ARTL net incomeQ2 2026-$2.43M
ARTL net income was -$2.43M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$3.22M a year earlier. For the full fiscal 2025 it was -$12.88M, compared with -$9.83M in fiscal 2024.
Artelo Biosciences Inc. (ARTL) financials
For the twelve months ended Jun 30, 2026, Artelo Biosciences Inc. reported -$12.67M of net income.
- Net income, TTM
- -$12.67M
- Cash
- $4.20M
- Market cap
- $1.0M
FY2016FY2025
ARTL revenue and earnings growth
ARTL EPSQ2 2026-$0.89
ARTL diluted EPS was -$0.89 in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was -$12.52.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | Aug 31, 2018 | Aug 31, 2017 | Aug 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | $5.42M | $5.99M | $5.70M | $4.32M | $3.78M | $1.92M | $1.09M | $1.25M | - | - |
| Selling, general and admin | $5.98M | $4.12M | $4.23M | $5.96M | $5.63M | $2.77M | $952.3K | $508.3K | $110.9K | $752 |
| Operating income | -$11.40M | -$10.11M | -$9.93M | -$10.29M | -$9.42M | -$4.69M | -$3.21M | -$2.34M | -$232.8K | -$29.7K |
| Interest expense | $194.0K | $0 | $0 | $5.0K | - | - | - | - | $2.1K | - |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$12.88M | -$9.83M | -$9.29M | -$10.08M | -$9.41M | -$4.66M | -$2.17M | -$2.34M | -$234.9K | -$29.7K |
| EPS, basic | - | - | - | - | - | -$7.56 | -$6.00 | -$11.04 | -$0.18 | $0.00 |
| EPS, diluted | -$12.52 | -$18.30 | -$18.84 | - | - | -$7.56 | -$6.00 | -$11.04 | -$0.18 | $0.00 |
| Diluted shares | 1.0M | 537,000 | 493,333.333 | - | - | 617.9M | 362,077.5 | 212,921.167 | 321,217 | 1.3M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | Aug 31, 2018 | Aug 31, 2017 | Aug 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $600.0K | $2.34M | $2.81M | $6.89M | $12.16M | $2.14M | $4.42M | $337.4K | $572.8K | $3.6K |
| Short-term investments | - | $0 | $7.61M | $9.15M | $11.95M | $0 | - | - | - | - |
| Current assets | $695.0K | $2.56M | $10.98M | $18.32M | $24.61M | $2.34M | $4.44M | $396.4K | $574.3K | $3.6K |
| Total assets | $2.80M | $4.70M | $13.04M | $20.42M | $28.25M | $4.38M | $6.48M | $397.0K | $574.3K | $3.6K |
| Current liabilities | $4.04M | $1.77M | $1.29M | $998.0K | $1.03M | $501.0K | $1.02M | $532.0K | $29.4K | $17.4K |
| Total liabilities | $4.07M | $1.84M | $1.29M | $1.02M | $1.08M | $501.0K | - | - | - | $17.4K |
| Shareholders' equity | -$1.27M | $2.86M | $11.75M | $19.40M | $27.17M | $3.88M | $5.46M | -$135.0K | $544.8K | -$13.8K |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | Aug 31, 2018 | Aug 31, 2017 | Aug 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$8.52M | -$8.35M | -$8.21M | -$8.01M | - | -$4.35M | -$2.79M | -$1.61M | -$216.8K | -$18.5K |
| Investing cash flow | -$62.0K | $7.77M | $3.51M | $2.96M | - | $0 | -$1.50M | -$845 | - | - |
| Financing cash flow | $6.87M | $112.0K | $567.0K | $0 | - | $1.98M | $8.38M | $1.39M | $785.3K | $5.0K |
| Stock-based compensation | $1.14M | $818.0K | $1.02M | $2.46M | - | $381.0K | $425.1K | $290.0K | $3.3K | - |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | Aug 31, 2018 | Aug 31, 2017 | Aug 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on equity | - | -343.9% | -79.0% | -52.0% | -34.6% | -120.1% | -39.8% | - | -43.1% | - |
| Return on assets | -459.8% | -209.2% | -71.2% | -49.4% | -33.3% | -106.4% | -33.5% | -590.3% | -40.9% | -827.0% |
| Current ratio | 0.17 | 1.44 | 8.51 | 18.36 | 23.96 | 4.66 | 4.35 | 0.75 | 19.51 | 0.21 |
Income statement
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | $876.0K | $773.0K | $893.0K | $1.27M | $1.87M | $1.38M | $2.48M | $325.0K | $1.69M | $1.51M | $2.12M | $1.58M |
| Selling, general and admin | $1.63M | $1.92M | $1.89M | $1.81M | $1.28M | $995.0K | $1.34M | $870.0K | $827.0K | $1.08M | $1.12M | $1.03M |
