NASDAQ$IMVT

Immunovant Inc · Q1 2028 earnings

Q1 2028 earnings · · Before market open · Investor relations

Briefing

Immunovant Inc reported financial results for the first quarter ended June 30, 2026.

Immunovant reported a net loss of $153.2 million for the quarter, driven by increased R&D spending on IMVT-1402 development. Cash position remained strong at $797.8 million, supporting ongoing clinical programs across multiple indications.

  • Net loss widened to $153.2 million from $120.6 million year-over-year due to higher R&D expenses.
  • R&D expenses rose 41% to $142.6 million, focused on IMVT-1402 trials in GD, RA, MG, CIDP, SjD and CLE.
  • G&A expenses declined to $17.7 million, aided by lower stock-based compensation.
  • Cash and cash equivalents totaled $797.8 million, providing runway for continued development.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.75

No prior period
General and administrative expenses

$17.7M

No prior period
Stock-based compensation expense

$13.5M

No prior period
Research and development expenses

$143M

No prior period
Net Income

-$153M

No prior period
Operating Income

-$160M

No prior period
Cash & Equivalents

$798M

No prior period

Revenue & EPS history

Immunovant · Revenue · Quarterly

$0

Q1 2028
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

+0.6%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+3.3%

Avg return

30 days after

54%

15 / 28 earnings

Positive

+35.1%

Q4 2027

Best reaction

-34.6%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2028
Q4 2027+35.1%+29.9%+34.5%
Q3 2026+12.4%+7.8%+10.8%
Q2 2026+0.0%+1.7%+0.9%
Q1 2026-4.5%-1.6%+4.8%
Q4 2025-0.2%+3.0%+8.1%
Q3 2025-9.6%-14.1%-11.1%
Q2 2025-2.5%-6.8%-8.9%
Q1 2025+1.0%+9.4%+25.9%
Q4 2024-7.1%-11.3%-7.1%
Q3 2024+4.0%+4.6%-10.4%
Q2 2024-2.3%+4.7%+17.4%
Q1 2024+7.4%-1.9%+11.5%
Q4 2023+4.9%-0.8%-5.1%
Q3 2023+0.7%+2.0%-6.9%
Q2 2023+6.3%-2.1%+23.2%
Q1 2023+19.4%+24.7%+23.7%
Q4 2022-12.6%-20.4%+0.2%
Q3 2022-2.7%-2.5%-8.8%
Q2 2022+1.1%-0.3%-12.8%
Q1 2022+4.4%+1.7%+15.5%
Q4 2021-34.6%-34.5%-25.0%
Q3 2021-13.6%-18.6%-25.0%
Q2 2021+3.1%+7.3%-4.0%
Q1 2021+3.7%+2.3%+40.2%
Q4 2020-11.0%-13.5%-14.2%
Q3 2020+12.5%+13.2%+1.3%
Q2 2020+0.1%+0.1%+13.9%
Q1 2020+0.0%+0.0%+0.6%
Q3 2019
Q2 2018
Q1 2018

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro