KULR Technology Group (NYSEAMERICAN:KULR) Announces Earnings Results

KULR Technology Group (NYSEAMERICAN:KULR) announced its quarterly earnings data on Thursday. The company reported ($0.61) earnings per share (EPS) 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 business had revenue of $4.85 million during the quarter, compared to the consensus estimate 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 1.7%

Shares of KULR stock traded down $0.06 on Friday, reaching $3.75. The company had a trading volume of 1,721,580 shares, compared to its average volume of 1,746,120. The stock has a market cap of $173.25 million, a PE ratio of -2.54 and a beta of 2.00. The company has a 50-day moving average of $2.61 and a 200-day moving average of $3.05. KULR Technology Group has a 12 month low of $1.94 and a 12 month high of $11.04.

Hedge Funds Weigh In On KULR Technology Group

A number of hedge funds and other institutional investors have recently made changes to their positions in KULR. Russell Investments Group Ltd. grew its position in shares of KULR Technology Group by 201.7% in the 4th quarter. Russell Investments Group Ltd. now owns 9,167 shares of the company’s stock valued at $27,000 after purchasing an additional 6,129 shares during the period. BNP Paribas Financial Markets boosted its position in KULR Technology Group by 147.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,956 shares of the company’s stock worth $29,000 after buying an additional 4,150 shares during the period. Focus Partners Wealth acquired a new stake in KULR Technology Group in the third quarter valued at $42,000. LPL Financial LLC lifted its holdings in KULR Technology Group by 51.1% during the 4th quarter. LPL Financial LLC now owns 16,158 shares of the company’s stock worth $48,000 after buying an additional 5,466 shares during the period. Finally, AQR Capital Management LLC grew its position in shares of KULR Technology Group by 62.7% in the 4th quarter. AQR Capital Management LLC now owns 23,614 shares of the company’s stock valued at $70,000 after buying an additional 9,098 shares during the last quarter. 21.23% of the stock is owned by institutional investors.

KULR Technology Group Company Profile

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.