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Zenas BioPharma (ZBIO) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Zenas BioPharma (ZBIO) reported revenue of $1.0M for the second quarter 2026 (Q2 2026).

Revenue$1.0M
Year over year—
Quarter over quarter—
Operating margin—
Net earnings−$111M

Zenas BioPharma, Q2 2026: revenue $1.0M, net loss $111M, operating cash flow −$57.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.0M——
Operating profit−$108M——
Net earnings−$111M——
Operating cash flow−$57.2M——

What changed

Revenue was $1.0M in Q2 2026.

Operating costs exceeded revenue by $107.7M, an operating margin of -10765.9%. The quarter ended with a net loss of $111.5M.

Operating cash flow was −$57.2M. Non-cash charges added back $4K of depreciation and $8.6M of share-based compensation. Working capital and other items added $45.6M.

Questions

What was Zenas BioPharma's revenue in the second quarter 2026?

Zenas BioPharma (ZBIO) reported revenue of $1.0M for the second quarter 2026 (Q2 2026).

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Source: Zenas BioPharma 10-Q on SEC EDGAR.