Editas Medicine
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Editas Medicine (EDIT) investor relations material

Editas Medicine Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary9 Nov, 2026

Executive summary

  • Q3 2026 collaboration and other R&D revenue was $10.4M, up 37% YoY; net loss narrowed to $23.4M from $25.1M.

  • EDIT-401 advanced toward first-in-human dosing in 2026; cash and marketable securities of $190.2M supported an expected runway into H2 2028.

Financial highlights

  • Q3 revenue was $10.4M versus $7.5M, primarily reflecting a strategic partner milestone; operating loss was $24.3M versus $24.5M.

  • Q3 R&D expense was $21.2M versus $19.8M, and G&A expense was $13.5M versus $12.3M YoY.

  • 9M revenue was $25.1M versus $15.8M; net loss was $66.6M versus $154.4M, with 2025 including $66.9M of restructuring and impairment charges.

  • 9M operating cash use was $73.8M versus $128.9M; financing provided $117.1M, primarily from the May offering.

Outlook and guidance

  • EDIT-401 Strive patient dosing remained on track for 2026; initial safety and tolerability data were expected in Q1 2027, with Part 1 topline safety and efficacy results targeted for H2 2027.

  • Cash, cash equivalents and marketable securities at September 30 were expected to fund operating expenses and capital expenditures into H2 2028; the forecast is subject to assumptions and could vary materially.

  • R&D expenses were expected to increase to support EDIT-401 clinical development and other preclinical programs; profitability was not expected in FY 2026 or the foreseeable future.

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Frequently asked questions

Editas Medicine, a genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. The company seeks to address the fundamental flaws in existing approaches to genetic and infectious diseases by developing TALEN and CRISPR genome editing systems that function more efficiently than existing technologies. It has invented lymphocyte-directed gene therapy that uses CRISPR/Cas9 technology to manufacture a novel endonuclease. Editas Medicine, Inc. was incorporated in 2013 and is based in Cambridge, Massachusetts.