PTN revenueQ4 2026$300.8K
- QoQ
- -92.3%
PTN revenue was $300.8K in fiscal Q4 2026 (ended Jun 30, 2026), compared with $0 a year earlier and down 92.3% from the prior quarter. For the full fiscal 2026 it was $13.19M, compared with $0 in fiscal 2025.
Palatin Technologies Inc. (PTN) financials
For fiscal 2026 (ended Jun 30, 2026), Palatin Technologies Inc. reported $13.19M of revenue and -$8.38M of net income.
- Revenue, FY2026
- $13.19M
- Net income, FY2026
- -$8.38M
- Net margin
- -63.5%
- Free cash flow, FY2026
- -$13.58M
- EPS, diluted, FY2026
- -$2.96
- Cash
- $7.49M
- P/S
- 0.85
- Market cap
- $11.2M
FY2017FY2026
FY2017FY2026
FY2017FY2026
PTN revenue and earnings growth
PTN net incomeQ4 2026-$4.36M
PTN net income was -$4.36M in fiscal Q4 2026 (ended Jun 30, 2026), compared with -$2.23M a year earlier. For the full fiscal 2026 it was -$8.38M, compared with -$17.31M in fiscal 2025.
PTN EPSFY2026-$2.96
PTN diluted EPS was -$2.96 for fiscal 2026 (ended Jun 30, 2026).
PTN free cash flowQ4 2026-$2.69M
PTN free cash flow was -$2.69M in fiscal Q4 2026 (ended Jun 30, 2026), compared with -$4.09M a year earlier. For the full fiscal 2026 it was -$13.58M, compared with -$21.31M in fiscal 2025.
Income statement
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.19M | $0 | $4.49M | $4.85M | $1.47M | -$188.6K | $118.0K | $60.30M | $67.13M | $67.13M |
| Cost of revenue | - | - | $97.6K | $418.5K | $217.5K | $147.8K | $0 | - | - | - |
| Gross profit | - | - | $4.39M | $4.44M | $1.25M | -$336.4K | $118.0K | - | - | - |
| Research and development | $12.37M | $14.90M | $22.40M | $22.63M | $21.33M | $12.93M | $13.96M | $14.86M | $32.57M | $32.57M |
| Selling, general and admin | $9.48M | $7.81M | $12.27M | $15.29M | $16.51M | $17.34M | $9.77M | $9.70M | $8.64M | $8.64M |
| Operating income | -$8.67M | -$17.46M | -$22.50M | -$32.46M | -$36.59M | -$33.38M | -$23.61M | $35.74M | $25.93M | $25.93M |
| Interest expense | $6.7K | $15.0K | $17.1K | $20.0K | $29.7K | $23.4K | $20.1K | $417.6K | $1.45M | $1.45M |
| Pre-tax income | - | - | - | -$32.22M | -$36.20M | - | - | - | - | - |
| Income tax | -$8.38M | -$17.31M | -$29.74M | -$4.67M | $0 | - | $0 | $0 | $82.5K | $82.5K |
| Net income | -$8.38M | -$17.31M | -$29.74M | -$24.04M | -$36.20M | -$33.60M | -$22.43M | $35.77M | $24.70M | $24.70M |
| EPS, basic | -$2.96 | -$32.15 | -$101.00 | -$110.50 | - | -$7.00 | -$5.00 | $8.50 | $6.00 | $6.00 |
| EPS, diluted | -$2.96 | -$32.15 | -$5058.00 | - | - | -$7.00 | -$5.00 | $8.00 | $6.00 | $6.00 |
| Diluted shares | 2.8M | 538,348 | 5,879.02 | - | - | 4.7M | 4.7M | 4.3M | 4.1M | 4.1M |
Balance sheet
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $7.49M | $2.56M | $9.53M | $7.99M | $29.94M | $60.10M | $82.85M | $43.51M | $38.00M | $40.20M |
| Short-term investments | - | - | $0 | $2.99M | $0 | - | - | - | - | - |
