---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-065915"
form_type: "8-K"
ticker: "KITT"
cik: "0001849820"
company_name: "Nauticus Robotics, Inc."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T15:26:31.069625+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nauticus Robotics Q2 revenue $1.1M (down 61% YoY); adjusted loss $8.1M; signs Shell/Petrobras contracts

## Summary
- Revenue $1.1M vs $2.8M YoY; adjusted net loss $8.1M ($0.20/share) vs $3.4M loss a year ago.
- Net income $20.7M driven by warrant revaluation; operating expenses $8.0M (up 45%).
- Closed first tranche of $15M senior secured debt facility; $5M deposited; cash $4.4M.
- Signed contracts with Shell (Gulf of Mexico) and Petrobras (deploy Aquanaut); additional Leidos award.
- First 2nd-gen Aquanaut completed 100+ hrs testing; expected to qualify for Shell service in September.

## SEC filing metadata
- accession: 0001213900-23-065915
- form_type: 8-K
- ticker: KITT
- cik: 0001849820
- company_name: Nauticus Robotics, Inc.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849820/000121390023065915/0001213900-23-065915-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849820/000121390023065915/ea183340-8k_nauticus.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-065915
- JSON: https://secwatch.observer/filing/0001213900-23-065915.json
- Plain text: https://secwatch.observer/filing/0001213900-23-065915.txt

## Key facts
- Earnings Releases
  Nauticus Robotics, Inc. reported second quarter ended June 30, 2023 results: revenue $1.1 million, net income $20.7 million, EPS $0.49 per diluted share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $1.1 million
  - Net income: $20.7 million
  - EPS: $0.49 per diluted share
  - Result: reported results
  source text: Nauticus reported second quarter revenue of $1.1 million compared to $2.8 million in the prior-year period. The decrease in revenue is primarily attributable to delays in contract authorization with government entities. Total operating expenses during the second quarter were $8.0 million, a $2.5 million increase from the prior-year period. $1.7 million of the increase was associated with non-cash stock compensation expense. The balance of increase was attributable to increased general and administrative (“G&A”) costs associated with being a public company as well as to support the continued growth of the Company as it transitions to commercial operations. For the quarter, Nauticus recorded a net income attributable to common stockholders of $20.7 million, or $0.49 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849820/000121390023065915/0001213900-23-065915-index.htm

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