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Tonix Pharmaceuticals Holding (TNXP) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 10, 2026

Tonix Pharmaceuticals Holding (TNXP) reported revenue of $13.5M for the second quarter 2026 (Q2 2026), +578% from a year earlier and +97% from the quarter before. Operating margin was -314.1%, net loss $40.6M (299.4% of revenue).

Revenue$13.5M
Year over year+578%
Quarter over quarter+97%
Operating margin-314.1%
Net earnings−$40.6M

Tonix Pharmaceuticals Holding, Q2 2026: revenue $13.5M (+578% year over year), operating margin -314.1%, net loss $40.6M, operating cash flow −$42.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$13.5M+97%+578%
Operating profit−$42.5M——
Net earnings−$40.6M——
Operating cash flow−$42.2M——

What changed

Revenue was $13.5M in Q2 2026, up 578% year over year and up 97% from the previous quarter. Tonmya was the largest line at 81% of revenue. Zembrace Symtouch added $426K year over year (up 27%), 4% of the total change.

Operating costs exceeded revenue by $42.5M, an operating margin of -314.1%. Total costs grew 85% against revenue growth of 578%. The fastest-growing cost line was SG&A (+122%). The quarter ended with a net loss of $40.6M, wider than the previous quarter's $40.2M loss.

Operating cash flow was −$42.2M. Non-cash charges added back $619K of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items used $4.6M. Capital expenditures of $587K exceeded it, leaving free cash flow of −$42.8M.

Questions

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

Tonix Pharmaceuticals Holding (TNXP) reported revenue of $13.5M for the second quarter 2026 (Q2 2026), +578% from a year earlier and +97% from the quarter before.

Was Tonix Pharmaceuticals Holding profitable in the second quarter 2026?

Operating loss was $42.5M (-314.1% of revenue) and net loss $40.6M.

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Source: Tonix Pharmaceuticals Holding 10-Q on SEC EDGAR.