earnings
confidence high
sentiment neutral
materiality 0.75
Autolus Q1 2026: AUCATZYL net revenue $26.2M; positive gross margin; reaffirms FY revenue $120-135M
Autolus Therapeutics plc
- Net product revenue $26.2M (vs $9.0M Q1 2025); gross profit $1.6M, first positive quarter for ALL business.
- Net loss $71.6M ($0.27 loss per share); cash equivalents $229.4M, down from $300.7M at Dec 2025.
- Reaffirms FY2026 AUCATZYL net product revenue guidance $120-135M; expects continued positive gross margin.
- Cost reduction: ~13% workforce cut; annualized savings ~$15M starting 2027; restructuring charges ~$8M.
- Clinical pipeline on track: pediatric ALL data end-2027; lupus nephritis data 2028; progressive MS initial data end-2026.
item 2.02item 7.01item 9.01