Jun 2026 (Q2 FY26) — Aug 4, 2026
Syndax Q2 FY26 — Strong Commercial Growth and Pipeline Advancement
Read the full callSyndax earnings: last reported Tue, 4 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 | 72.8 | +91.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -55.0 | +127.8 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -49.4 | 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: $15.31 on 14 Oct 2025 → $13.65. High $25.15 (2 Apr 2026), low $13.11 (27 Oct 2025).
Overview
Call summaries
Syndax Q2 FY26 — Strong Commercial Growth and Pipeline Advancement
Read the full callEvery analysed call
Financials
Net profit, year on year: +31% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 13 | 8 | 20 | 38 | 46 | — | 65 | 73 |
| Operating profit | -90 | -96 | -84 | -69 | -57 | -63 | -34 | -40 |
| Operating margin | −716.6% | −1254.8% | −417.9% | −182.7% | −125.2% | — | −52.7% | −55.0% |
| Other income | 5 | 2 | -1 | -2 | -3 | -5 | -8 | -9 |
| Interest | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | -84 | -94 | -85 | -72 | -61 | -68 | -43 | -49 |
| EPS ($ per share) | -0.98 | — | -0.98 | -0.83 | -0.70 | — | -0.48 | -0.55 |
| 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 | -439 | -495 | -569 | -544 | -693 | -902 | -1,221 | -1,507 |
| Total liabilities | 31 | 32 | 48 | 41 | 30 | 59 | 437 | 465 |
| Fixed assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 47 | 35 | 178 | 218 | 401 | 275 | 419 | 259 |
| Total assets | 84 | 64 | 301 | 450 | 497 | 613 | 725 | 530 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -69 | -51 | -71 | 29 | -134 | -161 | -275 | -323 |
| Cash from investing | 51 | 13 | -143 | -41 | -186 | 118 | -220 | 290 |
| Cash from financing | 16 | 29 | 304 | 118 | 172 | 264 | 353 | 14 |
| Net cash flow | -1 | -9 | 91 | 107 | -148 | 221 | -141 | -19 |
| Capital expenditure | -0 | — | 0 | -0 | 0 | 0 | 0 | -0 |
| Free cash flow | -69 | — | -71 | 29 | -134 | -161 | -275 | -323 |
26 filings between Dec 1, 2025 and Jul 8, 2026.
Purchases
None
No insider bought shares.
Sales
$2.75M
9 sales by 3 insiders
33% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 1 gift, 1 other.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Metzger Michael A | — | $1.43M | Jul 8, 2026 |
| Botwood Nicholas A.J. | — | $1.18M | Jun 12, 2026 |
| Goldan Keith A. | — | $137.0K | Jun 1, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jul 8, 2026 | Metzger Michael A Chief Executive Officer | Sale 10b5-1 plan | 32,375 | $784.8K |
| Jul 8, 2026 | Metzger Michael A Chief Executive Officer | Option exercise 10b5-1 plan | 32,375 | $206.6K |
| Jun 12, 2026 | Botwood Nicholas A.J. Head of R&D, CMO | Option exercise 10b5-1 plan | 31,235 | $431.7K |
| Jun 12, 2026 | Botwood Nicholas A.J. Head of R&D, CMO | Sale 10b5-1 plan | 31,235 | $566.6K |
| Jun 11, 2026 | Botwood Nicholas A.J. Head of R&D, CMO | Sale 10b5-1 plan | 34,280 | $617.0K |
| Jun 11, 2026 | Botwood Nicholas A.J. Head of R&D, CMO | Option exercise 10b5-1 plan | 22,515 | $311.2K |
| Jun 1, 2026 | Metzger Michael A Chief Executive Officer | Sale | 6,847 | $130.0K |
| Jun 1, 2026 | Goldan Keith A. Chief Financial Officer | Sale | 1,177 | $22.4K |
| Feb 9, 2026 | Metzger Michael A Chief Executive Officer | Sale | 17,159 | $360.8K |
| Feb 9, 2026 | Goldan Keith A. Chief Financial Officer | Sale | 3,410 | $71.7K |
