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Other financials

Income statement

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Operating income-$14.9M-49.9%
EPS (diluted)-$0.15-15.4%

Balance sheet

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Cash & equivalents$40.1M+702%
Total debt$834.0K-27.7%
Total equity$240.7M+388%
Total assets$253.2M+326%

Cash flow

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Operating cash flow-$10.4M-25.5%
CapEx$91.0K+153%
Free cash flow-$10.5M-26.1%

Valuation

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Market cap$1.17B+247%
Enterprise value$1.13B+250%

Returns & leverage

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Return on equity-30.5%-12.5pp
Debt / equity0.0×
Current ratio19.8×+14.9×

Where this comes from

Reported directly by Corvus Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Corvus Pharmaceuticals’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-057100
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Change in fair value of warrant liability25,129
Loss before equity method investment(13,093)15,732
Loss from equity method investment(599)(539)
Net (loss) income$(13,692)$15,193
Net (loss) income per share, basic$(0.15)$0.21
Net loss per share, diluted$(0.15)$(0.13)
Shares used to compute net (loss) income per share, basic89,996,72872,126,496
Shares used to compute net loss per share, diluted89,996,72875,152,514

Item 1. Financial Statements (unaudited)

FAQ

What is Corvus Pharmaceuticals's net income?
Corvus Pharmaceuticals (CRVS) reported net income of -$13.69M in Q1 2026.
How has Corvus Pharmaceuticals's net income changed year-over-year?
Corvus Pharmaceuticals's net income decreased by 190.1% year-over-year, from $15.19M to -$13.69M.
What is the long-term trend for Corvus Pharmaceuticals's net income?
Over 4 years (2021 to 2025), Corvus Pharmaceuticals's net income has grown at a -22.9% compound annual growth rate (CAGR), from -$43.24M to -$15.28M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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