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Entrada Therapeutics (TRDA) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

Entrada Therapeutics (TRDA) reported revenue of $875K for the first quarter 2026 (Q1 2026), -96% from a year earlier and -33% from the quarter before.

Revenue$875K
Year over year-96%
Quarter over quarter-33%
Operating margin—
Net earnings−$39.7M

Entrada Therapeutics, Q1 2026: revenue $875K (-96% year over year), net loss $39.7M, operating cash flow −$41.7M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$875K-33%-96%
Operating profit−$42.3M——
Net earnings−$39.7M——
Operating cash flow−$41.7M——

What changed

Revenue was $875K in Q1 2026, down 96% year over year and down 33% from the previous quarter.

Operating costs exceeded revenue by $42.3M, an operating margin of -4834.6%. Total costs grew 2% against a revenue fall of 96%. The quarter ended with a net loss of $39.7M, wider than the previous quarter's $39.2M loss.

Operating cash flow was −$41.7M. Non-cash charges added back $805K of depreciation and $4.7M of share-based compensation. Working capital and other items used $7.5M. Capital expenditures of $44K exceeded it, leaving free cash flow of −$41.7M.

Questions

What was Entrada Therapeutics' revenue in the first quarter 2026?

Entrada Therapeutics (TRDA) reported revenue of $875K for the first quarter 2026 (Q1 2026), -96% from a year earlier and -33% from the quarter before.

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Source: Entrada Therapeutics 10-Q on SEC EDGAR.