| Feb 6, 2026 | Metzger Michael A Chief Executive Officer | Sale | 7,412 | $152.8K |
| Feb 6, 2026 | Goldan Keith A. Chief Financial Officer | Sale | 2,082 | $42.9K |
| Feb 4, 2026 | Botwood Nicholas A.J. Head of R&D, CMO | Award | 24,000 | $0 |
| Feb 4, 2026 | Podlesak Dennis Director | Award | 48,000 | $0 |
| Feb 4, 2026 | Legault Pierre Director | Award | 24,000 | $0 |
| Feb 4, 2026 | Katkin Keith Director | Award | 24,000 | $0 |
| Feb 4, 2026 | Rizo Aleksandra Director | Award | 24,000 | $0 |
| Feb 4, 2026 | Botwood Nicholas A.J. Head of R&D, CMO | Award | 36,000 | $0 |
| Feb 4, 2026 | Huber Martin H. Jr. Director | Award | 24,000 | $0 |
| Feb 4, 2026 | Jarrett Jennifer Director | Award | 24,000 | $0 |
| Feb 4, 2026 | Goldan Keith A. Chief Financial Officer | Award | 21,500 | $0 |
| Feb 4, 2026 | Goldan Keith A. Chief Financial Officer | Award | 30,750 | $0 |
| Feb 4, 2026 | Metzger Michael A Chief Executive Officer | Award | 73,000 | $0 |
| Feb 4, 2026 | Metzger Michael A Chief Executive Officer | Award | 144,600 | $0 |
| Jan 30, 2026 | Goldan Keith A. Chief Financial Officer | Other | 1,219 | $10.3K |
| Dec 1, 2025 | Goldan Keith A. Chief Financial Officer | Gift | 1,224 | $0 |
| Sep 8, 2025 | Metzger Michael A Chief Executive Officer | Option exercise 10b5-1 plan | 157,307 | $1.71M |
| Sep 8, 2025 | Metzger Michael A Chief Executive Officer | Sale 10b5-1 plan | 157,307 | $2.58M |
| Aug 18, 2025 | Podlesak Dennis Director | Option exercise 10b5-1 plan | 19,200 | $138.2K |
| Aug 18, 2025 | Podlesak Dennis Director | Sale 10b5-1 plan | 19,200 | $304.2K |
| Aug 15, 2025 | Podlesak Dennis Director | Option exercise 10b5-1 plan | 19,200 | $138.2K |
| Aug 15, 2025 | Podlesak Dennis Director | Sale 10b5-1 plan | 19,200 | $298.4K |
| Aug 14, 2025 | Podlesak Dennis Director | Option exercise 10b5-1 plan | 19,200 | $138.2K |
| Aug 14, 2025 | Podlesak Dennis Director | Sale 10b5-1 plan | 19,200 | $272.5K |
| Jul 31, 2025 | Goldan Keith A. Chief Financial Officer | Other | 1,226 | $10.3K |
| Jul 16, 2025 | Metzger Michael A Chief Executive Officer | Sale | 7,534 | $70.0K |
| Jul 16, 2025 | Goldan Keith A. Chief Financial Officer | Sale | 1,296 | $12.0K |
| Mar 14, 2025 | Metzger Michael A Chief Executive Officer | Option exercise | 6,074 | $43.7K |
| Mar 4, 2025 | Metzger Michael A Chief Executive Officer | Option exercise 10b5-1 plan | 7,814 | $56.3K |
| Mar 4, 2025 | Metzger Michael A Chief Executive Officer | Sale 10b5-1 plan | 7,814 | $117.6K |
| Feb 10, 2025 | Gallagher Neil President, Head of R&D | Sale | 4,618 | $71.6K |
| Feb 10, 2025 | Metzger Michael A Chief Executive Officer | Sale | 13,288 | $206.0K |
| Feb 10, 2025 | Goldan Keith A. Chief Financial Officer | Sale | 3,777 | $58.6K |
| Feb 5, 2025 | Goldan Keith A. Chief Financial Officer | Award | 23,400 | $0 |
| Feb 5, 2025 | Legault Pierre Director | Award | 25,000 | $0 |
| Feb 5, 2025 | Huber Martin H. Jr. Director | Award | 25,000 | $0 |
| Feb 5, 2025 | Jarrett Jennifer Director | Award | 25,000 | $0 |
| Feb 5, 2025 | Katkin Keith Director | Award | 25,000 | $0 |
| Feb 5, 2025 | Meury William Director | Award | 25,000 | $0 |
| Feb 5, 2025 | Rizo Aleksandra Director | Award | 25,000 | $0 |
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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