NUBURU (BURU) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 was $524,927, up from $0 in Q2 2025, driven by the Orbit and Lyocon acquisitions.

• Net loss for Q2 2026 was $6,475,862, a significant improvement from $12,224,975 in Q2 2025.

• The company continues to execute its Transformation Plan, focusing on strategic acquisitions and platform integration.

• Substantial doubt remains about the company's ability to continue as a going concern due to ongoing losses and liquidity constraints.

Financial highlights

• Six-month revenue reached $932,571, compared to $0 in the prior year period.

• Six-month net loss was $6,935,760, a marked improvement from $28,836,400 in the prior year.

• Gross loss for Q2 2026 was $378,569, reflecting the cost structure of new acquisitions.

• Operating expenses for Q2 2026 totaled $5,442,731, up from $4,622,225 in Q2 2025, mainly due to increased R&D and marketing.

• Cash and cash equivalents at June 30, 2026 were $726,934, down from $24,661,284 at year-end 2025.

Outlook and guidance

• Management expects continued net losses and negative cash flows until full commercialization is achieved.

• The company plans to finance operations through additional debt or equity offerings and is pursuing further acquisitions.

• The July 2026 public offering raised $18.7 million net, intended to support the Tekne acquisition and working capital.