Kontrol Technologies (KNRLF) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 was $1.8 million, up from $1.3 million in Q2 2025; six-month revenue reached $3.1 million, up from $2.8 million year-over-year.

• Net income for Q2 2026 was $125,348, down from $230,592 in Q2 2025; six-month net loss improved to $(307,270) from $(915,240) year-over-year.

• Multi-year agreements and new customer onboarding are contributing to recurring revenue growth.

• Internal AI platform is enhancing RFP participation and operational efficiency, supporting larger tender submissions.

Financial highlights

• Gross margin for the six months ended June 30, 2026 was 50%, compared to 56% for the same period last year.

• Adjusted EBITDA for the six months was $(291,244), an improvement from $(597,553) year-over-year.

• Basic and diluted EPS for Q2 2026 was $0.00; for the six months, EPS was $(0.01), compared to $(0.02) last year.

• Aggregate cash and marketable securities balance as of June 30, 2026 was $7.3 million.

• No outstanding interest-bearing bank debt as of June 30, 2026.

Outlook and guidance

• Management expects continued growth in recurring revenue through multi-year agreements and expanded service offerings.

• AI-driven operational improvements are anticipated to support further efficiency and larger project wins.

• Forward-looking statements are subject to risks including capital availability, technology effectiveness, and customer acceptance.