Corbus Pharmaceuticals Q2 net loss widens to $35.0 million from $17.7 million
Corbus Pharmaceuticals reported a second-quarter 2026 net loss of $35.0 million, or $1.81 per share, up from $17.7 million, or $1.44 per share, a year earlier, as operating expenses rose to $36.2 million. The company said it had $117.9 million in cash, cash equivalents and investments at June 30, 2026, expected to fund operations into 2028, and it announced new executive and board appointments. Shareholders face a larger loss and a higher expense base while the company's two key clinical milestones are expected in September 2026.
Key points
- Net loss of $35.0 million, or $1.81 per share, for the quarter ended June 30, 2026, versus $17.7 million, or $1.44 per share, a year earlier
- Operating expenses of $36.2 million, up from $19.2 million, including a $10.0 million development milestone payment for CRB-701
- Cash, cash equivalents and investments of $117.9 million at June 30, 2026, expected to fund operations into 2028
- CANYON-1 Phase 1b topline data for CRB-913 in obesity and TEMPO-1 enrollment both expected in September 2026
The filing
Written by AI on Nov 9, 2026, 8:38 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 August 06, 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.