KALV earnings at a glance
The options market is pricing a move of about ±14.8% after the report, a range of roughly $23.00 to $31.00 from today's $27.00. Over its last 2 reports the stock rose the next day 0 times and fell 2, moving ±1.6% on average; after the most recent report on May 14, 2026 it moved -0.1%. That means options currently expect more movement than KALV has typically delivered. KALV beat the consensus EPS estimate in 0 of its last 2 reported quarters. Implied volatility is currently 125%. The share price of $27.00 sits near its 52-week high.
Overview
Earnings trends
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Thu May 14, 2026 | Mar/2026 | $-0.43 | $-0.37 | -16.2% | — | -0.1% | earnings |
| Tue Sep 30, 2025 | Sep 2025 | $-0.92 | — | — | — | — | financials |
| Thu Jul 10, 2025 | Apr/2025 | $-0.99 | $-0.77 | -28.6% | — | -3.0% | earnings |
| Mon Mar 31, 2025 | Mar 2025 | $-0.98 | — | — | — | — | financials |
| Fri Jan 31, 2025 | Jan 2025 | $-0.92 | — | — | — | — | financials |
| Thu Oct 31, 2024 | Oct 2024 | $-0.91 | — | — | — | — | financials |
| Wed Jul 31, 2024 | Jul 2024 | $-0.87 | — | — | — | — | financials |
Financials
Income statement (quarterly)
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jul 2025 | Jun 2025 | Apr 2025 | Mar 2025 | Jan 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $14M | $1M | — | — | — | — |
| Cost of revenue | $3M | — | $1M | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $-23M | — | $-46M | $-59M | — | — | $-50M | $-43M |
| Net income | $-23M | — | $-49M | $-60M | $-58M | — | $-52M | $-49M |
| EPS (diluted) | $-0.43 | — | $-0.92 | $-1.12 | — | — | $-0.98 | $-0.92 |
Balance sheet (quarterly)
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jul 2025 | Jun 2025 | Apr 2025 | Mar 2025 | Jan 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $214M | $229M | $243M | $124M | — | $132M | — | $167M |
| Inventory | $4M | $3M | $458,000 | — | — | — | — | — |
| Total current assets | $314M | $320M | $325M | $206M | — | $242M | — | $267M |
| Total assets | $329M | $335M | $340M | $216M | — | $251M | — | $276M |
| Long-term debt | $172M | — | — | — | — | — | — | — |
| Total liabilities | $349M | $338M | $323M | — | — | — | — | — |
| Total equity | $-20M | $-3M | $17M | $41M | $59M | $95M | $117M | $145M |
Implied volatility — last 90 days
Sector peers
KALV earnings FAQ
What is KALV's expected move for earnings?
Options currently price a move of about ±14.8%, or $4.00 per share either way from $27.00.
How does KALV stock usually react to earnings?
Across the last 2 reports the average next-day move was ±1.6%, up 0 times and down 2 times.
What is KALV's implied volatility?
KALV's at-the-money implied volatility is about 125% based on the latest options snapshot.