Nauticus Robotics (KITT)
NASDAQ:KITT
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Earnings Data
Report Date
May 18, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.28Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed meaningful operational and strategic progress — strong YoY revenue growth, the SeaTrepid acquisition and integration, tangible Aquanaut milestones, ToolKITT real-world deployments, improved cash and equity position and a promising MIG partnership for international expansion. However, these positives are tempered by continued adjusted losses, modest absolute revenue, reliance on transactional ROV work and concentrated customers, an earlier Aquanaut field pullback that reduced 2025 revenue, and execution risks tied to long sales cycles and geopolitical delays. Management’s tone was optimistic and execution-focused, with emphasis on converting technical progress into repeatable revenue in 2026.Company Guidance
Strong Revenue Growth
2025 revenue of $5.3 million, up $3.5 million versus 2024 (over 190% year-over-year growth from $1.8M). Growth driven largely by the SeaTrepid acquisition and expanded ROV services and customer engagements.
Improved Liquidity and Balance Sheet
Cash of $7.6 million at year-end 2025 versus $1.3 million a year earlier (increase of ~$6.3M, roughly +485%). Shareholders' equity improved to $7.0 million from a $20.4 million deficit in 2024. Management completed ATM equity raises, convertible debt financings, and conversion of some debt to equity, increasing financial flexibility and NASDAQ compliance actions (including an 8-for-1 reverse split).
Acquisition & Integration of SeaTrepid
Early-2025 SeaTrepid acquisition immediately expanded operational capabilities, diversified customer base and revenue streams. Integration drove revenue uplift and improved cost-of-revenue metrics (management noted an improvement in cost of revenue as a percentage of revenue by approximately 300 percentage points).
Aquanaut Technical Milestones and Testing Ramp
Aquanaut achieved successful operation at 2,300 meters (certified to 3,000m). Two Aquanaut vehicles are in-water and certification testing is complete. Testing tempo increased substantially via a private test lake (roughly 40 hours/week in-water testing) to accelerate reliability and field readiness.
Nauticus ToolKITT Progress and Third-Party Deployments
ToolKITT evolved from R&D to real-world deployment: modular autonomy layer now exercised in field operations, installed on a light work-class third-party ROV (proof-of-concept), showing operator efficiency gains and early commercial traction. Management expects software revenue traction in 2026 with prioritized inspection workflows (mooring lines, risers, leak detection).
Strategic International Partnership (MIG) and Gulf Expansion
Master Investment Group (MIG) committed $3 million initial investment with potential to scale to $50 million to support UAE/GCC expansion, regional manufacturing and distribution. Management cited potential to pursue multi-unit Aquanaut production (targeting volume builds to lower per-unit cost and improve supplier lead times) and an approximate 18-month timeline for first regional production unit.
Access to Capital Tools
Company has an equity line of credit (ELOC) available (discussed up to $250M capacity) and secured additional convertible debt in early 2026, providing optionality to support targeted commercialization and defense-related investments while remaining disciplined on capital deployment.
KITT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KITT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 16, 2026 | $4.06 | $3.24 | -20.28% |
Nov 14, 2025 | $11.44 | $10.48 | -8.39% |
Aug 11, 2025 | $66.69 | $67.44 | +1.11% |
May 14, 2025 | $78.48 | $72.72 | -7.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nauticus Robotics (KITT) report earnings?
Nauticus Robotics (KITT) is schdueled to report earning on May 18, 2026, Before Open (Confirmed).
What is Nauticus Robotics (KITT) earnings time?
Nauticus Robotics (KITT) earnings time is at May 18, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What is KITT EPS forecast?
Currently, no data Available