---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-061192"
form_type: "8-K"
ticker: "KULR"
cik: "0001662684"
company_name: "KULR Technology Group, Inc."
filed_at: "2026-05-14T20:16:36+00:00"
generated_at: "2026-05-14T20:47:39.732934+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# KULR Q1 revenue up 98% YoY to $4.85M; net loss widens to $28.1M on bitcoin MTM

## Summary
- Revenue $4.85M vs $2.45M YoY (+98%); gross margin improved to 29% from 8%.
- Operating loss narrowed 22% to $7.39M from $9.44M; SG&A down 9%, R&D down 28%.
- Net loss $28.1M ($0.61/sh) includes $20.8M non-cash bitcoin mark-to-market loss.
- Cash balance $19.0M as of May 13, 2026; no specific guidance provided.
- Management cites growing customer traction and improved cost discipline.

## SEC filing metadata
- accession: 0001104659-26-061192
- form_type: 8-K
- ticker: KULR
- cik: 0001662684
- company_name: KULR Technology Group, Inc.
- filed_at: 2026-05-14T20:16:36+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1662684/000110465926061192/0001104659-26-061192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1662684/000110465926061192/tm2614693d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-061192
- JSON: https://secwatch.observer/filing/0001104659-26-061192.json
- Plain text: https://secwatch.observer/filing/0001104659-26-061192.txt

## Key facts
- Earnings Releases
  KULR Technology Group, Inc. reported the first quarter ended March 31, 2026 results: revenue $4,846,430, net income $28,119,844, EPS $0.61 per share.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $4,846,430
  - Net income: $28,119,844
  - EPS: $0.61 per share
  - Result: reported results
  source text: and telecom infrastructure OEMs, today announced its financial results for the first quarter 2026. First Quarter 2026 Financial Results: Revenues: Revenue increased 98% to $4,846,430 in the first quarter ended March 31, 2026, from $2,448,606 reported in the same year-ago period. Gross Margins: Gross margin was 29% in the first quarter ended March 31, 2026,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662684/000110465926061192/0001104659-26-061192-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.