earnings
confidence high
sentiment positive
materiality 0.75
Korro Bio Q1 net loss narrows to $19.6M; cash at $157M; KRRO-121 filing on track for H2 2026
Korro Bio, Inc.
2026-Q1 EPS reported
-$1.69
- Net loss of $19.6M vs $23.4M in Q1 2025; R&D spend down to $12.9M from $19.7M.
- Cash, equivalents and marketable securities $157.1M as of March 31 (up from $85.2M), extending runway into H2 2028.
- Closed oversubscribed $85M private placement led by Venrock Healthcare Capital Partners.
- KRRO-121 regulatory filing for UCD/HE on track for H2 2026; AATD GalNAc candidate expected Q2 2026.
- No collaboration revenue due to 12-month pause of Novo Nordisk partnership.