earnings
confidence high
sentiment positive
materiality 0.80
Compass Pathways reports Q2 2026 net loss of $253.8M; COMP360 NDA on track for Q4
COMPASS Pathways plc
2026-Q2 EPS reported
-$1.33
- Q2 net loss $253.8M ($1.88/share) vs $38.4M in Q2 2025; increase from non-cash warrant adjustments.
- Cash and equivalents $433.3M as of June 30, 2026, up from $149.6M at Dec 31, 2025; expected to fund operations into 2028.
- Rolling NDA submission for COMP360 in TRD underway; final submission expected Q4 2026; commercial launch targeted H1 2027.
- Positive Phase 3 data showed rapid onset and durable benefit through 6 months; COMP360 expected to be blockbuster if approved.
- R&D expenses $29.2M in Q2 2026 vs $30.3M in Q2 2025; G&A increased to $23.2M from $12.6M due to commercial prep.