
Quarterly ResultAug 11, 2026, 04:53 PM
Maze Therapeutics Q2 Net Loss $(44.7M); Raises $144.6M Equity, $40M Debt
AI Summary
Maze Therapeutics reported a net loss of $44.7 million for Q2 2026, an increase from $33.7 million in Q2 2025. Year-to-date 2026 net loss was $68.9 million, compared to $66.5 million in the prior year. The company significantly bolstered its capital, raising $144.6 million through an underwritten registered equity offering and securing an initial $40.0 million from a new $200.0 million Hercules Term Loan Facility. R&D expenses rose to $34.9 million in Q2 2026, and G&A expenses increased to $13.1 million. The company believes its existing cash, cash equivalents, and marketable securities of $494.9 million are sufficient to fund operations for at least one year.
Key Highlights
- Q2 2026 Net Loss: $(44.7) million, compared to $(33.7) million in Q2 2025.
- YTD 2026 Net Loss: $(68.9) million, compared to $(66.5) million in YTD 2025.
- YTD 2026 License Revenue: $20.0 million, up from $0 in YTD 2025.
- Q2 2026 Research and Development Expenses: $34.9 million, up from $28.1 million.
- Q2 2026 General and Administrative Expenses: $13.1 million, up from $8.4 million.
- Raised $144.6 million from an underwritten registered equity offering.
- Secured initial $40.0 million from a new $200.0 million Hercules Term Loan Facility.
- Cash, cash equivalents, and marketable securities totaled $494.9 million as of June 30, 2026.
Price Impact
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