earnings
confidence high
sentiment positive
materiality 0.90
Aktis Oncology Q1 2026 net loss $18.3M; cash $538.5M; Phase 1b trials advancing
Aktis Oncology, Inc.
2026-Q1 EPS reported
-$0.38
revenue$3,227,000
- Net loss $18.3M vs $15.0M YoY; R&D expense $20.0M (+$4.1M) driven by clinical trial costs.
- Cash, equivalents & marketable securities $538.5M (up from $226.8M Dec 2025); runway into 2029.
- Initiated Phase 1b trial of AKY-2519 in mCRPC; second basket trial in H2 2026 for solid tumors.
- AKY-1189 Phase 1b enrolling in multiple Nectin-4 tumors; preliminary data expected Q1 2027; FDA Fast Track for urothelial cancer.
- Collaboration revenue $3.2M from Eli Lilly; appointed Glenn Gormley, MD, PhD to board.