NASDAQ$ZYME

Zymeworks Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Zymeworks reported Q1 2026 revenue on collaborations with a net loss of $44.2M, or $0.59 per share.

For the quarter ended March 31, 2026, Zymeworks reported a net loss of $44.2 million, or $0.59 per basic and diluted share, compared with $22.6 million, or $0.30 per share, in Q1 2025. The biotech relies on collaboration and licensing revenue while advancing multispecific antibodies.

  • Net loss $(44.2)M; EPS $(0.59).
  • R&D-intensive bispecific platform.
  • Share repurchase programs active.
  • Partners include J&J and others.

Headline financials

Total Revenue

$2.41M

Previous: $27.1M-91.1%
EPS (adj)

-$0.59

Previous: -$0.30-96.7%
Capital Expenditures

-$216K

Previous: -$16K-1250.0%
Net Income

-$44.2M

Previous: -$22.6M-95.1%

Revenue & EPS history

Zymeworks · Revenue · Quarterly

$2.41M

Q1 2026-91.1%vs Q1 2025
Beat estimate in 3 of 4 quarters(75%)
ActualEstimate

Forward guidance

Pipeline and partnership milestones drive outlook; no commercial product EPS guidance.

Tailwinds

  • Strong partnership economics potential.
  • Repurchase authorization.

Headwinds

  • Wider loss year over year.
  • Dependent on partner-funded R&D.

Historical earnings impact

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

Avg. return before/after earnings

Based on 13 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.2%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+7.6%

Avg return

30 days after

38%

5 / 13 earnings

Positive

+1.4%

Q1 2023

Best reaction

-8.0%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.6%-13.5%-13.0%
Q4 2025+0.1%+3.4%+11.4%
Q3 2025-8.0%+8.2%+49.1%
Q1 2025-0.1%-0.6%+11.3%
Q4 2024-8.0%-11.2%-16.9%
Q3 2024+1.0%+1.2%+11.7%
Q2 2024+0.0%+4.3%+22.4%
Q1 2024+0.0%-8.3%-18.4%
Q4 2023+0.0%+1.6%+3.8%
Q3 2023+1.2%+0.1%+31.2%
Q3 2021+0.0%-1.3%+10.3%
Q2 2023+0.8%-3.6%-7.5%
Q1 2023+1.4%+14.1%+2.9%

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