Recent Press Releases & News
ADCT earnings at a glance
The options market is pricing a move of about ±200.8% after the report, a range of roughly -$1.45 to $4.33 from today's $1.44. Over its last 2 reports the stock rose the next day 1 time and fell 1, moving ±20.5% on average; after the most recent report on May 4, 2026 it moved -3.9%. That means options currently expect more movement than ADCT has typically delivered. ADCT beat the consensus EPS estimate in 2 of its last 4 reported quarters. Implied volatility is currently 15%. The share price of $1.44 sits near its 52-week low.
Overview
Earnings trends
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Tue Jun 30, 2026 | Jun 2026 | $-0.11 | — | — | — | — | financials |
| Mon May 4, 2026 | Mar/2026 | $-0.21 | $-0.19 | -10.5% | +41.7% | -3.9% | earnings |
| Mon Nov 10, 2025 | Sep/2025 | $-0.30 | $-0.40 | +25.0% | — | — | earnings |
| Tue Aug 12, 2025 | Jun/2025 | $-0.50 | $-0.36 | -38.9% | — | — | earnings |
| Wed May 14, 2025 | Mar/2025 | $-0.36 | $-0.38 | +5.3% | — | +37.1% | earnings |
| Mon Sep 30, 2024 | Sep 2024 | $-0.42 | — | — | — | — | financials |
| Sun Jun 30, 2024 | Jun 2024 | $-0.38 | — | — | — | — | financials |
| Sun Mar 31, 2024 | Mar 2024 | $-0.56 | — | — | — | — | financials |
| Sat Sep 30, 2023 | Sep 2023 | $-0.57 | — | — | — | — | financials |
| Fri Jun 30, 2023 | Jun 2023 | $-0.60 | — | — | — | — | financials |
| Fri Mar 31, 2023 | Mar 2023 | $-0.73 | — | — | — | — | financials |
Financials
Income statement (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19M | $21M | — | $16M | $19M | $23M | — | $18M |
| Cost of revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $-25M | $-25M | — | $-31M | $-44M | $-28M | — | $-36M |
| Net income | $-17M | $-33M | — | $-41M | $-57M | $-39M | — | $-44M |
| EPS (diluted) | $-0.11 | $-0.21 | — | $-0.30 | $-0.50 | $-0.36 | — | $-0.42 |
Balance sheet (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $219M | $231M | $261M | $235M | $265M | $195M | $251M | $274M |
| Inventory | $5M | $5M | $4M | $18M | $18M | $17M | $18M | $16M |
| Total current assets | $262M | $277M | $306M | $287M | $319M | $258M | $307M | $333M |
| Total assets | $279M | $291M | $323M | $290M | $322M | $273M | $322M | $349M |
| Long-term debt | — | — | — | — | — | — | — | — |
| Total liabilities | $508M | $508M | $509M | $528M | $521M | $511M | $525M | $521M |
| Total equity | $-228M | $-216M | $-186M | $-238M | $-199M | $-238M | $-203M | $-172M |
Implied volatility — last 90 days
Sector peers
ADCT earnings FAQ
What is ADCT's expected move for earnings?
Options currently price a move of about ±200.8%, or $2.89 per share either way from $1.44.
How does ADCT stock usually react to earnings?
Across the last 2 reports the average next-day move was ±20.5%, up 1 times and down 1 times.
What is ADCT's implied volatility?
ADCT's at-the-money implied volatility is about 15% based on the latest options snapshot.