KULR Technology (KULR) Operating Expenses (2016 - 2026)
KULR Technology's Operating Expenses came in at $10.57 million for Q2 2026, up 3.9% from $10.16 million a year earlier.
KULR Technology (KULR) Operating Expenses (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, KULR Technology reported Operating Expenses of $44.69 million, up 51.7% year-over-year; for FY2025, it was $43.77 million, up 111.3% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 73.6% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $20.72 million in FY2024 (-20.6%), $26.08 million in FY2023 (+26.3%), $20.65 million in FY2022 (+61.0%) and $12.82 million in FY2021 (+361.9%).
- The five-year range for quarterly Operating Expenses is $3.59 million (Q3 2021) to $14.59 million (Q4 2025).
- Year-over-year, Operating Expenses increased in six of the last seven quarters, with growth averaging 59.7%.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2021 (growth of 443.9%), and the weakest in Q3 2024 (a decline of 38.3%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 173.34 Mn |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 154.62 Mn |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 811.92 Mn |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 311.38 Mn |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 144.95 Mn |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | 151.24 Mn |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 123.50 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 115.20 Mn |
| 10 | KULR Technology | 115.22 Mn | 47.96 Mn | -638,933.00 | 10.57 Mn |
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 |
KULR Technology Operating Expenses 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=operating-expenses&ticker=KULR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=KULR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();