Jun 2026 (Q2 FY26) — Jul 29, 2026
Corcept Therapeutics Q2 FY26 — Strong Lifyorli Launch and Increased Full-Year Guidance
Read the full callCorcept Therapeutics earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 256 | +31.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 16.1 | +2.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 43.0 | +22.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
17 of 21 judged targets kept · 16 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Dazucorilant Phase III ALS trial start | Start the Phase III ALS trial by the middle of 2026 | Sep 2025 | The findings from this study will inform the design of the pivotal trial that we plan to start early next year. | Delayed |
| Annual revenue of the current Cushing's syndrome business with existing medications | At least $2 billion in annual revenue by the end of the decade | Dec 2025 | propelling our current Cushing's syndrome business to at least $2 billion in annual revenue by the end of this decade | On Track |
| Meeting with the FDA on the relacorilant complete response letter | Meet with the FDA in April 2026 | Dec 2025 | In April, we met with the FDA regarding relacorilant's new drug application, its NDA in Cushing's syndrome. | Achieved |
4 of CORCEPT THERAPEUTICS INC's 37 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 34 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $78.69 on 17 Oct 2025 → $112.1. High $123.57 (25 Aug 2026), low $32.15 (13 Mar 2026).
Overview
Guidance
17 of 21 judged targets kept · 16 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Dazucorilant Phase III ALS trial start | Start the Phase III ALS trial by the middle of 2026 | Sep 2025 | The findings from this study will inform the design of the pivotal trial that we plan to start early next year. | Delayed |
| Annual revenue of the current Cushing's syndrome business with existing medications | At least $2 billion in annual revenue by the end of the decade | Dec 2025 | propelling our current Cushing's syndrome business to at least $2 billion in annual revenue by the end of this decade | On Track |
| Meeting with the FDA on the relacorilant complete response letter | Meet with the FDA in April 2026 | Dec 2025 | In April, we met with the FDA regarding relacorilant's new drug application, its NDA in Cushing's syndrome. | Achieved |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 37 tracked commitments, with each call’s wording and source.
Call summaries
Corcept Therapeutics Q2 FY26 — Strong Lifyorli Launch and Increased Full-Year Guidance
Read the full callCorcept Therapeutics Q1 FY26 — Strong Growth in Endocrinology and Successful Lifyorli Launch Drive Raised Guidance
Read the full callCorcept Therapeutics Q4 FY25 — Strong Korlym Growth Offset by Relacorilant CRL, Oncology Pipeline Progresses
Read the full callEvery analysed call
Financials
Net profit, year on year: +22% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 183 | 182 | 157 | 194 | 208 | 202 | 165 | 256 |
| Expenses | 136 | 157 | 154 | 168 | 197 | 198 | 215 | 215 |
| Operating profit | 47 | 25 | 3 | 27 | 10 | 4 | -50 | 41 |
| Operating margin | 25.5% | 13.9% | 2.2% | 13.7% | 4.9% | 2.2% | −30.1% | 16.1% |
| Other income | 6 | 7 | 6 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | 53 | 32 | 10 | 32 | 15 | 10 | -45 | 46 |
| Tax rate | 10.8% | 3.8% | −113.6% | −10.9% | −29.0% | −145.1% | 29.0% | 6.4% |
| Net profit | 47 | 31 | 21 | 35 | 20 | 24 | -32 | 43 |
| EPS ($ per share) | 0.45 | — | 0.19 | 0.33 | 0.19 | — | -0.30 | 0.40 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -118 | -24 | 82 | 195 | 296 | 403 | 544 | 643 |
| Total liabilities | 36 | 41 | 48 | 48 | 82 | 115 | 161 | 189 |
| Fixed assets | 1 | 1 | 2 | 1 | 1 | 0 | 3 | 2 |
| Investments | 165 | 245 | 365 | 146 | 365 | 233 | 256 | 252 |
| Total assets | 312 | 412 | 572 | 424 | 583 | 622 | 841 | 837 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 116 | 136 | 152 | 168 | 120 | 127 | 198 | 142 |
| Cash from investing | -91 | -118 | -119 | 136 | -114 | 91 | -178 | 70 |
| Cash from financing | -14 | -29 | 12 | -303 | -17 | -149 | -28 | -220 |
| Net cash flow | 11 | -10 | 45 | 1 | -11 | 69 | -8 | -7 |
| Capital expenditure | -0 | -1 | -1 | -0 | -0 | -0 | -2 | -0 |
| Free cash flow | 115 | 135 | 151 | 167 | 120 | 127 | 196 | 142 |
| Segment | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|
| Hypercortisolism Products | 81% | — |
| Lifyorli | 19% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
266 filings between Nov 3, 2025 and Oct 15, 2026.
