Filing Flows › Surrozen (SRZN) › Q2 2026
Surrozen (SRZN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Surrozen (SRZN) reported revenue of $5.0M for the second quarter 2026 (Q2 2026), +409% from a year earlier and 0% from the quarter before. Operating margin was -207.4%.
Surrozen, Q2 2026: revenue $5.0M (+409% year over year), operating margin -207.4%, net earnings $50.2M, operating cash flow −$7.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.0M | 0% | +409% |
| Operating profit | −$10.4M | — | — |
| Net earnings | $50.2M | — | +26% |
| Operating cash flow | −$7.4M | — | — |
What changed
Revenue was $5.0M in Q2 2026, up 409% year over year and roughly flat from the previous quarter.
Operating costs exceeded revenue by $10.4M, an operating margin of -207.4%. Total costs grew 54% against revenue growth of 409%. The fastest-growing cost line was General & admin (+74%). Net earnings were $50.2M, up 26% year over year. The effective tax rate was 0.0%. Non-operating items added $60.5M, 121% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$7.4M. Non-cash charges added back $51K of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items used $60.5M. Capital expenditures of $19K exceeded it, leaving free cash flow of −$7.4M.
Questions
What was Surrozen's revenue in the second quarter 2026?
Surrozen (SRZN) reported revenue of $5.0M for the second quarter 2026 (Q2 2026), +409% from a year earlier and 0% from the quarter before.
Was Surrozen profitable in the second quarter 2026?
Operating loss was $10.4M (-207.4% of revenue) and net earnings $50.2M.
Source: Surrozen 10-Q on SEC EDGAR.