| Receivables | $300.8K | $0 | $0 | $2.92M | $1.78M | $1.58M | $0 | $60.27M | $0 | $15.12M |
| Inventory | - | - | $0 | $526.0K | $944.5K | $1.16M | $0 | - | - | - |
| Current assets | $8.16M | $2.92M | $9.77M | $16.32M | $34.60M | $65.91M | $83.59M | $104.41M | $38.51M | $56.58M |
| Total assets | $8.52M | $3.27M | $10.74M | $17.94M | $36.07M | $67.30M | $85.05M | $104.74M | $39.02M | $56.83M |
| Current liabilities | $1.77M | $8.01M | $9.66M | $15.13M | $16.26M | $10.51M | $3.93M | $4.19M | $10.76M | $54.96M |
| Long-term debt | - | - | - | - | - | - | - | $332.9K | $332.9K | $6.28M |
| Total debt | - | - | - | - | - | - | - | $332.9K | $332.9K | $6.28M |
| Total liabilities | $1.84M | $8.04M | $10.85M | $19.66M | $19.80M | $17.65M | $4.88M | $4.19M | $12.05M | $62.00M |
| Shareholders' equity | $6.69M | -$4.78M | -$111.5K | -$1.98M | $16.27M | $49.65M | $80.17M | $100.55M | $26.96M | -$5.16M |
Cash flow
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$13.53M | -$21.31M | -$31.46M | -$29.27M | -$29.92M | -$93.6K | $41.33M | -$21.78M | $1.70M | $12.88M |
| Capital expenditures | $51.3K | $0 | $42.5K | $433.9K | $261.4K | $5.7K | $62.9K | $36.1K | $22.5K | $133.4K |
| Free cash flow | -$13.58M | -$21.31M | -$31.50M | -$29.71M | -$30.18M | -$99.4K | $41.26M | -$21.82M | $1.68M | $12.75M |
| Investing cash flow | -$51.3K | $3.13M | $12.45M | -$3.43M | -$261.4K | -$5.7K | -$62.9K | -$36.1K | $227.5K | $991.6K |
| Financing cash flow | $18.51M | $11.21M | $20.55M | $10.75M | $18.4K | -$22.65M | -$1.92M | $27.33M | -$4.13M | $18.32M |
| Stock-based compensation | $1.33M | $1.38M | $1.87M | $1.67M | $2.51M | $3.17M | $3.14M | $3.48M | $3.52M | $1.76M |
| Depreciation and amortization | $62.7K | $258.9K | $339.1K | $288.3K | $126.7K | $51.1K | $64.2K | $58.6K | $56.6K | $33.1K |
Key ratios
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | - | -100.0% | -7.5% | 230.5% | - | -259.8% | -99.8% | -10.2% | 0.0% | - |
| Net income growth, YoY | - | - | - | - | - | - | - | 44.8% | 0.0% | - |
| EPS growth, YoY | - | - | - | - | - | - | - | 33.3% | 0.0% | - |
| Gross margin | - | - | 97.8% | 91.4% | 85.2% | - | 100.0% | - | - | - |
| Operating margin | -65.7% | - | -501.0% | -668.7% | -2491.6% | - | -20007.6% | 59.3% | 38.6% | 38.6% |
| Net margin | -63.5% | - | -662.3% | -495.2% | -2465.1% | - | -19006.9% | 59.3% | 36.8% | 36.8% |
| Free cash flow margin | -103.0% | - | -701.6% | -612.0% | -2055.5% | - | 34972.4% | -36.2% | 2.5% | 19.0% |
| Return on equity | -125.3% | - | - | - | -222.5% | -67.7% | -28.0% | 35.6% | 91.6% | - |
| Return on assets | -98.3% | -529.8% | -276.8% | -134.0% | -100.4% | -49.9% | -26.4% | 34.2% | 63.3% | 43.5% |
| Current ratio | 4.61 | 0.36 | 1.01 | 1.08 | 2.13 | 6.27 | 21.28 | 24.94 | 3.58 | 1.03 |
