Tenaya Therapeutics Q3 net loss narrows to $18.9 million; cash falls to $66.8 million
Tenaya Therapeutics reported a third-quarter 2026 net loss of $18.9 million, or $0.08 per share, down from $20.3 million, or $0.12 per share, a year earlier. The company said its cash covers planned operations into the fourth quarter of 2027, but cash has fallen from $100.5 million at December 31, 2025, and the nine-month net loss widened to $81.6 million from $70.4 million.
Key points
- Q3 2026 collaboration revenue was $1.7 million, compared with none in Q3 2025.
- Q3 2026 included a $666,000 impairment loss; nine-month impairment losses totaled $22.5 million.
- Cash and cash equivalents were $66.8 million at September 30, 2026, versus $100.5 million at December 31, 2025.
- FDA granted RMAT designation to TN-401 in September 2026; further TN-201 and TN-401 updates are planned by year end.
The filing
Written by AI on Nov 9, 2026, 11:44 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 04, 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.