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Gyre Therapeutics (GYRE) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 6, 2026

Gyre Therapeutics (GYRE) reported revenue of $32.9M for the third quarter 2026 (Q3 2026), +0.7% from a year earlier and +13% from the quarter before. Operating margin was -4.6%, net loss $2.5M (7.5% of revenue).

Revenue$32.9M
Year over year+0.7%
Quarter over quarter+13%
Operating margin-4.6%
Net earnings−$2.5M

Gyre Therapeutics, Q3 2026: revenue $32.9M (+0.7% year over year), operating margin -4.6%, net loss $2.5M, operating cash flow −$4.0M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$32.9M+13%+0.7%
Operating profit−$1.5M—-122%
Net earnings−$2.5M—-142%
Operating cash flow−$4.0M—-185%

What changed

Revenue was $32.9M in Q3 2026, up 1% year over year and up 13% from the previous quarter. Gyre Pharmaceuticals was the largest line at 98% of revenue. Gyre Pharmaceuticals added $1.9M year over year (up 6%), 776% of the total change. Gyre declined 76%.

Operating costs exceeded revenue by $1.5M, an operating margin of -4.6%. The fastest-growing cost line was Other operating costs (+78%). The quarter ended with a net loss of $2.5M, narrower than the previous quarter's $23.0M loss.

Operating cash flow was −$4.0M. Non-cash charges added back $467K of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items used $3.7M. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$5.0M.

Questions

What was Gyre Therapeutics' revenue in the third quarter 2026?

Gyre Therapeutics (GYRE) reported revenue of $32.9M for the third quarter 2026 (Q3 2026), +0.7% from a year earlier and +13% from the quarter before.

Was Gyre Therapeutics profitable in the third quarter 2026?

Operating loss was $1.5M (-4.6% of revenue) and net loss $2.5M.

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Source: Gyre Therapeutics 10-Q on SEC EDGAR.