NASDAQ$OTLK

Outlook Therapeutics Inc · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Outlook Therapeutics Inc reported Q2 2026 results showing initial commercial revenue from LYTENAVA and a reduced net loss compared to the prior year.

For the three months ended March 31, 2026, Outlook Therapeutics generated net revenues of $127,439 from sales of LYTENAVA in Europe while reporting a net loss of $4.45 million. The company continued advancing regulatory discussions with the FDA regarding its BLA for ONS-5010/LYTENAVA and maintained a cash position of $7.75 million at quarter end. Operating expenses remained elevated due to commercial launch activities and ongoing development efforts.

  • Net revenues reached $127,439 in the first full quarter of European commercial sales of LYTENAVA.
  • Net loss narrowed significantly to $4.45 million from $46.36 million in the prior-year quarter, aided by gains on warrant liability revaluation.
  • Cash and cash equivalents stood at $7.75 million with total assets of $21.89 million as of March 31, 2026.
  • Common shares outstanding increased to 104,614,219 following equity issuances and note conversions during the quarter.

Headline financials

Total Revenue

$127K

Previous: $0.00
EPS (adj)

-$0.05

Previous: -$1.05+95.2%
Common shares outstanding

104.6M

Previous: 33.6M+211.6%
Net Income

-$4.45M

Previous: -$29M+84.6%
Operating Income

-$14M

Previous: -$12.4M-13.2%
Gross Profit

-$21.9K

Previous: -$29.1K+24.8%
Cash & Equivalents

$7.75M

No prior period
Total Assets

$21.9M

No prior period

Revenue & EPS history

Outlook Therapeutics · Revenue · Quarterly

$127K

Q2 2026
Beat estimate in 0 of 6 quarters(0%)
ActualEstimate

Forward guidance

Company continues to engage with FDA on regulatory pathway for ONS-5010 following third CRL and plans further European commercial expansion.

Tailwinds

  • Marketing authorizations secured in EU and UK with ongoing launches in additional markets
  • NORSE EIGHT data showed vision improvement and favorable safety profile

Headwinds

  • FDA requires confirmatory efficacy evidence for U.S. approval
  • Substantial doubt remains regarding ability to continue as going concern without additional financing

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+5.1%

Avg return

Earnings day

+6.9%

Avg return

5 days after

-0.7%

Avg return

30 days after

61%

25 / 41 earnings

Positive

+48.5%

Q2 2019

Best reaction

-14.6%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+1.3%-0.9%
Q1 2026-13.9%-15.7%-31.4%
Q4 2025-2.9%-11.6%-73.6%
Q3 2025+14.1%+23.5%-51.2%
Q2 2025+1.2%+9.9%-0.6%
Q1 2025+1.6%-7.9%-14.7%
Q4 2024+9.4%+11.2%+17.1%
Q3 2024-0.9%-7.6%-16.5%
Q2 2024-0.9%+7.4%+3.6%
Q1 2024+21.2%+13.0%+3.0%
Q4 2023+4.2%+8.2%-18.5%
Q3 2023-3.1%-16.9%-85.3%
Q2 2023+3.5%+16.5%+46.1%
Q1 2023-3.3%-7.5%-15.8%
Q4 2022+6.9%+4.0%+15.8%
Q3 2022-3.4%+5.9%-4.2%
Q2 2022+7.4%+2.7%-37.1%
Q1 2022+3.7%+8.1%+36.3%
Q4 2021-4.2%-1.4%-14.6%
Q3 2021-14.6%-16.2%-1.6%
Q2 2021+16.0%+21.2%+34.1%
Q1 2021-0.4%-4.0%-9.5%
Q4 2020+1.3%-4.6%-13.1%
Q3 2020+5.2%+14.2%-54.5%
Q2 2020+1.9%-1.9%+40.4%
Q1 2020+0.0%-1.1%-35.1%
Q4 2019-1.7%-53.0%-11.1%
Q3 2019-4.2%-8.9%-17.8%
Q2 2019+48.5%+191.3%+125.2%
Q1 2019+28.2%+28.2%-5.8%
Q4 2018+24.5%+42.9%+34.7%
Q3 2018+1.2%-8.8%+0.0%
Q2 2018+2.7%+1.1%-13.3%
Q1 2018+4.3%+3.5%-19.0%
Q4 2017+0.0%-7.9%-4.8%
Q3 2017+0.5%+3.0%+77.8%
Q2 2017-8.7%-34.1%-24.5%
Q1 2017+10.6%+2.1%-1.2%
Q4 2016+28.6%+40.3%+59.8%
Q2 2016+28.6%+40.3%+59.8%
Q3 2016-3.9%-5.3%-8.1%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2014

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