Equillium Q2 2026 net loss narrows to $4.7 million from $5.7 million a year earlier
Equillium reported a second-quarter 2026 net loss of $4.7 million, or $(0.04) per share, compared with $5.7 million, or $(0.16) per share, a year earlier. The company said its $57.2 million in cash is expected to fund planned operations into 2029, and it reiterated that a Phase 1 study of EQ504 is expected to begin in the fourth quarter of 2026.
Key points
- Net loss for Q2 2026 was $4.7 million, or $(0.04) per basic and diluted share, versus $5.7 million, or $(0.16) per share, in Q2 2025.
- R&D expenses were $2.8 million, down from $4.1 million a year earlier; G&A expenses were $2.4 million, up from $2.1 million.
- Cash and cash equivalents were $57.2 million as of June 30, 2026, down from $61.3 million as of March 31, 2026.
- Weighted-average shares outstanding were 111,805,635 in Q2 2026, compared with 35,719,317 in Q2 2025.
The filing
Written by AI on Nov 9, 2026, 11:43 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 13, 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.