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KULR Technology Group, Inc. (KULR) Fundamental Analysis & AI Grade 2026

KULR NYSE Electronic Components & Accessories DE CIK: 0001662684
Updated This Month • Analysis: May 16, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
78% Confidence
AGREEMENT
C
70% Conf
D
86% Conf

📊 KULR Key Takeaways

Revenue: $4.8M
Net Margin: -580.2%
Free Cash Flow: $-8.9M
Current Ratio: 1.69x
Debt/Equity: 0.00x
EPS: $-0.61
AI Grade: C with 70% confidence
KULR Technology Group, Inc. (KULR) receives a C fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings. With revenue of $4.8M, net profit margin of -580.2%, and return on equity (ROE) of -29.7%, KULR Technology Group, Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete KULR stock analysis for 2026.

Is KULR Technology Group, Inc. (KULR) a Good Investment?

Claude

Early-stage company with compelling 50.6% YoY revenue growth and 29.2% gross margins, but burning cash operationally (-$8.7M) with massive net losses (-$28.1M, -580% net margin). Current cash runway of less than 1 year ($7.7M / $8.7M burn rate) creates material financial distress risk without near-term profitability or capital infusion.

ChatGPT

KULR delivers strong top-line growth but with extremely weak unit economics: 4.8% gross margin and deeply negative operating and net margins, with losses worsening year over year. Despite low leverage and solid liquidity ratios, the magnitude of cash burn and negative free cash flow imply a short runway and high likelihood of external financing and dilution absent rapid margin and cost improvements.

KULR Technology Group, Inc. Key Strengths (KULR)

Claude
  • + Strong revenue growth of 50.6% YoY demonstrating market traction and demand
  • + Healthy gross margin of 29.2% indicating viable unit economics at product level
  • + Fortress balance sheet with zero debt (0.00x debt/equity), $94.6M stockholders equity, and no leverage risk
ChatGPT
  • + 50.6% revenue growth YoY
  • + Strong liquidity (current ratio 4.07x; quick 3.98x)
  • + No long-term debt; low balance sheet risk

KULR Stock Risks: KULR Technology Group, Inc. Investment Risks

Claude
  • ! Severe operating losses (-$7.4M) and net losses (-$28.1M) with deteriorating diluted EPS of -$0.61 (-108% YoY)
  • ! Negative operating cash flow (-$8.7M) and free cash flow (-$8.9M) indicating unsustainable cash burn rate
  • ! Cash runway of less than 1 year at current burn rate, creating imminent liquidity crisis risk without capital raise
  • ! Operating margin of -152% demonstrates expenses drastically exceed revenue generation capacity
  • ! Negative ROE (-29.7%) and ROA (-26.7%) destroying shareholder and asset value
ChatGPT
  • ! Severe and worsening losses (operating margin -265.9%, net margin -382.8%)
  • ! Heavy cash burn and -296% FCF margin imply short runway
  • ! High dilution risk from likely capital raises

Key Metrics to Watch

Claude
  • * Operating cash flow trend and timeline to positive OCF generation
  • * Operating expense reduction progress and path to operating breakeven
  • * Cash balance depletion rate and probability of capital raise requirement
  • * Revenue growth sustainability, customer retention, and concentration risk
  • * Net loss trajectory and progress toward cash flow breakeven
ChatGPT
  • * Gross margin trajectory
  • * Operating cash flow and cash balance runway

KULR Technology Group, Inc. (KULR) Financial Metrics & Key Ratios

Revenue
$4.8M
Net Income
$-28.1M
EPS (Diluted)
$-0.61
Free Cash Flow
$-8.9M
Total Assets
$105.5M
Cash Position
$7.7M

💡 AI Analyst Insight

KULR Technology Group, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

KULR Profit Margin, ROE & Profitability Analysis

Gross Margin 29.2%
Operating Margin -152.4%
Net Margin -580.2%
ROE -29.7%
ROA -26.7%
FCF Margin -183.2%

KULR vs Technology Sector: How KULR Technology Group, Inc. Compares

How KULR Technology Group, Inc. compares to Technology sector averages

Net Margin
KULR -580.2%
vs
Sector Avg 18.0%
KULR Sector
ROE
KULR -29.7%
vs
Sector Avg 22.0%
KULR Sector
Current Ratio
KULR 1.7x
vs
Sector Avg 2.5x
KULR Sector
Debt/Equity
KULR 0.0x
vs
Sector Avg 0.5x
KULR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is KULR Technology Group, Inc. Stock Overvalued? KULR Valuation Analysis 2026

