NASDAQ$ENGN

enGene Therapeutics Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

enGene reported a net loss in Q2 2025 driven by a substantial rise in R&D expenses related to its LEGEND trial.

enGene saw a significant increase in operating expenses in Q2 2025, resulting in a net loss of $25.8 million. The company emphasized progress in its pivotal LEGEND trial and reaffirmed its cash runway into 2027.

  • Net loss widened to $25.8 million due to increased R&D investment
  • EPS came in at -$0.51 compared to -$0.38 a year ago
  • Cash, cash equivalents, and marketable securities stood at $251.5 million
  • Company remains on track for a BLA filing in mid-2026 for detalimogene

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.51

Previous: -$0.38-34.2%
Capital Expenditures

-$344K

Previous: -$179K-92.2%
Free Cash Flow

-$49M

No prior period
Net Income

-$25.8M

Previous: -$15M-72.3%
Operating Income

-$27.1M

Previous: -$17.3M-56.7%
Gross Profit

-$50K

Previous: -$78K+35.9%
Cash & Equivalents

$57.5M

No prior period
Total Assets

$267M

No prior period

Revenue & EPS history

Engene · Revenue · Quarterly

$0

Q2 2025

Forward guidance

enGene expects continued progress in its LEGEND trial with preliminary data updates in 2H 2025 and is targeting a BLA submission by mid-2026.

Tailwinds

  • Strong enrollment in LEGEND study
  • EMA feedback supports conditional marketing application
  • BLA filing timeline remains on track
  • Cash runway extended into 2027
  • Recognition as Biotech Company of the Year

Headwinds

  • Increased R&D and G&A expenses leading to larger net loss
  • No reported revenue in the quarter
  • Operational dependency on trial milestones
  • Reliance on interest income to offset losses
  • No new commercial products yet launched

Historical earnings impact

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

Avg. return before/after earnings

Based on 14 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-2.6%

Avg return

Earnings day

-1.6%

Avg return

5 days after

+17.4%

Avg return

30 days after

43%

6 / 14 earnings

Positive

+5.3%

Q4 2025

Best reaction

-18.9%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-18.9%-17.5%-15.8%
Q4 2025+5.3%+8.3%+21.3%
Q3 2025-6.3%+7.6%+38.4%
Q2 2025-0.9%+0.9%+2.8%
Q1 2025+4.9%-10.1%-22.3%
Q4 2024-1.7%+6.6%+20.4%
Q3 2023+1.8%+1.7%+4.3%
Q3 2024+1.8%+1.7%+4.3%
Q2 2024-13.5%-16.4%-9.3%
Q2 2023-13.5%-16.4%-9.3%
Q1 2024+4.9%+5.2%-1.6%
Q1 2023+4.9%+5.2%-1.6%
Q4 2023-2.7%+0.5%+106.1%
Q4 2022-2.7%+0.5%+106.1%

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