Evotec 9M 2026 operating loss more than doubles to EUR 254.78 million
EVO•
EVO•Evotec’s operating loss more than doubled to EUR 254.78 million in the first nine months of 2026, while revenue fell 13% to EUR 465 million and net loss widened 65% to EUR 195.3 million. Full-year revenue guidance remained EUR 570 million to EUR 610 million.
Evotec’s operating loss more than doubled to EUR 254.78 million in the first nine months of 2026. Net loss widened 65% year over year to EUR 195.3 million, partly due to higher restructuring costs, while revenue fell 13% to EUR 465 million, with lower revenue recognition across all Discovery & Preclinical Development businesses.
Operating cash outflow more than doubled to EUR 155 million, primarily reflecting operating performance and related working-capital changes. The Horizon transformation ran slightly ahead of schedule, supporting plans to realize some targeted annual savings earlier. Full-year 2026 revenue guidance remained unchanged at EUR 570 million to EUR 610 million.