earnings
confidence high
sentiment neutral
materiality 0.65
Edgewise Q1 net loss $49M, cash $499.6M; sevasemten Becker data up to 3.5 years
Edgewise Therapeutics, Inc.
2026-Q1 EPS reported
-$0.46
- Net loss $49.0M ($0.46/share) in Q1 2026 vs $40.8M ($0.43/share) in Q1 2025; cash and equivalents $499.6M.
- R&D expense $42.7M (up 16% YoY) driven by EDG-7500 and EDG-15400 clinical activity, partly offset by lower sevasemten costs.
- Long-term MESA OLE data shows sevasemten stabilizes function in Becker up to 3.5 years; 99% enrollment from prior trials.
- Pivotal GRAND CANYON sevasemten top-line results expected Q4 2026; marketing application planned H1 2027.
- CIRRUS-HCM Part D (EDG-7500) 12-week data in HCM expected Q2 2026; Phase 3 initiation H2 2026.