Filing Flows › Clene (CLNN) › Q1 2026
Clene (CLNN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Clene (CLNN) reported revenue of $15K for the first quarter 2026 (Q1 2026), -81% from a year earlier and -81% from the quarter before.
Clene, Q1 2026: revenue $15K (-82% year over year), net loss $8.1M, operating cash flow −$4.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15K | -81% | -81% |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$8.1M | — | — |
| Operating cash flow | −$4.5M | — | — |
What changed
Revenue was $15K in Q1 2026, down 81% year over year and down 81% from the previous quarter. Royalty was the largest line at 93% of revenue. Product lost $63K year over year (down 98%), 95% of the total change.
Operating costs exceeded revenue by $2.1M, an operating margin of -13740.0%. Total costs fell 50% while revenue fell 81%. The quarter ended with a net loss of $8.1M, narrower than the previous quarter's $9.2M loss. Net interest and other expense of $6.0M was the main reason.
Operating cash flow was −$4.5M. Non-cash charges added back $355K of depreciation and $1.3M of share-based compensation. Working capital and other items added $1.9M.
Questions
What was Clene's revenue in the first quarter 2026?
Clene (CLNN) reported revenue of $15K for the first quarter 2026 (Q1 2026), -81% from a year earlier and -81% from the quarter before.
Source: Clene 10-Q on SEC EDGAR.