---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-023754"
form_type: "8-K"
ticker: "KITT"
cik: "0001849820"
company_name: "Nauticus Robotics, Inc."
filed_at: "2023-03-28T23:59:59+00:00"
generated_at: "2026-06-17T13:38:03.352862+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nauticus Robotics FY2022 revenue up 33% to $11.4M; net loss widens to $33.2M

## Summary
- FY2022 revenue $11.4M (+33% YoY); net loss $33.2M ($1.75/share) vs $15.1M loss in 2021.
- Q4 revenue $3.2M, exceeding expectations; Q4 net loss $8.2M ($0.21/share).
- Cash and short-term investments $23.0M; working capital surplus $33.1M at year-end.
- Supply chain delays for Aquanaut/Hydronaut units; delivery expected Q2-Q3 2023.
- Each Nauticus Fleet pair expected to generate $6-10M revenue per year; progress on DIU and Shell.

## SEC filing metadata
- accession: 0001213900-23-023754
- form_type: 8-K
- ticker: KITT
- cik: 0001849820
- company_name: Nauticus Robotics, Inc.
- filed_at: 2023-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849820/000121390023023754/0001213900-23-023754-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849820/000121390023023754/ea175879-8k_nauticusrobo.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-023754
- JSON: https://secwatch.observer/filing/0001213900-23-023754.json
- Plain text: https://secwatch.observer/filing/0001213900-23-023754.txt

## Key facts
- Earnings Releases
  Nauticus Robotics, Inc. reported the year ended December 31, 2022 results: revenue $11.4 million, net income $33.2 million, EPS $1.75 per basic and diluted share.
  - Period: the year ended December 31, 2022
  - Revenue: $11.4 million
  - Net income: $33.2 million
  - EPS: $1.75 per basic and diluted share
  - Result: reported results
  source text: Nauticus reported full year revenue of $11.4 million, an increase of 33% compared to 2021. The increase is primarily attributable to revenue from four new service contracts and increased performance on an existing service contract. Total operating expenses during the year were $29.8 million, a $14.7 million increase vs. 2021. 2022 operating expenses include $3.5 million of one-time deal-related expenses. Other drivers of the year-over-year increase primarily relate to higher cost of revenue and increased general and administrative (“G&A”) costs associated with being a public company. For the year, Nauticus recorded a net loss attributable to common stockholders of $33.2 million, or $1.75 per basic and diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849820/000121390023023754/0001213900-23-023754-index.htm
- Earnings Releases
  Nauticus Robotics, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $3.2 million, net income $8.2 million, EPS $0.21 per basic and diluted share.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $3.2 million
  - Net income: $8.2 million
  - EPS: $0.21 per basic and diluted share
  - Result: reported results
  source text: Nauticus reported fourth quarter revenue of $3.2 million compared to $5.3 million in the prior-year period. The decrease in revenue is primarily attributable to revenue from our largest 2021 contract being recognized primarily during the fourth quarter. Total operating expenses during the fourth quarter were $10.4 million, a $3.6 million increase from the prior-year period. The increase was mainly attributable to higher cost of revenue and increased general and administrative (“G&A”) costs associated with being a public company. For the quarter, Nauticus recorded a net loss attributable to common stockholders of $8.2 million, or $0.21 per basic and diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849820/000121390023023754/0001213900-23-023754-index.htm

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