NASDAQ$CGON

CG Oncology Inc · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

CG Oncology reported Q1 2026 revenue of $1.1M with a net loss of $60.2M as a clinical-stage biotech.

For the quarter ended March 31, 2026, CG Oncology reported total revenues of $1.1 million versus $52 thousand, including license revenue. Net loss was $60.2 million compared with $60.0 million a year ago. The company had $1.08 billion in cash and marketable securities and is developing cretostimogene for bladder cancer.

  • Revenue of $1.1M from collaboration and license activity.
  • Net loss of $60.2M on R&D spend of $43.7M.
  • Cash balance above $1B after equity raises.
  • Clinical-stage with no commercial product yet.
  • Jefferies ATM program completed during the quarter.

Headline financials

Total Revenue

$1.08M

Previous: $52K+1982.7%
EPS

-$0.71

Previous: -$0.45-57.8%
Capital Expenditures

-$304K

Previous: -$16K-1800.0%
Free Cash Flow

-$57.2M

Previous: -$34.5M-66.1%
Net Income

-$60.2M

Previous: -$34.5M-74.7%
Operating Income

-$66.4M

Previous: -$42.2M-57.3%
Gross Profit

-$66.4M

No prior period
Cash & Equivalents

$33.7M

No prior period
Total Assets

$1.14B

No prior period

Revenue & EPS history

CG Oncology Inc · Revenue · Quarterly

$1.08M

Q1 2026+1,982.7%vs Q1 2025
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

Pre-commercial biotech; MD&A focuses on clinical milestones without revenue or EPS guidance.

Tailwinds

  • Strong cash runway for pivotal trials.
  • Modest revenue from partnerships.

Headwinds

  • Substantial ongoing losses until approval.
  • Regulatory and clinical trial risks.

Historical earnings impact

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

Avg. return before/after earnings

Based on 8 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.6%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+5.6%

Avg return

30 days after

63%

5 / 8 earnings

Positive

+8.6%

Q3 2025

Best reaction

-7.4%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.6%+6.9%-22.5%
Q4 2025+4.8%+9.7%+15.2%
Q3 2025+8.6%+12.8%+8.4%
Q2 2025+2.1%+8.8%+35.8%
Q1 2025-3.9%+1.1%+5.3%
Q3 2024-6.8%-17.1%-27.3%
Q2 2024+7.0%+7.9%+22.5%
Q1 2024-7.4%-15.8%+7.6%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro