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Filing Flows › Northwest Biotherapeutics (NWBO) › Q1 2026 › vs Q1 2025

Northwest Biotherapeutics (NWBO) Q1 2026 vs Q1 2025 (year over year)

Northwest Biotherapeutics's revenue rose $119K (+32%) from $375K in Q1 2025 to $494K in Q1 2026.

Northwest Biotherapeutics, Q1 2026: revenue $494K (+32% year over year), net earnings $3.1M, operating cash flow −$12.5M. The chart draws each line against Q1 2025, the increases inside each band.

Northwest Biotherapeutics: what changed, Q1 2026 vs Q1 2025Northwest Biotherapeutics: what changed, Q1 2026 vs Q1 2025Operating cash sources$25.8MWorking capital & other$25.8MNet earnings$22.4MOther income, net$16.0MOperating costs−$6.3MCosts & expenses−$5.2MResearch & development−$3.5MCash used in operations$3.1MGeneral & admin−$2.8MDepreciation & amortization$371K

Every line

LineQ1 2026Q1 2025Change%
Revenue$494K$375K$119K+32%
Other income, net$14.0M−$2.0M$16.0M—
Costs & expenses$14.5M$19.7M−$5.2M-26%
Operating costs$11.4M$17.7M−$6.3M-36%
Net earnings$3.1M−$19.3M$22.4M—
Research & development$4.9M$8.4M−$3.5M-42%
General & admin$6.5M$9.3M−$2.8M-30%
Operating cash sources$16.7M−$9.1M$25.8M—
Depreciation & amortization$771K$400K$371K+93%
Share-based compensation$288K$385K−$97K-25%
Cash used in operations$12.5M$9.4M$3.1M+33%
Working capital & other$16.7M−$9.1M$25.8M—

Questions

How much did Northwest Biotherapeutics's revenue grow year over year in Q1 2026?

Northwest Biotherapeutics's revenue rose $119K (+32%) from $375K in Q1 2025 to $494K in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →