NASDAQ$ROIV
Roivant Sciences Ltd · Q4 2026 earnings
Q4 2026 earnings · · Before market open · Investor relations
Briefing
Roivant reported Q4 revenue of $2.5 million and net income from continuing operations of $355.7 million driven by a $770.2 million litigation settlement gain.
Roivant ended FY2026 with $4.3 billion in cash, cash equivalents and marketable securities. Q4 R&D expenses rose to $198.9 million while G&A expenses reached $158.3 million. The company highlighted positive clinical data for IMVT-1402 and brepocitinib along with a major Moderna settlement.
- Q4 revenue totaled $2.5 million with net income from continuing operations of $355.7 million ($0.43 basic EPS) after a $770.2 million gain on litigation settlement.
- Consolidated cash, cash equivalents and marketable securities stood at $4.3 billion as of March 31, 2026.
- R&D expenses increased to $198.9 million in Q4, primarily from anti-FcRn franchise costs including batoclimab discontinuation charges.
- Multiple clinical catalysts expected in H2 2026 including brepocitinib launch in DM, IMVT-1402 updates in RA and CLE, and topline data in NIU and PH-ILD.
Headline financials
Revenue & EPS history
Roivant Sciences · Revenue · Quarterly
$2.52M
Forward guidance
Multiple clinical and commercial milestones expected in the second half of calendar 2026.
Tailwinds
- Brepocitinib commercial launch in DM expected by end of September 2026
- Topline data from IMVT-1402 CLE trial and further D2T RA updates in H2 2026
- Phase 3 initiation in CS and topline NIU and PH-ILD data in H2 2026
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 Q4 2026
+3.3%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+0.4%
Avg return
30 days after
60%
12 / 20 earnings
Positive
+22.1%
Q3 2026
Best reaction
-5.5%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +14.9% | — | — | |
| Q3 2026 | +22.1% | +26.8% | +36.1% | |
| Q2 2026 | +2.6% | -1.6% | -1.8% | |
| Q1 2026 | -2.8% | +3.1% | +19.8% | |
| Q4 2025 | +6.4% | +5.9% | +7.3% | |
| Q4 2024 | -3.4% | +0.0% | -1.5% | |
| Q3 2024 | +4.1% | +6.6% | -5.9% | |
| Q2 2024 | +5.6% | +1.8% | +22.7% | |
| Q1 2024 | -5.2% | -6.1% | -3.5% | |
| Q4 2023 | +9.4% | +7.8% | +28.8% | |
| Q3 2023 | +9.7% | +8.2% | +7.8% | |
| Q2 2023 | +7.4% | -3.1% | +39.9% | |
| Q1 2023 | -5.5% | -15.3% | -15.8% | |
| Q4 2022 | -4.1% | -5.6% | -11.8% | |
| Q3 2021 | +5.1% | -3.2% | -25.4% | |
| Q3 2022 | +5.4% | -3.2% | -25.4% | |
| Q2 2022 | -2.4% | -4.8% | +6.8% | |
| Q2 2021 | -3.8% | -4.8% | +6.8% | |
| Q1 2021 | +0.1% | +0.7% | -38.7% | |
| Q1 2022 | +0.0% | +0.7% | -38.7% |
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