earnings
confidence high
sentiment positive
materiality 0.70
RenovoRx Q2 revenue $909K, up 115% YoY; raises FY2026 guidance to $3.75-4.25M
RenovoRx, Inc.
- Q2 2026 revenue $909K, up 61% QoQ and 115% YoY; record quarter, 83% of FY2025 total revenue.
- FY2026 revenue guidance raised to $3.75-4.25M from $3-4M, implying ~241-286% YoY growth.
- 21 active commercial cancer centers (+30% from 16 in Q1); 63 in pipeline; Q3 revenue expected to exceed Q2.
- Phase III TIGeR-PaC fully enrolled; 78/86 events; completion H1 2027, topline H2 2027.
- First RenovoCath use in sarcoma patient; cash $9.5M, sufficient into H2 2027; break-even target Q4 2027.