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Puma Biotechnology Reports First Quarter 2026 Financial Results

$PBYIPress releaseMay 7, 2026, 4:05 PM ETRead the release

Puma Biotechnology raised its full-year 2026 revenue and net income guidance, citing increased demand for NERLYNX, which is expected to result in a second consecutive year of demand growth. The company reported Q1 total revenue of $44.8 million and a net loss of $3.8 million, with R&D expenses increasing by $6.0 million year-over-year to support alisertib clinical trials.

Key figures

Revenue
44800000
Guidance
FY2026 total revenue $222-$229 million, raised from $214-$221 million; net income $16-$19 million, raised from $10-$13 million
Revenue Yoy
-2.6%
Total debt
0
Rd expenses
19800000
Cash and securities
101500000

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