NASDAQ$IMVT
Immunovant Inc · Q3 2026 earnings
Q3 2026 earnings · · Before market open · Investor relations
Briefing
Immunovant reported a quarterly net loss as it continued to invest in advancing IMVT-1402 across multiple indications.
Immunovant posted no revenue and a net loss in Q3 fiscal 2026, reflecting continued investment in research and development to advance its clinical pipeline, while maintaining a strong cash position following recent financing.
- The company reported no product revenue during the quarter.
- Net loss narrowed slightly compared to the prior-year quarter.
- R&D spending remained elevated to support late-stage clinical trials.
- Cash and cash equivalents provided extended runway into potential commercialization.
Headline financials
Revenue & EPS history
Immunovant · Revenue · Quarterly
$0
Forward guidance
Management emphasized continued clinical progress and sufficient liquidity to support ongoing trials and upcoming data readouts.
Tailwinds
- IMVT-1402 potentially registrational trial in D2T RA fully enrolled.
- Multiple IMVT-1402 studies across indications remain on track.
- Recent financing significantly extended cash runway.
- Upcoming Phase 3 and proof-of-concept data expected in 2026.
- Strong balance sheet supports long-term development strategy.
Headwinds
- Continued operating losses expected as development progresses.
- High R&D spending requirements across multiple trials.
- No near-term product revenue expected.
- Clinical and regulatory risks inherent in drug development.
- Dependence on successful trial outcomes for future value creation.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2026
+0.6%
Avg return
Earnings day
-1.7%
Avg return
5 days after
+2.2%
Avg return
30 days after
54%
15 / 28 earnings
Positive
+35.1%
Q4 2027
Best reaction
-34.6%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2027 | +35.1% | — | — | |
| 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 | — | — | — |
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