earnings
confidence high
sentiment neutral
materiality 0.75
ProKidney Q1 net loss $42.6M; Phase 3 PROACT 1 enrollment on track for mid-2026
PROKIDNEY CORP.
- Net loss $42.6M for Q1 2026; cash & equivalents $224.9M supporting operations into mid-2027.
- Phase 3 PROACT 1 enrollment on track to complete mid-2026; pivotal topline results expected Q2 2027.
- FDA confirmed eGFR slope as surrogate endpoint for accelerated approval under RMAT designation.
- Phase 2 REGEN-007 showed 4.6 mL/min/1.73m² improvement in annual eGFR slope decline.
- R&D expenses $33.8M (+24% YoY) driven by PROACT 1; G&A expenses $11.3M (-21% YoY).
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