NASDAQ$ENGN

enGene Therapeutics Inc · Q2 2026 earnings

Q2 2026 earnings · · Investor relations

Briefing

enGene Therapeutics Inc reported a net loss of $30.2 million for the second quarter of 2026.

The clinical-stage biotech company focused on genetic medicines for bladder cancer incurred a net loss of $30.2 million in Q2 2026, driven by R&D and G&A expenses totaling $32.0 million. Cash, cash equivalents and marketable securities stood at $285.2 million at quarter end, supporting ongoing pivotal trial activities for detalimogene. The company remains pre-revenue with no product sales.

  • Net loss of $30.2 million for the three months ended April 30, 2026, compared to $25.8 million in the prior year period.
  • R&D expenses rose to $22.2 million, reflecting increased clinical operations and personnel costs for the LEGEND trial.
  • Cash and marketable securities totaled $285.2 million, providing runway for at least the next 12 months.
  • Company plans to initiate BLA submission for detalimogene in the second half of 2026 following FDA engagement.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.43

Previous: -$0.51+15.7%
G&A Expenses

$9.77M

No prior period
Total Operating Expenses

$32M

No prior period
Net Loss per Share

-$0.43

No prior period
Weighted Avg Shares

69.7M

No prior period
R&D Expenses

$22.2M

No prior period
Capital Expenditures

-$251K

Previous: -$344K+27.0%
Free Cash Flow

-$59.7M

Previous: -$49M-21.8%
Net Income

-$30.2M

Previous: -$25.8M-17.1%
Operating Income

-$32M

Previous: -$27.1M-17.9%
Gross Profit

-$50K

Previous: -$50K+0.0%
Cash & Equivalents

$29.8M

Previous: $57.5M-48.2%
Total Assets

$308M

Previous: $267M+15.3%

Revenue & EPS history

Engene · Revenue · Quarterly

$0

Q2 2026

Forward guidance

Company expects to initiate BLA submission in second half of 2026 and is implementing workforce reduction to preserve cash.

Tailwinds

  • Strong cash position of $285.2 million supports operations
  • Pivotal cohort enrollment completed for LEGEND trial

Headwinds

  • Ongoing net losses and pre-revenue status
  • Workforce reduction of ~50% announced post-quarter

Historical earnings impact

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

Avg. return before/after earnings

Based on 14 quarterly earnings reports

Historical avg

-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%

Discussion

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