Nauticus Robotics Q1 revenue flat, adjusted net loss narrows

Nauticus Robotics, Inc.

Nauticus Robotics, Inc.

KITT

0.00


Overview

  • US subsea robotics firm's Q1 revenue was flat yr/yr amid seasonal offshore softness

  • Adjusted net loss for Q1 narrowed from prior year

  • Company advanced UAE, GCC expansion and continued ToolKITT autonomy platform integration


Outlook

  • Company expects offshore activity to strengthen through the remainder of 2026

  • Nauticus is focused on expanding commercial activity in offshore energy, defense, and international markets

  • Company increasing emphasis on technology-driven revenue, including software licensing and international partnerships


Result Drivers

  • SEASONAL SOFTNESS - Q1 offshore activity was impacted by typical winter seasonality, limiting revenue growth, per CEO John Gibson


Company press release: ID:nPn3c5nhRa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

$200,000

Q1 Net Income

-$9.30 mln

Q1 Operating Expenses

$5.80 mln


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