KULR Q3 revenue up 116% to $6.88M but net loss widens to $6.97M; gross margin drops to 9%

KULR Technology Group, Inc.

2025-Q3 EPS reported -$0.47 revenue$13,306,443

Revenue increased 116% to $6.88M from $3.18M YoY; product sales up 112% to $1.62M.
Net loss of $6.97M ($0.17 per share) vs $2.00M ($0.08) YoY; operating loss $8.74M.
Gross margin fell to 9% from 71% due to higher service contract hours and digital asset mining lease costs.
Partnerships: Amprius/Molicel for KULR ONE Air UAS battery; Soluna 3.3MW Bitcoin mining hosting.
Launched six new K1S CubeSat batteries and next-gen kBMS for defense and space applications.

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