Q2 FY2026 EarningsQ2 FY26 results were mixed relative to consensus: revenue of $3.6M beat the $2.2M expectation by 64.44% following the successful US launch of AVLAYAH™. While loss from operations of -$130.5M was narrower than the -$141.2M consensus, GAAP EPS of -$0.68 missed the -$0.57 estimate due to $5.9M in non-cash interest expenses related to the Royalty Pharma agreement. Post-quarter, the $195M sale of a Priority Review Voucher (PRV) significantly strengthens the balance sheet, providing a primary catalyst for H2 FY26.
Overview: Denali Therap(DNLI) the Revenue is 3.604 M (--%), Beat estimate;the EBIT is -130.54 M (+3.28%), Beat estimate;the EPS is -0.68 (+5.56%), Miss estimate.