10-Q quarterly report · filed May 13, 2026

Oruka Therapeutics, Inc. (ORKA) Q1 2026 10-Q Quarterly Report

Short answer

Oruka Therapeutics, Inc. (ORKA) filed its Q1 2026 10-Q quarterly report on May 13, 2026 for the quarter ended Mar 31, 2026.

Q1 2026 key financials · XBRL

Net income
−$32M
−51.5% YoY

Source: XBRL data from the Oruka Therapeutics, Inc. (ORKA) Q1 2026 10-Q on SEC EDGAR. USD.

Oruka Therapeutics, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • Newly added Phase 2 ORKA-002 psoriasis trial risk, triggered by dosing commencement in February 2026
  • ORKA-001 and ORKA-002 concentration risk, with Phase 2b ORKA-001 dosing begun in fourth quarter 2025
  • Regulatory device risk, single-source delivery-device suppliers could delay approval or patient availability
  • Enrollment competition risk, increasing approved products and rival trials could delay I&I study timelines
  • Equity dilution risk, April 2026 offering raised $700.4 million through 9,660,000 shares

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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