NASDAQ$ALT

Altimmune Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Altimmune reported Q1 2026 revenue of $0 with a net loss of $22.6M and diluted loss per share of $0.18.

For the quarter ended March 31, 2026, Altimmune had no product revenue and reported a net loss of $22.6 million versus $19.6 million a year ago. Diluted loss per share was $0.18 on a weighted average of 124.5 million shares. R&D expense rose to $16.2 million from $15.8 million while G&A was $8.1 million. Other income of $1.7 million was driven primarily by interest income of $2.9 million.

  • No revenue in Q1 2026; net loss widened to $22.6M from $19.6M.
  • R&D spending was $16.2M as clinical programs advanced.
  • Interest income of $2.9M partially offset operating losses.
  • Diluted loss per share was $0.18 versus $0.26 a year ago on a larger share base.
  • The company remains pre-commercial with obesity and liver-disease candidates in development.

Headline financials

Total Revenue

$5K

Previous: $5K+0.0%
EPS (adj)

-$0.18

Previous: -$0.26+30.8%
Capital Expenditures

-$21K

Previous: $0.00
Net Income

-$22.6M

Previous: -$19.6M-15.3%
Operating Income

-$24.2M

Previous: -$21.8M-11.1%

Revenue & EPS history

Altimmune · Revenue · Quarterly

$5K

Q1 2026+0%vs Q1 2025
Beat estimate in 9 of 12 quarters(75%)
ActualEstimate

Forward guidance

The quarterly filing does not include numeric revenue or EPS guidance. Altimmune outlines clinical milestones for pemvidutide and HepTcell in MD&A without issuing formal financial targets.

Tailwinds

  • Higher interest income helped reduce the net loss per share despite wider operating losses.
  • Ongoing clinical development of lead candidates continues per management discussion.

Headwinds

  • No commercial revenue and rising R&D spend keep the company cash-consumptive.
  • Operating losses remain substantial ahead of potential product approvals.

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

+2.4%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+5.6%

Avg return

30 days after

60%

21 / 35 earnings

Positive

+35.0%

Q2 2022

Best reaction

-25.1%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%-8.8%-15.3%
Q4 2025-17.6%-9.6%-21.8%
Q3 2025+5.1%+14.1%+39.7%
Q1 2025-4.2%-7.2%+19.0%
Q4 2024+8.1%+0.3%-10.4%
Q3 2024+29.5%+3.5%+16.9%
Q2 2024+12.2%+14.7%+12.7%
Q1 2024+0.8%+9.2%-9.8%
Q4 2023+17.7%+18.3%-16.1%
Q3 2023+1.1%-6.4%+146.4%
Q2 2023+2.0%-4.7%-16.9%
Q1 2023+2.2%-6.6%-19.7%
Q4 2022+1.9%-2.0%-64.3%
Q3 2022+10.3%+12.7%+4.2%
Q2 2022+35.0%+37.3%+55.4%
Q1 2022+31.0%+34.3%+117.0%
Q4 2021+2.2%+12.1%-18.7%
Q3 2021-0.5%+1.3%-12.3%
Q2 2021+6.6%+14.9%+56.8%
Q1 2021+5.2%+4.7%+23.0%
Q4 2020-18.6%-19.5%-29.3%
Q3 2020-25.1%-18.6%-1.1%
Q2 2020-13.5%-5.5%-54.3%
Q1 2020+21.4%+21.6%+103.8%
Q4 2019-7.1%-6.5%-2.8%
Q3 2019-8.0%-10.9%-1.7%
Q2 2019-6.5%-6.5%-0.9%
Q1 2019+2.7%-4.7%-3.5%
Q4 2018+3.4%+6.6%-0.7%
Q3 2018-6.8%-9.1%-31.5%
Q2 2018+4.9%+0.3%-21.0%
Q1 2018+10.8%-1.9%+1.7%
Q4 2017-8.3%-5.9%-36.0%
Q3 2017-1.0%-7.1%-25.1%
Q2 2017-10.3%-12.0%+11.6%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2012
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q3 2012
Q2 2012
Q1 2011
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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