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Coherus Oncology (CHRS) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 9, 2026

Coherus Oncology (CHRS) reported revenue of $14.3M for the third quarter 2026 (Q3 2026), +23% from a year earlier and -0.2% from the quarter before. Operating margin was -235.7%, net loss $39.3M (275.6% of revenue).

Revenue$14.3M
Year over year+23%
Quarter over quarter-0.2%
Operating margin-235.7%
Net earnings−$39.3M

Coherus Oncology, Q3 2026: revenue $14.3M (+23% year over year), operating margin -235.7%, net loss $39.3M, operating cash flow −$34.0M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$14.3M-0.2%+23%
Operating profit−$33.6M——
Net earnings−$39.3M——
Operating cash flow−$34.0M——

What changed

Revenue was $14.3M in Q3 2026, up 23% year over year and roughly flat from the previous quarter. Toripalimab was the largest line at 98% of revenue. Toripalimab added $2.8M year over year (up 25%), 105% of the total change. Other revenue declined 34%.

Operating costs exceeded revenue by $33.6M, an operating margin of -235.7%. Total costs fell 14% while revenue rose 23%. The quarter ended with a net loss of $39.3M, wider than the previous quarter's $20.6M loss.

Operating cash flow was −$34.0M. Non-cash charges added back $853K of depreciation and amortization and $3.7M of share-based compensation.

Questions

What was Coherus Oncology's revenue in the third quarter 2026?

Coherus Oncology (CHRS) reported revenue of $14.3M for the third quarter 2026 (Q3 2026), +23% from a year earlier and -0.2% from the quarter before.

Was Coherus Oncology profitable in the third quarter 2026?

Operating loss was $33.6M (-235.7% of revenue) and net loss $39.3M.

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Source: Coherus Oncology 10-Q on SEC EDGAR.