KULR Technology (KULR) Gross Margin (2016 - 2026)
KULR Technology (KULR) posted Gross Margin of -30.72% for Q2 2026, down 50.26 percentage points from 19.54% a year earlier.
KULR Technology (KULR) Gross Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at KULR Technology was -1.75%, down 43.78 percentage points year-over-year; for FY2025, it was 4.77%, down 46.30 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -65.12 percentage points (FY2020 to FY2025).
- In prior years, KULR Technology's Gross Margin was 51.07% in FY2024 (+13.77 pp), 37.29% in FY2023 (-21.89 pp), 59.18% in FY2022 (+4.86 pp) and 54.33% in FY2021 (-15.56 pp).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q3 2017.
- On a year-over-year basis, Gross Margin increased in two of the last seven quarters, with an average year-over-year change of -23.76 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2024, with a gain of 34.30 percentage points; the weakest was Q4 2025, with a drop of 90.72 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn | 21.25% |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn | 33.38% |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn | 57.28% |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | 22.44% |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn | 44.47% |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn | 35.91% |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn | 33.49% |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn | 59.97% |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 49.89% |
| 10 | KULR Technology | 113.37 Mn | 46.11 Mn | -638,933.00 | -30.72% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -30.72% |
| Dec 31, 2025 | -27.16% |
| Sep 30, 2025 | 9.13% |
| Jun 30, 2025 | 19.54% |
| Mar 31, 2025 | 8.43% |
| Dec 31, 2024 | 63.56% |
| Sep 30, 2024 | 70.86% |
| Jun 30, 2024 | 23.55% |
| Mar 31, 2024 | 29.20% |
| Dec 31, 2023 | 29.26% |
| Sep 30, 2023 | 43.98% |
| Jun 30, 2023 | 37.18% |
| Mar 31, 2023 | 36.56% |
| Dec 31, 2022 | 91.64% |
| Sep 30, 2022 | 33.08% |
| Jun 30, 2022 | 27.89% |
| Mar 31, 2022 | 38.69% |
| Dec 31, 2021 | 69.65% |
| Sep 30, 2021 | 74.18% |
| Jun 30, 2021 | 30.09% |
KULR Technology Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=KULR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "KULR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=KULR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();