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Gossamer Bio (GOSS) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Gossamer Bio (GOSS) reported revenue of $9.2M for the second quarter 2026 (Q2 2026), -20% from a year earlier and -46% from the quarter before. Operating margin was -282.2%, net earnings $16.9M (182.9% of revenue).

Revenue$9.2M
Year over year-20%
Quarter over quarter-46%
Operating margin-282.2%
Net earnings$16.9M

Gossamer Bio, Q2 2026: revenue $9.2M (-20% year over year), operating margin -282.2%, net earnings $16.9M, operating cash flow −$39.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$9.2M-46%-20%
Operating profit−$26.1M——
Net earnings$16.9M——
Operating cash flow−$39.4M——

What changed

Revenue was $9.2M in Q2 2026, down 20% year over year and down 46% from the previous quarter.

Operating costs exceeded revenue by $26.1M, an operating margin of -282.2%. Total costs fell 30% while revenue fell 20%. Net earnings were $16.9M. The effective tax rate was 0.0%. Non-operating items added $43.0M, 254% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$39.4M. Non-cash charges added back $2.5M of share-based compensation. Working capital and other items used $58.8M.

Questions

What was Gossamer Bio's revenue in the second quarter 2026?

Gossamer Bio (GOSS) reported revenue of $9.2M for the second quarter 2026 (Q2 2026), -20% from a year earlier and -46% from the quarter before.

Was Gossamer Bio profitable in the second quarter 2026?

Operating loss was $26.1M (-282.2% of revenue) and net earnings $16.9M.

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Source: Gossamer Bio 10-Q on SEC EDGAR.