NASDAQ$FLNA

Filana Therapeutics Inc · Q4 2026 earnings

Q4 2026 earnings · · Before market open · Investor relations

Briefing

Filana Therapeutics reported Q1 2026 with no product revenue and a net loss of $10.3M ($0.21 per share) on pipeline spend.

Filana had no product revenue in the quarter. Total operating expenses were $11.2 million (R&D $4.5M, G&A $6.6M), down from $24.6 million. Net loss was $10.3 million ($0.21 per share) versus $23.4 million as prior-year R&D was elevated.

  • No product revenue; operating expenses $11.2M.
  • Net loss $(10.3)M; EPS $(0.21) vs $(0.49).
  • R&D $4.5M on neuro pipeline.
  • Cash used in operations $8.9M.
  • Loss narrowed on lower R&D spend.

Headline financials

EPS (adj)

-$0.21

No prior period
Net Income

-$10.3M

No prior period
Operating Income

-$11.2M

No prior period

Revenue & EPS history

Cassava Sciences · Revenue · Quarterly

$0

Q3 2025

Forward guidance

Filings discuss clinical milestones and cash runway through 2026 without revenue guidance.

Tailwinds

  • Operating spend reduced YoY.
  • Interest income offsets part of burn.

Headwinds

  • Pre-revenue; dependent on future financing.
  • Clinical trial timing drives cash needs.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2026

Historical avgQ4 2026

+0.3%

Avg return

Earnings day

+1.0%

Avg return

5 days after

-5.1%

Avg return

30 days after

40%

23 / 57 earnings

Positive

+16.1%

Q4 2013

Best reaction

-12.6%

Q3 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-0.5%-16.7%-9.0%
Q3 2025+5.2%-10.6%-5.8%
Q2 2025+5.3%-3.9%-7.5%
Q1 2025-1.0%+1.4%-1.9%
Q4 2024+3.3%+17.1%-42.1%
Q3 2024+1.3%-0.7%-87.9%
Q1 2024-2.3%+9.0%-7.0%
Q4 2023-0.3%-2.1%-11.8%
Q3 2023+3.3%-8.2%-2.8%
Q2 2023-4.0%-10.5%+0.3%
Q1 2023-4.5%-3.9%-2.2%
Q4 2022+0.8%+6.9%-3.1%
Q3 2022-1.2%+6.6%+4.6%
Q2 2022-11.6%+0.2%+27.3%
Q1 2022-5.3%-6.3%+37.7%
Q4 2021-5.4%-12.2%-9.3%
Q3 2021-7.6%-22.8%-43.8%
Q2 2021+10.3%+20.5%-32.0%
Q1 2021+12.2%+30.0%+55.6%
Q4 2020-12.5%-16.6%-35.4%
Q3 2020-6.5%-21.8%-26.4%
Q2 2020+9.9%+20.9%+13.7%
Q1 2020+0.0%+22.8%-67.0%
Q4 2019+2.6%-1.0%+71.6%
Q3 2019+4.7%+3.1%+13.4%
Q2 2019-7.5%-6.8%-4.5%
Q1 2019-2.7%-5.3%+1.8%
Q4 2018-4.1%+6.6%-6.6%
Q3 2018-4.1%+0.0%-9.0%
Q2 2018-0.4%+1.4%-56.6%
Q1 2018+12.1%+11.5%+26.4%
Q4 2017-5.6%-1.9%+11.4%
Q3 2017-2.6%+3.4%+15.0%
Q2 2017-4.7%+0.3%-4.4%
Q1 2017+2.6%+10.4%-19.1%
Q4 2016+0.0%+0.0%+18.6%
Q3 2016+15.4%-1.5%-7.7%
Q2 2016+5.8%+17.9%+12.9%
Q1 2016+3.4%
Q4 2015+9.2%
Q3 2015+0.0%
Q2 2015+0.0%
Q1 2015+0.0%
Q4 2014-4.4%
Q3 2014-12.6%
Q2 2014-4.0%
Q1 2014-3.7%
Q4 2013+16.1%
Q3 2013-4.4%
Q2 2013-4.1%
Q1 2013+3.8%
Q4 2012+3.9%
Q4 2011-1.9%
Q1 2011+3.6%
Q3 2010+5.4%
Q2 2010+9.1%
Q1 2010-1.1%

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