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Zevra Therapeutics (ZVRA) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

Zevra Therapeutics (ZVRA) reported revenue of $39.7M for the second quarter 2026 (Q2 2026), +53% from a year earlier and +10% from the quarter before. Operating margin was 42.3%, net earnings $8.8M (22.1% of revenue).

Revenue$39.7M
Year over year+53%
Quarter over quarter+10%
Operating margin42.3%
Net earnings$8.8M

Zevra Therapeutics, Q2 2026: revenue $39.7M (+53% year over year), operating margin 42.3%, net earnings $8.8M, operating cash flow $17.0M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$39.7M+10%+53%
Operating profit$16.8M-68%—
Net earnings$8.8M-77%-88%
Operating cash flow$17.0M+177%—
Free cash flow$16.8M+175%—

What changed

Revenue was $39.7M in Q2 2026, up 53% year over year and up 10% from the previous quarter.

Operating profit was $16.8M, a 42.3% margin (up 316.8 points year over year). Total costs fell 76% while revenue rose 53%. The fastest-growing cost line was Research & development (+31%). Net earnings were $8.8M, down 88% year over year. The effective tax rate was 31.6%.

Operating cash flow was $17.0M, 195% of net earnings. Non-cash charges added back $364K of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $4.9M. Capital expenditures of $217K left free cash flow of $16.8M.

Questions

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

Zevra Therapeutics (ZVRA) reported revenue of $39.7M for the second quarter 2026 (Q2 2026), +53% from a year earlier and +10% from the quarter before.

Was Zevra Therapeutics profitable in the second quarter 2026?

Operating profit was $16.8M (42.3% of revenue) and net earnings $8.8M.

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Source: Zevra Therapeutics 10-Q on SEC EDGAR.