KULR earnings analysis
What we found in KULR's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
The provided extract is limited to the second-quarter 2026 filing’s controls and other-information sections and does not include revenue, margins, EPS, balance-sheet, cash-flow, segment, or MD&A data. Management reported effective disclosure controls at the reasonable-assurance level and no material changes to the risk factors from the March 31, 2026 Form 10-K. No quantitative financial guidance or outlook change was disclosed.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Controls deemed effective
- Under Item 4, management concluded that disclosure controls and procedures were effective at the reasonable-assurance level as of the end of the reporting period.
- No legal or equity issuance items
- Item 1 reports no legal proceedings, and Item 2 reports no unregistered sales of equity securities or use of proceeds.
- No insider trading arrangements
- During the three months ended June 30, 2026, no director or officer adopted or terminated a Rule 10b5-1 or non-Rule 10b5-1 trading arrangement.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- No updated risk-factor disclosure
- The filing states there were no material changes to the risk factors in the Form 10-K filed March 31, 2026; therefore, the report provides no updated company-specific risk quantification.
- Controls remain imperfect
- Item 4 notes that controls provide reasonable, not absolute, assurance and may not prevent or detect all error and fraud.
What they said about what is next.
The provided filing extract contains no MD&A, financial statements, or quantitative outlook. No guidance change is disclosed; the report states under Item 1A that there were no material changes to previously disclosed risk factors.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 14, 2026
- KULR Technology Group, Inc. reported a significant revenue increase to $4.8 million for Q1 2026, up from $2.4 million in Q1 2025. However, the company experienced a notable decline in EPS to -$0.97 compared to -$0.56 in…
- 10-K · March 31, 2026
- KULR reported record revenue of $16.17 million for 2025 (up 51% vs $10.74M in 2024) driven by new bitcoin mining revenue, grants and higher product sales while gross margin compressed to 4.8% from 51.1% in 2024. The…
- 10-Q · November 18, 2025
- KULR reported a record quarter of revenue at $6,884,840 (Q3 2025), materially beating consensus ($4.0M) and growing 116.1% YoY from $3,185,778 and 72.1% QoQ from $4.0M. Despite top-line strength and a $6.84M fair-value…
- 10-Q · August 14, 2025
- Revenue for Q2 2025 rose to $3,972,997 (+$1,540,992 or +63% vs Q2 2024) and gross profit increased to $713,710, but core operations remain loss-making with an operating loss of $9,451,040. The company reported net…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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