earnings
confidence high
sentiment neutral
materiality 0.65
Janux Q1 2026 net loss $24.4M; cash $956.4M; discontinues JANX008, initiates JANX014
Janux Therapeutics, Inc.
2026-Q1 EPS reported
-$0.39
revenue$3,733,000
- Net loss of $24.4M for Q1 2026 vs $23.5M YoY; cash and investments at $956.4M.
- Discontinued JANX008 (EGFR-TRACTr) development after Phase 1a; resources redirected.
- Initiated clinical evaluation of JANX014 (PSMA-TRACTr); JANX007 combination with darolutamide enrolling.
- BMS collaboration milestone triggered $35M payment upon development candidate nomination.
- Appointed William Go, M.D., Ph.D. as Chief Medical Officer.