earnings
confidence high
sentiment neutral
materiality 0.70
ProKidney Q2 2026 loss $46.4M, cash $181.6M; PROACT 1 interim enrollment complete
PROKIDNEY CORP.
- Completed enrollment for PROACT 1 accelerated approval analysis (~320 pts); topline eGFR slope results expected Q2 2027.
- Full enrollment of ~470 patients on track for H2 2026; confirmatory results anticipated H2 2029.
- Appointed Kenneth Locke as CTO in June 2026; 25+ years R&D/CMC/supply chain experience.
- Cash and equivalents $181.6M at June 30, 2026, down from $224.9M at March 31, 2026; supports ops into mid-2027.
- Net loss before noncontrolling interest $46.4M in Q2 2026 vs $37.0M in Q2 2025; R&D expenses rose to $36.1M.