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Karyopharm Therapeutics (KPTI) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 13, 2026 · Karyopharm Therapeutics (KPTI) Q2 2026 earnings results →

Q2 2026 Revenue down 12% year over year to $33.4M · 200¢ of every $1 of revenue lost · operating margin -67.4%

Karyopharm Therapeutics made $33.4M in Q2 2026 (-12% Y/Y): Product $30.8M, License and Other $2.7M. Operating margin -67.4%, net loss $67.0M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.

Revenue$33.4M
Year over year-12%
Operating margin-67.4%
Net earnings−$67.0M
Operating cash flow−$24.9M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $33.4M in Q2 2026, down 12% year over year and down 5% from the previous quarter. Product was the largest line at 92% of revenue. License and Other lost $5.6M year over year (down 68%), 124% of the total change.

Operating costs exceeded revenue by $22.5M, an operating margin of -67.4%. Total costs fell 10% while revenue fell 12%. The quarter ended with a net loss of $67.0M, wider than the previous quarter's $22.4M loss. Net interest and other expense of $44.5M was the main reason.

Operating cash flow was −$24.9M. Non-cash charges added back $1.9M of share-based compensation. Working capital and other items added $40.2M.

Quarterly history

Karyopharm Therapeutics revenue by quarterKaryopharm Therapeutics revenue by quarter$30.5MQ4 2024$30.0MQ1 2025$37.9MQ2 2025$44.0MQ3 2025$34.1MQ4 2025$35.1MQ1 2026$33.4MQ2 2026
Karyopharm Therapeutics net earnings by quarterKaryopharm Therapeutics net earnings by quarter−$30.8MQ4 2024−$23.5MQ1 2025−$37.3MQ2 2025−$33.1MQ3 2025−$102MQ4 2025−$22.4MQ1 2026−$67.0MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 13, 2026$33.4M-12%-67.4%−$67.0M−$24.9M
Q1 202610-QMay 14, 2026$35.1M+17%-76.3%−$22.4M−$22.7M
Q4 202510-KFeb 13, 2026$34.1M+12%-52.4%−$102M−$11.8M
Q3 202510-QNov 3, 2025$44.0M+14%-34.6%−$33.1M−$5.9M
Q2 202510-QAug 11, 2025$37.9M-11%-64.3%−$37.3M−$18.7M
Q1 202510-QMay 12, 2025$30.0M-9%-110.8%−$23.5M−$39.0M
Q4 202410-KFeb 19, 2025$30.5M-10%-102.4%−$30.8M−$25.8M

Charts

Karyopharm Therapeutics: revenue growth, year over year and quarter over quarterKaryopharm Therapeutics: revenue growth, year over year and quarter over quarterY/YQ/Q-10%Q4 2024-9%-2%Q1 2025-11%+26%Q2 2025+14%+16%Q3 2025+12%-23%Q4 2025+17%+3%Q1 2026-12%-5%Q2 2026
Latest (Q2 2026): Y/Y -12%, Q/Q -5%.
Karyopharm Therapeutics: where the cash came from (+) and went (−), TTM to Q2 2026Karyopharm Therapeutics: where the cash came from (+) and went (−), TTM to Q2 2026Other financing$77.6MOperating cash flow−$65.3MCash drawn (+) / kept (−)−$16.2MOther investing$3.0MShares issued$979KExchange rates$5K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Karyopharm Therapeutics: profit against cash, quarter by quarterKaryopharm Therapeutics: profit against cash, quarter by quarterNet incomeOperating cash flow−$32.1M−$19.5MQ3 2024−$30.8M−$25.8MQ4 2024−$23.5M−$39.0MQ1 2025−$37.3M−$18.7MQ2 2025−$33.1M−$5.9MQ3 2025−$102M−$11.8MQ4 2025−$22.4M−$22.7MQ1 2026−$67.0M−$24.9MQ2 2026
Latest (Q2 2026): Net income −$67.0M, Operating cash flow −$24.9M.
Karyopharm Therapeutics: diluted shares by fiscal yearKaryopharm Therapeutics: diluted shares by fiscal year72MFY202075MFY20210MFY20220MFY20230MFY20240MFY2025
-100.0% since FY2020: buybacks shrank the count.
Karyopharm Therapeutics in its industry: growth against margin (225 companies, SIC 2834)Karyopharm Therapeutics in its industry: growth against margin (225 companies, SIC 2834)revenue growth, year over year →↑ operating marginmedian +11%median -50%JNJLLYMRKABBVPFEBMYABTREGNTEVAVTRSVRTXBHCZTSONCOGNALNYELANJAZZBMRNPRGOAMRXUTHRRPRXNRIXINSMKeenova Therapeutics plcALKSMDGLPAHCSRPTPTCTINDVBBIOACADCORTPBHANIPKNSAPTGXHRMYIONSAXSMTGTXSUPNTVTXCOLLVREOFAMPHMIRMPCRXRARELQDAARQTIRWDARDXNATRXNCREBSZLABXERSINVACRMDMNKDRYTMURGNPHATAUPHSNDXRIGLLGNDEOLSARWRPGENHROWVNDAOPKSDGRGERNETONAGIOPBYITNGXCYRXCYTKMRVIORGONUVBLFVNSIGAKROSAMRNZVRASPRYHRTXAKBABCYCGYREMGNXELTPSEPNVRDNLFCRCrinetics Pharmaceuticals, Inc.VSTMKURATBPHLABADCTNAMSFBIOXLODERMARCTRMTIAYTUFHTXENTATNXPOCULASMBWVEAPMDBFRIABEOSTOKLXRXCAPRIDYANKTRZOMDFINBPJANXSBFMGOSSETSTRCUSCPIXLIFDCUEAQSTPRAXWHWKVERUEMMAGENBVRCACELUQUREZYMEEQABCLIMNMKYNBAKTSRNACVSICNTBTRAWISCOEVFMTVRDLPCNCAMPAtaiBeckley Inc.CTMXALMSPMHSACRSVTGNROIVKRROJAGXENSCKRSAABUSPRPHSTTKCPHITRDATXMDGOVXNWBOBIOEUPBIRDOVIDSPRBXBIOPRTAMCRBARVNMNOVSLNIGCBIOALGVNDNTHCPMDSPRORFLCOYASCYXBFRGSXTPBTAIQHCWBSERYARWRNACRGBPAVTXCLNNNTHIHINDAAGHALTONCOCRVOSKVIBOLTBDPTLYELIBOPULMKPTI (-12%, -67%)
Pharmaceutical Preparations; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

