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Monday, November 2, 2026

Syndax revenue beat, EPS loss, halts axatilimab IPF program after Phase 2 trial failure

 

Syndax posts Q3 2026 revenue beat and EPS loss of -$0.55, halts axatilimab IPF program after Phase 2 trial failure

  • Q3 2026 revenue was $83.3M, up 82% year over year and above analyst expectations.
  • Q3 2026 EPS was -$0.55, missing analyst estimates despite the strong top-line performance.
  • Management highlighted accelerating Revuforj sales momentum during the quarter.
  • Niktimvo sales also accelerated, supporting the company’s growth trajectory.
  • Syndax raised its Niktimvo contribution-margin guidance to the low-to-mid 30% range.

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