earnings
confidence high
sentiment neutral
materiality 0.60
Cartesian Therapeutics Q2 2026 net income $15.8M; cash $149.3M; Phase 3 AURORA data expected 1Q27
Cartesian Therapeutics, Inc.
2026-Q2 EPS reported
-$0.83
revenue$78,000
- Net income $15.8M ($0.47 basic EPS) vs $15.9M prior year; R&D expenses $20.4M, G&A $8.7M.
- Cash $149.3M as of June 30, 2026; cash runway into 2028 via up to $150M K2HV credit facility (first $50M funded).
- Phase 3 AURORA trial of Descartes-08 in MG on track; data expected 1Q27, BLA filing mid-2027.
- Phase 2 TRITON myositis data subset expected 1H27; Phase 1/2 HELIOS pediatric JDM data expected 1H27.
- New licensing agreement with WestGene for in vivo CAR-T; Phase 1 trial 2H26 with data 1H27.