NASDAQ$CMPS

COMPASS Pathways plc · Q4 2026 earnings

Q4 2026 earnings · · Before market open · Investor relations

Briefing

COMPASS Pathways reported fiscal Q4 2026 revenue of $0 with net income of $91.2M and basic EPS of $0.71.

For the quarter ended March 31, 2026, COMPASS Pathways had no revenue and reported net income of $91.2 million versus a net loss of $17.9 million a year ago, driven by a $109.5 million fair-value gain on warrant liabilities. Basic EPS was $0.71 compared with a loss of $0.20. R&D expense was $22.4 million on COMP360 psilocybin therapy trials for treatment-resistant depression.

  • No revenue; reported net income $91.2M from warrant fair-value gain.
  • Basic EPS $0.71 versus prior-year loss of $0.20.
  • R&D expense $22.4M on COMP360 Phase 3 programs.
  • Operating losses continue excluding warrant mark-to-market.
  • Cash supports pivotal trial execution and regulatory prep.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

$0.71

No prior period
Net Income

$91.2M

No prior period
Operating Income

-$42.9M

No prior period

Revenue & EPS history

COMPASS · Revenue · Quarterly

$0

Q4 2026

Forward guidance

COMPASS does not provide EPS guidance in the 10-Q. MD&A focuses on COMP360 Phase 3 readouts, regulatory interactions, and potential commercial infrastructure ahead of approval.

Tailwinds

  • Strong cash position after warrant exercises and financing.
  • Phase 3 TRD program advancing toward potential approval.

Headwinds

  • Reported net income driven by non-operating warrant fair-value gains.
  • No product revenue until potential COMP360 launch.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2026

Historical avgQ4 2026

-0.7%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+4.1%

Avg return

30 days after

32%

6 / 19 earnings

Positive

+25.1%

Q2 2022

Best reaction

-23.3%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-5.9%+12.7%+29.1%
Q3 2025-0.5%+4.7%-12.3%
Q1 2025+0.5%+4.3%+28.3%
Q4 2024+5.9%+4.1%-20.5%
Q3 2024-23.3%-27.0%-25.8%
Q1 2024+0.0%-4.9%-18.7%
Q4 2023-7.2%-12.1%-32.7%
Q3 2023+10.9%+4.7%+5.5%
Q2 2023-4.7%-8.8%+4.2%
Q1 2023-4.1%-2.3%-8.7%
Q4 2022-3.4%+0.8%+23.3%
Q3 2022+2.0%-3.9%+14.4%
Q2 2022+25.1%+18.1%+4.6%
Q1 2022-8.2%+3.7%+33.0%
Q4 2021+8.1%+15.5%-1.1%
Q2 2021-5.8%-8.1%+5.4%
Q4 2020-1.2%+4.5%-5.9%
Q4 2019-1.2%+4.5%-5.9%
Q3 2020-0.2%+1.4%+61.6%
Q1 2020
Q3 2019
Q2 2019
Q1 2019

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