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PTC Therapeutics (PTCT) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 30, 2026

PTC Therapeutics (PTCT) reported revenue of $361M for the second quarter 2026 (Q2 2026), +102% from a year earlier and +32% from the quarter before. Operating margin was 41.3%, net earnings $83.5M (23.2% of revenue).

Revenue$361M
Year over year+102%
Quarter over quarter+32%
Operating margin41.3%
Net earnings$83.5M

PTC Therapeutics, Q2 2026: revenue $361M (+102% year over year), operating margin 41.3%, net earnings $83.5M, operating cash flow $129M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$361M+32%+102%
Operating profit$149M+231%—
Net earnings$83.5M——
Operating cash flow$129M——
Free cash flow$127M——

What changed

Revenue was $360.5M in Q2 2026, up 102% year over year and up 32% from the previous quarter. Sephience was the largest line at 42% of revenue. Collaboration and license revenue added $47.7M year over year (up 1620%), 26% of the total change. Emflaza declined 32%.

Operating profit was $149.0M, a 41.3% margin (up 60.9 points year over year). Total costs fell 1% while revenue rose 102%. The fastest-growing cost line was Other operating costs (+104%). Net earnings were $83.5M. The effective tax rate was 14.4%.

Operating cash flow was $129.1M, 155% of net earnings. Non-cash charges added back $15.9M of depreciation and amortization and $23.3M of share-based compensation. Capital expenditures of $2.2M left free cash flow of $126.9M.

Questions

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

PTC Therapeutics (PTCT) reported revenue of $361M for the second quarter 2026 (Q2 2026), +102% from a year earlier and +32% from the quarter before.

Was PTC Therapeutics profitable in the second quarter 2026?

Operating profit was $149M (41.3% of revenue) and net earnings $83.5M.

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Source: PTC Therapeutics 10-Q on SEC EDGAR.