Sensei Biotherapeutics reports $170.2M Q1 net loss, $202.8M cash position

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2026.05.15 11:43
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Sensei Biotherapeutics reported a Q1 2026 net loss of $170.2 million, or $131.45 per share, due to one-time charges from the Faeth acquisition. The company has $202.8 million in cash and equivalents. R&D expenses rose to $17.957 million, while G&A expenses reached $19.713 million. The company has advanced its lead program, PIKTOR, into a Phase 1b/2 trial for breast cancer and expects Phase 2 data for endometrial cancer in late 2026.