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ADC Therapeutics SA (ADCT) Form 8-K — Aug 13, 2026

$ADCTForm 8-KItems 2.02, 7.01, 9.01Filed Aug 13, 2026, 9:14 AM ET0000950103-26-012287Original filing

ADC Therapeutics reported Q2 2026 net product revenues of $18.6 million, up from $18.1 million a year earlier, and narrowed its net loss to $16.6 million ($0.11 per share) from $56.6 million in Q2 2025, driven by a 29% reduction in total operating expenses. Cash of $219.1 million is expected to fund operations at least into 2028. The FDA raised substantial concerns at a pre-sBLA meeting about the benefit-risk of the LOTIS-5 Phase 3 trial, citing an imbalance in Grade 5 events in the context of marginal treatment benefit. The company is reassessing its regulatory path while ZYNLONTA remains on accelerated approval in 3L+ DLBCL, with a strategy update promised in the near future.

Key figures

Revenue
18634000
Guidance
Cash runway expected at least into 2028; ZYNLONTA revenue growth anticipated starting in 2027
Revenue Yoy
+3.0%
Total Assets
279379000
Cash Position
219107000
Cash dec 31 2025 usd
261338000
Total opex q2 2026 usd
44662000
Workforce reduction pct
17
Adjusted opex q2 2026 usd
37221000
Lotis7 enrollment patients
100
Annualized cost savings usd
10000000
R and d expense q2 2026 usd
17366000
Total opex reduction q2 yoy
29%
Weighted avg shares q2 2026
155016023
Adjusted net loss q2 2026 usd
16312000
Deferred royalty obligation usd
299543000
Q2 2025 net product revenue usd
18085000
Q2 2026 net product revenue usd
18634000
Us 2l plus dlbcl market by 2030
~$3Bn (company estimate)
Restructuring charge q2 2026 usd
2674000
License revenues royalties q2 2026 usd
614000
Six month 2026 net product revenue usd
38667000

Price after filing

1 day: -11.0%7 days: -18.6%30 days: -9.3%

Close on the filing date to close N calendar days later (from $1.18). Historical, not a forecast.

AI analysis

Red flags5 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.