Delcath Systems raises 2026 revenue guidance to $104M-$108M as Q2 revenue hits $29.1M
Delcath Systems reported second-quarter 2026 total revenue of $29.1 million, up from $24.2 million a year earlier, and raised its full-year 2026 revenue guidance to $104 million to $108 million. Net income was $2.7 million in both quarters, while non-GAAP adjusted EBITDA fell to $7.6 million from $9.8 million, so shareholders get stronger sales alongside flat profit and lower adjusted EBITDA.
Key points
- Q2 2026 total revenue was $29.1 million versus $24.2 million in Q2 2025; HEPZATO KIT revenue was $27.1 million.
- Net income was $2.7 million in both Q2 2026 and Q2 2025; diluted income per share was $0.07 in both periods.
- Non-GAAP adjusted EBITDA was $7.6 million versus $9.8 million a year earlier.
- 2026 revenue guidance was increased to $104 million to $108 million, with full-year gross margins expected at 86% to 89%; cash and investments were $95.9 million as of June 30, 2026.
The filing
Written by AI on Nov 9, 2026, 8:29 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.