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Filing Flows › Arbutus Biopharma (ABUS) › Q2 2026 › vs Q1 2026

Arbutus Biopharma (ABUS) Q2 2026 vs Q1 2026 (quarter over quarter)

Arbutus Biopharma's revenue fell $178M (-99%) from $179M in Q1 2026 to $1.0M in Q2 2026. The biggest changes: Revenue from collaborations and licenses −$178M (-100%); Collaborations and licenses −$2K (-1%); Non-cash royalty revenue −$1K (-0.6%).

Arbutus Biopharma, Q2 2026: revenue $1.0M (-91% year over year), operating margin -588.2%, net loss $5.1M, operating cash flow −$6.0M. The chart draws each line against Q1 2026, the increases inside each band.

Arbutus Biopharma: what changed, Q2 2026 vs Q1 2026Arbutus Biopharma: what changed, Q2 2026 vs Q1 2026Revenue from collaborations a…−$178MWorking capital & other−$177MNet loss$175MNet loss absorbed$175MCosts & expenses−$173MOperating costs−$3.2MCash used in operations−$2.1MGeneral & admin−$2.0MOperating cash sources−$1.8MResearch & development−$1.2M

Every line

LineQ2 2026Q1 2026Change%
Revenue from collaborations and licenses$632K$179M−$178M-100%
Collaborations and licenses$202K$204K−$2K-1%
Non-cash royalty revenue$180K$181K−$1K-0.6%
Revenue$1.0M$179M−$178M-99%
Other income, net$821K$787K$34K+4%
Net loss$5.1M−$170M$175M—
Costs & expenses$7.0M$180M−$173M-96%
Operating costs$7.0M$10.2M−$3.2M-32%
Research & development$2.9M$4.1M−$1.2M-30%
General & admin$3.9M$5.9M−$2.0M-34%
Other operating costs$213K$209K$4K+2%
Operating cash sources$7.7M$9.5M−$1.8M-19%
Depreciation & amortization$11K$11K$00%
Share-based compensation$1.6M$1.4M$266K+20%
Cash used in operations$6.0M$8.1M−$2.1M-26%
Net loss absorbed$5.1M−$170M$175M—
Working capital & other$2.5M$179M−$177M-99%

Questions

How much did Arbutus Biopharma's revenue grow quarter over quarter in Q2 2026?

Arbutus Biopharma's revenue fell $178M (-99%) from $179M in Q1 2026 to $1.0M in Q2 2026.

What drove Arbutus Biopharma's revenue change in Q2 2026?

Revenue from collaborations and licenses −$178M (-100%); Collaborations and licenses −$2K (-1%); Non-cash royalty revenue −$1K (-0.6%).

Q2 2026 results → · Compare in the interactive Sankey →