| Debt to equity | - | - | - | - | - | - | - | 0.00 | 0.01 | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $300.8K | $3.92M | $116.0K | $8.83M | $0 | $0 | $0 | $0 | $350.0K | $0 | $2.03M | $2.11M |
| Cost of revenue | - | - | - | - | - | - | - | - | $0 | $0 | $97.6K | $0 |
| Gross profit | - | - | - | - | - | - | - | - | $350.0K | $0 | $1.94M | $2.11M |
| Research and development | $2.01M | $3.52M | $4.32M | $2.53M | $1.97M | $3.76M | $3.43M | $5.74M | $4.67M | $7.16M | $5.55M | $5.01M |
| Selling, general and admin | $2.71M | $1.98M | $3.12M | $1.66M | $2.63M | $1.47M | $1.68M | $2.02M | $4.00M | $2.03M | $3.03M | $3.20M |
| Operating income | -$4.42M | -$1.58M | -$7.33M | $4.66M | -$2.27M | -$4.81M | -$2.61M | -$7.76M | -$8.34M | -$9.22M | $1.17M | -$6.11M |
| Interest expense | $3.0K | $1.3K | $498 | $2.0K | $3.5K | $1.8K | $3.8K | $5.9K | $3.4K | $1.3K | $1.6K | $10.9K |
| Pre-tax income | - | - | - | - | - | - | - | - | - | - | -$7.84M | -$5.21M |
| Income tax | - | - | - | - | - | - | - | - | -$29.74M | $0 | $0 | $0 |
| Net income | -$4.36M | -$1.43M | -$7.26M | $4.68M | -$2.23M | -$4.81M | -$2.44M | -$7.82M | -$8.25M | -$8.44M | -$7.84M | -$5.21M |
| EPS, basic | - | -$0.37 | -$143.00 | $240.50 | - | -$9.13 | -$296.00 | -$985.50 | - | - | -$28.00 | -$21.50 |
| EPS, diluted | - | -$0.37 | -$143.00 | $213.00 | - | -$9.13 | -$296.00 | -$985.50 | - | -$26.50 | - | - |
| Diluted shares | - | 3.9M | 50,792.64 | 21,969.8 | - | 526,891 | 8,253.94 | 7,938.18 | - | 315,848.42 | - | - |
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 | $7.49M | $10.16M | $14.48M | $1.27M | $2.56M | $2.52M | $3.42M | $2.38M | $9.53M | $10.01M | $9.49M | $5.52M |
| Short-term investments | - | - | - | - | - | - | - | - | $0 | $0 | $0 | $0 |
| Receivables | $300.8K | - | $1.64M | $6.89M | $0 | - | - | - | $0 | $0 | $2.35M | $1.35M |
| Inventory | - | - | - | - | - | - | - | - | $0 | $0 | $0 | $1.60M |
| Current assets | $8.16M | $12.79M | $17.47M | $8.37M | $2.92M | $3.23M | $3.67M | $2.61M | $9.77M | $10.27M | $12.25M | $9.81M |
| Total assets | $8.52M | $13.23M | $17.93M | $8.61M | $3.27M | $3.73M | $4.31M | $3.42M | $10.74M | $11.41M | $13.55M | $11.25M |
| Current liabilities | $1.77M | $2.54M | $6.33M | $8.22M | $8.01M | $10.05M | $9.56M | $9.86M | $9.66M | $8.53M | $11.20M | $13.61M |
| Total liabilities | $1.84M | $2.63M | $6.46M | $8.22M | $8.04M | $10.12M | $10.69M | $11.10M | $10.85M | $9.83M | $24.52M | $16.14M |
| Shareholders' equity | $6.69M | $10.59M | $11.47M | $396.4K | -$4.78M | -$6.39M | -$6.38M | -$7.69M | -$111.5K | $1.58M | -$11.38M | -$6.32M |
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 | -$2.69M | -$4.42M | -$4.81M | -$1.62M | -$4.09M | -$5.35M | -$4.85M | -$7.02M | -$6.47M | -$8.61M | -$10.48M | -$5.91M |
| Capital expenditures | $0 | $38.5K | - | - | $0 | $0 | - | - | $4.9K | $0 | $37.6K | $0 |
