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Fate Therapeutics (FATE) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Fate Therapeutics (FATE) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +60% from the quarter before.

Revenue$2.1M
Year over year+9%
Quarter over quarter+60%
Operating margin—
Net earnings−$30.2M

Fate Therapeutics, Q2 2026: revenue $2.1M (+9% year over year), net loss $30.2M, operating cash flow −$23.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.1M+60%+9%
Operating profit−$31.1M——
Net earnings−$30.2M——
Operating cash flow−$23.4M——

What changed

Revenue was $2.1M in Q2 2026, up 9% year over year and up 60% from the previous quarter.

Operating costs exceeded revenue by $31.1M, an operating margin of -1495.4%. Total costs fell 15% while revenue rose 9%. The quarter ended with a net loss of $30.2M, narrower than the previous quarter's $31.2M loss.

Operating cash flow was −$23.4M. Non-cash charges added back $2.8M of depreciation and amortization and $3.5M of share-based compensation. Capital expenditures of $80K exceeded it, leaving free cash flow of −$23.5M.

Questions

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

Fate Therapeutics (FATE) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +60% from the quarter before.

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Source: Fate Therapeutics 10-Q on SEC EDGAR.