KULR Third-Quarter Revenue Rises 197 Percent to $7.4 Million as Product Sales Reach About $6.49 Million, With $54.5 Million Cash and No Debt
KULR Technology Group reported third-quarter 2026 results in Houston, Texas, on November 10, 2026. Revenue from continuing operations was $7.4 million, up 197 percent year over year from $2.49 million.
Product sales rose 299 percent to approximately $6.49 million and represented 88 percent of revenue, compared with approximately $1.62 million a year earlier. The company said third-quarter GAAP net income of $4.5 million reflected a $15.8 million non-recurring gain on digital assets prior to their sale.
KULR said it had completed its exit from Bitcoin, ended the quarter with $54.5 million in cash, no debt and no digital assets, and had paused its at-the-market program through December 31, 2026. Its earnings call was scheduled for 8:30 a.m. Eastern Time on November 10.
(Source: KULR)
Source: KULR
Published by GSM · USA (original Chinese edition)
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