Kuros Biosciences

Kuros Biosciences (KURN) investor relations material

Kuros Biosciences Q1 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.

Q1 2026 TU earnings summary14 Apr, 2026

Executive summary

Achieved 51% year-over-year sales growth in Q1 2026, reaching USD 43.4 million in product sales.
Strong commercial execution in minimally invasive surgery (MIS) and extremities segments, with broader adoption of Magnetos products.
U.S. headquarters and manufacturing facility in Georgia on track for H2 2026 production; Netherlands facility expansion progressing.

Financial highlights

Total product sales rose to USD 43.4 million, up from USD 28.8 million in Q1 2025.
Direct Magnetos product sales increased to USD 42.9 million, up from USD 28.4 million year-over-year.
Group EBITDA reached USD 2.9 million, up from USD 2.0 million in Q1 2025.
Adjusted EBITDA was USD 5.7 million (13.1% margin), compared to USD 3.3 million (11.6% margin) in Q1 2025.
Cash and cash equivalents stood at USD 15.7 million, down from USD 19.8 million at year-end 2025 due to investments in production capacity.

Outlook and guidance

Confident acceleration into Q2 2026, supported by strong demand across spine and extremities businesses.
Manufacturing expansion expected to reduce supply chain risk and support long-term revenue growth.

MagnetOs fusion efficacy in high-risk cohorts

Strategic benefits of the new Georgia facility

Primary drivers of Q1 2026 cash utilization

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