Protagonist Therapeutics, Inc
For the period ended Sep 30, 2026. Filed Nov 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 6, 2026
PTGX$136.26+0.3%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
(In thousands, except share and per share data)
| | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended · · Nine Months Ended | ||||||||||||
| · · September 30, · · September 30, | ||||||||||||
| · · 2026 · · 2025 · · 2026 · · 2025 | ||||||||||||
| License and collaboration revenue | | $274,410 | | $4,712 | | $544,253 | | $38,579 | ||||
| Operating expenses: | | | | | | | | | | | | |
| Cost of revenue | | | 1,100 | | | — | | | 1,100 | | | — |
| Research and development | | | 41,274 | | | 40,003 | | | 130,074 | | | 112,932 |
| General and administrative | | 13,704 | | 11,130 | | 39,629 | | 33,419 | ||||
| Total operating expenses | | 56,078 | | 51,133 | | 170,803 | | 146,351 | ||||
| Income (loss) from operations | | 218,332 | | (46,421) | | 373,450 | | (107,772) | ||||
| Interest income | | 8,253 | | 7,049 | | 20,558 | | | 22,028 | |||
| Other (expense) income, net | | | (14) | | | 33 | | | (42) | | | 151 |
| Income (loss) before income tax expense | | | 226,571 | | | (39,339) | | | 393,966 | | | (85,593) |
| Income tax expense | | | 6,556 | | | — | | | 7,319 | | | 172 |
| Net income (loss) | | $220,015 | | $(39,339) | | $386,647 | | $(85,765) | ||||
| Net income (loss) per share: | | | | | | | | | | | | |
| Basic | | $3.32 | | $(0.62) | | $5.88 | | $(1.35) | ||||
| Diluted | | $3.07 | | $(0.62) | | $5.43 | | $(1.35) | ||||
| Weighted-average shares used to compute net income (loss) per share: | | | | | | | | | | | | |
| Basic | | 66,362,300 | | 63,772,332 | | 65,799,973 | | 63,418,522 | ||||
| Diluted | | 71,731,904 | | 63,772,332 | | 71,242,641 | | 63,418,522 | ||||
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