earnings
confidence high
sentiment positive
materiality 0.85
Apogee reports Q1 loss of $74.1M; $1.3B cash; zumilokibart Phase 3 AD on track
Apogee Therapeutics, Inc.
2026-Q1 EPS reported
-$1.06
- Net loss of $74.1M in Q1 2026 vs. $55.3M a year ago; R&D spend $60.8M, G&A $22.0M.
- Cash, equivalents and securities total $1.3B, up from $902.9M at Dec 2025, aided by $403M equity offering; runway into 2029.
- APEX Part A 52-week data: 75% (3-month) and 85% (6-month) of EASI-75 responders maintained; IGA 0/1 maintained at 86% and 78%.
- APEX Part B 16-week data in AD expected Q2 2026; Phase 3 AD initiation planned H2 2026.
- Positive Phase 1b asthma data shared Jan 2026; asthma and EoE trial details expected later this year.