earnings
confidence high
sentiment neutral
materiality 0.65
Editas Q1 net loss $25M ($0.26/share); EDIT-401 on track for human data by year-end
Editas Medicine, Inc.
2026-Q1 EPS
reported -$0.26
vs consensus -$0.27
▲ beat
(+3.3%)
- Net loss of $25.0M ($0.26 per share) vs. $76.1M ($0.92) in Q1 2025; no restructuring charges this quarter.
- Cash and equivalents $123.6M as of March 31; expected to fund operations into Q3 2027.
- R&D expenses down 34% YoY to $17.6M due to reni-cel discontinuation and headcount reduction.
- EDIT-401 preclinical shows >90% mean LDL-C reduction; first-in-human trial for HeFH expected in H2 2026 with proof-of-concept data by year-end.
- USPTO reaffirmed Broad Institute's priority in CRISPR/Cas9 patent interference, supporting Editas' licensed IP.