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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.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.
- EDIT-401 aims for 90% LDL reduction, with first dosing this year and safety data in Q1 next year.EDIT
12th Annual Cantor Fitzgerald Global Healthcare Conference - EDIT-401, an in vivo CRISPR therapy for LDL reduction, enters clinical trials this year.EDIT
Wells Fargo 21st Annual Healthcare Conference - Shelf registration allows up to $400M in offerings, including $150M ATM sales for gene editing R&D.EDIT
Registration filing - EDIT-401 advances with robust preclinical data as net loss narrows and cash rises to $211.6M.EDIT
Q2 2026 - Pivoting to in vivo gene editing, with proof of concept achieved and cash runway to Q2 2027.EDIT
Strategy Update - In vivo gene editing and reni-cel partnership drive strategic focus, with strong financial runway.EDIT
Stifel 2024 Healthcare Conference - CRISPR-based LDLR upregulation shows 90% LDL reduction, with human trials set for 2026.EDIT
Evercore ISI 8th Annual HealthCONx Conference - Q2 net loss widened to $67.6M as R&D spending surged; cash runway extends into 2026.EDIT
Q2 2024 - Reniz-cel shows strong efficacy as the company advances in vivo editing and IP monetization strategies.EDIT
Morgan Stanley 22nd Annual Global Healthcare Conference
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