Filing Flows › Agenus (AGEN) › Q2 2026 › vs Q1 2026
Agenus (AGEN) Q2 2026 vs Q1 2026 (quarter over quarter)
Agenus's revenue rose $782K (+2%) from $33.7M in Q1 2026 to $34.5M in Q2 2026. The biggest changes: Pre Commercial Product Revenue +$1.8M (+39%); Non Cash Royalty Revenue Related to the Sale of Future Royalties −$999K (-3%).
Agenus, Q2 2026: revenue $34.5M (+34% year over year), operating margin 32.7%, net loss $567K, operating cash flow −$31.2M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Non Cash Royalty Revenue Related to the Sale of Future Royalties | $28.1M | $29.1M | −$999K | -3% |
| Pre Commercial Product Revenue | $6.4M | $4.6M | $1.8M | +39% |
| Revenue | $34.5M | $33.7M | $782K | +2% |
| Net loss | $567K | −$39.2M | $39.8M | — |
| Costs & expenses | $35.1M | $57.9M | −$22.8M | -39% |
| Operating costs | $23.2M | $18.7M | $4.5M | +24% |
| Interest & other, net | $11.9M | −$24.2M | $36.0M | — |
| Research & development | $14.8M | $11.8M | $2.9M | +25% |
| General & admin | $8.5M | $6.9M | $1.6M | +23% |
| Operating cash sources | $35.3M | $37.6M | −$2.3M | -6% |
| Depreciation & amortization | $517K | $583K | −$66K | -11% |
| Share-based compensation | $3.6M | $1.1M | $2.5M | +229% |
| Cash used in operations | $31.2M | $36.0M | −$4.8M | -13% |
| Net loss absorbed | $567K | −$39.2M | $39.8M | — |
| Working capital & other | $34.8M | $76.8M | −$42.1M | -55% |
Questions
How much did Agenus's revenue grow quarter over quarter in Q2 2026?
Agenus's revenue rose $782K (+2%) from $33.7M in Q1 2026 to $34.5M in Q2 2026.
What drove Agenus's revenue change in Q2 2026?
Pre Commercial Product Revenue +$1.8M (+39%); Non Cash Royalty Revenue Related to the Sale of Future Royalties −$999K (-3%).