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MARKETS / NYSE / KULR
NYSE · ELECTRONIC COMPONENTS & ACCESSORIES · SMALL CAP

Kulr Technology Group, Inc. KULR

10 fiscal years on record · USD · FY2025 reported · SEC filings only
$16.2M
▲ 50.6% YoY
$-61.9M
$-47.9M
In brief

What this company does

KULR designs and builds advanced battery systems for autonomous platforms, digital infrastructure, e-mobility and Space – sold as a product or delivered as service subscription. KULR is establishing a fully integrated battery energy storage system design and production infrastructure in Houston, Texas. KULR ONE® is the Company’s modular, cell-agnostic battery architecture platform. As of December 31, 2025, we had 47 full-time employees and 28 contractors. We have adopted bitcoin as one of our primary treasury reserve assets on an ongoing basis, subject to market conditions and our anticipated cash needs. As of December 31, 2025, we held a total of 1,000.99 bitcoins that were acquired at an aggregate purchase price of approximately $100.7 million for an average purchase price of approximately $100,600 per bitcoin, inclusive of fees and expenses.

Written from the business description in KULR Technology Group, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
USD 16.2M
Revenue, FY2025 · full 10-year series below
Revenue $M Net income $M
FY2025 · Revenue 16.2 · Net income -61.9
8.0M16.0M-25.0M-50.0M2016201720182019202020212022202320242025
Compound annual growth
+59.4%
+91.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +91.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−383 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -265.9% · Net -382.8%
-5000%-10000%2016201720182019202020212022202320242025
ROE
FY2025 · ROE -69.1%
-500%-1000%2016201720182019202020212022202320242025

Each USD of equity lost 69 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -47.9
-20M-40M2016201720182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks -123.1
-50M-100M202320242025

Total assetsUSD 2.9M
EquityUSD 121.6M
CashUSD 13.3M
Current ratio4.07×

Equity funds 4198% of total assets.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016
Revenue $B0.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B····0.00.00.00.00.00.0
Net income $B−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−1.56−0.75−0.20−0.18−0.15−0.03−0.02−0.03−0.04−0.02
Dividend / sh $··········
Payout %··········
ROE %−69.1−63.4−570.2−144.7−106.0−107.1·−669.8−1026.1·
Shares out B0.050.030.130.110.100.090.080.080.080.05

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 2 failures in 50 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 45 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente2 failures
ActivityElectronic Components & Accessories
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2016

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