| Operating income | -$2.50M | -$2.69M | -$2.79M | -$3.09M | -$3.15M | -$2.38M | -$3.81M | -$1.20M | -$2.51M | -$2.59M | -$3.24M | -$2.61M |
| Interest expense | $6.0K | $100.0K | $11.0K | $111.0K | $72.0K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$2.43M | -$2.96M | -$4.17M | -$3.12M | -$3.22M | -$2.37M | -$3.78M | -$1.13M | -$2.43M | -$2.48M | -$3.07M | -$2.45M |
| EPS, diluted | -$0.89 | -$4.00 | - | -$3.97 | -$16.86 | -$12.55 | - | -$2.10 | -$27.12 | -$4.68 | - | -$4.98 |
| Diluted shares | 2.7M | 739,000 | - | 787,000 | 191,000 | 189,000 | - | 538,000 | 89,666.667 | 532,833.333 | - | 491,500 |
Balance sheet
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $4.20M | $4.20M | $600.0K | $1.72M | $2.07M | $746.0K | $2.34M | $4.36M | $881.0K | $1.20M | $2.81M | $2.64M |
| Short-term investments | - | - | - | $0 | $0 | $0 | $0 | $500.0K | $4.72M | $6.41M | $7.61M | $10.22M |
| Current assets | $4.37M | $10.42M | $695.0K | $1.83M | $2.23M | $1.38M | $2.56M | $4.99M | $6.17M | $8.19M | $10.98M | $13.43M |
| Total assets | $6.46M | $12.52M | $2.80M | $4.27M | $4.36M | $3.52M | $4.70M | $7.14M | $8.33M | $10.35M | $13.04M | $15.50M |
| Current liabilities | $1.46M | $5.83M | $4.04M | $4.86M | $5.71M | $2.80M | $1.77M | $697.0K | $940.0K | $721.0K | $1.29M | $921.0K |
| Total liabilities | $1.46M | $5.85M | $4.07M | $4.90M | $5.76M | $2.86M | $1.84M | $775.0K | $1.03M | $817.0K | $1.29M | $921.0K |
| Shareholders' equity | $5.00M | $6.67M | -$1.27M | -$633.0K | -$1.41M | $652.0K | $2.86M | $6.36M | $7.30M | $9.54M | $11.75M | $14.58M |
Cash flow
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$5.03M | -$1.19M | -$2.91M | -$3.50M | -$514.0K | -$1.60M | -$2.57M | -$778.0K | -$2.06M | -$2.94M | -$2.60M | -$1.80M |
| Investing cash flow | - | - | $188.0K | -$250.0K | $0 | $0 | $500.0K | $4.25M | $1.75M | $1.27M | $2.74M | -$1.83M |
| Financing cash flow | -$1.06M | $10.86M | $1.61M | $3.44M | $1.82M | $0 | $57.0K | $0 | $0 | $55.0K | $32.0K | $535.0K |
| Stock-based compensation | $570.0K | $401.0K | $368.0K | $432.0K | $150.0K | $192.0K | $201.0K | $209.0K | $195.0K | $213.0K | $219.0K | $222.0K |
Key ratios
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.00 | 1.79 | 0.17 | 0.38 | 0.39 | 0.49 | 1.44 | 7.15 | 6.56 | 11.36 | 8.51 | 14.58 |
Source: XBRL data Artelo Biosciences Inc. files with the SEC, latest filing dated Aug 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-6, first reported Nov 12, 2025.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
ARTL peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| ARTL | - | - | -$12.67M | - | $1.0M |
| LLY | $86.46B | +45.5% | $27.58B | 31.9% | $1.27T |
| JNJ | $99.33B | +7.8% | $16.09B | 16.2% | $664.95B |
| ABBV | $66.01B | +10.7% | $10.34B | 15.7% | $514.92B |
| MRK | $67.38B | +4.9% | $2.45B | 3.6% | $361.71B |
| NVS | $54.53B | +8.4% | $13.98B | 25.6% | $310.17B |
| AZN | $58.74B | +8.6% | $10.22B | 17.4% | $289.10B |
| ABT | $48.23B | +10.0% | $4.70B | 9.7% | $190.39B |
| NVO | DKK 309.06B | +6.4% | DKK 102.43B | 33.1% | $178.51B |
ARTL FAQ
4 questionsIs ARTL profitable?
No. Artelo Biosciences Inc. reported a net loss of $12.67M for the twelve months ended Jun 30, 2026.How much cash and debt does ARTL have?
Artelo Biosciences Inc. reported $4.20M in cash and cash equivalents on its most recent balance sheet in SEC filings.When did ARTL last report financial results?
The latest statements here come from Artelo Biosciences Inc.'s 10-Q filed on Aug 12, 2026, covering the period ended Jun 30, 2026.Where does this ARTL financial data come from?
Quantisnow builds these statements from the structured XBRL data Artelo Biosciences Inc. files with the SEC. It is provided for information only and is not investment advice.