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Filing Flows › Humacyte (HUMA) › Q1 2026 › vs Q4 2025

Humacyte (HUMA) Q1 2026 vs Q4 2025 (quarter over quarter)

Humacyte's revenue rose $28K (+6%) from $467K in Q4 2025 to $495K in Q1 2026.

Humacyte, Q1 2026: revenue $495K (-4% year over year), net loss $17.6M, operating cash flow −$25.1M. The chart draws each line against Q4 2025, the increases inside each band.

Humacyte: what changed, Q1 2026 vs Q4 2025Humacyte: what changed, Q1 2026 vs Q4 2025Net loss−$7.2MNet loss absorbed−$7.2MCost of revenue−$7.0MWorking capital & other$6.9MOther income, net$5.3MResearch & development$4.9MCosts & expenses−$1.9MOperating costs−$1.9MCash used in operations−$1.0MShare-based compensation$700K

Every line

LineQ1 2026Q4 2025Change%
Revenue$495K$467K$28K+6%
Other income, net$11.3M$6.0M$5.3M+88%
Net loss$17.6M$24.8M−$7.2M-29%
Costs & expenses$29.4M$31.3M−$1.9M-6%
Operating costs$29.4M$31.3M−$1.9M-6%
Cost of revenue$2.0M$9.1M−$7.0M-78%
Research & development$19.5M$14.6M$4.9M+33%
Operating cash sources$29.6M$29.9M−$319K-1%
Depreciation$1.3M$1.3M$1K+0.1%
Share-based compensation$3.2M$2.5M$700K+28%
Cash used in operations$25.1M$26.1M−$1.0M-4%
Net loss absorbed$17.6M$24.8M−$7.2M-29%
Working capital & other$12.0M$5.1M$6.9M+134%

Questions

How much did Humacyte's revenue grow quarter over quarter in Q1 2026?

Humacyte's revenue rose $28K (+6%) from $467K in Q4 2025 to $495K in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →