Nauticus net loss widens 22% to $9.27 million in Q1 FY26; revenue slips 3% to $159,575
Nauticus Robotics, Inc. KITT | 0.00 |
- Nauticus Robotics posted a net loss of USD 9.27 million for Q1 2026, widening from a year earlier.
- Revenue slipped 3% to USD 159,575, while operating loss narrowed 4% to USD 5.68 million.
- Cost of revenue jumped 61% to USD 1.99 million, while general and administrative expense fell 26% to USD 3.22 million.
- Cash and cash equivalents totaled USD 5.29 million at March 31, 2026; cash used in operating activities was USD 7.01 million.
- Operationally, Aquanaut Vehicle 2 logged more than 500 in-water testing hours and completed over 200 vertical inspection behaviors on mooring lines, while one ROV finished system integration testing ahead of a May mobilization.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nauticus Robotics, Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001849820-26-000090), on May 14, 2026, and is solely responsible for the information contained therein.
