For Q1 FY2026 ended March 31, 2026, Protagonist Therapeutics reported revenue of $56.4 million, up 99% year-over-year, driven by collaboration agreements. Net income was $3.8 million, a significant improvement from a net loss in the prior year, while operating income remained negative at -$3.6 million but narrowed by 81%. Diluted EPS was $0.05, up 126% from the prior year. The company held $193.7 million in cash and $655.5 million in equity, with no long-term debt.
•Revenue surged 99% YoY to $56.4 million, primarily from license and collaboration agreements.
•Net income turned positive at $3.8 million, compared to a net loss of -$11.7 million in Q1 FY2025.
•Operating loss narrowed to -$3.6 million from -$19.3 million, an 81% improvement.
•Cash and equity stood at $193.7 million and $655.5 million, respectively, with no long-term debt.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Protagonist Therapeutics is a discovery and development company in the United States. It develops Icotyde, a first-in-class investigational targeted oral peptide for the treatment of adults and pediatric patients 12 years of age and older with moderate-to-severe plaque psoriasis
Rusfertide, a first-in-class investigational injectable mimetic of the natural hormone hepcidin in Phase 3 development for the treatment of the rare blood disorder polycythemia vera. The company is also developing PN-881, a potential best-in-class oral peptide IL-17 antagonist, for the treatment of immune-mediated skin diseases in Phase 1 clinical trials.
Its portfolio also includes PN-477 and PN-458, which are development candidates for the treatment of obesity, PN-8047, an orally administered hepcidin functional mimetic small molecule, L-4R alpha antagonist for the treatment of atopic dermatitis and moderate-to-severe asthma, and amylinR-based oral and subcutaneous mono- and poly-agonists for the treatment of obesity. Incorporated in 2006, Protagonist Therapeutics is headquartered in Newark, California.
Protagonist Therapeutics is a discovery and development company focused on creating first-in-class oral and injectable peptide therapies. Its lead product, Icotyde, is an investigational oral peptide for moderate-to-severe plaque psoriasis in adults and pediatric patients aged 12 and older. Another key candidate, Rusfertide, is a hepcidin mimetic in Phase 3 development for polycythemia vera, a rare blood disorder. The company also has PN-881, an oral IL-17 antagonist in Phase 1 for immune-mediated skin diseases, and preclinical candidates for obesity, including PN-477, PN-458, and amylinR-based agonists. Additionally, it is developing PN-8047, an oral hepcidin mimetic small molecule, and an IL-4R alpha antagonist for atopic dermatitis and asthma.
Where is Protagonist Therapeutics (PTGX) listed and in what currency?
Protagonist Therapeutics is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol PTGX. Its shares are traded in US dollars (USD). The company is headquartered in Newark, California, and operates primarily in the United States.
What sector and industry does Protagonist Therapeutics (PTGX) belong to?
Protagonist Therapeutics operates in the Healthcare sector, specifically within the Biotechnology industry. As a biotechnology company, it focuses on researching and developing innovative peptide-based therapies for various diseases, including dermatological, hematological, and metabolic conditions.
Where is Protagonist Therapeutics (PTGX) headquartered and what is its history?
Protagonist Therapeutics is headquartered in Newark, California, United States. The company was incorporated in 2006 and has since been dedicated to discovering and developing novel peptide therapeutics. Its research and development efforts are centered in the US, targeting both common and rare diseases with significant unmet medical needs.
What are the key product candidates in Protagonist Therapeutics' (PTGX) pipeline?
Protagonist Therapeutics has a diverse pipeline of peptide-based candidates. Icotyde is a first-in-class oral peptide for plaque psoriasis, while Rusfertide is an injectable hepcidin mimetic in Phase 3 for polycythemia vera. PN-881 is an oral IL-17 antagonist in Phase 1 for skin diseases. Preclinical programs include PN-477 and PN-458 for obesity, PN-8047 (oral hepcidin mimetic), an IL-4R alpha antagonist for atopic dermatitis and asthma, and amylinR-based agonists for obesity. These candidates target a range of therapeutic areas, from inflammatory conditions to metabolic disorders.