Nauticus Robotics Q2 FY26 net loss widens 49% to $11.12 million; revenue drops 57% to $885,947
Reuters2026/08/12 21:08- Nauticus Robotics posted a net loss of $11.12 million, widening 49% year over year.
- Revenue fell 57% to $885,947, on a slow start to the first half of the year in the ROV market.
- Operating loss narrowed 6% to $6.01 million; general and administrative expense dropped 25% to $3.32 million.
- Liquidity remained tight with $1.98 million in cash, cash equivalents and restricted cash; management flagged substantial doubt about going concern.
- Aquanaut Vehicle 1 logged 500+ in-water test hours; Nauticus ToolKITT commercialization progressed with deployments on its ROV fleet.
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