Battery Takes $124 Million Bet on Kodiak AI. Here's What Investors Should Know

1 day ago 5

Jonathan Ponciano, The Motley Fool

Fri, February 20, 2026 astatine 10:21 AM CST 4 min read

On February 17, 2026, Battery Management Corp. disclosed a caller position, acquiring 11,356,669 shares successful Kodiak AI (NASDAQ:KDK) for an estimated $124.01 million.

According to a SEC filing dated February 17, 2026, Battery Management Corp. established a caller presumption successful Kodiak AI (NASDAQ:KDK), acquiring 11,356,669 shares. The quarter-end presumption worth successful Kodiak AI accrued by $124.01 cardinal owed to the caller purchase.

This caller presumption accounts for 19.91% of Battery Management Corp.'s reportable 13F assets nether absorption arsenic of December 31, 2025.
Top holdings aft the filing:
- NASDAQ:TTAN: $351.44 cardinal (56.4% of AUM)
- NASDAQ:KDK: $124.01 cardinal (19.9% of AUM)
- NASDAQ:BRZE: $111.95 cardinal (18.0% of AUM)
- NYSE:CXM: $18.64 cardinal (3.0% of AUM)
- NASDAQ:CSBR: $16.73 cardinal (2.7% of AUM)
As of February 18, 2026, shares of Kodiak AI were priced astatine $8.77, astir level since the firm’s public-market debut successful September.

Metric

Value

Price (as of marketplace adjacent February 18, 2026)	$8.77
Market capitalization	$1.59 billion
Revenue (TTM)	$16.45 million
Net income (TTM)	($526.20 million)

Kodiak AI develops AI-powered crushed autonomy bundle for vehicles, focusing connected trucking, defense, and concern applications.
Its concern exemplary centers connected providing precocious navigation solutions to commercialized fleets, defence contractors, and concern operators.
The institution serves customers seeking scalable, AI-driven autonomy platforms for highway, aboveground street, and off-road environments.

Kodiak AI is simply a exertion institution specializing successful AI-driven bundle for autonomous conveyance navigation crossed aggregate environments. Its proprietary multi-sensor architecture supports robust solutions for trucking and concern markets.

Conviction matters much erstwhile a institution is caller to nationalist markets and inactive proving its model. That is what makes this determination notable. Kodiak conscionable completed its concern operation successful September and ended the 3rd 4th with $146.2 cardinal successful cash, giving it meaningful runway to standard its autonomous trucking platform. Operationally, the institution doubled its fleet to 10 afloat driverless trucks and logged much than 5,200 cumulative hours of paid driverless operations, a 166% leap from the anterior quarter.

Financially, it is inactive early. Third 4th gross totaled conscionable $770,000, portion operating expenses reached $30.7 million, starring to a nonaccomplishment from operations of astir $30 million. For the archetypal 9 months, escaped currency travel was antagonistic $82.1 million. This is simply a capital-intensive, pre-scale story.

Within the broader portfolio, the presumption instantly becomes the second-largest holding astatine astir 20% of assets, down TTAN astatine 56%. That signals precocious hazard tolerance and a willingness to backmost frontier exertion alongside established names similar BRZE.

For semipermanent investors, the question is not near-term profitability. It is whether autonomous trucking tin determination from aviator deployments to durable, recurring Driver arsenic a Service gross astatine scale. If that inflection comes, today’s level stock terms whitethorn look similar an introduction constituent alternatively than a ceiling.

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