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Lyell Immunopharma vs Talphera: LYEL and TLPH compared

Lyell Immunopharma is the larger company: $3K of revenue in its latest quarter (Q3 2026) against $1K for Talphera (Q3 2025).

Lyell Immunopharma vs Talphera, latest quarterLyell Immunopharma vs Talphera, latest quarterLyell Immunopharma (LYEL)Talphera (TLPH)Revenue$3K$1KOperating marginn/mn/m

Where the money goes: LYEL and TLPH

Lyell Immunopharma (LYEL) · Q3 2026

Lyell Immunopharma, Q3 2026: revenue $3K (-80% year over year), net loss $45.5M, operating cash flow −$34.6M. The chart follows the revenue to costs, profit and cash.

Talphera (TLPH) · Q3 2025

Talphera, Q3 2025: revenue $1K, net loss $4.4M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.

Lyell Immunopharma (LYEL)Talphera (TLPH)
Latest quarterQ3 2026Q3 2025
Revenue$3K$1K
Revenue growth, Y/Y-80%—
Operating marginn/mn/m
Net earnings−$45.5M−$4.4M
Operating cash flow−$34.6M−$2.5M

Questions

Which is bigger, Lyell Immunopharma or Talphera?

Lyell Immunopharma is the larger company: $3K of revenue in its latest quarter (Q3 2026) against $1K for Talphera (Q3 2025).

More: Lyell Immunopharma earnings · how Lyell Immunopharma makes money · Talphera earnings · how Talphera makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 12, 2025). Fiscal quarters can end on different dates. Not investment advice.