Faeth Therapeutics Q3 net loss widens to $20.4 million from $4.6 million
Faeth Therapeutics reported a third-quarter 2026 net loss of $20.4 million, or $0.79 per share, compared with $4.6 million, or $3.62 per share, a year earlier, as research and development and general and administrative expenses rose sharply. Cash, cash equivalents and marketable securities reached $174.8 million at September 30, 2026, up from $21.2 million at December 31, 2025, and the company expects topline Phase 2 PIK-201 data by year-end 2026.
Key points
- Net loss of $20.4 million ($0.79 per share) for the quarter ended September 30, 2026, versus $4.6 million ($3.62 per share) a year earlier
- R&D expenses of $11.7 million, up from $2.5 million; G&A expenses of $10.4 million, up from $2.3 million
- Cash, cash equivalents and marketable securities of $174.8 million at September 30, 2026, versus $21.2 million at December 31, 2025
- Topline results from the Phase 2 PIK-201 trial in endometrial cancer are expected by year-end 2026
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 November 03, 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.