Round ending health regeneration depends on the round timer.
At the end of every round in King of Fighters XV, the winning character will receive a small health boost. However, the amount that you receive will always be different. In fact, the more time you have left in the match when your opponent is KO'd, the more health you will regenerate. Inversely, the more time you take to KO your foe, the less health you will regenerate.