KULR Technology (KULR) Research & Development (2016 - 2026)
KULR Technology's Research & Development was $2.99 million in Q2 2026, up 22.5% from $2.44 million a year earlier.
Powered by 
Analysis
KULR Technology (KULR) Research & Development (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, KULR Technology's Research & Development was $11.29 million through Jun 30, 2026, up 53.3% year-over-year; for FY2025, it was $10.76 million, up 127.0% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 106.0% (FY2020 to FY2025).
- In earlier years, Research & Development was $4.74 million in FY2024 (-33.6%), $7.14 million in FY2023 (+70.0%), $4.2 million in FY2022 (+152.5%) and $1.66 million in FY2021 (+473.6%).
- Quarterly Research & Development has moved between $481,855 (Q3 2021) and $3.55 million (Q4 2025) over five years.
- Compared with a year earlier, Research & Development was higher in five of the last seven quarters, with growth averaging 71.8%.
- The best year-over-year quarter for Research & Development over five years was Q4 2021 (growth of 932.4%); the worst was Q1 2024 (a decline of 47.1%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 206.05 Bn | 157.15 Bn | 3.11 Bn | 358.00 Mn |
| 2 | Bloom Energy | 51.10 Bn | 41.00 Bn | 417.10 Mn | 64.15 Mn |
| 3 | First Solar | 21.63 Bn | 12.99 Bn | 713.06 Mn | 67.22 Mn |
| 4 | Nextpower | 15.87 Bn | 11.57 Bn | 345.32 Mn | 45.57 Mn |
| 5 | BWX Technologies | 10.96 Bn | 8.77 Bn | 227.14 Mn | 3.83 Mn |
| 6 | Generac Holdings | 10.36 Bn | 9.10 Bn | 516.04 Mn | 63.83 Mn |
| 7 | EnerSys | 5.36 Bn | 3.55 Bn | 313.36 Mn | - |
| 8 | Mirion Technologies | 4.35 Bn | 2.71 Bn | 131.50 Mn | 10.30 Mn |
| 9 | Enphase Energy | 3.78 Bn | -535.47 Mn | 127.12 Mn | 45.20 Mn |
| 10 | KULR Technology | 68.76 Mn | 14.40 Mn | -638,933.00 | 2.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.99 Mn |
| Dec 31, 2025 | 3.55 Mn |
| Sep 30, 2025 | 2.32 Mn |
| Jun 30, 2025 | 2.44 Mn |
| Mar 31, 2025 | 2.45 Mn |
| Dec 31, 2024 | 1.25 Mn |
| Sep 30, 2024 | 1.23 Mn |
| Jun 30, 2024 | 1.31 Mn |
| Mar 31, 2024 | 954,625.00 |
| Dec 31, 2023 | 1.29 Mn |
| Sep 30, 2023 | 1.82 Mn |
| Jun 30, 2023 | 1.92 Mn |
| Mar 31, 2023 | 1.81 Mn |
| Dec 31, 2022 | 1.41 Mn |
| Sep 30, 2022 | 1.07 Mn |
| Jun 30, 2022 | 999,484.00 |
| Mar 31, 2022 | 721,347.00 |
| Dec 31, 2021 | 704,604.00 |
| Sep 30, 2021 | 481,855.00 |
| Jun 30, 2021 | 352,741.00 |
API Access
KULR Technology Research & Development 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=research-and-development&ticker=KULR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=KULR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();