KORU Medical Systems (KRMD) reported third-quarter 2026 revenue of $11.6 million, up 11.2% from $10.4 million a year earlier. The company posted net income of $218,103, compared with a net loss of $777,966 in the prior-year quarter.
Gross profit increased 20.5% to $7.5 million, while gross margin rose to 65.2% from 60.2%. KORU revised its full-year 2026 revenue guidance to $48.0 million to $48.5 million.
- Q3 net revenue: $11,566,555
- Q3 diluted EPS: $0.00, versus a loss of $0.02 per share a year earlier
- Adjusted EBITDA: $1.3 million, versus $0.1 million in the prior-year period
- Cash and cash equivalents: $7.4 million as of September 30, 2026
- Year-to-date revenue: $35.4 million, up 17%
$KRMD Insider Trading Activity
$KRMD insiders have traded $KRMD stock on the open market 8 times in the past 6 months. Of those trades, 8 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $KRMD stock by insiders over the last 6 months:
- LINDA M THARBY (Chief Executive Officer) purchased 1,191 shares for an estimated $1,418,481
- ADAM R KALBERMATTEN (Chief Commercial Officer) has made 3 purchases buying 44,500 shares for an estimated $150,395 and 0 sales.
- THOMAS EDWARD ADAMS (Chief Financial Officer) has made 2 purchases buying 5,500 shares for an estimated $21,248 and 0 sales.
- ERIC SCHILLER (Chief Technology Officer) purchased 5,000 shares for an estimated $19,562
- CHRISTOPHER PAZDAN (Chief Operating Officer) purchased 5,000 shares for an estimated $19,400
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$KRMD Hedge Fund Activity
We have seen 41 institutional investors add shares of $KRMD stock to their portfolio, and 40 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EMPIRE FINANCIAL MANAGEMENT COMPANY, LLC removed 703,139 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2,953,183
- FIRST LIGHT ASSET MANAGEMENT, LLC removed 380,478 shares (-10.1%) from their portfolio in Q2 2026, for an estimated $1,598,007
- HRT FINANCIAL LP added 353,172 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,483,322
- BLACKROCK, INC. added 256,526 shares (+10.8%) to their portfolio in Q2 2026, for an estimated $1,077,409
- RUSSELL INVESTMENTS GROUP, LTD. removed 245,355 shares (-91.0%) from their portfolio in Q3 2026, for an estimated $718,890
- ROYAL BANK OF CANADA removed 230,780 shares (-97.9%) from their portfolio in Q2 2026, for an estimated $969,276
- TOPLINE CAPITAL MANAGEMENT, LLC removed 141,069 shares (-4.0%) from their portfolio in Q2 2026, for an estimated $592,489
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
