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CG Oncology CGON Operating Income

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-$39.62M-21.1%

Other financials

Income statement

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Revenue$1.2M
Net income-$79.1M-90.8%
EPS (diluted)-$0.90-66.7%

Balance sheet

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Cash & equivalents$19.6M+34.3%
Total debt$8.8M+787%
Total equity$1.0B+53.5%
Total assets$1.1B+54.8%

Cash flow

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Operating cash flow-$46.4M-66.0%
CapEx$468.0K+3,243%
Free cash flow-$46.9M-67.6%

Valuation

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Market cap$6.6B+242%
Enterprise value$6.59B+244%
P/S1,060×-2,439×

Profitability

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Operating margin-4,056.2%-1,873pp
Net margin-3,602.7%-1,650pp
FCF margin-2,879.6%-1,307pp

Returns & leverage

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Return on equity-26.4%+9.3pp
Debt / equity0.0×
Current ratio22.2×+0.1×

Where this comes from

Reported directly by CG Oncology in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: CG Oncology’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:45 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-336918
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Research and development54,65731,33198,38758,799
General and administrative28,97617,41049,75632,198
Total operating costs and expenses87,55848,741155,03090,997
Loss from operations(86,401)(48,741)(152,790)(90,945)
Other income (expense), net
Interest income, net7,3297,31913,61715,066
Other income (expense), net16(4)(85)1
Total other income, net7,3457,31513,53215,067

Item 1. Financial Statements.

FAQ

What is CG Oncology's operating income?
CG Oncology (CGON) reported operating income of -$86.4M in Q2 2026.
How has CG Oncology's operating income changed year-over-year?
CG Oncology's operating income decreased by 77.3% year-over-year, from -$48.74M to -$86.4M.
What is the long-term trend for CG Oncology's operating income?
Over 2 years (2023 to 2025), CG Oncology's operating income has grown at a 85.5% compound annual growth rate (CAGR), from -$55.45M to -$190.77M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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