NASDAQ$ALLO

Allogene Therapeutics Inc. · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Allogene Therapeutics reported Q1 2026 revenue of $0 with a net loss of $42.6M and diluted loss per share of $0.18.

For the quarter ended March 31, 2026, Allogene had no collaboration revenue and reported a net loss of $42.6 million versus $59.7 million a year ago. Diluted loss per share was $0.18 compared with $0.28. R&D expense was $38.2 million on allogeneic CAR T programs including cema-cel. The company raised approximately $187.9 million in net proceeds in an April 2026 offering, extending cash runway into Q1 2029.

  • No revenue; net loss improved to $42.6M from $59.7M.
  • Diluted loss per share $0.18 versus $0.28.
  • R&D expense $38.2M on allogeneic cell therapy pipeline.
  • April 2026 offering added ~$187.9M net proceeds.
  • Cash runway extended into Q1 2029 including offering proceeds.

Headline financials

Total Revenue

$800K

Previous: $0.00
EPS (adj)

-$0.18

Previous: -$0.28+35.7%
Capital Expenditures

-$9K

Previous: -$99K+90.9%
Net Income

-$42.6M

Previous: -$59.7M+28.7%
Operating Income

-$46.1M

Previous: -$65.2M+29.3%

Revenue & EPS history

Allogene · Revenue · Quarterly

$800K

Q1 2026
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Forward guidance

Allogene expects cash runway into Q1 2029 including April 2026 offering proceeds and does not provide EPS guidance. MD&A highlights ALPHA3 and other cema-cel trials plus pipeline milestones.

Tailwinds

  • Net loss narrowed 29% year over year.
  • Post-quarter financing extended runway to Q1 2029.

Headwinds

  • No commercial revenue and substantial ongoing R&D burn.
  • Clinical and regulatory risks for allogeneic CAR T programs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.1%

Avg return

Earnings day

-2.7%

Avg return

5 days after

-5.0%

Avg return

30 days after

53%

16 / 30 earnings

Positive

+23.7%

Q3 2023

Best reaction

-11.8%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%-16.0%-17.7%
Q4 2025-2.8%-13.0%+10.1%
Q3 2025+10.7%+17.1%+36.2%
Q1 2025-1.8%-1.8%+23.4%
Q4 2024+2.6%-10.6%-23.3%
Q3 2024-4.3%-11.8%-32.0%
Q2 2024-7.5%-7.5%-5.5%
Q1 2024+7.2%+0.4%-6.9%
Q4 2023-4.5%-10.0%-22.1%
Q3 2023+23.7%+15.9%-11.0%
Q2 2023+7.3%-11.3%-15.4%
Q1 2023+20.6%+18.1%+4.9%
Q4 2022+0.2%-5.4%-21.5%
Q3 2022-9.9%-14.2%-10.5%
Q2 2022+1.5%+8.1%-3.5%
Q1 2022+2.3%-18.9%-8.0%
Q4 2021-4.8%-5.9%-0.7%
Q3 2021-0.1%-5.8%-12.6%
Q2 2021+8.2%+3.2%+16.1%
Q1 2021-0.7%-1.4%-19.0%
Q4 2020+0.8%+0.5%-1.9%
Q3 2020-11.8%-17.5%-0.4%
Q2 2020+0.3%-0.6%-10.9%
Q1 2020-0.9%+8.2%+38.1%
Q4 2019+6.1%+8.1%-21.7%
Q3 2019-10.5%-5.5%+2.1%
Q2 2019+4.4%-0.9%-7.4%
Q1 2019-2.1%-2.5%-16.5%
Q4 2018-4.7%-9.3%-5.7%
Q3 2018+3.8%+8.3%-5.5%
Q2 2018
Q1 2018

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