LONA net incomeQ2 2026-$19.01M
LONA net income was -$19.01M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$6.97M a year earlier. For the full fiscal 2025 it was -$105.61M, compared with -$96.94M in fiscal 2024.
LeonaBio Inc. (LONA) financials
For the twelve months ended Jun 30, 2026, LeonaBio Inc. reported -$141.46M of net income.
- Net income, TTM
- -$141.46M
- EPS, diluted, TTM
- -$23.11
- Cash
- $32.32M
- Market cap
- $37.9M
FY2019FY2025
FY2020FY2024
LONA revenue and earnings growth
LONA EPSQ2 2026-$0.80
LONA diluted EPS was -$0.80 in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was -$24.70, compared with -$25.19 in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Research and development | $17.50M | $70.68M | $93.79M | $61.46M | $42.79M | $13.29M | $3.79M |
| Selling, general and admin | $16.68M | $26.09M | $33.30M | $32.55M | $21.23M | $6.71M | $1.66M |
| Operating income | -$102.27M | -$100.90M | -$125.47M | -$104.02M | -$64.02M | -$20.00M | -$5.45M |
| Interest expense | - | - | - | - | $3.0K | $367.0K | $346.0K |
| Pre-tax income | - | - | - | - | - | -$19.95M | -$5.16M |
| Income tax | $0 | - | - | - | - | - | - |
| Net income | -$105.61M | -$96.94M | -$117.67M | -$95.64M | -$54.85M | -$19.95M | -$5.16M |
| EPS, basic | -$24.70 | -$25.19 | -$30.90 | -$25.30 | -$14.90 | -$16.70 | -$14.50 |
| EPS, diluted | -$24.70 | -$25.19 | -$30.90 | -$25.30 | -$14.90 | -$16.70 | -$14.50 |
| Diluted shares | 4.3M | 3.8M | 3.8M | 3.8M | 3.7M | 1.2M | 356,684.9 |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $69.28M | $48.44M | $90.58M | $95.97M | $110.54M | $60.63M | $2.06M |
| Short-term investments | $19.05M | $2.84M | $56.84M | $104.38M | $143.22M | $124.06M | - |
| Current assets | $89.46M | $54.84M | $154.73M | $207.53M | $260.80M | $192.34M | $2.16M |
| Total assets | $92.15M | $58.78M | $160.25M | $258.15M | $332.01M | $279.56M | $2.19M |
| Current liabilities | $47.50M | $13.13M | $28.84M | $21.43M | $9.29M | $4.41M | $1.27M |
| Total liabilities | $64.36M | $13.94M | $30.06M | $23.02M | $10.92M | $5.28M | $4.86M |
| Shareholders' equity | $27.79M | $44.84M | $130.19M | $235.14M | $321.08M | $274.28M | -$19.72M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$45.73M | -$97.17M | -$100.75M | -$72.47M | -$43.10M | -$24.11M | -$3.71M |
| Capital expenditures | - | $33.0K | $304.0K | $1.14M | $1.57M | $2.32M | - |
| Free cash flow | - | -$97.20M | -$101.06M | -$73.61M | -$44.67M | -$26.43M | - |
| Investing cash flow | -$15.89M | $54.83M | $95.09M | $57.66M | -$4.08M | -$210.07M | $1.51M |
| Financing cash flow | $82.46M | $194.0K | $493.0K | $654.0K | $97.09M | $292.75M | $946.0K |
| Stock-based compensation | $6.10M | $11.05M | $10.62M | $10.61M | $4.62M | $633.0K | $253.0K |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Return on equity | -380.0% | -216.2% | -90.4% | -40.7% | -17.1% | -7.3% | - |
| Return on assets | -114.6% | -164.9% | -73.4% | -37.0% | -16.5% | -7.1% | -235.8% |
| Current ratio | 1.88 | 4.18 | 5.37 | 9.68 | 28.07 | 43.66 | 1.70 |
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 | $12.70M | $11.26M | $6.71M | $2.83M | $3.66M | $4.30M | $9.37M | $17.92M | $22.15M | $21.24M | $23.68M | $27.20M |
| Selling, general and admin | $6.58M | $6.88M | $3.77M | $4.05M | $3.63M | $5.23M | $6.20M | $7.57M | $5.87M | $6.45M | $6.96M | $7.84M |
| Operating income | -$19.45M | -$17.21M | -$78.56M | -$6.87M | -$7.29M | -$9.54M | -$15.57M | -$29.62M | -$28.03M | -$27.69M | -$29.01M | -$35.04M |
| Net income | -$19.01M | -$32.95M | -$82.89M | -$6.61M | -$6.97M | -$9.14M | -$15.00M | -$28.74M | -$26.86M | -$26.34M | -$27.29M | -$32.97M |
| EPS, basic | -$0.80 | -$1.73 | -$18.90 | -$1.68 | -$1.78 | -$2.34 | -$3.83 | -$7.46 | -$7.00 | -$6.90 | -$7.10 | -$8.70 |
