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NewAmsterdam Pharma Co N.V. (NAMS) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

NewAmsterdam Pharma Co N.V. (NAMS) reported revenue of $3.0M for the first quarter 2026 (Q1 2026), +2% from a year earlier and up 95-fold from the quarter before.

Revenue$3.0M
Year over year+2%
Quarter over quarter95×
Operating margin—
Net earnings−$48.4M

NewAmsterdam Pharma Co N.V., Q1 2026: revenue $3.0M (+2% year over year), net loss $48.4M, operating cash flow −$30.6M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$3.0M95×+2%
Operating profit−$58.4M——
Net earnings−$48.4M——
Operating cash flow−$30.6M——

What changed

Revenue was $3.0M in Q1 2026, up 2% year over year and up 9400% from the previous quarter.

Operating costs exceeded revenue by $58.4M, an operating margin of -1921.7%. Total costs fell 15% while revenue rose 2%. The quarter ended with a net loss of $48.4M, narrower than the previous quarter's $74.9M loss. Non-operating items added $10.0M, -21% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$30.6M. Non-cash charges added back $62K of depreciation and amortization and $18.0M of share-based compensation. Capital expenditures of $38K exceeded it, leaving free cash flow of −$30.6M.

Questions

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Source: NewAmsterdam Pharma Co N.V. 10-Q on SEC EDGAR.