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Ovid Therapeutics (OVID) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Ovid Therapeutics (OVID) reported revenue of $733K for the second quarter 2026 (Q2 2026), -88% from a year earlier.

Revenue$733K
Year over year-88%
Quarter over quarter—
Operating margin—
Net earnings−$15.0M

Ovid Therapeutics, Q2 2026: revenue $733K (-88% year over year), net loss $15.0M, operating cash flow −$17.6M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$733K—-88%
Operating profit−$15.7M——
Net earnings−$15.0M-255%—
Operating cash flow−$17.6M——

What changed

Revenue was $733K in Q2 2026, down 88% year over year.

Operating costs exceeded revenue by $15.7M, an operating margin of -2141.6%. Total costs grew 45% against a revenue fall of 88%. The fastest-growing cost line was Research & development (+54%). The quarter ended with a net loss of $15.0M.

Operating cash flow was −$17.6M. Non-cash charges added back $16K of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $4.0M.

Questions

What was Ovid Therapeutics' revenue in the second quarter 2026?

Ovid Therapeutics (OVID) reported revenue of $733K for the second quarter 2026 (Q2 2026), -88% from a year earlier.

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Source: Ovid Therapeutics 10-Q on SEC EDGAR.