earnings
confidence high
sentiment negative
materiality 0.85
Q1 2026 net loss $4.1M; cash runway extended; FDA agrees path for tab-cel BLA resubmission
Atara Biotherapeutics, Inc.
2026-Q1 EPS reported
-$0.29
revenue$516,000
- Net loss $4.1M ($0.29 diluted EPS) vs net income $38.0M ($3.50 diluted) in Q1 2025.
- Revenue $0.5M (prior Q1: $98.1M) due to FY2025 one-time tab-cel manufacturing transfer revenue.
- Cash $8.4M at Mar 31; plus $4.8M ATM proceeds post-quarter; runway into mid-2027.
- FDA agreed single-arm ALLELE study with historical control could support tab-cel BLA resubmission; update expected Q3 2026.
- R&D expenses $0.2M (vs $27.4M), G&A $3.6M (vs $11.5M) reflecting cost reductions.