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Filing Flows › Humacyte (HUMA) › Q2 2026 › vs Q1 2026

Humacyte (HUMA) Q2 2026 vs Q1 2026 (quarter over quarter)

Humacyte's revenue fell $89K (-18%) from $495K in Q1 2026 to $406K in Q2 2026.

Humacyte, Q2 2026: revenue $406K (+35% year over year), net loss $36.8M, operating cash flow −$22.1M. The chart draws each line against Q1 2026, the increases inside each band.

Humacyte: what changed, Q2 2026 vs Q1 2026Humacyte: what changed, Q2 2026 vs Q1 2026Working capital & other$22.8MInterest & other, net$21.1MNet loss$19.2MOperating cash sources$19.2MNet loss absorbed$19.2MCosts & expenses$7.8MCash used in operations−$3.0MOperating costs−$2.0MResearch & development−$1.3MCost of revenue−$807K

Every line

LineQ2 2026Q1 2026Change%
Revenue$406K$495K−$89K-18%
Net loss$36.8M$17.6M$19.2M+109%
Costs & expenses$37.2M$29.4M$7.8M+26%
Operating costs$27.4M$29.4M−$2.0M-7%
Interest & other, net$9.8M−$11.3M$21.1M—
Cost of revenue$1.2M$2.0M−$807K-40%
Research & development$18.1M$19.5M−$1.3M-7%
General & admin$8.0M$7.9M$97K+1%
Operating cash sources$36.8M$17.6M$19.2M+109%
Depreciation$1.3M$1.3M−$5K-0.4%
Share-based compensation$2.6M$3.2M−$562K-18%
Working capital & other$10.8M−$12.0M$22.8M—
Cash used in operations$22.1M$25.1M−$3.0M-12%
Net loss absorbed$36.8M$17.6M$19.2M+109%

Questions

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

Humacyte's revenue fell $89K (-18%) from $495K in Q1 2026 to $406K in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →