C4 Therapeutics Q2 FY26 net loss narrows to $23.6 million; revenue rises to $6.6 million
Reuters2026/08/11 11:01- C4 Therapeutics posted Q2 revenue of USD 6.6 million, up 1.54% year over year, helped by revenue recognized under its new Roche DAC collaboration.
- Net loss narrowed to USD 23.6 million; loss per share improved to USD 0.18.
- RD expense fell 6.49% to USD 24.5 million; GA expense eased 2.27% to USD 8.6 million, both on lower stock-based compensation.
- Cash, cash equivalents and marketable securities rose to USD 300.4 million, reflecting USD 33.5 million of ATM proceeds and a USD 20 million Roche upfront payment.
- Phase 2 MOMENTUM enrollment remains on track to finish in Q1 2027; initial ORR data expected in 2H 2027, with additional cemsidomide combination updates slated for 2H 2026.
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