earnings
confidence high
sentiment neutral
materiality 0.65
Corvus reports Q1 2026 net loss of $13.7M; cash $236.7M; soquelitinib trials advance
Corvus Pharmaceuticals, Inc.
2026-Q1 EPS
reported -$0.15
vs consensus -$0.15
▼ miss
(-3.0%)
- Net loss $13.7M in Q1 2026 vs net income $15.2M in Q1 2025; cash $236.7M (incl. $189.4M from Jan 2026 financing).
- Phase 2 atopic dermatitis trial initiated (~200 patients, 4 dose cohorts, 12-week treatment).
- Phase 3 registrational PTCL trial enrolling 150 patients; primary endpoint progression-free survival.
- Partner Angel Pharma enrolling Phase 1b/2 atopic dermatitis trial in China; initial results expected late 2026.
- New immunologic/biomarker data from Phase 1 to be presented at SID meeting on May 14, 2026.