NASDAQ$KRYS

Krystal Biotech Inc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Krystal Biotech reported strong Q2 2026 results driven by continued VYJUVEK commercialization across the US, Europe, and Japan.

The company achieved net product revenue of $119.2 million in the quarter, up 24% year-over-year, with net income reaching $54.8 million. Gross margin remained high at 95% while operating expenses grew modestly to support global expansion. Cash and investments totaled over $1.1 billion at quarter end, providing ample runway for ongoing development and commercialization activities.

  • VYJUVEK net product revenue reached $119.2 million in Q2 2026, with geographic expansion into Europe and Japan contributing to 24% YoY growth.
  • Net income increased 43% to $54.8 million, supported by 95% gross margins and disciplined expense management.
  • Cash, cash equivalents and investments totaled $1.10 billion, reflecting strong operating cash flow of $155.2 million for the first half of 2026.
  • R&D and SG&A expenses rose modestly to $14.5 million and $39.9 million respectively as the company advances its pipeline and global commercial infrastructure.

Headline financials

Total Revenue

$119M

Previous: $96M+24.1%
EPS (adj)

$1.85

Previous: $1.29+43.4%
SG&A Expenses

$39.9M

Previous: $35.2M+13.3%
Cash and Investments

$1.1B

Previous: $821M+34.4%
VYJUVEK Net Product Revenue

$119M

Previous: $96M+24.1%
R&D Expenses

$14.5M

Previous: $14.4M+0.7%
Net Income

$54.8M

Previous: $38.3M+42.9%
Operating Income

$58.4M

Previous: $39.3M+48.6%
Cash & Equivalents

$428M

No prior period

Revenue & EPS history

Krystal Biotech · Revenue · Quarterly

$119M

Q2 2026+24.1%vs Q2 2025
Beat estimate in 6 of 12 quarters(50%)
ActualEstimate

Revenue by segment

Krystal Biotech · $91.1M total across 1 segment · Q4 2024

  • VYJUVEK Net Product Revenue
    $91.1M

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.3%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+9.5%

Avg return

30 days after

54%

19 / 35 earnings

Positive

+52.8%

Q4 2023

Best reaction

-14.0%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-0.6%+14.9%+13.3%
Q4 2025+4.0%-5.3%-6.7%
Q3 2025+4.9%+0.2%+10.1%
Q2 2025-14.0%-11.7%-4.3%
Q1 2025-13.8%-18.6%-18.3%
Q4 2024+12.4%+19.3%+19.4%
Q3 2024-1.1%+13.2%+6.4%
Q2 2024-6.9%-5.1%-3.1%
Q1 2024+0.4%-3.9%+4.1%
Q4 2023+52.8%+50.7%+59.2%
Q3 2023-10.7%-19.3%-16.1%
Q2 2023-6.7%-4.2%-0.2%
Q1 2023+9.0%+4.7%+51.2%
Q4 2022+4.4%+0.7%+2.0%
Q3 2022+7.7%+4.7%+1.6%
Q2 2022-5.2%-3.4%-17.1%
Q1 2022-4.7%+0.4%+15.4%
Q4 2021+2.6%-8.2%+7.0%
Q3 2021-7.4%-7.4%+48.5%
Q2 2021-1.6%-6.2%-3.2%
Q1 2021-7.2%-4.0%-7.6%
Q4 2020+6.8%-7.8%-2.3%
Q3 2020+2.6%+3.1%+35.0%
Q2 2020+0.5%+6.7%+11.7%
Q1 2020+13.7%+25.3%+3.8%
Q4 2019-0.7%-12.0%-12.0%
Q3 2019+1.6%+0.5%+43.5%
Q2 2019-4.0%-3.3%-6.2%
Q1 2019+2.6%+14.6%+1.1%
Q4 2018-4.1%+1.9%+55.6%
Q3 2018-4.7%-1.5%+5.4%
Q2 2018+2.7%+1.5%+6.1%
Q1 2018+0.1%+0.2%+23.5%
Q4 2017+5.8%+21.2%+2.9%
Q3 2017+6.0%+1.9%+4.1%
Q2 2017
Q1 2017
Q4 2016
Q3 2016

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