earnings
confidence high
sentiment positive
materiality 0.70
Puma Biotech Q2 net income $8.2M, raises 2026 guidance on NERLYNX demand
PUMA BIOTECHNOLOGY, INC.
- Q2 product revenue $53.6M (+9% YoY); GAAP net income $8.2M ($0.16/sh) vs $5.9M ($0.12/sh) in Q2 2025.
- Non-GAAP adjusted net income $10.1M ($0.20/sh basic) vs $7.5M ($0.15/sh) prior year.
- Raises FY 2026 net product revenue guidance to $205-209M (prior $202-206M); net income to $17-20M (prior $16-19M).
- Debt fully repaid in May 2026; cash & securities $93.9M at June 30, 2026.
- R&D expenses rose $9.4M YTD on alisertib trial activity; milestones include ALISCA-Lung2 initiation in Q3 2026.