| EPS, diluted | -$0.80 | -$1.73 | -$18.90 | -$1.68 | -$1.78 | -$2.34 | -$3.83 | -$7.46 | -$7.00 | -$6.90 | -$7.10 | -$8.70 |
| Diluted shares | 23.7M | 19.0M | - | 3.9M | 3.9M | 3.9M | - | 3.9M | 3.8M | 3.8M | - | 3.8M |
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 | $32.32M | $32.83M | $69.28M | $20.87M | $19.89M | $26.42M | $48.44M | $68.86M | $73.83M | $77.82M | $90.58M | $110.33M |
| Short-term investments | $18.74M | $34.85M | $19.05M | $4.35M | $9.94M | $10.25M | $2.84M | - | $17.94M | $44.27M | $56.84M | $62.61M |
| Current assets | $54.81M | $69.20M | $89.46M | $27.02M | $32.22M | $39.85M | $54.84M | $82.00M | $106.70M | $128.64M | $154.73M | $178.50M |
| Total assets | $56.89M | $71.59M | $92.15M | $30.03M | $35.55M | $43.51M | $58.78M | $86.25M | $111.25M | $133.46M | $160.25M | $184.70M |
| Current liabilities | $7.82M | $6.67M | $47.50M | $2.79M | $2.98M | $5.49M | $13.13M | $27.75M | $26.90M | $25.60M | $28.84M | $28.62M |
| Total liabilities | $23.30M | $22.29M | $64.36M | $3.25M | $3.56M | $6.18M | $13.94M | $28.66M | $27.92M | $26.72M | $30.06M | $29.94M |
| Shareholders' equity | $33.59M | $49.30M | $27.79M | $26.79M | $31.99M | $37.33M | $44.84M | $57.58M | $83.33M | $106.74M | $130.19M | $154.76M |
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 | -$16.96M | -$20.90M | -$19.40M | -$4.67M | -$7.00M | -$14.66M | -$26.01M | -$23.02M | -$22.33M | -$25.80M | -$26.29M | -$23.98M |
| Capital expenditures | - | - | - | - | - | - | $0 | $0 | $28.0K | $5.0K | $0 | $30.0K |
| Free cash flow | - | - | - | - | - | - | -$26.01M | -$23.02M | -$22.36M | -$25.81M | -$26.29M | -$24.01M |
| Investing cash flow | $16.33M | -$15.54M | -$14.64M | $5.65M | $441.0K | -$7.35M | -$2.81M | $18.04M | $26.56M | $13.04M | $6.39M | $20.69M |
| Financing cash flow | - | - | $82.44M | $0 | - | - | $34.0K | $12.0K | - | - | $152.0K | $0 |
| Stock-based compensation | $3.18M | $662.0K | $1.46M | $1.41M | $1.60M | $1.64M | $2.23M | $2.94M | $3.21M | $2.68M | $2.23M | $2.49M |
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 | 7.01 | 10.38 | 1.88 | 9.70 | 10.81 | 7.26 | 4.18 | 2.95 | 3.97 | 5.03 | 5.37 | 6.24 |
Source: XBRL data LeonaBio Inc. files with the SEC, latest filing dated Aug 14, 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-10, first reported Nov 6, 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.
LONA peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| LONA | - | - | -$141.46M | - | $37.9M |
| AMGN | $38.90B | +8.2% | $9.39B | 24.1% | $251.65B |
| GILD | $30.99B | +6.5% | -$3.86B | -12.5% | $211.94B |
| MRNA | $2.52B | +13.1% | -$2.79B | -110.5% | $101.49B |
| ARGX | $4.25B | +88.6% | $1.29B | 30.4% | $60.30B |
| RVMD | $0 | - | -$1.13B | - | $41.76B |
| BIIB | $10.30B | +2.3% | $347.50M | 3.4% | $37.44B |
| BNTX | €2.87B | +4.3% | -€1.14B | -39.6% | $21.91B |
| EXEL | $2.50B | +9.1% | $885.14M | 35.5% | $17.22B |
LONA FAQ
5 questionsIs LONA profitable?
No. LeonaBio Inc. reported a net loss of $141.46M for the twelve months ended Jun 30, 2026.How much cash and debt does LONA have?
LeonaBio Inc. reported $32.32M in cash and cash equivalents on its most recent balance sheet in SEC filings.What is LONA earnings per share?
Diluted earnings per share were -$23.11 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.When did LONA last report financial results?
The latest statements here come from LeonaBio Inc.'s 10-Q filed on Aug 14, 2026, covering the period ended Jun 30, 2026.Where does this LONA financial data come from?
Quantisnow builds these statements from the structured XBRL data LeonaBio Inc. files with the SEC. It is provided for information only and is not investment advice.