earnings
confidence high
sentiment neutral
materiality 0.70
CG Oncology Q1 net loss widens to $60.2M; BLA submission on track for Q4 2026
CG Oncology, Inc.
2026-Q1 EPS reported
-$0.71
revenue$1,083,000
- Net loss of $60.2M ($0.71 per share) vs $34.5M ($0.45) in Q1 2025.
- Cash, cash equivalents & marketable securities $1.1B as of March 31, 2026; includes $391.4M from ATM sales.
- BLA for cretostimogene in HR BCG-unresponsive NMIBC expected to complete in Q4 2026 after FDA alignment.
- Phase 3 PIVOT-006 topline data in intermediate-risk NMIBC anticipated 1H 2026.
- Appointed Jim DeTore as CFO in April 2026; he brings 30+ years life sciences experience.