Jun 2026 (Q2 FY26) — Aug 6, 2026
Nuvation Bio Q2 FY26 — Strong IBTROZI First-Line Growth and Expanded Safusidenib Program
Read the full callNuvation Bio earnings: last reported Thu, 6 Aug 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 | 31.7 | +555.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -161.1 | +1154.7 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -62.8 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $3.41 on 17 Oct 2025 → $4.48. High $9.54 (22 Dec 2025), low $3.41 (17 Oct 2025).
Overview
Call summaries
Nuvation Bio Q2 FY26 — Strong IBTROZI First-Line Growth and Expanded Safusidenib Program
Read the full callEvery analysed call
Financials
Net profit, year on year: −6% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1 | 6 | 3 | 5 | 13 | 42 | 83 | 32 |
| Operating profit | -48 | -54 | -59 | -64 | -56 | -34 | 4 | -51 |
| Operating margin | −6616.4% | −944.5% | −1913.2% | −1315.7% | −430.1% | −81.3% | 4.7% | −161.1% |
| Other income | 7 | 4 | 6 | 5 | 1 | -3 | 2 | -12 |
| Interest | 0 | 0 | 0 | 0 | 7 | 7 | 7 | 7 |
| Profit before tax | -41 | -49 | -53 | -59 | -56 | -37 | 5 | -63 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net profit | -41 | -49 | -53 | -59 | -56 | -37 | 5 | -63 |
| EPS ($ per share) | -0.15 | — | -0.16 | -0.17 | -0.16 | — | 0.02 | -0.18 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | 289 | 910 | 928 | 948 | 1,374 | 1,421 |
| Reserves | -76 | -163 | -267 | -343 | -911 | -1,115 |
| Total liabilities | 7 | 30 | 17 | 16 | 77 | 289 |
| Fixed assets | 1 | 1 | 1 | 1 | 1 | 1 |
| Investments | 186 | 633 | 560 | 569 | 467 | 365 |
| Total assets | 222 | 776 | 672 | 621 | 541 | 595 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Cash from operations | -37 | -68 | -96 | -68 | -130 | -173 |
| Cash from investing | -70 | -455 | 63 | 9 | 123 | 100 |
| Cash from financing | 133 | 626 | 1 | 1 | 0 | 203 |
| Net cash flow | 26 | 103 | -31 | -58 | -7 | 128 |
| Capital expenditure | — | — | — | — | 0 | -8 |
| Free cash flow | — | — | — | — | -130 | -181 |
40 filings between Oct 27, 2025 and Aug 19, 2026.
Purchases
$118.3K
1 purchase by 1 insider
Sales
$9.68M
17 sales by 6 insiders
47% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Hattersley Gary | — | $3.88M | Aug 19, 2026 |
| Liu Dongfang | — | $1.87M | Apr 17, 2026 |
| Wentworth Kerry | — | $1.47M | Jun 23, 2026 |
| Hanley David C. | — | $1.43M | Nov 19, 2025 |
| Markel Stacy | — | $753.2K | Jun 23, 2026 |
| Sauvage Philippe | — | $286.4K | Jun 23, 2026 |
| Mashal Robert | $118.3K | — | Jun 9, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 19, 2026 | Hattersley Gary CHIEF SCIENTIFIC OFFICER | Sale 10b5-1 plan | 100,000 | $709.2K |
| Aug 19, 2026 | Hattersley Gary CHIEF SCIENTIFIC OFFICER | Option exercise 10b5-1 plan | 100,000 | $187.0K |
| Jul 15, 2026 | Sauvage Philippe Chief Financial Officer | Option exercise | 1 | $2 |
| Jul 15, 2026 | Sauvage Philippe Chief Financial Officer | Option exercise | 39,999 | $86.8K |
| Jun 23, 2026 | Markel Stacy CHIEF PEOPLE OFFICER | Sale 10b5-1 plan | 125,000 | $753.2K |
| Jun 23, 2026 | Sauvage Philippe Chief Financial Officer | Option exercise 10b5-1 plan | 47,668 | $103.4K |
| Jun 23, 2026 | Sauvage Philippe Chief Financial Officer | Sale 10b5-1 plan | 47,668 | $286.4K |
| Jun 23, 2026 | Markel Stacy CHIEF PEOPLE OFFICER | Option exercise 10b5-1 plan | 90,380 | $169.0K |
| Jun 23, 2026 | Wentworth Kerry CHIEF REGULATORY OFFICER | Option exercise 10b5-1 plan | 63,000 | $184.6K |
| Jun 23, 2026 | Wentworth Kerry CHIEF REGULATORY OFFICER | Sale 10b5-1 plan | 63,000 | $379.2K |
| Jun 23, 2026 | Markel Stacy CHIEF PEOPLE OFFICER | Option exercise 10b5-1 plan | 34,620 | $60.2K |
