NASDAQ$MREO

Mereo Biopha-Adr · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Mereo BioPharma reported Q1 2026 net loss of $2.8M.

For the quarter ended March 31, 2026, Mereo BioPharma reported a net loss of approximately $2.8 million versus $1.7 million a year ago as rare-disease programs progress.

  • Net loss $2.8M.
  • Rare disease pipeline.
  • Lower burn than larger peers.
  • Partnership potential on assets.

Headline financials

EPS (adj)

-$0.01

Previous: -$0.02+50.0%
Capital Expenditures

$0.00

No prior period
Net Income

-$6.72M

Previous: -$12.9M+47.9%
Operating Income

-$8.77M

Previous: -$11.2M+21.7%

Revenue & EPS history

Mereo Biopha-Adr · Revenue · Quarterly

$0

Q3 2025
Beat estimate in 0 of 4 quarters(0%)
ActualEstimate

Forward guidance

Milestone payments and partnerships could fund operations.

Tailwinds

  • Contained quarterly loss.
  • Multiple orphan programs.

Headwinds

  • No product revenue disclosed.
  • Dependent on external funding.

Historical earnings impact

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

Avg. return before/after earnings

Based on 12 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+3.4%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+18.4%

Avg return

30 days after

69%

9 / 13 earnings

Positive

+11.9%

Q4 2023

Best reaction

-6.1%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.1%+0.9%+31.7%
Q4 2025+4.6%-4.5%-4.3%
Q3 2025+6.3%+0.6%+27.1%
Q2 2025+9.4%+14.5%+19.7%
Q1 2025+1.3%-2.2%+25.3%
Q4 2024-3.6%-11.6%+15.6%
Q3 2024-5.4%-17.5%-12.9%
Q3 2023-5.4%-17.5%-12.9%
Q2 2024+6.2%+16.4%+18.0%
Q1 2023+10.5%+10.1%+43.6%
Q1 2024+10.5%+10.1%+43.6%
Q4 2023+11.9%+15.6%-7.1%
Q4 2022-6.1%-10.3%+52.3%

Discussion

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