors like space, aerospace, and defense. In its third-quarter 2025 earnings report, KULR Technology Group announced a significant revenue increase of 116% compared to the same period last year, reaching $6.88 million. The company also highlighted strategic partnerships and product launches that are expected to drive future growth. Key financial metrics revealed a decrease in gross margins to 9% due to increased service contract hours and digital asset mining costs, alongside a rise in SG&A and R&D expenses. Despite a net loss of $6.97 million, KULR’s CFO emphasized the company’s record revenue and growth potential. Looking forward, KULR is poised to continue its expansion and innovation efforts, leveraging its strategic partnerships and technological advancements to enhance its market position.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1