Kamada stock raises 2026 outlook after record nine-month results

Published on 11/12/2026 at 00:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kamada stock lifted its 2026 outlook after record nine-month results. Management expects double-digit revenue and profitability growth in 2027.

Growth outlook moves higher

Kamada reported record revenue of 152.2 million US dollars for the first nine months of 2026.
Management raised its 2026 revenue and adjusted EBITDA guidance ranges.
The company declared a 0.14 US dollar per-share dividend payable in the fourth quarter.

KMDA, IL0010941198, Illustration mit AI erstellt.

Kamada raised its 2026 financial outlook on November 9 after reporting record results for the first nine months of the year. The Israeli biopharmaceutical company said stronger demand for KEDRAB in the United States, VARIZIG and HEPAGAM supported the performance. The company provided the figures in its November 9 results release.

Guidance points to continued expansion

Kamada lifted its 2026 revenue guidance to 205 million to 208 million US dollars from a previous range of 200 million to 205 million. Adjusted EBITDA guidance rose to 52 million to 54 million US dollars from 50 million to 53 million.

Third-quarter revenue reached 52.0 million US dollars, an increase of 11 percent from the year-earlier period. Net income rose 51 percent to 8.0 million US dollars, while adjusted EBITDA increased 30 percent to 15.2 million US dollars. For the first nine months, revenue climbed 12 percent to 152.2 million US dollars and adjusted EBITDA rose 20 percent to 40.9 million US dollars.

Cash flow supports dividend plans

Operating cash flow reached approximately 37.6 million US dollars in the first nine months, compared with 17.9 million US dollars a year earlier. Cash, cash equivalents and short-term investments totaled 75.3 million US dollars at September 30.

The board declared a further cash dividend of 0.14 US dollars per share, totaling approximately 8.0 million US dollars. The payment is due on December 9 to shareholders of record at the close of business on November 19.

Nasdaq quote follows results

Kamada stock traded at 8.13 US dollars at 10:00 p.m. CET on Wednesday, November 11, on Nasdaq. The quote followed the company’s November results and guidance update, while the next major investor focus is the company’s execution against its raised 2026 targets and its projected double-digit growth in 2027.