Agenus Q1 net income $39.2M, revenue $33.7M; SEC closes investigation with no action

AGENUS INC

2026-Q1 EPS reported $1.02 vs consensus $2.14 ▼ miss (-52.4%)

Net income of $39.2M vs loss of $26.4M in Q1 2025; total revenue $33.7M (+40% YoY).
Cash rose to $35.0M at March 31, 2026 from $3.0M at Dec 31, 2025, boosted by Zydus deal proceeds.
Zydus collaboration closed Jan 2026 providing $91M upfront; Phase 3 BATTMAN trial began enrolling in April.
SEC concluded its investigation with no enforcement action (May 2026); related class action dismissed in March.

item 2.02item 9.01

Source: SEC EDGAR

accession 0001193125-26-215838

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