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Denali Therapeutics (DNLI) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Denali Therapeutics (DNLI) reported revenue of $3.6M for the second quarter 2026 (Q2 2026).

Revenue$3.6M
Year over year—
Quarter over quarter—
Operating margin—
Net earnings−$128M

Denali Therapeutics, Q2 2026: revenue $3.6M, net loss $128M, operating cash flow −$97.0M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$3.6M——
Operating profit−$131M——
Net earnings−$128M——
Operating cash flow−$97.0M——

What changed

Revenue was $3.6M in Q2 2026.

Operating costs exceeded revenue by $130.5M, an operating margin of -3622.1%. The quarter ended with a net loss of $127.6M.

Operating cash flow was −$97.0M. Non-cash charges added back $3.6M of depreciation and amortization and $22.9M of share-based compensation. Capital expenditures of $805K exceeded it, leaving free cash flow of −$97.8M.

Questions

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

Denali Therapeutics (DNLI) reported revenue of $3.6M for the second quarter 2026 (Q2 2026).

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Source: Denali Therapeutics 10-Q on SEC EDGAR.