NASDAQ$MLYS
Mineralys Therapeutics Inc · Q2 2024 earnings
Q2 2024 earnings · · After market close · Investor relations
Briefing
Mineralys Therapeutics Inc reported Q2 2026 financial results with a net loss of $241.1 million driven by a $200 million upfront license payment.
The company recorded no revenue and a net loss of $241.1 million for the three months ended June 30, 2026. Research and development expenses totaled $221.4 million, including a $200 million payment to Tanabe, while general and administrative expenses were $24.7 million. Cash and cash equivalents stood at $138.3 million at quarter end.
- Net loss of $241.1 million for Q2 2026, primarily due to $200 million Tanabe license amendment payment.
- R&D expenses reached $221.4 million; G&A expenses were $24.7 million.
- Cash, cash equivalents, and investments totaled $661.4 million, supporting operations for at least 12 months.
- NDA for lorundrostat accepted by FDA with PDUFA target date of December 22, 2026.
Headline financials
Revenue & EPS history
Mineralys Therapeutics · Revenue · Quarterly
$0
Forward guidance
No explicit numerical guidance provided.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 14 quarterly earnings reports
-1.0%
Avg return
Earnings day
-5.9%
Avg return
5 days after
+5.5%
Avg return
30 days after
53%
8 / 15 earnings
Positive
+10.0%
Q4 2024
Best reaction
-9.2%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2024 | — | — | — | |
| Q4 2026 | -2.9% | -2.9% | -21.3% | |
| Q3 2025 | +5.9% | -8.2% | -19.0% | |
| Q2 2025 | +0.4% | +13.5% | +174.6% | |
| Q1 2025 | +2.6% | +4.8% | +6.1% | |
| Q4 2024 | +10.0% | +6.0% | +47.5% | |
| Q3 2024 | -4.7% | -18.2% | -7.8% | |
| Q1 2024 | -7.7% | -10.9% | -10.3% | |
| Q4 2023 | -4.1% | -4.1% | -15.7% | |
| Q3 2022 | +0.7% | -20.4% | -14.8% | |
| Q3 2023 | +0.7% | -20.4% | -14.8% | |
| Q2 2023 | +0.5% | -3.7% | -8.9% | |
| Q2 2022 | +0.5% | -3.7% | -8.9% | |
| Q1 2022 | -4.3% | -4.0% | -1.2% | |
| Q1 2023 | -4.3% | -4.0% | -1.2% | |
| Q4 2022 | -9.2% | -12.3% | -22.0% | |
| Q4 2021 | — | — | — |
Discussion
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