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Cocrystal Pharma (COCP) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 13, 2026 · Cocrystal Pharma (COCP) Q2 2026 earnings results →

Cocrystal Pharma made $105K in Q2 2026. Operating margin n/m, net loss $3.2M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.

Revenue$105K
Year over year—
Operating marginn/m
Net earnings−$3.2M
Operating cash flow−$2.5M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $105K in Q2 2026, down 53% from the previous quarter.

Operating costs exceeded revenue by $3.2M, an operating margin of -3032.4%. The quarter ended with a net loss of $3.2M, wider than the previous quarter's $2.3M loss.

Operating cash flow was −$2.5M. Non-cash charges added back $12K of depreciation and amortization and $92K of share-based compensation. Working capital and other items added $544K.

Quarterly history

Cocrystal Pharma revenue by quarterCocrystal Pharma revenue by quarter$225KQ1 2026$105KQ2 2026
Cocrystal Pharma net earnings by quarterCocrystal Pharma net earnings by quarter−$2.3MQ1 2026−$3.2MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 13, 2026$105K—n/m−$3.2M−$2.5M
Q1 202610-QMay 15, 2026$225K—n/m−$2.3M−$2.3M

Charts

Cocrystal Pharma: where the cash came from (+) and went (−), TTM to Q2 2026Cocrystal Pharma: where the cash came from (+) and went (−), TTM to Q2 2026Operating cash flow−$8.0MNot reconciled$5.4MCash drawn (+) / kept (−)$2.6M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Cocrystal Pharma: profit against cash, quarter by quarterCocrystal Pharma: profit against cash, quarter by quarterNet incomeOperating cash flow−$4.9M−$5.1MQ3 2024−$3.3M−$3.2MQ4 2024−$2.3M−$2.9MQ1 2025−$2.1M−$2.2MQ2 2025−$2.0M−$1.4MQ3 2025−$2.4M−$1.7MQ4 2025−$2.3M−$2.3MQ1 2026−$3.2M−$2.5MQ2 2026
Latest (Q2 2026): Net income −$3.2M, Operating cash flow −$2.5M.
Cocrystal Pharma: diluted shares by fiscal yearCocrystal Pharma: diluted shares by fiscal year55MFY202088MFY20218MFY202210MFY202310MFY202411MFY2025
-79.6% since FY2020: buybacks shrank the count.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Cocrystal Pharma

Cocrystal Pharma, Inc. (the “Company” or “Cocrystal”) is a clinical-stage biotechnology company discovering and developing novel antiviral therapeutics as treatments for serious and/or chronic viral diseases. We employ unique structure-based technologies and Nobel Prize winning expertise with the goal of creating viable antiviral drugs. These technologies are designed to efficiently deliver small molecule therapeutics that are safe, effective, and convenient to administer. We have identified promising discovery, preclinical and clinical stage antiviral compounds for unmet medical needs caused by RNA viruses including influenza virus, norovirus, coronaviruses (including SARS-CoV-2 & MERS-CoV), respiratory virus infections and hepatitis C virus (“HCV”) infections.

In its own words, from its 10-K, filed Mar 31, 2026.

Cocrystal Pharma against its Pharmaceutical Preparations peers

The largest companies of the same SEC industry, each at its latest quarter.

CompanyQuarterRevenueY/YOp. margin
COCP Cocrystal PharmaQ2 2026$105K—n/m
JNJ Johnson & JohnsonQ3 2026$25.4B+6%0.1%
LLY ELI LillyQ3 2026$24.4B+39%34.5%
MRK MerckQ3 2026$18.1B+5%30.7%
ABBV AbbVieQ3 2026$17.4B+10%36.0%
PFE PfizerQ3 2026$16.6B-0.4%20.4%
BMY Bristol Myers SquibbQ3 2026$13.1B+7%19.4%
ABT Abbott LaboratoriesQ3 2026$13.0B+14%10.4%
REGN Regeneron PharmaceuticalsQ3 2026$5.1B+36%40.0%

Source: Cocrystal Pharma 10-Q on SEC EDGAR · CIK 1412486 · Pharmaceutical Preparations

13F: who owns COCP and who is buying

Largest holders of COCP (13F)Largest holders of COCP (13F)Vanguard Capital Management LLC$376KVanguard Group$258KRenaissance Technologies LLC$189KTwo Sigma Investments, LP$184KGeode Capital Management, LLC$80KBlackRock$77KCitadel Advisors LLC$47KNeuberger Berman Group LLC$33KXTX Topco$31KJane Street Group, LLC$27K
Funds' net buying of COCP by quarter (13F)Funds' net buying of COCP by quarter (13F)$3522024-09$22K2024-12$53K2025-03−$93K2025-06−$27K2025-09$52K2025-12$7K2026-03$385K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on COCP

History

Every quarter: Q2 2026 results · Q1 2026 results

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