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Kraken Robotics Q2 FY26 net loss widens to C$7.5 million; revenue rises 4% to C$27.3 million
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Kraken Robotics Q2 FY26 net loss widens to C$7.5 million; revenue rises 4% to C$27.3 million
  • Kraken Robotics posted Q2 2026 revenue of CAD 27.3 million, up 4% from a year earlier.
  • Net loss widened to CAD 7.5 million, reflecting a provision tied to an arbitration over a 2017 supplier contract.
  • IFRS gross profit rose 10% to CAD 16.2 million; gross margin improved 3 percentage points to 59%.
  • Non-IFRS adjusted EBITDA increased 7% to CAD 5 million, holding the margin flat at 18%.
  • 2026 revenue outlook kept at CAD 290 million–CAD 320 million, including a half-year contribution from Covelya Group acquired July 2.


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. Kraken Robotics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608270630PRIMZONEFULLFEED9816710) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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