Companies /Healthcare
Intellia Therapeutics Inc
NASDAQ: NTLA Biotechnology
$11.42
▲ $0.08 (+0.71%) today
Markets closed · 12:29am ET

Intellia Therapeutics (NTLA) Q2 2026 Earnings

Reported Aug 6, 2026, 7:45am ET · SEC source
$-0.80
Beat −1.95%
EPS · est. $-0.90 GAAP
$7.7M
Miss −40.99%
Revenue · est. $13.0M
+13.7%
Beating market
NTLA vs S&P since report
7 quarters
Consecutive EPS beats

How Did NTLA Stock React to Q2 2026 Earnings?

% change · around the report
0+4%+8%+12%Aug 6Aug 7report 7:45am ETearnings+0.2%+12.5%
0+4%+8%+12%Aug 6Aug 7earnings+0.2%+12.5%
NTLA +12.5%S&P 500 +0.2%
0+5%+10%Aug 6Aug 7report 7:45am ETearnings+1.0%+12.5%
0+5%+10%Aug 6Aug 7earnings+1.0%+12.5%
NTLA +12.5%NASDAQ +1.0%
0+5%+10%+15%Aug 5Aug 14report 7:45am ETearnings+1.0%+12.0%
0+5%+10%+15%Aug 5Aug 14earnings+1.0%+12.0%
NTLA +12.0%S&P 500 +1.0%
0+5%+10%+15%Aug 5Aug 14report 7:45am ETearnings+2.8%+12.0%
0+5%+10%+15%Aug 5Aug 14earnings+2.8%+12.0%
NTLA +12.0%NASDAQ +2.8%
+2.46%
Day of report
+6.23%
Next session
+5.25%
One week
+13.35%
30 days

S&P 500 over the same 30 days: −0.34%.

Did NTLA Beat Earnings? Q2 2026 Results

Yes. Intellia Therapeutics reported Q2 2026 earnings of $-0.80 a share on Aug 6, 2026, beating the $-0.90 consensus estimate by 10.9%. Revenue was $7.7M against a $13.0M estimate.

Intellia Therapeutics delivered a mixed second quarter for 2026, missing on both the top and bottom lines even as a landmark clinical readout underscored the promise of its gene editing platform. The company posted a GAAP net loss of $0.80 per share, falling short of the $0.78 consensus by 1.95%, snapping a streak of six consecutive quarterly EPS beats. Collaboration revenue tumbled 46.2% year over year to $7.66 million, coming in well below the $12.98 million analysts had expected, as reduced contributions from Regeneron on the nex-z program weighed heavily on the top line. The headline story, however, was the Phase 3 HAELO trial for lonvoguran ziclumeran in hereditary angioedema, which demonstrated an 87% reduction in attacks versus placebo and was published in the New England Journal of Medicine. G&A expenses climbed to $37.82 million from $27.21 million a year ago, reflecting aggressive commercial buildout ahead of a planned U.S. launch in the first half of 2027, contingent on BLA acceptance expected later this year. Intellia ended the quarter with $628.35 million in cash, providing runway into at least 2028.

Key Takeaways
  • Positive Phase 3 HAELO data for lonvo-z driving regulatory and commercial momentum
  • R&D expense reduction driven by lower external costs on lead development programs and reduced stock-based compensation
  • G&A expense increase driven by commercial infrastructure buildout for anticipated lonvo-z launch
  • Collaboration revenue decline primarily due to reduced revenue from Regeneron

“The second quarter was a momentous period for Intellia highlighted by the positive Phase 3 HAELO clinical trial results we reported for lonvo-z in hereditary angioedema. These data serve as strong validation for in vivo gene editing and lonvo-z's potential to transform the treatment paradigm for patients who are burdened by this disease.”

Intellia Therapeutics CEO, on the earnings call

What Is Intellia Therapeutics's Outlook?

Intellia expects FDA acceptance of its BLA submission for lonvo-z in the second half of 2026, with a planned U.S. commercial launch in the first half of 2027. The company expects to complete MAGNITUDE-2 enrollment for nex-z in ATTRv-PN in the second half of 2026. Cash, cash equivalents and marketable securities of approximately $628 million are expected to fund operations at least into 2028 and well beyond lonvo-z's anticipated U.S. commercial launch, excluding potential commercial revenues from lonvo-z.

NTLA YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$-120,000,000$-80,000,000$-40,000,000$0$14.2M$7.7MRevenue$-115,663,145$-112,760,000Operating Income$-112,613,792$-106,634,000Net Income
$-120,000,000$-80,000,000$-40,000,000$0RevenueOperating IncomeNet Income
NTLA income statement, Q2 2026 versus Q2 2025
Metric Q2 2026 Q2 2025 Year over year
Revenue $7.7M $14.2M −46.2%
Operating Income −$112.8M −$115.7M −2.5%
Net Income −$106.6M −$112.6M −5.3%

NTLA Revenue by Segment

Collaboration Revenue$7.7M
Collaboration Revenue (Regeneron)

When Does Intellia Therapeutics Report Next?

Expected report date

Figures from SEC filings and company reports. Not investment advice.