Based on fundamental analysis, KULR Technology Group, Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
-29.7%
Sector avg: 22%
Net Profit Margin
-580.2%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

KULR Technology Group, Inc. Balance Sheet: KULR Debt, Cash & Liquidity

Current Ratio
1.69x
Quick Ratio
1.55x
Debt/Equity
0.00x
Debt/Assets
10.4%
Interest Coverage
-10.14x
Long-term Debt
N/A

KULR Revenue & Earnings Growth: 5-Year Financial Trend

KULR 5-year financial data: Year 2021: Revenue $2.4M, Net Income -$2.9M, EPS $-0.03. Year 2022: Revenue $4.0M, Net Income -$11.9M, EPS $-0.15. Year 2023: Revenue $9.8M, Net Income -$19.4M, EPS $-0.18. Year 2024: Revenue $10.7M, Net Income -$23.7M, EPS $-0.20. Year 2025: Revenue $16.2M, Net Income -$17.5M, EPS $-0.75.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: KULR Technology Group, Inc.'s revenue has grown significantly by 570% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.75 indicates the company is currently unprofitable.

KULR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-183.2%
Free cash flow / Revenue

KULR Quarterly Earnings & Performance

Quarterly financial performance data for KULR Technology Group, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $2.4M -$18.8M $-0.54
Q3 2025 $3.2M -$2.0M $-0.08
Q2 2025 $2.4M -$5.0M $0.22
Q1 2025 $1.7M -$5.0M $-0.04
Q3 2024 $3.0M -$2.0M $-0.01
Q2 2024 $2.4M -$5.0M $-0.03
Q1 2024 $1.7M -$5.0M $-0.04
Q3 2023 $1.4M -$4.1M $-0.05

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

KULR Technology Group, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$8.7M
Cash generated from operations
Stock Buybacks
$97.5K
Shares repurchased (TTM)
Capital Expenditures
$173.6K
Investment in assets
Dividends
None
No dividend program

KULR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for KULR Technology Group, Inc. (CIK: 0001662684)

📋 Recent SEC Filings

Date Form Document Action
May 21, 2026 8-K tm2615369d1_8k.htm View →
May 14, 2026 8-K tm2614693d1_8k.htm View →
May 14, 2026 10-Q tmb-20260331x10q.htm View →
Apr 28, 2026 8-K tm2612908d1_8k.htm View →
Apr 17, 2026 4 xslF345X06/tm2612040-1_4seq1.xml View →

Frequently Asked Questions about KULR

What is the AI rating for KULR?

KULR Technology Group, Inc. (KULR) has a Combined AI Grade of C from Claude (C) and ChatGPT (D) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are KULR's key strengths?

Claude: Strong revenue growth of 50.6% YoY demonstrating market traction and demand. Healthy gross margin of 29.2% indicating viable unit economics at product level. ChatGPT: 50.6% revenue growth YoY. Strong liquidity (current ratio 4.07x; quick 3.98x).

What are the risks of investing in KULR?

Claude: Severe operating losses (-$7.4M) and net losses (-$28.1M) with deteriorating diluted EPS of -$0.61 (-108% YoY). Negative operating cash flow (-$8.7M) and free cash flow (-$8.9M) indicating unsustainable cash burn rate. ChatGPT: Severe and worsening losses (operating margin -265.9%, net margin -382.8%). Heavy cash burn and -296% FCF margin imply short runway.

What is KULR's revenue and growth?

KULR Technology Group, Inc. reported revenue of $4.8M.

Does KULR pay dividends?

KULR Technology Group, Inc. does not currently pay dividends.

Where can I find KULR SEC filings?

Official SEC filings for KULR Technology Group, Inc. (CIK: 0001662684) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is KULR's EPS?

KULR Technology Group, Inc. has a diluted EPS of $-0.61.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is KULR's fundamental grade?

Based on our AI fundamental analysis in May 2026, KULR Technology Group, Inc. has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is KULR stock overvalued or undervalued?

Valuation metrics for KULR: ROE of -29.7% (sector avg: 22%), net margin of -580.2% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is KULR's AI grade for 2026?

Our dual AI analysis gives KULR Technology Group, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is KULR's free cash flow?

KULR Technology Group, Inc.'s operating cash flow is $-8.7M, with capital expenditures of $173.6K. FCF margin is -183.2%.

How does KULR compare to other Technology stocks?

Vs Technology sector averages: Net margin -580.2% (avg: 18%), ROE -29.7% (avg: 22%), current ratio 1.69 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 16, 2026 | Data as of: 2026-03-31 | Powered by Claude AI