Record Q3 2025 Financial Results Demonstrate Offshore Momentum
Kraken Robotics achieved record third quarter 2025 financial results, with revenue growing 60 percent year on year to 31 point 3 million Canadian dollars from 19 point 6 million Canadian dollars a year earlier. Kraken also posted an approximate profit of 3 point 3 million Canadian dollars during this quarter - matching earnings per share at one Canadian cent for comparison purposes.
Management at Kraken attributed its record revenue surge to increased shipments of SeaPower-branded subsea batteries and synthetic aperture sonar systems to defence industry customers, in combination with strong organic growth in sub bottom imaging services and acquisition of subsea LiDAR specialist 3D at Depth earlier in 2025 - further driving top line growth through expanded offshore energy survey capabilities. Kraken reported gross profit of 18 point 6 million Canadian dollars with an increased gross margin to 59Kraken reported gross profit of 18 point 6 million Canadian dollars reflecting this shift; due to this year-ahead] Kraken reported gross profit of 18 point 6 Million Canadian Dollars with gross margin of 59