NASDAQ$ALXO

ALX Oncology Holdings Inc · Q2 2024 earnings

Q2 2024 earnings · · Before market open · Investor relations

Briefing

ALX Oncology Holdings Inc reported a net loss of $18.0 million for the second quarter ended June 30, 2026.

ALX Oncology Holdings Inc., a clinical-stage biotechnology company advancing novel cancer therapies, reported a net loss of $18.0 million for Q2 2026, primarily driven by research and development expenses of $13.1 million. The company maintained a strong liquidity position with $153.4 million in cash, cash equivalents and investments. Operating expenses decreased year-over-year due to pipeline prioritization and workforce adjustments.

  • Net loss of $18.0 million for the quarter, with basic and diluted EPS of $(0.13)
  • Research and development expenses totaled $13.1 million, down from $18.0 million in the prior year period
  • Cash, cash equivalents and investments reached $153.4 million as of June 30, 2026
  • Completed registered offering raising $140.4 million in net proceeds in February 2026

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.13

Previous: -$0.68+80.9%
Research and development expenses

$13.1M

No prior period
General and administrative expenses

$5.13M

No prior period
Stock-based compensation expense

$2.68M

No prior period
Capital Expenditures

$90K

Previous: $1.74M-94.8%
Net Income

-$18M

Previous: -$34.2M+47.5%
Operating Income

-$18M

Previous: -$36.8M+51.0%
Cash & Equivalents

$22.7M

Previous: $224M-89.9%
Total Assets

$161M

Previous: $246M-34.6%
R&D Expense

$34.7M

No prior period
Stock-Based Comp

$7.25M

Previous: $6.24M+16.3%

Revenue & EPS history

ALX Oncology · Revenue · Quarterly

$0

Q2 2024

Forward guidance

The company believes existing capital resources will be sufficient to fund projected operating requirements for at least the next twelve months.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.0%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+2.7%

Avg return

30 days after

59%

13 / 22 earnings

Positive

+26.0%

Q4 2024

Best reaction

-21.9%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2024
Q4 2026-10.2%-6.8%-13.2%
Q3 2025+15.5%+8.5%+20.3%
Q2 2025+7.4%+57.9%+72.4%
Q1 2025-8.2%-0.2%+25.9%
Q4 2024+26.0%-6.4%-50.4%
Q3 2024-5.2%-12.4%+5.9%
Q1 2024-2.4%-8.7%-45.8%
Q4 2023+3.0%-16.2%-17.2%
Q3 2023+13.2%+21.8%+70.5%
Q2 2023+1.4%-2.6%-1.4%
Q1 2023+0.6%-7.0%+23.3%
Q4 2022-13.6%-15.9%-28.7%
Q3 2022-1.8%+1.1%-14.2%
Q2 2022+2.6%+26.6%+5.6%
Q1 2022-6.8%-8.1%-24.1%
Q4 2021+7.7%-1.3%+2.7%
Q3 2021+8.8%+6.3%-26.4%
Q2 2021+0.6%+2.1%+16.6%
Q1 2021-1.1%-1.6%+7.3%
Q4 2020-21.9%-19.4%-24.8%
Q3 2020+4.2%+34.6%+65.1%
Q2 2020+2.0%-3.8%-10.0%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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