BioAge Labs Q3 net loss widens to $33.5 million on higher BGE-102 trial costs
BioAge Labs reported third quarter 2026 results on November 5, 2026. Collaboration revenue fell to $0.3 million from $2.1 million, and the net loss widened to $33.5 million, or $0.73 per share, from $20.2 million, or $0.56 per share, a year earlier, mainly due to clinical trial costs for BGE-102. The company had about $352.3 million in cash, cash equivalents and marketable securities, which it says will fund operations through 2029.
Key points
- Net loss was $33.5 million ($0.73 per share) for the quarter ended September 30, 2026, versus $20.2 million ($0.56 per share) a year earlier.
- Research and development expenses rose to $30.2 million from $18.5 million, driven by a $13.2 million increase in BGE-102 direct costs tied to the QUELL-CV and QUELL-DME trials.
- Collaboration revenue was $0.3 million, down from $2.1 million, mainly due to a $1.7 million cumulative catch-up adjustment tied to a September 2026 Novartis agreement amendment.
- Cash, cash equivalents and marketable securities totaled about $352.3 million as of September 30, 2026; QUELL-CV topline data are expected in the fourth quarter of 2026.
The filing
Written by AI on Nov 9, 2026, 8:53 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.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.