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Seres Therapeutics (MCRB) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 4, 2026

Seres Therapeutics (MCRB) reported revenue of $593K for the third quarter 2026 (Q3 2026), +69% from a year earlier and -19% from the quarter before.

Revenue$593K
Year over year+69%
Quarter over quarter-19%
Operating margin—
Net earnings−$16.3M

Seres Therapeutics, Q3 2026: revenue $593K (+69% year over year), net loss $16.3M, operating cash flow −$10.5M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$593K-19%+69%
Operating profit−$16.2M——
Net earnings−$16.3M-456%-299%
Operating cash flow−$10.5M—-575%

What changed

Revenue was $593K in Q3 2026, up 69% year over year and down 19% from the previous quarter.

Operating costs exceeded revenue by $16.2M, an operating margin of -2723.8%. Total costs fell 27% while revenue rose 69%. The fastest-growing cost line was Other operating costs (+675%). The quarter ended with a net loss of $16.3M, after a profit of $4.6M the previous quarter.

Operating cash flow was −$10.5M. Non-cash charges added back $481K of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $3.5M.

Questions

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

Seres Therapeutics (MCRB) reported revenue of $593K for the third quarter 2026 (Q3 2026), +69% from a year earlier and -19% from the quarter before.

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Source: Seres Therapeutics 10-Q on SEC EDGAR.