Agenus Q3 2026 revenue rises to $31.5 million; operating income $11.4 million
Agenus reported third-quarter 2026 revenue of $31.5 million, up from $30.2 million a year earlier but down from $34.5 million in the second quarter. Operating income was $11.4 million, its third straight positive quarter, while net income was $2.8 million, below the $63.9 million shown for the third quarter of 2025. Cash and short-term investments rose to $86.9 million at September 30, 2026, from $18.7 million at June 30, 2026, following a July private placement.
Key points
- Total revenue was $31.5 million, versus $30.2 million in Q3 2025 and $34.5 million in Q2 2026.
- Operating income was $11.4 million, compared with an operating loss of $4.6 million in Q3 2025.
- Net income was $2.8 million for the quarter and $41.4 million for the first nine months of 2026.
- Cash, cash equivalents and short-term investments were $86.9 million, including proceeds from a July private placement of approximately $85 million upfront.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
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