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Enanta Pharmaceuticals (ENTA) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Aug 12, 2026

Enanta Pharmaceuticals (ENTA) reported revenue of $14.4M for the third quarter fiscal 2026 (Q3 FY26), -22% from a year earlier and -16% from the quarter before. Operating margin was -120.0%, net loss $19.5M (135.8% of revenue).

Revenue$14.4M
Year over year-22%
Quarter over quarter-16%
Operating margin-120.0%
Net earnings−$19.5M

Enanta Pharmaceuticals, Q3 FY26: revenue $14.4M (-22% year over year), operating margin -120.0%, net loss $19.5M, operating cash flow −$10.0M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$14.4M-16%-22%
Operating profit−$17.2M——
Net earnings−$19.5M——
Operating cash flow−$10.0M—-157%

What changed

Revenue was $14.4M in Q3 FY26, down 22% year over year and down 16% from the previous quarter.

Operating costs exceeded revenue by $17.2M, an operating margin of -120.0%. Total costs fell 15% while revenue fell 22%. The quarter ended with a net loss of $19.5M, wider than the previous quarter's $13.1M loss.

Operating cash flow was −$10.0M. Non-cash charges added back $1.2M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items added $4.7M. Capital expenditures of $7K exceeded it, leaving free cash flow of −$10.0M.

Questions

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

Enanta Pharmaceuticals (ENTA) reported revenue of $14.4M for the third quarter fiscal 2026 (Q3 FY26), -22% from a year earlier and -16% from the quarter before.

Was Enanta Pharmaceuticals profitable in the third quarter fiscal 2026?

Operating loss was $17.2M (-120.0% of revenue) and net loss $19.5M.

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Source: Enanta Pharmaceuticals 10-Q on SEC EDGAR.