NASDAQ$INKT

Mink Therapeutics Inc · Q4 2026 earnings

Q4 2026 earnings · · Before market open · Investor relations

Briefing

MiNK Therapeutics reported a net loss of $2.7 million for the first quarter of 2026 with continued progress on its iNKT cell therapy pipeline.

MiNK Therapeutics, a clinical-stage biotech developing allogeneic iNKT cell therapies, posted a Q1 2026 net loss of $2.74 million compared to $2.77 million in the prior-year quarter. Operating expenses totaled $2.88 million, driven by R&D and G&A activities supporting ongoing clinical trials in oncology, pulmonary diseases, and GvHD. The company ended the quarter with $9.5 million in cash and subsequently raised additional funds via ATM sales while repaying its related-party note.

  • Net loss narrowed slightly to $2.74 million from $2.77 million year-over-year as R&D expenses declined 5%.
  • Cash position stood at $9.53 million at quarter-end after repaying the $5 million Agenus note and raising $3.0 million via ATM equity sales.
  • Clinical momentum continued with Phase 2 trials advancing for agenT-797 in severe pneumonia and gastroesophageal cancers plus new GvHD prevention study.
  • Preclinical progress on engineered candidates MiNK-215 and MiNK-413 supported by manufacturing and translational data updates.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.57

No prior period
Cash used in operations

$1.73M

No prior period
Free Cash Flow

-$1.73M

No prior period
Net Income

-$2.74M

No prior period
Operating Income

-$2.88M

No prior period
Cash & Equivalents

$9.53M

No prior period
Total Assets

$10.4M

No prior period

Revenue & EPS history

Mink Therapeutics · Revenue · Quarterly

$0

Q4 2026

Forward guidance

Company expects to require additional funding to advance clinical programs and maintain operations beyond the next twelve months.

Tailwinds

  • Substantial doubt about going concern disclosed but mitigated by anticipated funding sources
  • Multiple clinical data readouts expected in second half of 2026

Headwinds

  • Continued operating losses and negative cash flows projected
  • Additional capital raises likely to be dilutive

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2026

Historical avgQ4 2026

-3.6%

Avg return

Earnings day

-4.9%

Avg return

5 days after

-1.7%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+14.6%

Q3 2022

Best reaction

-42.0%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+3.9%+2.2%+13.3%
Q3 2025-1.9%-16.6%-6.1%
Q2 2025-13.6%-16.0%-17.7%
Q1 2025-3.3%-3.8%-3.3%
Q4 2024-3.3%+6.8%-14.9%
Q3 2024-5.0%-13.5%-22.4%
Q2 2024+0.6%-3.0%-8.5%
Q1 2024+6.1%+3.1%-1.4%
Q4 2023-2.9%+4.7%-2.2%
Q3 2023-11.8%-20.2%-14.3%
Q2 2023+1.7%-5.0%-26.1%
Q1 2023+13.9%+11.3%+44.4%
Q4 2022+0.5%-3.4%-3.4%
Q3 2022+14.6%+17.8%+18.3%
Q2 2022+13.2%+25.7%+114.7%
Q1 2022-26.7%-26.7%-13.1%
Q4 2021-6.1%-4.2%-5.5%
Q3 2021-6.1%-4.2%-5.5%
Q2 2021-42.0%-47.6%-78.6%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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