| Free cash flow | -$2.69M | -$4.46M | - | - | -$4.09M | -$5.35M | - | - | -$6.48M | -$8.61M | -$10.51M | -$5.91M |
| Investing cash flow | $0 | -$38.5K | - | - | $630.0K | $0 | $2.50M | $0 | -$4.9K | $0 | $9.46M | $2.99M |
| Financing cash flow | $22.5K | $138.9K | $18.02M | $328.2K | $3.50M | $4.46M | $3.38M | -$127.0K | $5.99M | $9.14M | $4.97M | $448.9K |
| Stock-based compensation | $430.7K | $420.0K | $310.7K | $167.7K | $336.6K | $347.7K | $349.0K | $349.0K | $542.2K | $390.2K | $550.0K | $390.3K |
| Depreciation and amortization | $17.0K | $17.0K | $14.4K | $14.4K | $53.0K | $53.3K | $71.8K | $80.8K | $82.0K | $85.1K | $84.7K | $87.4K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | - | - | - | - | -100.0% | - | -100.0% | -100.0% | -80.1% | -100.0% | 98.2% | 142.2% |
| Gross margin | - | - | - | - | - | - | - | - | 100.0% | - | 95.2% | 100.0% |
| Operating margin | -1469.5% | -40.3% | -6315.8% | 52.8% | - | - | - | - | -2383.4% | - | 57.7% | -290.1% |
| Net margin | -1449.1% | -36.5% | -6260.0% | 53.0% | - | - | - | - | -2357.3% | - | -385.6% | -247.2% |
| Free cash flow margin | -894.4% | -113.6% | - | - | - | - | - | - | -1850.7% | - | -516.8% | -280.5% |
| Current ratio | 4.61 | 5.04 | 2.76 | 1.02 | 0.36 | 0.32 | 0.38 | 0.26 | 1.01 | 1.20 | 1.09 | 0.72 |
Source: XBRL data Palatin Technologies Inc. files with the SEC, latest filing dated Sep 28, 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-50, first reported May 13, 2026.
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.
PTN peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| PTN | $13.19M | - | -$8.38M | -63.5% | $11.2M |
| 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 |
PTN FAQ
7 questionsWhat is PTN revenue?
Palatin Technologies Inc. (PTN) reported $13.19M of revenue for fiscal 2026 (ended Jun 30, 2026).Is PTN profitable?
No. Palatin Technologies Inc. reported a net loss of $8.38M for fiscal 2026 (ended Jun 30, 2026).How much cash and debt does PTN have?
Palatin Technologies Inc. reported $7.49M in cash and cash equivalents on its most recent balance sheet in SEC filings.What is PTN free cash flow?
Palatin Technologies Inc. generated -$13.58M of free cash flow for fiscal 2026 (ended Jun 30, 2026), which is operating cash flow of -$13.53M less capital expenditures.What is PTN earnings per share?
Diluted earnings per share were -$2.96 for fiscal 2026 (ended Jun 30, 2026), from SEC filings, restated for any stock split those filings show.When did PTN last report financial results?
The latest statements here come from Palatin Technologies Inc.'s 10-K filed on Sep 28, 2026, covering the period ended Jun 30, 2026.Where does this PTN financial data come from?
Quantisnow builds these statements from the structured XBRL data Palatin Technologies Inc. files with the SEC. It is provided for information only and is not investment advice.