earnings
confidence high
sentiment neutral
materiality 0.70
CG Oncology Q2 net loss $79.1M ($0.90/shr); adds $500M ATM capacity
CG Oncology, Inc.
- Net loss of $79.1M ($0.90 per share) vs $41.4M ($0.54) in Q2 2025; R&D $54.7M, G&A $29.0M.
- Cash, equivalents and marketable securities $1.0B as of June 30, 2026, down from $1.1B on March 31, 2026.
- Filed Amendment No. 2 to Prospectus to increase ATM shares by $500M (previously sold ~$550M).
- PIVOT-006 Phase 3 topline data for cretostimogene in intermediate-risk NMIBC expected near-term.
- BLA submission for HR BCG-unresponsive NMIBC with CIS expected Q4 2026.