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Filing Flows › Fennec Pharmaceuticals (FENC) › Q2 2026 › vs Q1 2026

Fennec Pharmaceuticals (FENC) Q2 2026 vs Q1 2026 (quarter over quarter)

Fennec Pharmaceuticals's revenue rose $2.8M (+18%) from $15.1M in Q1 2026 to $17.9M in Q2 2026. Operating margin 9.7% against -0.8% (+10.5 pts).

Fennec Pharmaceuticals, Q2 2026: revenue $17.9M (+85% year over year), operating margin 9.7%, net earnings $2.0M, operating cash flow $50K. The chart draws each line against Q1 2026, the increases inside each band.

Fennec Pharmaceuticals: what changed, Q2 2026 vs Q1 2026Fennec Pharmaceuticals: what changed, Q2 2026 vs Q1 2026Working capital & other$4.9MOperating cash sources$2.6MOperating cash flow−$2.3MOperating profit$1.9MPre-tax earnings$1.8MNet earnings$1.8MGeneral & admin$1.5MCosts & expenses$910KShare-based compensation$784KSales & marketing−$763K

Margins

Q2 2026Q1 2026Change
Operating margin9.7%-0.8%+10.5 pts
Net margin11.0%1.3%+9.7 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$17.9M$15.1M$2.8M+18%
Other income, net$278K$320K−$42K-13%
Operating profit$1.7M−$119K$1.9M—
Costs & expenses$16.1M$15.2M$910K+6%
Pre-tax earnings$2.0M$201K$1.8M+902%
Research & development$118K$49K$69K+141%
Sales & marketing$10.7M$11.4M−$763K-7%
General & admin$4.6M$3.2M$1.5M+46%
Other operating costs$721K$570K$151K+26%
Net earnings$2.0M$201K$1.8M+882%
Income tax$42K$0$42K—
Operating cash sources$3.7M$1.2M$2.6M+215%
Share-based compensation$1.8M$990K$784K+79%
Working capital & other$3.7M−$1.2M$4.9M—
Operating cash flow$50K$2.4M−$2.3M-98%

Questions

How much did Fennec Pharmaceuticals's revenue grow quarter over quarter in Q2 2026?

Fennec Pharmaceuticals's revenue rose $2.8M (+18%) from $15.1M in Q1 2026 to $17.9M in Q2 2026. Operating margin 9.7% against -0.8% (+10.5 pts).

Q2 2026 results → · Compare in the interactive Sankey →