
Quarterly ResultAug 6, 2026, 09:15 AM
Delcath Q2 Revenue $29.1M, Net Income $2.7M; Initiates New Trials
AI Summary
Delcath Systems reported Q2 2026 product revenue of $29.1 million, a 20.6% increase year-over-year, with net income of $2.7 million. For the first half of 2026, revenue grew to $54.1 million, up 23.2% YoY, but net income decreased significantly to $1.6 million, primarily due to increased R&D and SG&A expenses. The company announced positive results from the CHOPIN clinical trial and initiated Phase 2 trials for HEPZATO in metastatic colorectal cancer and metastatic breast cancer. Delcath maintains a strong liquidity position with $47.5 million in cash and cash equivalents.
Key Highlights
- Q2 2026 Product Revenue: $29.1 million, up 20.6% YoY.
- Q2 2026 Net Income: $2.7 million.
- H1 2026 Product Revenue: $54.1 million, up 23.2% YoY.
- H1 2026 Net Income: $1.6 million, down 57.6% YoY.
- Cash and cash equivalents: $47.5 million as of June 30, 2026.
- CHOPIN trial showed 54.7% PFS in combination group vs 15.8% in PHP group.
- Phase 2 trial initiated for HEPZATO in metastatic colorectal cancer.
- Phase 2 trial initiated for HEPZATO in metastatic breast cancer.
Price Impact
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