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Palatin Technologies (PTN) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed May 13, 2026

Palatin Technologies (PTN) reported revenue of $3.9M for the third quarter fiscal 2026 (Q3 FY26) and up 34-fold from the quarter before. Operating margin was -40.3%, net loss $1.4M (36.5% of revenue).

Revenue$3.9M
Year over year—
Quarter over quarter34×
Operating margin-40.3%
Net earnings−$1.4M

Palatin Technologies, Q3 FY26: revenue $3.9M, operating margin -40.3%, net loss $1.4M, operating cash flow −$4.4M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$3.9M34×—
Operating profit−$1.6M——
Net earnings−$1.4M——
Operating cash flow−$4.4M——

What changed

Revenue was $3.9M in Q3 FY26, up 3279% from the previous quarter.

Operating costs exceeded revenue by $1.6M, an operating margin of -40.3%. The quarter ended with a net loss of $1.4M, narrower than the previous quarter's $7.3M loss.

Operating cash flow was −$4.4M. Non-cash charges added back $17K of depreciation and $420K of share-based compensation. Working capital and other items used $3.4M. Capital expenditures of $38K exceeded it, leaving free cash flow of −$4.5M.

Questions

What was Palatin Technologies' revenue in the third quarter fiscal 2026?

Palatin Technologies (PTN) reported revenue of $3.9M for the third quarter fiscal 2026 (Q3 FY26) and up 34-fold from the quarter before.

Was Palatin Technologies profitable in the third quarter fiscal 2026?

Operating loss was $1.6M (-40.3% of revenue) and net loss $1.4M.

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Source: Palatin Technologies 10-Q on SEC EDGAR.