• Reported GAAP EPS of -$0.03 down -200.00% YoY • Reported revenue of $24.99M up 26.33% YoY • Delcath Systems forecasts 2026 total revenue of at least $100M, with HEPZATO KIT volume increasing over 20% from 2025. The company expects gross margins of 84% to 87% and positive adjusted EBITDA.
Bullish
Delcath Systems saw total revenue increase to $25M, driven by 36% HEPZATO volume growth and 29 active centers. The company also secured CHEMOSAT inclusion in a key clinical guideline.
Bearish
Delcath Systems reported a net loss of $1.1M and decreased adjusted EBITDA to $3.4M. The company also experienced increased research and development, and selling, general and administrative expenses.