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Zevra Therapeutics (ZVRA) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 6, 2026

Zevra Therapeutics (ZVRA) reported revenue of $36.2M for the first quarter 2026 (Q1 2026), +78% from a year earlier and +6% from the quarter before. Operating margin was 144.0%, net earnings $37.9M (104.6% of revenue).

Revenue$36.2M
Year over year+78%
Quarter over quarter+6%
Operating margin144.0%
Net earnings$37.9M

Zevra Therapeutics, Q1 2026: revenue $36.2M (+78% year over year), operating margin 144.0%, net earnings $37.9M, operating cash flow $6.1M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$36.2M+6%+78%
Operating profit$52.1M+460%—
Net earnings$37.9M+211%—
Operating cash flow$6.1M+11%—
Free cash flow$6.1M+10%—

What changed

Revenue was $36.2M in Q1 2026, up 78% year over year and up 6% from the previous quarter.

Operating profit was $52.1M, a 144.0% margin (up 170.3 points year over year). Net earnings were $37.9M. The effective tax rate was 15.4%.

Operating cash flow was $6.1M, 16% of net earnings. Non-cash charges added back $368K of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items used $35.2M. Capital expenditures of $35K left free cash flow of $6.1M.

Questions

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

Zevra Therapeutics (ZVRA) reported revenue of $36.2M for the first quarter 2026 (Q1 2026), +78% from a year earlier and +6% from the quarter before.

Was Zevra Therapeutics profitable in the first quarter 2026?

Operating profit was $52.1M (144.0% of revenue) and net earnings $37.9M.

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Source: Zevra Therapeutics 10-Q on SEC EDGAR.