| Jun 9, 2026 | Mashal Robert Director | Purchase | 25,000 | $118.3K |
| Apr 17, 2026 | Wentworth Kerry CHIEF REGULATORY OFFICER | Sale 10b5-1 plan | 36,750 | $184.3K |
| Apr 17, 2026 | Wentworth Kerry CHIEF REGULATORY OFFICER | Option exercise 10b5-1 plan | 36,750 | $107.7K |
| Apr 17, 2026 | Liu Dongfang CHIEF MEDICAL OFFICER | Option exercise 10b5-1 plan | 50,000 | $97.0K |
| Apr 17, 2026 | Liu Dongfang CHIEF MEDICAL OFFICER | Sale 10b5-1 plan | 50,000 | $251.0K |
| Apr 6, 2026 | Wentworth Kerry CHIEF REGULATORY OFFICER | Option exercise 10b5-1 plan | 100,000 | $194.0K |
| Apr 6, 2026 | Wentworth Kerry CHIEF REGULATORY OFFICER | Option exercise 10b5-1 plan | 100,000 | $187.0K |
| Apr 6, 2026 | Wentworth Kerry CHIEF REGULATORY OFFICER | Sale 10b5-1 plan | 200,000 | $903.6K |
| Feb 27, 2026 | Makunje Moses SEE REMARKS | Award | 50,761 | $0 |
| Dec 1, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Sale | 150,000 | $1.17M |
| Dec 1, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Option exercise | 150,000 | $439.5K |
| Nov 26, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Option exercise | 10,000 | $36.1K |
| Nov 26, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Sale | 10,000 | $80.0K |
| Nov 25, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Option exercise | 10,000 | $36.1K |
| Nov 25, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Sale | 10,000 | $75.0K |
| Nov 20, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Option exercise | 20,000 | $37.4K |
| Nov 20, 2025 | Hattersley Gary CHIEF SCIENTIFIC OFFICER | Option exercise | 69,051 | $120.1K |
| Nov 20, 2025 | Hattersley Gary CHIEF SCIENTIFIC OFFICER | Sale | 69,051 | $499.0K |
| Nov 20, 2025 | Hattersley Gary CHIEF SCIENTIFIC OFFICER | Option exercise | 300,000 | $582.0K |
| Nov 20, 2025 | Hattersley Gary CHIEF SCIENTIFIC OFFICER | Sale | 300,000 | $2.17M |
| Nov 20, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Sale | 20,000 | $140.1K |
| Nov 19, 2025 | Hanley David C. CHIEF TECHNICAL OPERATIONS | Option exercise | 200,000 | $374.0K |
| Nov 19, 2025 | Hanley David C. CHIEF TECHNICAL OPERATIONS | Sale | 200,000 | $1.43M |
| Nov 19, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Option exercise | 15,000 | $28.1K |
| Nov 19, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Sale | 15,000 | $76.6K |
| Nov 17, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Option exercise | 15,000 | $28.1K |
| Nov 17, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Sale | 15,000 | $71.5K |
| Oct 27, 2025 | Hattersley Gary CHIEF SCIENTIFIC OFFICER | Sale 10b5-1 plan | 100,000 | $502.5K |
| Oct 27, 2025 | Hattersley Gary CHIEF SCIENTIFIC OFFICER | Option exercise 10b5-1 plan | 100,000 | $174.0K |
| Jun 18, 2025 | Markel Stacy CHIEF PEOPLE OFFICER | Purchase | 10,000 | $17.1K |
| Jun 17, 2025 | Sauvage Philippe Chief Financial Officer | Purchase | 4,000 | $7.2K |
| Jun 16, 2025 | Wentworth Kerry CHIEF REGULATORY OFFICER | Purchase | 26,000 | $46.5K |
| Jun 16, 2025 | Wentworth Kerry CHIEF REGULATORY OFFICER | Purchase | 24,000 | $43.2K |
| Jun 16, 2025 | Sjogren Colleen Chief Commercial Officer | Purchase | 50,000 | $90.3K |
| Jun 16, 2025 | Sauvage Philippe Chief Financial Officer | Purchase | 3,300 | $6.1K |
| Jun 16, 2025 | Hung David PRESIDENT AND CEO | Purchase | 500,000 | $893.5K |
| May 2, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Option exercise 10b5-1 plan | 20,000 | $38.8K |
| May 2, 2025 | Liu Dongfang CHIEF MEDICAL OFFICER | Sale 10b5-1 plan | 20,000 | $50.0K |
| Apr 7, 2025 | Hung David PRESIDENT AND CEO | Purchase | 300,000 | $487.5K |
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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