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Medicinova (MNOV) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Medicinova (MNOV) reported revenue of $458K for the second quarter 2026 (Q2 2026), +241% from a year earlier and +145% from the quarter before. Operating margin was -554.3%, net loss $2.3M (504.8% of revenue).

Revenue$458K
Year over year+241%
Quarter over quarter+145%
Operating margin-554.3%
Net earnings−$2.3M

Medicinova, Q2 2026: revenue $458K (+241% year over year), operating margin -554.3%, net loss $2.3M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$458K+145%+241%
Operating profit−$2.5M——
Net earnings−$2.3M——
Operating cash flow−$1.9M——

What changed

Revenue was $458K in Q2 2026, up 241% year over year and up 145% from the previous quarter.

Operating costs exceeded revenue by $2.5M, an operating margin of -554.3%. Total costs fell 20% while revenue rose 241%. The fastest-growing cost line was General & admin (+27%). The quarter ended with a net loss of $2.3M, narrower than the previous quarter's $2.6M loss.

Operating cash flow was −$1.9M. Non-cash charges added back $5K of depreciation and amortization and $177K of share-based compensation. Working capital and other items added $212K.

Questions

What was Medicinova's revenue in the second quarter 2026?

Medicinova (MNOV) reported revenue of $458K for the second quarter 2026 (Q2 2026), +241% from a year earlier and +145% from the quarter before.

Was Medicinova profitable in the second quarter 2026?

Operating loss was $2.5M (-554.3% of revenue) and net loss $2.3M.

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Source: Medicinova 10-Q on SEC EDGAR.