NASDAQ$GHRS

GH Research PLC · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

GH Research PLC reported Q2 2026 financial results showing a net loss of $15.1 million amid continued Phase 3 preparations for GH001.

The clinical-stage biopharmaceutical company reported no revenue for the quarter ended June 30, 2026. R&D expenses rose to $12.4 million and G&A to $7.1 million, resulting in a net loss of $15.1 million ($0.23 per share). Cash, cash equivalents and marketable securities reached $362.7 million following a $117.5 million equity offering.

  • Net loss of $15.1 million ($0.23 per share) for Q2 2026, up from $9.3 million ($0.15 per share) in Q2 2025.
  • Cash position strengthened to $362.7 million as of June 30, 2026, boosted by $117.5 million gross proceeds from underwritten offering.
  • R&D expenses increased to $12.4 million and G&A to $7.1 million, reflecting expanded clinical development.
  • FDA confirmed CMC and device plans appear Phase 3 ready; company targets initiation of global pivotal program for GH001 in TRD in 2026.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.23

Previous: -$0.15-53.3%
R&D Expenses

$12.4M

No prior period
G&A Expenses

$7.06M

No prior period
Net Income

-$15.1M

Previous: -$9.3M-62.9%
Operating Income

-$19.5M

No prior period
Cash & Equivalents

$345M

Previous: $309M+11.8%
Total Assets

$372M

No prior period

Revenue & EPS history

GH Research · Revenue · Quarterly

$0

Q2 2026

Forward guidance

Company targets initiation of global Phase 3 pivotal program for GH001 in TRD in 2026 following FDA feedback on CMC and device plans.

Tailwinds

  • FDA written responses confirm CMC and device plans appear Phase 3 ready
  • Completed Phase 1 trials GH001-HV-106 and GH001-HV-109; doses selected for pivotal program
  • Strengthened IP with new U.S. patent to 2043 and maintained EU patent to 2040

Historical earnings impact

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

Avg. return before/after earnings

Based on 10 quarterly earnings reports

Historical avg

+0.7%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+0.3%

Avg return

30 days after

55%

6 / 11 earnings

Positive

+24.4%

Q3 2021

Best reaction

-19.3%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026+1.3%+0.2%-3.7%
Q3 2025-1.2%+4.6%+9.6%
Q4 2025-4.8%-10.2%-21.6%
Q2 2025+2.2%+10.2%+19.3%
Q4 2024-2.9%-14.4%+0.8%
Q2 2024-19.3%-21.6%-37.8%
Q1 2024+4.5%+7.1%+25.9%
Q2 2023-5.8%+1.2%-5.0%
Q1 2023+8.2%+6.9%+24.6%
Q4 2021+1.1%+7.5%-15.6%
Q3 2021+24.4%+24.4%+7.1%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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