Kontrol Technologies (KNRLF) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was $1.3 million, down from $1.5 million in Q1 2025.

• Gross margin improved to 58% from 54% year-over-year.

• Net loss narrowed to $432,617 from $1.1 million in the prior year quarter.

• Adjusted EBITDA was negative $133,363, an improvement from negative $228,521 year-over-year.

Financial highlights

• Cash and marketable securities totaled $7.6 million as of March 31, 2026.

• No outstanding interest-bearing bank debt at quarter-end.

• Basic and diluted EPS was $(0.01), compared to $(0.02) in Q1 2025.

Key financial ratios and metrics

• Gross margin increased to 58% from 54% year-over-year.

• Adjusted EBITDA margin improved, though still negative.