Purchases
$3.31M
2 purchases by 1 insider
Sales
$101.18M
110 sales by 10 insiders
95% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 30 gifts, 9 other filings.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Maduck Sean | — | $24.47M | Oct 2, 2026 |
| Mokari Atabak | — | $18.73M | Jul 30, 2026 |
| MAHONEY DAVID L | — | $13.94M | Aug 18, 2026 |
| Guyer William | — | $13.11M | Aug 10, 2026 |
| BELANOFF JOSEPH K | — | $10.38M | Jun 1, 2026 |
| Vieira Roberto Wandenkolk | — | $7.46M | Oct 2, 2026 |
| WILSON JAMES N | — | $5.08M | Oct 15, 2026 |
| Lyon Joseph Douglas | — | $3.56M | Oct 2, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 15, 2026 | WILSON JAMES N Director | Sale 10b5-1 plan | 3,046 | $351.5K |
| Oct 15, 2026 | WILSON JAMES N Director | Sale 10b5-1 plan | 6,654 | $761.7K |
| Oct 15, 2026 | WILSON JAMES N Director | Sale 10b5-1 plan | 300 | $34.9K |
| Oct 2, 2026 | Lyon Joseph Douglas See Remarks | Sale 10b5-1 plan | 4,744 | $552.9K |
| Oct 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Option exercise 10b5-1 plan | 8,333 | $180.2K |
| Oct 2, 2026 | Lyon Joseph Douglas See Remarks | Option exercise 10b5-1 plan | 5,833 | $112.3K |
| Oct 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Sale 10b5-1 plan | 2,086 | $241.4K |
| Oct 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Sale 10b5-1 plan | 5,147 | $600.1K |
| Oct 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Sale 10b5-1 plan | 1,100 | $126.0K |
| Oct 2, 2026 | Maduck Sean See Remarks | Sale 10b5-1 plan | 8,744 | $1.02M |
| Oct 2, 2026 | Lyon Joseph Douglas See Remarks | Sale 10b5-1 plan | 4,446 | $514.4K |
| Oct 2, 2026 | Lyon Joseph Douglas See Remarks | Option exercise 10b5-1 plan | 3,357 | $45.5K |
| Oct 2, 2026 | Maduck Sean See Remarks | Sale 10b5-1 plan | 15,843 | $1.84M |
| Oct 2, 2026 | Maduck Sean See Remarks | Option exercise 10b5-1 plan | 24,587 | $203.3K |
| Oct 1, 2026 | Maduck Sean See Remarks | Sale 10b5-1 plan | 413 | $47.7K |
| Oct 1, 2026 | Lyon Joseph Douglas See Remarks | Option exercise 10b5-1 plan | 810 | $11.0K |
| Oct 1, 2026 | Maduck Sean See Remarks | Option exercise 10b5-1 plan | 413 | $3.4K |
| Oct 1, 2026 | Lyon Joseph Douglas See Remarks | Sale 10b5-1 plan | 810 | $93.5K |
| Sep 24, 2026 | Robb Gary Charles Chief Business Officer | Gift | 17,100 | $0 |
| Sep 24, 2026 | Robb Gary Charles Chief Business Officer | Gift | 5,000 | $0 |
| Sep 24, 2026 | Robb Gary Charles Chief Business Officer | Gift | 5,000 | $0 |
| Sep 17, 2026 | Robb Gary Charles Chief Business Officer | Option exercise | 17,493 | $144.7K |
| Sep 16, 2026 | Vieira Roberto Wandenkolk President, Oncology | Sale 10b5-1 plan | 296 | $29.8K |
| Sep 15, 2026 | WILSON JAMES N Director | Sale 10b5-1 plan | 400 | $44.3K |
| Sep 15, 2026 | WILSON JAMES N Director | Sale 10b5-1 plan | 2,800 | $312.8K |
| Sep 15, 2026 | WILSON JAMES N Director | Sale 10b5-1 plan | 6,800 | $749.8K |
| Sep 14, 2026 | Lyon Joseph Douglas See Remarks | Sale 10b5-1 plan | 2,188 | $249.7K |
| Sep 14, 2026 | Lyon Joseph Douglas See Remarks | Option exercise 10b5-1 plan | 7,404 | $100.4K |
| Sep 14, 2026 | Lyon Joseph Douglas See Remarks | Option exercise 10b5-1 plan | 2,596 | $29.5K |
| Sep 14, 2026 | Lyon Joseph Douglas See Remarks | Sale 10b5-1 plan | 7,812 | $885.3K |
| Sep 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Option exercise 10b5-1 plan | 58,333 | $1.26M |
| Sep 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Sale 10b5-1 plan | 23,600 | $2.58M |
| Sep 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Tax withheld 10b5-1 plan | 102 | $11.6K |
| Sep 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Sale 10b5-1 plan | 23,770 | $2.63M |
| Sep 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Sale 10b5-1 plan | 1,537 | $171.2K |
| Sep 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Sale 10b5-1 plan | 1,606 | $182.6K |
| Sep 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Sale 10b5-1 plan | 5,621 | $644.0K |
| Sep 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Sale 10b5-1 plan | 974 | $109.5K |
| Sep 2, 2026 | Vieira Roberto Wandenkolk President, Oncology | Sale 10b5-1 plan | 1,225 | $141.4K |
| Sep 2, 2026 | Lyon Joseph Douglas See Remarks | Tax withheld | 72 | $8.2K |
| Sep 2, 2026 | Maduck Sean See Remarks | Tax withheld 10b5-1 plan | 117 | $13.3K |
| Sep 2, 2026 | Robb Gary Charles Chief Business Officer | Tax withheld | 91 | $10.3K |
| Sep 2, 2026 | Mokari Atabak Chief Financial Officer | Tax withheld | 102 | $11.6K |
| Sep 1, 2026 | Maduck Sean See Remarks | Option exercise 10b5-1 plan | 25,000 | $206.8K |
| Sep 1, 2026 | Maduck Sean See Remarks | Sale 10b5-1 plan | 11,730 | $1.34M |
| Sep 1, 2026 | Guyer William Chief Development Officer | Award | 164 | $0 |
| Sep 1, 2026 | Vieira Roberto Wandenkolk President, Oncology | Award 10b5-1 plan | 138 | $0 |
| Sep 1, 2026 | Maduck Sean See Remarks | Sale 10b5-1 plan | 10,989 | $1.26M |
| Sep 1, 2026 | Guyer William Chief Development Officer | Award | 164 | $18.6K |
| Sep 1, 2026 | Mokari Atabak Chief Financial Officer | Award | 138 | $15.6K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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