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Xenetic Biosciences (XBIO) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Xenetic Biosciences (XBIO) reported revenue of $661K for the second quarter 2026 (Q2 2026), +12% from a year earlier and -18% from the quarter before. Operating margin was -147.1%, net loss $930K (140.7% of revenue).

Revenue$661K
Year over year+12%
Quarter over quarter-18%
Operating margin-147.1%
Net earnings−$930K

Xenetic Biosciences, Q2 2026: revenue $661K (+12% year over year), operating margin -147.1%, net loss $930K, operating cash flow −$875K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$661K-18%+12%
Operating profit−$972K——
Net earnings−$930K——
Operating cash flow−$875K——

What changed

Revenue was $661K in Q2 2026, up 12% year over year and down 18% from the previous quarter.

Operating costs exceeded revenue by $1.0M, an operating margin of -147.1%. Total costs grew 24% against revenue growth of 12%. The fastest-growing cost line was General & admin (+64%). The quarter ended with a net loss of $930K, wider than the previous quarter's $456K loss.

Operating cash flow was −$875K. Non-cash charges added back $52K of share-based compensation.

Questions

What was Xenetic Biosciences' revenue in the second quarter 2026?

Xenetic Biosciences (XBIO) reported revenue of $661K for the second quarter 2026 (Q2 2026), +12% from a year earlier and -18% from the quarter before.

Was Xenetic Biosciences profitable in the second quarter 2026?

Operating loss was $972K (-147.1% of revenue) and net loss $930K.

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Source: Xenetic Biosciences 10-Q on SEC EDGAR.