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Scilex Holding (SCLX) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

Scilex Holding (SCLX) reported revenue of $7.6M for the second quarter 2026 (Q2 2026), -23% from a year earlier and -11% from the quarter before. Operating margin was -385.0%.

Revenue$7.6M
Year over year-23%
Quarter over quarter-11%
Operating margin-385.0%
Net earnings−$115M

Scilex Holding, Q2 2026: revenue $7.6M (-23% year over year), operating margin -385.0%, net loss $115M, operating cash flow −$6.7M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$7.6M-11%-23%
Operating profit−$29.4M——
Net earnings−$115M——
Operating cash flow−$6.7M—-196%

What changed

Revenue was $7.6M in Q2 2026, down 23% year over year and down 11% from the previous quarter.

Operating costs exceeded revenue by $29.4M, an operating margin of -385.0%. Total costs grew 22% against a revenue fall of 23%. The fastest-growing cost line was Other operating costs (+90%). The quarter ended with a net loss of $115.0M, wider than the previous quarter's $45.6M loss. Net interest and other expense of $85.6M was the main reason.

Operating cash flow was −$6.7M. Non-cash charges added back $2.8M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items added $101.8M.

Questions

What was Scilex Holding's revenue in the second quarter 2026?

Scilex Holding (SCLX) reported revenue of $7.6M for the second quarter 2026 (Q2 2026), -23% from a year earlier and -11% from the quarter before.

Was Scilex Holding profitable in the second quarter 2026?

Operating loss was $29.4M (-385.0% of revenue) and net loss $115M.

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Source: Scilex Holding 10-Q on SEC EDGAR.