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Enanta Pharmaceuticals (ENTA) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Feb 11, 2026

Enanta Pharmaceuticals (ENTA) reported revenue of $18.6M for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and +23% from the quarter before. Operating margin was -60.5%, net loss $11.9M (64.1% of revenue).

Revenue$18.6M
Year over year+10%
Quarter over quarter+23%
Operating margin-60.5%
Net earnings−$11.9M

Enanta Pharmaceuticals, Q1 FY26: revenue $18.6M (+10% year over year), operating margin -60.5%, net loss $11.9M, operating cash flow −$11.7M. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$18.6M+23%+10%
Operating profit−$11.3M——
Net earnings−$11.9M——
Operating cash flow−$11.7M——

What changed

Revenue was $18.6M in Q1 FY26, up 10% year over year and up 23% from the previous quarter.

Operating costs exceeded revenue by $11.3M, an operating margin of -60.5%. Total costs fell 26% while revenue rose 10%. The quarter ended with a net loss of $11.9M, narrower than the previous quarter's $18.7M loss.

Operating cash flow was −$11.7M. Non-cash charges added back $1.2M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $4.8M. Capital expenditures of $143K exceeded it, leaving free cash flow of −$11.8M.

Questions

What was Enanta Pharmaceuticals' revenue in the first quarter fiscal 2026?

Enanta Pharmaceuticals (ENTA) reported revenue of $18.6M for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and +23% from the quarter before.

Was Enanta Pharmaceuticals profitable in the first quarter fiscal 2026?

Operating loss was $11.3M (-60.5% of revenue) and net loss $11.9M.

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Source: Enanta Pharmaceuticals 10-Q on SEC EDGAR.