earnings
confidence high
sentiment neutral
materiality 0.50
ArriVent Q1 net loss $43.3M; cash $326.4M; Phase 3 firmonertinib data mid-2026
ArriVent BioPharma, Inc.
2026-Q1 EPS reported
-$0.96
- Net loss of $43.3M for Q1 2026 versus $64.4M in Q1 2025; R&D expenses $37.6M (down 39% YoY).
- Cash and investments $326.4M as of March 31, 2026, expected to fund operations into 4Q 2027.
- Topline Phase 3 FURVENT data for firmonertinib in first-line EGFR exon 20 insertion NSCLC expected mid-2026.
- FDA IND clearance for ARR-002 (MUC16/NaPi2b dual-target tetravalent ADC) for ovarian/endometrial cancers; first patient dosing in 2H 2026.
- ARR-217 (CDH17 ADC) first patient dosed March 2026; dose escalation ongoing for gastrointestinal malignancies.