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Other financials

Income statement

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Revenue-
Gross profit-
Operating income-$9.3M-52.6%
Net income-$8.4M-44.6%
EPS (diluted)-$0.05+28.6%

Balance sheet

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Cash & equivalents$107.1M+277%
Total debt$871.0K+0.1%
Total equity$107.4M+287%
Total assets$114.2M+227%

Cash flow

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Operating cash flow-$8.8M+2.5%

Valuation

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Market cap$2.3B+1,350%
Enterprise value$2.19B+1,537%

Profitability

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Gross margin90%-7.4pp
Operating margin-4,195%-4,591pp
Net margin-4,130.1%-4,444pp
FCF margin-300.5%

Returns & leverage

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Return on equity-43.6%-17.9pp
Debt / equity0.0×
Current ratio17.2×+12.6×

Where this comes from

Reported directly by SELLAS Life Sciences Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: SELLAS Life Sciences Group, Inc.’s 10-Q, filed May 12, 2026.

Filed
May 12, 2026, 4:01 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001390478-26-000008
Line itemThree Months Ended March 31, 20262025
Loss from operations(9,252)(6,063)
Non-operating income:
Interest income845250
Total non-operating income845250
Net loss$(8,407)$(5,813)
Per share information:
Net loss per common share, basic and diluted$(0.05)$(0.07)
Weighted-average common shares outstanding, basic and diluted172,481,54187,760,320

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is SELLAS Life Sciences Group, Inc.'s net income?
SELLAS Life Sciences Group, Inc. (SLS) reported net income of -$8.41M in Q1 2026.
How has SELLAS Life Sciences Group, Inc.'s net income changed year-over-year?
SELLAS Life Sciences Group, Inc.'s net income decreased by 44.6% year-over-year, from -$5.81M to -$8.41M.
What is the long-term trend for SELLAS Life Sciences Group, Inc.'s net income?
Over 4 years (2021 to 2025), SELLAS Life Sciences Group, Inc.'s net income has grown at a 6.7% compound annual growth rate (CAGR), from -$20.7M to -$26.86M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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