Neurogene Q2 FY26 net loss widens to USD 34.49 million
NGNE•Q2 net loss widens
Neurogene posted a Q2 net loss of USD 34.49 million, widening from USD 22.02 million a year earlier.
Cash position and program update
Cash, cash equivalents and short-term investments totaled USD 225.4 million at June 30; pro forma liquidity was about USD 360.2 million post-offering.
NGN-401 Phase 1/2 data showed 100% of participants improved on CGI-I; Embolden topline data are expected in 2H 2027.
Costs rise on clinical and pre-commercial spending
- R&D costs rose to USD 25.47 million from USD 19.37 million, driven by higher NGN-401 clinical and CMC spending.
- G&A expense climbed to USD 11.2 million from USD 6.72 million on higher stock-based compensation and pre-commercial activity.




