10-Q quarterly report · filed May 7, 2026

Zymeworks Inc. (ZYME) Q1 2026 10-Q Quarterly Report

Short answer

Zymeworks Inc. (ZYME) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $2M (down 91.1% year over year) with net income of −$44M.

Q1 2026 key financials · XBRL

Revenue
$2M
−91.1% YoY
Net income
−$44M
−95.1% YoY
Operating margin
-1956.7%
EPS (diluted)
−$0.59
−96.7% YoY

Source: XBRL data from the Zymeworks Inc. (ZYME) Q1 2026 10-Q on SEC EDGAR. USD.

Zymeworks Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New royalty-driven asset aggregation strategy, triggered by strategic shift toward partnering and acquisitions
  • Most material update: 100% Section 232 tariff on certain pharmaceutical products beginning September 29, 2026
  • BIOSECURE Act restrictions on biotechnology providers of concern, potentially limiting Chinese equipment and services
  • Early-stage clinical supplies currently sourced from China, creating near-term tariff and supply-chain exposure
  • U.S. Department of Justice Data Security Program restricting sensitive-data transfers involving China and other designated countries

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

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