Q2 FY2026 EarningsQ2 FY26 results beat consensus on earnings but missed on top-line and operating metrics due to pre-revenue status and one-time events. Net income (GAAP) of $123.2M ($1.08 EPS) significantly exceeded the $58.9M ($0.45 EPS) consensus, driven by a $178.2M gain from the sale of a Priority Review Voucher (PRV). However, zero product revenue was reported against a $16.5M expectation, as the recently approved KRESLADI™ has not yet reached commercial sales. Operating efficiency improved YoY following a 2025 restructuring, with R&D and G&A expenses down significantly.