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Filing Flows › Bicycle Therapeutics (BCYC) › Q3 2026 › vs Q2 2026

Bicycle Therapeutics (BCYC) Q3 2026 vs Q2 2026 (quarter over quarter)

Bicycle Therapeutics's revenue rose $33.4M (54×) from $629K in Q2 2026 to $34.1M in Q3 2026.

Bicycle Therapeutics, Q3 2026: revenue $34.1M (+190% year over year), operating margin -39.6%, net loss $10.5M, operating cash flow −$40.3M. The chart draws each line against Q2 2026, the increases inside each band.

Bicycle Therapeutics: what changed, Q3 2026 vs Q2 2026Bicycle Therapeutics: what changed, Q3 2026 vs Q2 2026Net loss−$39.9MNet loss absorbed−$39.9MWorking capital & other$29.6MOperating cash sources−$10.3MCash used in operations−$9.3MResearch & development−$7.7MOperating costs−$7.7MCosts & expenses−$6.6MIncome tax$1.1MShare-based compensation−$986K

Every line

LineQ3 2026Q2 2026Change%
Revenue$34.1M$629K$33.4M54×
Other income, net$4.2M$4.3M−$148K-3%
Net loss$10.5M$50.3M−$39.9M-79%
Costs & expenses$48.7M$55.3M−$6.6M-12%
Operating costs$47.5M$55.2M−$7.7M-14%
Income tax$1.2M$90K$1.1M13×
Research & development$33.4M$41.2M−$7.7M-19%
General & admin$14.1M$14.0M$84K+0.6%
Operating cash sources$46.8M$57.1M−$10.3M-18%
Depreciation & amortization$1.1M$1.1M$6K+0.6%
Share-based compensation$5.4M$6.4M−$986K-15%
Cash used in operations$40.3M$49.6M−$9.3M-19%
Net loss absorbed$10.5M$50.3M−$39.9M-79%
Working capital & other$36.3M$6.7M$29.6M+438%

Questions

How much did Bicycle Therapeutics's revenue grow quarter over quarter in Q3 2026?

Bicycle Therapeutics's revenue rose $33.4M (54×) from $629K in Q2 2026 to $34.1M in Q3 2026.

Q3 2026 results → · Compare in the interactive Sankey →