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Kestra Medical Technologies Inc
NASDAQ:KMTS

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Kestra Medical Technologies Inc
NASDAQ:KMTS
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Price: 19.93 USD 8.73% Market Closed
Market Cap: $1.2B

Kestra Medical Technologies Inc
Investor Relations

Kestra Medical Technologies Ltd. operates as a commercial-stage, wearable medical device and digital healthcare company. The company is headquartered in Kirkland, Washington. The company went IPO on 2025-03-06. The firm is focused on transforming patient outcomes in cardiovascular disease using monitoring and therapeutic intervention technologies. The company has developed and commercializing its Cardiac Recovery System platform, a comprehensive and advanced system that integrates monitoring, therapeutic treatment, digital health, and patient support services into a single, unified solution. Its Cardiac Recovery System platform include the ASSURE WCD, a next generation wearable cardioverter defibrillator (WCD) used to protect patients at an elevated risk of sudden cardiac arrest (SCA). The ASSURE WCD automatically monitors elevated risk patients and, if needed, delivers a defibrillation shock to return the patient’s heart to normal rhythm. In addition to the ASSURE WCD, its Cardiac Recovery System platform includes a comprehensive suite of fully integrated digital solutions and services.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Mar 17, 2026
AI Summary
Q3 2026

Revenue: Revenue was $24.6 million in the third quarter, up 63% year‑over‑year, driven by prescription growth and higher revenue per fit.

Prescriptions: Kestra accepted over 5,400 ASSURE prescriptions in the quarter and management said the business is approaching about 20,000 prescriptions for fiscal 2026.

Margins: Gross margin expanded to 52.6% (up 9 points YoY and +200 bps sequentially); management reiterated a path to 70%+ gross margins over the next few years.

Market & evidence: Management cited ACE‑PAS (21,000+ patients) and other clinical data as drivers of broader WCD adoption and announced an FDA algorithm update expected to lower false alarms and inappropriate shocks.

Commercial & access: Field expansion continues (about 100 active territories at end of 2025, targeting ~130 by April), plus new reimbursement wins: Florida managed Medicaid approvals, Department of Veterans Affairs federal supply schedule listing, and Medicare monthly rate increased to $3,589.

Profitability & cash: GAAP net loss was $34.2 million; adjusted EBITDA loss was $21.2 million. Cash totaled $291 million as of January 31; company raised capital in December and plans a shelf filing in April.

Guidance: Fiscal 2026 revenue guidance was raised to $93.0 million (growth of 55%), up from prior guidance of $91.0 million.

Key Financials
Revenue
$24.6 million
Prescriptions accepted (quarter)
over 5,400 prescriptions
Prescriptions (fiscal 2026, company comment)
about 20,000 prescriptions
Gross margin
52.6%
Conversion rate
approximately 46%
Fiscal 2026 revenue guidance
$93.0 million
Operating expenses (GAAP)
$47.7 million
Operating expenses (ex nonrecurring & stock comp)
$36.1 million
Net loss (GAAP)
$34.2 million
Adjusted EBITDA loss
$21.2 million
Cash and cash equivalents
$291 million (as of January 31)
Medicare monthly reimbursement rate
$3,589 a month
Active sales territories (end of calendar 2025)
about 100 active sales territories
CapEx (quarter)
$9.0 million (quarter)
Earnings Call Recording
Other Earnings Calls

Management

Mr. Brian Webster
Founder, President, CEO & Director
No Bio Available
Ms. Traci S. Umberger
Co-Founder, General Counsel, Chief Administrative Officer, Secretary & Director
No Bio Available
Mr. Vaseem Mahboob
Chief Financial Officer
No Bio Available
Mr. Gordon Teddy
Chief Information Officer
No Bio Available
Mr. Neil Bhalodkar
Vice President of Investor Relations
No Bio Available
Ms. Debra Schotz
Senior Vice President of Marketing
No Bio Available
Mr. Michael J. Gill
Senior Vice President of Commercial Operations
No Bio Available
Mr. Jeffrey Laub
Senior Vice President of Supply Chain Operations
No Bio Available
Mr. Phillip D. Foshee Jr.
Senior Vice President of Research & Development
No Bio Available
Mr. Alfred J. Ford Jr.
Chief Commercial Officer
No Bio Available

Contacts

Address
WASHINGTON
Kirkland
3933 Lake Washington Blvd NE St 200
Contacts
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