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Filing Flows › Nuvation Bio (NUVB) › Q3 2026 › vs Q2 2026

Nuvation Bio (NUVB) Q3 2026 vs Q2 2026 (quarter over quarter)

Nuvation Bio's revenue rose $13.3M (+42%) from $31.7M in Q2 2026 to $45.0M in Q3 2026. The biggest changes: License +$9.0M (+106%); Product Revenue +$4.3M (+19%).

Nuvation Bio, Q3 2026: revenue $45.0M (+243% year over year), operating margin -93.9%, net loss $41.9M, operating cash flow −$38.6M. The chart draws each line against Q2 2026, the increases inside each band.

Nuvation Bio: what changed, Q3 2026 vs Q2 2026Nuvation Bio: what changed, Q3 2026 vs Q2 2026Net loss−$20.9MNet loss absorbed−$20.9MWorking capital & other$16.2MOther income, net$12.1MLicense$9.0MCosts & expenses−$7.4MOperating cash sources−$4.8MOperating costs$4.4MCash used in operations−$4.4MProduct Revenue$4.3M

Every line

LineQ3 2026Q2 2026Change%
Product Revenue$27.5M$23.2M$4.3M+19%
License$17.5M$8.5M$9.0M+106%
Revenue$45.0M$31.7M$13.3M+42%
Other income, net$311K−$11.8M$12.1M—
Net loss$41.9M$62.8M−$20.9M-33%
Costs & expenses$87.2M$94.5M−$7.4M-8%
Operating costs$87.2M$82.7M$4.4M+5%
Research & development$32.7M$30.7M$2.0M+7%
SG&A$42.6M$42.6M−$38K-0.1%
Other operating costs$11.9M$9.5M$2.5M+26%
Operating cash sources$49.2M$54.0M−$4.8M-9%
Depreciation & amortization$578K$536K$42K+8%
Share-based compensation$10.1M$10.5M−$390K-4%
Cash used in operations$38.6M$43.0M−$4.4M-10%
Net loss absorbed$41.9M$62.8M−$20.9M-33%
Working capital & other$7.3M−$8.9M$16.2M—

Questions

How much did Nuvation Bio's revenue grow quarter over quarter in Q3 2026?

Nuvation Bio's revenue rose $13.3M (+42%) from $31.7M in Q2 2026 to $45.0M in Q3 2026.

What drove Nuvation Bio's revenue change in Q3 2026?

License +$9.0M (+106%); Product Revenue +$4.3M (+19%).

Q3 2026 results → · Compare in the interactive Sankey →