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Other financials

Income statement

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Revenue-
Gross profit-
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:OperatingIncomeLoss.

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
Research and development$5,129$3,205
General and administrative4,1232,858
Total operating expenses9,2526,063
Loss from operations(9,252)(6,063)
Non-operating income:
Interest income845250
Total non-operating income845250
Net loss$(8,407)$(5,813)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is SELLAS Life Sciences Group, Inc.'s operating income?
SELLAS Life Sciences Group, Inc. (SLS) reported operating income of -$9.25M in Q1 2026.
How has SELLAS Life Sciences Group, Inc.'s operating income changed year-over-year?
SELLAS Life Sciences Group, Inc.'s operating income decreased by 52.6% year-over-year, from -$6.06M to -$9.25M.
What is the long-term trend for SELLAS Life Sciences Group, Inc.'s operating income?
Over 4 years (2021 to 2025), SELLAS Life Sciences Group, Inc.'s operating income has grown at a 2.8% compound annual growth rate (CAGR), from -$25.29M to -$28.27M.
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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