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NRX Pharmaceuticals (NRXP) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

NRX Pharmaceuticals (NRXP) reported revenue of $1.1M for the second quarter 2026 (Q2 2026) and +3% from the quarter before. Operating margin was -590.8%.

Revenue$1.1M
Year over year—
Quarter over quarter+3%
Operating margin-590.8%
Net earnings−$16.5M

NRX Pharmaceuticals, Q2 2026: revenue $1.1M, operating margin -590.8%, net loss $16.5M, operating cash flow −$8.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.1M+3%—
Operating profit−$6.5M——
Net earnings−$16.5M——
Operating cash flow−$8.9M——

What changed

Revenue was $1.1M in Q2 2026, up 3% from the previous quarter. Therapy was the largest line at 79% of revenue.

Operating costs exceeded revenue by $6.5M, an operating margin of -590.8%. The quarter ended with a net loss of $16.5M, wider than the previous quarter's $1.4M loss. Net interest and other expense of $10.0M was the main reason.

Operating cash flow was −$8.9M. Non-cash charges added back $71K of depreciation and amortization and $139K of share-based compensation. Working capital and other items added $7.4M.

Questions

What was NRX Pharmaceuticals' revenue in the second quarter 2026?

NRX Pharmaceuticals (NRXP) reported revenue of $1.1M for the second quarter 2026 (Q2 2026) and +3% from the quarter before.

Was NRX Pharmaceuticals profitable in the second quarter 2026?

Operating loss was $6.5M (-590.8% of revenue) and net loss $16.5M.

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Source: NRX Pharmaceuticals 10-Q on SEC EDGAR.