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Dogwood Therapeutics (DWTX) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 6, 2026 · Dogwood Therapeutics (DWTX) Q3 2026 earnings results →

Dogwood Therapeutics made $100K in Q3 2026. Operating margin n/m, net loss $4.9M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 6, 2026.

Revenue$100K
Year over year—
Operating marginn/m
Net earnings−$4.9M
Operating cash flow−$4.6M

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 $100K in Q3 2026.

Gross margin was 11.9%. Operating costs exceeded revenue by $4.9M, an operating margin of -4917.3%. The quarter ended with a net loss of $4.9M.

Operating cash flow was −$4.6M. Non-cash charges added back $558K of share-based compensation. Working capital and other items used $312K.

Quarterly history

QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 6, 2026$100K—n/m−$4.9M−$4.6M

Charts

Dogwood Therapeutics: where the cash came from (+) and went (−), TTM to Q3 2026Dogwood Therapeutics: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow−$16.5MOther financing$11.3MCash drawn (+) / kept (−)$5.2MExchange rates−$31K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Dogwood Therapeutics: profit against cash, quarter by quarterDogwood Therapeutics: profit against cash, quarter by quarterNet incomeOperating cash flow−$7.7M−$6.1MQ4 2024−$10.9M−$4.7MQ1 2025−$3.8M−$4.0MQ2 2025−$15.7M−$3.3MQ3 2025−$3.8M−$3.6MQ4 2025−$5.0M−$4.6MQ1 2026−$11.5M−$3.6MQ2 2026−$4.9M−$4.6MQ3 2026
Latest (Q3 2026): Net income −$4.9M, Operating cash flow −$4.6M.
Dogwood Therapeutics: diluted shares by fiscal year (split-adjusted)Dogwood Therapeutics: diluted shares by fiscal year (split-adjusted)25MFY202042MFY202155MFY202294MFY20235MFY20245MFY2025
-79.8% since FY2020: buybacks shrank the count; earlier years scaled for the 5-for-1 split before FY2025.

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 Dogwood Therapeutics

We are a pre-revenue, development-stage biopharmaceutical company focused on developing new medicines to treat pain and neuropathy. Following the closing of the Combination described below, we became the sole owner of Pharmagesic (Holdings) Inc. (“Pharmagesic”) and their wholly owned subsidiary, Wex Pharmaceuticals, Inc. (“Wex”), and Wex’s wholly owned subsidiaries, IWT Bio, Inc. (“IWT”), Wex Medical Corporation (“WMC”), and Wex Medical Limited (“WML”). Our pipeline is focused on treating chronic neuropathic pain and neuropathy. Our Halneuron® Na v 1.7 modulation program is intended to treat chronic and acute pain disorders. Our recently licensed SP16 program is centered on a cell signaling molecule that has shown early promise in treating neuropathy and nerve damage.

In its own words, from its 10-K, filed Mar 18, 2026.

Dogwood Therapeutics against its Pharmaceutical Preparations peers

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

CompanyQuarterRevenueY/YOp. margin
DWTX Dogwood TherapeuticsQ3 2026$100K—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: Dogwood Therapeutics 10-Q on SEC EDGAR · CIK 1818844 · Pharmaceutical Preparations

Guidance and outlook

Dogwood Therapeutics: what its forward-looking statements are about (10-Q filed 2026-11-06)Dogwood Therapeutics: what its forward-looking statements are about (10-Q filed 2026-11-06)Costs1Demand1Other1Financing1
4 statements; tone +0.00 (−1 all cautious, +1 all confident); 0 hedged.

13F: who owns DWTX and who is buying

Largest holders of DWTX (13F)Largest holders of DWTX (13F)Armistice Capital, LLC$5.0MMillennium Management LLC$550KVanguard Capital Management LLC$213KGeode Capital Management, LLC$142KVanguard Group$125KVanguard Fiduciary Trust$101KBlackRock$46KNorthern Trust$38KCitadel Advisors LLC$19KTower Research Capital LLC$5K
Funds' net buying of DWTX by quarter (13F)Funds' net buying of DWTX by quarter (13F)$1K2024-12$200K2025-03−$131K2025-06−$33K2025-09$130K2025-12$6.9M2026-03$337K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on DWTX

History

Every quarter: Q3 2026 results

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