earnings
confidence high
sentiment neutral
materiality 0.45
Black Diamond Therapeutics Q1 2026 net loss $9.0M; cash $118.3M; GBM trial dosed first patient
Black Diamond Therapeutics, Inc.
2026-Q1 EPS reported
-$0.16
- Net loss of $9.0M vs net income of $56.5M in Q1 2025 (prior year included license revenue).
- Cash, cash equivalents, and investments $118.3M as of March 31, 2026; sufficient into 2H 2028.
- R&D expenses $7.0M (down from $10.5M); G&A expenses $4.3M (down from $5.0M).
- First patient dosed in Phase 2 trial of silevertinib + temozolomide for newly diagnosed EGFRvIII+ GBM.
- Oral presentation of silevertinib Phase 2 frontline NSCLC data at ASCO 2026 on May 30.