Xoma (XOM) Q2 2026 earnings summary

Executive summary

• Maintained disciplined development pace in H1 2026, meeting set priorities and milestones.

• Financial position strengthened, enabling continued investment in innovation without compromising quality.

• Entering H2 2026 with increased market activity and readiness for higher operational intensity.

Financial highlights

• Q2 2026 revenue was 8 kSEK, down from 204 kSEK in Q2 2025; H1 2026 revenue was 1,191 kSEK, up from 347 kSEK year-over-year.

• Q2 2026 EBITDA was -3,426 kSEK (vs. -2,263 kSEK); EBIT was -3,547 kSEK (vs. -2,293 kSEK); net result per share -0.03 SEK (vs. -0.04 SEK).

• H1 2026 EBITDA was -5,015 kSEK (vs. -3,468 kSEK); EBIT was -5,244 kSEK (vs. -3,529 kSEK); net result per share -0.05 SEK (unchanged year-over-year).

• Cash and bank at June 30, 2026: 7,544 kSEK; equity: 11,109 kSEK; equity ratio: 88%.

Outlook and guidance

• Focus remains on disciplined execution and scaling up as market opportunities arise.

• Well-positioned for intensified activity in H2 2026, with resources and organization prepared.