Filing Flows › Zymeworks (ZYME) › Q1 2026 › vs Q4 2025
Zymeworks (ZYME) Q1 2026 vs Q4 2025 (quarter over quarter)
Zymeworks's revenue fell $107K (-4%) from $2.5M in Q4 2025 to $2.4M in Q1 2026.
Zymeworks, Q1 2026: revenue $2.4M (-91% year over year), net loss $44.2M, operating cash flow −$45.7M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.4M | $2.5M | −$107K | -4% |
| Other income, net | $765K | $2.7M | −$1.9M | -71% |
| Income tax benefit | $2.2M | $270K | $1.9M | +711% |
| Net loss | $44.2M | $41.2M | $3.0M | +7% |
| Costs & expenses | $49.5M | $46.7M | $2.9M | +6% |
| Operating costs | $49.5M | $46.7M | $2.9M | +6% |
| Research & development | $34.5M | $31.2M | $3.2M | +10% |
| General & admin | $15.1M | $15.4M | −$363K | -2% |
| Operating cash sources | $53.8M | $20.2M | $33.6M | +166% |
| Depreciation & amortization | $1.1M | $1.1M | $56K | +5% |
| Share-based compensation | $6.9M | $8.8M | −$1.9M | -22% |
| Cash used in operations | $45.7M | $10.3M | $35.5M | +346% |
| Net loss absorbed | $44.2M | $41.2M | $3.0M | +7% |
| Working capital & other | $9.6M | −$21.0M | $30.6M | — |
Questions
How much did Zymeworks's revenue grow quarter over quarter in Q1 2026?
Zymeworks's revenue fell $107K (-4%) from $2.5M in Q4 2025 to $2.4M in Q1 2026.