KULR Technology Group, Inc. filed a Form 10-Q with the U.S. Securities and Exchange Commission for the quarterly period ended September 30, 2026, reporting results for its thermal management and energy storage technology business.

Key Highlights

  • Quarterly revenue: $7,396,716 for the three months ended September 30, 2026, compared to $2,488,237 for the same period in 2025, according to the filing.
  • Nine-month revenue: $12,155,030 for the nine months ended September 30, 2026, versus $7,220,991 for the nine months ended September 30, 2025.
  • Loss from operations: $(10,997,897) for the three months ended September 30, 2026, and $(29,362,805) for the nine months ended September 30, 2026.
  • Accumulated deficit: $(192,233,871) as of September 30, 2026, compared to $(145,711,005) as of December 31, 2025.
  • Total assets: $86,398,115 as of September 30, 2026, down from $128,967,704 as of December 31, 2025, with digital assets, non-current declining from $93,995,256 to $0.
  • Shares outstanding: 46,280,543 shares of common stock outstanding as of November 6, 2026, as disclosed on the cover page.

KULR Technology Reports Q3 2026 Financial Results on NYSE American

KULR Technology Group, Inc. (NYSE American:KULR), a Delaware-incorporated company headquartered at 555 Forge River Road, Webster, Texas, filed its quarterly report covering the period ended September 30, 2026. The company disclosed quarterly revenue of $7,396,716, with cost of revenue of $7,126,888, producing a gross profit of $269,828 for the three months ended September 30, 2026. For the comparable three-month period in 2025, the filing reported gross profit of $421,350.

According to the filing, total operating expenses for the three months ended September 30, 2026 were $11,267,725, including research and development expenses of $5,019,496 and selling, general, and administrative expenses of $5,907,843. For the nine months ended September 30, 2026, research and development expenses totaled $9,775,655 and selling, general, and administrative expenses totaled $18,451,019. The filing also reported credit losses on accounts receivable of $1,613,275 for the nine-month period.

The condensed consolidated balance sheet as of September 30, 2026 showed total assets of $86,398,115, compared to $128,967,704 as of December 31, 2025. The filing noted that digital assets, non-current, carried a balance of $0 as of September 30, 2026, versus $93,995,256 as of December 31, 2025. Cash stood at $54,460,036 as of September 30, 2026, compared to $13,300,188 as of December 31, 2025. The change in fair value of digital assets was reported as $(15,582,358) for the nine months ended September 30, 2026, and $15,777,022 for the three months ended September 30, 2026. Total stockholders' equity was $78,236,434 as of September 30, 2026, down from $121,612,198 as of December 31, 2025.

What Was Disclosed

KULR Technology Group filed its Form 10-Q for the quarter ended September 30, 2026, disclosing revenue, operating expenses, balance sheet data, and changes in stockholders' equity, with 46,280,543 common shares outstanding as of November 6, 2026.