earnings
confidence high
sentiment positive
materiality 0.65
Nkarta Q1 net loss $27.8M ($0.37/shr); cash $266.7M; advances NKX019 trials
Nkarta, Inc.
2026-Q1 EPS
reported -$0.37
vs consensus -$0.38
▲ beat
(+2.6%)
- Cash, equivalents, and investments $266.7M as of Mar 31, 2026; expected to fund operations into 2029.
- Net loss $27.8M ($0.37 per basic/diluted share) for Q1 2026; R&D expense $25.0M, G&A $5.9M.
- FDA agreed to protocol amendments allowing outpatient dosing in community settings, re-dosing, and adding RA to Ntrust-2.
- Enrollment ongoing at 4 billion cells per dose (12B total) across Ntrust-1 and Ntrust-2 for multiple autoimmune indications.
- Initial clinical data from Ntrust-1 and Ntrust-2 expected at a medical conference in 2026.