KULR Technology (KULR) Operating Expenses (2016 - 2026)
KULR Technology (KULR) posted Operating Expenses of $10.6 million for Q2 2026, down 27.58% on a QoQ basis from $14.6 million in Q4 2025, and up 3.94% year-over-year from $10.2 million in Q2 2025.
Analysis
KULR Technology (KULR) Operating Expenses (2016 - 2026) Analysis & Trends
KULR Technology has reported Operating Expenses for 11 years, with the latest figure at $10.6 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 3.94% year-over-year to $10.6 million in Q2 2026; TTM through Jun 2026 was $44.7 million, a 51.66% increase from a year earlier, with the FY2025 full-year figure at $43.8 million, up 111.27% from the prior year.
- Operating Expenses was $10.6 million for Q2 2026 at KULR Technology, down from $14.6 million in the prior quarter.
- The five-year high for Operating Expenses was $14.6 million in Q4 2025, with the low at $4.0 million in Q3 2024.
- Average Operating Expenses over 5 years is $7.2 million, with a median of $5.9 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 163.42% in 2022, then tumbled 38.34% in 2024.
- Over 5 years, Operating Expenses stood at $5.6 million in 2022, then gained by 0.14% to $5.7 million in 2023, then climbed by 0.46% to $5.7 million in 2024, then jumped by 156.71% to $14.6 million in 2025, then fell by 27.58% to $10.6 million in 2026.
- The last three Operating Expenses figures came in at $10.6 million (Q2 2026), $14.6 million (Q4 2025), and $9.4 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 151.24 Mn |
| 2 | QuantumScape | 3.25 Bn | 3.25 Bn | - | 106.13 Mn |
| 3 | Eos Energy Enterprises | 1.44 Bn | 1.09 Bn | -48.80 Mn | 35.01 Mn |
| 4 | Fluence Energy | 1.41 Bn | 844.58 Mn | 33.24 Mn | 63.04 Mn |
| 5 | Energy Vault Holdings | 760.50 Mn | 653.15 Mn | 5.38 Mn | 30.04 Mn |
| 6 | Enovix | 701.39 Mn | 701.39 Mn | 1.30 Mn | 44.60 Mn |
| 7 | Amprius Technologies | 477.75 Mn | 403.24 Mn | 9.28 Mn | 13.58 Mn |
| 8 | Electrovaya | 268.07 Mn | 254.99 Mn | 6.19 Mn | 1.07 Mn |
| 9 | Microvast Holdings | 222.73 Mn | 79.61 Mn | 25.78 Mn | 27.51 Mn |
| 10 | KULR Technology | 109.05 Mn | 95.81 Mn | -638,933.00 | 10.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.57 Mn |
| Dec 31, 2025 | 14.59 Mn |
| Sep 30, 2025 | 9.37 Mn |
| Jun 30, 2025 | 10.16 Mn |
| Mar 31, 2025 | 9.65 Mn |
| Dec 31, 2024 | 5.68 Mn |
| Sep 30, 2024 | 3.97 Mn |
| Jun 30, 2024 | 5.90 Mn |
| Mar 31, 2024 | 5.17 Mn |
| Dec 31, 2023 | 5.66 Mn |
| Sep 30, 2023 | 6.43 Mn |
| Jun 30, 2023 | 7.08 Mn |
| Mar 31, 2023 | 6.90 Mn |
| Dec 31, 2022 | 5.65 Mn |
| Sep 30, 2022 | 5.42 Mn |
| Jun 30, 2022 | 5.33 Mn |
| Mar 31, 2022 | 4.26 Mn |
| Dec 31, 2021 | 4.55 Mn |
| Sep 30, 2021 | 3.59 Mn |
| Jun 30, 2021 | 3.08 Mn |