NASDAQ$KRRO

Korro Bio Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Korro Bio reported Q1 2026 with no collaboration revenue and a net loss of $19.6M as KRRO-121 development continues.

Korro had no collaboration revenue in Q1 2026 versus $2.6 million a year ago as prior partnership milestones rolled off. The net loss narrowed to $19.6 million from $23.4 million on lower R&D spend of $13.0 million. The company raised ~$85 million in a March 2026 PIPE and ended the quarter with a going-concern assessment tied to pre-commercial stage.

  • Collaboration revenue $0 vs $2.6M YoY.
  • Net loss $(19.6)M; R&D $13.0M vs $19.7M.
  • March 2026 PIPE raised ~$85M gross.
  • Accumulated deficit exceeds $403M.
  • KRRO-121 regulatory path remains key catalyst.

Headline financials

Total Revenue

$0.00

Previous: $2.55M-100.0%
EPS (adj)

-$1.69

Previous: -$2.49+32.1%
Capital Expenditures

-$21K

Previous: -$119K+82.4%
Net Income

-$19.6M

Previous: -$23.4M+16.1%
Operating Income

-$20.4M

Previous: -$25M+18.3%

Revenue & EPS history

Korro Bio · Revenue · Quarterly

$0

Q1 2026-100%vs Q1 2025
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Forward guidance

Filings focus on KRRO-121 clinical timelines, partnership optionality, and cash runway rather than revenue guidance.

Tailwinds

  • Loss narrowed on lower R&D burn.
  • Fresh equity strengthens balance sheet.

Headwinds

  • No product revenue; dependence on capital markets.
  • Clinical and regulatory milestones drive volatility.

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 Q1 2026

Historical avgQ1 2026

-4.6%

Avg return

Earnings day

+4.3%

Avg return

5 days after

+1.9%

Avg return

30 days after

43%

10 / 23 earnings

Positive

+20.6%

Q4 2023

Best reaction

-79.3%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.3%-16.3%-20.5%
Q4 2025-0.4%+14.5%+20.4%
Q3 2025-79.3%-80.2%-73.8%
Q1 2025+4.1%-2.0%-11.8%
Q4 2024-5.3%-5.7%-1.6%
Q3 2024-25.2%-35.3%-40.2%
Q2 2024+10.4%+22.1%+12.4%
Q1 2024+5.0%+8.8%-15.4%
Q4 2023+20.6%+22.6%-20.3%
Q3 2023+9.4%+192.6%+246.3%
Q2 2023-4.1%-1.4%-39.0%
Q1 2023-5.6%+6.2%+1.9%
Q4 2022+3.1%-2.4%-24.2%
Q3 2022-5.8%+4.4%-11.1%
Q2 2022-11.1%-10.7%-4.9%
Q1 2022+4.0%+1.6%-8.0%
Q3 2021+3.2%-3.5%-17.0%
Q2 2021+0.5%-9.9%-12.3%
Q1 2021-20.3%-14.6%-4.6%
Q3 2020-6.4%+4.6%+59.7%
Q2 2020-1.7%-4.2%-19.8%
Q1 2020-1.1%+5.1%+16.0%
Q3 2019+4.8%+3.6%+11.4%

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