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C4 Therapeutics (CCCC) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

C4 Therapeutics (CCCC) reported revenue of $6.6M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +8% from the quarter before. Operating margin was -397.9%, net loss $23.6M (355.9% of revenue).

Revenue$6.6M
Year over year+3%
Quarter over quarter+8%
Operating margin-397.9%
Net earnings−$23.6M

C4 Therapeutics, Q2 2026: revenue $6.6M (+3% year over year), operating margin -397.9%, net loss $23.6M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$6.6M+8%+3%
Operating profit−$26.4M——
Net earnings−$23.6M——
Operating cash flow−$1.6M——

What changed

Revenue was $6.6M in Q2 2026, up 3% year over year and up 8% from the previous quarter.

Operating costs exceeded revenue by $26.4M, an operating margin of -397.9%. Total costs fell 5% while revenue rose 3%. The quarter ended with a net loss of $23.6M, narrower than the previous quarter's $25.1M loss.

Operating cash flow was −$1.6M. Non-cash charges added back $292K of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $18.7M. Capital expenditures of $37K exceeded it, leaving free cash flow of −$1.6M.

Questions

What was C4 Therapeutics' revenue in the second quarter 2026?

C4 Therapeutics (CCCC) reported revenue of $6.6M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +8% from the quarter before.

Was C4 Therapeutics profitable in the second quarter 2026?

Operating loss was $26.4M (-397.9% of revenue) and net loss $23.6M.

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Source: C4 Therapeutics 10-Q on SEC EDGAR.