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Kestra Medical Technologies, Ltd. (KMTS) Bank of America Global Healthcare Conference 2026 May 13, 2026 5:20 PM EDT
Company Participants
Vaseem Mahboob - Chief Financial Officer
Brian Webster - Founder, President, CEO & Director
Conference Call Participants
Travis Steed - BofA Securities, Research Division
Presentation
Travis Steed
BofA Securities, Research Division
We have Brian Webster, President and CEO; and Vaseem Mahboob, Chief Financial Officer. Welcome.
Vaseem Mahboob
Chief Financial Officer
Thanks.
Brian Webster
Founder, President, CEO & Director
Thank you. Thank you for having us.
Question-and-Answer Session
Travis Steed
BofA Securities, Research Division
So I guess maybe to start out, 2026, since your IPO, you've seen very consistent execution, which has been really nice. You got a good beats and guidance raises on the top line and gross margin. Can you talk about the momentum in the business and some of the progress you've made in '26?
Brian Webster
Founder, President, CEO & Director
Yes. I think our fiscal year 2026, which we just ended in April, I think, the start of the year was really about getting some of the momentum from the benefit of all of our payer contracts being in place. So we had worked for a couple of years to get all those contracts in place. Once those -- once we got to that sort of 70%-plus payer mix under contract, it really unlock the rest of the business model. So that was sort of the way we started the fiscal year.
And then we saw great momentum coming from that. We built out our commercial team substantially. We've added about 60 reps in the last, I guess, 13 months. So that's quite an expansion of the sales team. We now have about 130 reps. And so getting all those reps in place, getting them trained up, out of the field, starting to see productivity is a big
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