earnings
confidence high
sentiment neutral
materiality 0.65
OPKO Health Q1 revenue falls to $124.2M, net loss narrows; pipeline advances
OPKO HEALTH, INC.
2026-Q1 EPS reported
-$0.07
revenue$124,196,000
- Consolidated revenue $124.2M vs $149.9M YoY; net loss $54.8M ($0.07/sh) from $67.6M ($0.10/sh).
- Pharma revenue $38.0M (+9% YoY); Diagnostics $72.2M, down from $102.8M due to Labcorp oncology asset sale.
- Operating loss improved to $51.0M from $67.2M; cash $341.9M; $92M of stock repurchased under $200M authorization.
- Phase 1 trials started for MDX2301 (COVID-19 prevention) and MDX2003 (B-cell lymphoma); in vivo CAR-T platform advancing.
- FY2026 guidance reaffirmed: total revenue $530-560M; total costs $725-750M.