earnings
confidence high
sentiment neutral
materiality 0.65
C4 Therapeutics Q1 2026 net loss $25.1M; cash $268.3M; new Roche DAC collaboration
C4 Therapeutics, Inc.
2026-Q1 EPS reported
-$0.20
revenue$6,152,000
- Revenue $6.2M (down from $7.2M YoY); net loss $25.1M ($0.20 EPS) vs $26.3M ($0.37 EPS).
- Cash $268.3M at March 31, 2026; runway to end of 2028.
- Decision to not advance CFT8919 (EGFR L858R degrader) outside Greater China.
- New collaboration with Roche for degrader-antibody conjugates; $20M upfront payment received.
- Cemsidomide Phase 2 MOMENTUM trial enrollment on track; Phase 1b with elranatamab first patient dosed.