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Cardiff Oncology (CRDF) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 14, 2026

Cardiff Oncology (CRDF) reported revenue of $41K for the first quarter 2026 (Q1 2026), -62% from a year earlier and -83% from the quarter before.

Revenue$41K
Year over year-62%
Quarter over quarter-83%
Operating margin—
Net earnings−$12.3M

Cardiff Oncology, Q1 2026: revenue $41K (-62% year over year), net loss $12.3M, operating cash flow −$12.3M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$41K-83%-62%
Operating profit−$12.8M——
Net earnings−$12.3M——
Operating cash flow−$12.3M——

What changed

Revenue was $41K in Q1 2026, down 62% year over year and down 83% from the previous quarter.

Operating costs exceeded revenue by $12.8M, an operating margin of -31341.5%. Total costs fell 11% while revenue fell 62%. The fastest-growing cost line was SG&A (+53%). The quarter ended with a net loss of $12.3M, wider than the previous quarter's $7.2M loss.

Operating cash flow was −$12.3M. Non-cash charges added back $87K of depreciation and $1.7M of share-based compensation. Working capital and other items used $1.7M.

Questions

What was Cardiff Oncology's revenue in the first quarter 2026?

Cardiff Oncology (CRDF) reported revenue of $41K for the first quarter 2026 (Q1 2026), -62% from a year earlier and -83% from the quarter before.

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Source: Cardiff Oncology 10-Q on SEC EDGAR.