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💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Karyopharm Therapeutics

Karyopharm Therapeutics is a commercial-stage pharmaceutical company pioneering the science of nuclear export inhibition to develop differentiated therapies for patients with cancer. The Company's lead therapy, XPOVIO® (selinexor), is a first-in-class inhibitor of exportin 1 (XPO1). XPOVIO is marketed by the Company in the U.S. for adults with relapsed or refractory multiple myeloma and is approved as XPOVIO or NEXPOVIO® in more than 50 ex-U.S. countries and territories. Building on its leadership in XPO1 biology, Karyopharm is advancing selinexor's potential in hematological cancers, including in myelofibrosis. The Company is also exploring opportunities to evaluate XPO1 inhibition across myeloproliferative neoplasms using next-generation compounds, including eltanexor.

In its own words, from its 8-K, filed Aug 13, 2026.

Karyopharm Therapeutics against its Pharmaceutical Preparations peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -12% against the peers' median +7%. Operating margin: -67.4% against the peers' median 20.4%.

CompanyQuarterRevenueY/YOp. margin
KPTI Karyopharm TherapeuticsQ2 2026$33.4M-12%-67.4%
JNJ Johnson & JohnsonQ3 2026$25.4B+6%0.1%
LLY ELI LillyQ3 2026$24.4B+39%34.5%
MRK MerckQ3 2026$18.1B+5%30.7%
ABBV AbbVieQ3 2026$17.4B+10%36.0%
PFE PfizerQ3 2026$16.6B-0.4%20.4%
BMY Bristol Myers SquibbQ3 2026$13.1B+7%19.4%
ABT Abbott LaboratoriesQ3 2026$13.0B+14%10.4%
REGN Regeneron PharmaceuticalsQ3 2026$5.1B+36%40.0%

Source: Karyopharm Therapeutics 10-Q on SEC EDGAR · CIK 1503802 · Pharmaceutical Preparations

13F: who owns KPTI and who is buying

Largest holders of KPTI (13F)Largest holders of KPTI (13F)RA Capital Management, L.P.$18.7MAdage Capital Partners GP, L.L.C.$14.9MAcorn Capital Advisors, LLC$14.8MGoldman Sachs Group$13.9MBlackRock$13.9MKalehua Capital Management LLC$13.4MVanguard Capital Management LLC$9.4MCatalio Capital Management, LP$9.2MAvidity Partners Management LP$9.0MT. Rowe Price Investment Manageme…$7.7M
Funds' net buying of KPTI by quarter (13F)Funds' net buying of KPTI by quarter (13F)$11.2M2025-03$4.5M2025-06−$7.8M2025-09$42.8M2025-12$20.8M2026-03$34.4M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on KPTI

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

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