NASDAQ$PROK

ProKidney Corp · Q2 2026 earnings

Q2 2026 earnings · · During market hours · Investor relations

Briefing

ProKidney Corp reported Q2 2026 financial results on August 10, 2026, highlighting clinical progress and a net loss of $46.4 million.

ProKidney, a clinical-stage cell therapy company, reported no revenue for the quarter ended June 30, 2026. The company posted a net loss of $46.4 million ($0.15 per share) and ended the period with $181.6 million in cash, cash equivalents, and marketable securities. Key business updates included completing enrollment for the PROACT 1 accelerated approval analysis with topline results expected in Q2 2027.

  • Completed enrollment for Phase 3 PROACT 1 accelerated approval efficacy analysis; topline eGFR slope results anticipated in Q2 2027.
  • R&D expenses increased to $36.1 million from $25.9 million YoY due to PROACT 1 study costs.
  • Ended Q2 with $181.6 million in liquidity, supporting operations into mid-2027.
  • Net loss of $46.4 million ($0.15 per share) compared to $37.0 million in Q2 2025.

Headline financials

Total Revenue

$0.00

Previous: $221K-100.0%
EPS (adj)

-$0.15

Previous: -$0.13-15.4%
Net Income

-$46.4M

Previous: -$16.6M-180.3%
Operating Income

-$48.5M

Previous: -$39.7M-22.1%
Cash & Equivalents

$74.9M

No prior period

Revenue & EPS history

ProKidney · Revenue · Quarterly

$0

Q2 2026-100%vs Q2 2025
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Forward guidance

Cash runway into mid-2027; PROACT 1 full enrollment in H2 2026 and topline in Q2 2027 for accelerated approval path.

Tailwinds

  • Strong liquidity position supports ongoing Phase 3 trial.
  • Clinical milestones on track for potential regulatory progress.

Historical earnings impact

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

Avg. return before/after earnings

Based on 15 quarterly earnings reports

Historical avg

-2.4%

Avg return

Earnings day

-3.0%

Avg return

5 days after

+2.6%

Avg return

30 days after

25%

4 / 16 earnings

Positive

+18.0%

Q1 2024

Best reaction

-13.1%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-2.3%-1.2%-4.7%
Q4 2025-4.0%-8.9%+2.3%
Q3 2025-8.8%-16.6%-24.9%
Q2 2025-0.9%+4.7%+32.2%
Q1 2025-6.0%-9.3%-1.4%
Q4 2024-6.8%-7.7%-23.9%
Q3 2024-3.7%-21.2%-12.6%
Q2 2024-0.5%+9.1%+11.5%
Q1 2024+18.0%+50.2%+22.2%
Q4 2023-4.1%+8.9%+39.7%
Q3 2023-13.1%-24.4%+20.0%
Q2 2023+0.4%-14.5%-37.5%
Q1 2023+1.2%+8.1%+34.0%
Q4 2022-9.8%-12.9%-24.6%
Q3 2022-4.7%-14.8%-23.6%
Q2 2022+7.3%+2.7%+32.6%

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