Rigel Reports First Quarter 2026 Financial Results
Rigel reported Q1 2026 total revenue of $58.8 million with net product sales growing 26% year-over-year to $54.9 million, driven by strong performance across TAVALISSE, GAVRETO, and REZLIDHIA. The company generated $8.7 million of net income and reaffirmed full-year 2026 revenue guidance of $275-$290 million despite a $3.0 million year-over-year decline in collaboration revenues.
Key figures
- Eps
- 0.44
- Revenue
- 58818000
- Guidance
- 2026 total revenues $275-$290 million, including net product sales $255-$265 million
- Revenue Yoy
- 10.3%
- Net income
- 8700000
- Cash position
- 146700000
- Gavreto sales
- 9600000
- Rezlidhia sales
- 8000000
- Tavalisse sales
- 37300000
- Contract revenues
- 3900000
- Net product sales
- 54900000
AI analysis
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