earnings
confidence high
sentiment positive
materiality 0.70
Nuvation Bio Q2 2026 revenue $31.7M, IBTROZI net product revenue $23.2M; net loss $62.8M
Nuvation Bio Inc.
2026-Q2 EPS reported
-$0.17
revenue$114,915,000
- Total revenue $31.7M, including $23.2M net product revenue from IBTROZI (ROS1 TKI) and $8.5M collaboration/license revenue.
- Net loss $62.8M ($0.18/share) vs $59.0M ($0.17/share) in Q2 2025; R&D spend $30.7M, SG&A $42.6M.
- Cash, equivalents, and marketable securities $661.0M as of June 30, 2026; additional $36.5M from July convertible notes overallotment.
- IBTROZI most prescribed ROS1 TKI in 2026; ~85% of ~160 new patient starts were TKI-naïve (30% QoQ growth).
- Safusidenib Phase 2 shows 51.9% ORR, median PFS not reached at 38.8 months; pivotal Phase 3 and Phase 2 studies initiated.