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Filing Flows › Vanda Pharmaceuticals (VNDA) › Q2 2026 › vs Q1 2026

Vanda Pharmaceuticals (VNDA) Q2 2026 vs Q1 2026 (quarter over quarter)

Vanda Pharmaceuticals's revenue fell $1.2M (-2%) from $51.7M in Q1 2026 to $50.5M in Q2 2026.

Vanda Pharmaceuticals, Q2 2026: revenue $50.5M (-4% year over year), operating margin -126.3%, net loss $62.5M, operating cash flow −$31.1M. The chart draws each line against Q1 2026, the increases inside each band.

Vanda Pharmaceuticals: what changed, Q2 2026 vs Q1 2026Vanda Pharmaceuticals: what changed, Q2 2026 vs Q1 2026Working capital & other$33.6MCash used in operations−$19.1MNet loss$13.9MOperating cash sources$13.9MNet loss absorbed$13.9MOperating costs$12.4MCosts & expenses$12.4MResearch & development$8.5MSG&A$3.5MShare-based compensation−$456K

Every line

LineQ2 2026Q1 2026Change%
Revenue$50.5M$51.7M−$1.2M-2%
Other income, net$1.4M$1.8M−$375K-21%
Net loss$62.5M$48.6M$13.9M+29%
Costs & expenses$114M$102M$12.4M+12%
Operating costs$114M$102M$12.4M+12%
Income tax$129K$143K−$14K-10%
Cost of revenue$3.6M$3.2M$401K+13%
Research & development$37.0M$28.4M$8.5M+30%
SG&A$71.8M$68.4M$3.5M+5%
Other operating costs$2.0M$2.0M$00%
Operating cash sources$62.5M$48.6M$13.9M+29%
Depreciation & amortization$2.3M$2.3M−$6K-0.3%
Share-based compensation$2.1M$2.6M−$456K-18%
Working capital & other$27.1M−$6.5M$33.6M—
Cash used in operations$31.1M$50.2M−$19.1M-38%
Net loss absorbed$62.5M$48.6M$13.9M+29%

Questions

How much did Vanda Pharmaceuticals's revenue grow quarter over quarter in Q2 2026?

Vanda Pharmaceuticals's revenue fell $1.2M (-2%) from $51.7M in Q1 2026 to $50.5M in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →