Champions Oncology, Inc. (CSBR) Q1 2026 Earnings Call Transcript
Revenue $14 million in Q1 fiscal 2026, flat year-over-year but a rebound from $12.4 million in Q4 fiscal 2025. The rebound was attributed to growth in the TOS business and contributions from the emerging data platform.
Research Services Revenue $13.7 million in Q1 fiscal 2026, contributing the majority of the total revenue.
Data Business Revenue Balance of the $14 million total revenue in Q1 fiscal 2026, showing growth as it generated sales for three consecutive quarters.
Loss from Operations (GAAP) $0.5 million in Q1 fiscal 2026 compared to income from operations of $1.3 million in Q1 fiscal 2025. The loss included $600,000 in noncash expenses such as stock-based compensation and depreciation.
Adjusted EBITDA $60,000 in Q1 fiscal 2026, down from $2 million in Q1 fiscal 2025. The decline was due to increased costs and investments in R&D and sales and marketing.
Gross Margin 43% in Q1 fiscal 2026, down from 50% in Q1 fiscal 2025. The decline was primarily due to increased outsourced lab service costs for radio labeling work, which is expected to improve as the work is brought in-house.
Operating Expenses $6 million in Q1 fiscal 2026, up $1 million year-over-year. The increase was driven by $0.6 million in R&D, $0.2 million in sales and marketing, and $0.2 million in G&A expenses.
Cash Position $10.3 million at the end of Q1 fiscal 2026, up $0.5 million from year-end. The company remains debt-free and had positive operating cash flow of $0.6 million.
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Champions Oncology (CSBR) Earnings Transcript
Champions Oncology Reports Record Services Revenue in Q3 2026
- Record Core Services Revenue: Champions Oncology reported a record core services revenue of $16.6 million in Q3 2026, representing a 32% increase year-over-year despite an overall revenue decline of 3%, indicating strong performance in its core business and setting the stage for sustained future growth.
- Positive Adjusted EBITDA for Third Quarter: The company achieved positive adjusted EBITDA for the third consecutive quarter, with management emphasizing their commitment to full-year revenue growth while continuing to invest in both the data platform and drug discovery subsidiary, reflecting confidence in future profitability.
- Early Momentum in Data Business: Management noted early progress in the data business with new deals closed during the quarter, anticipating recognition of six-figure data revenue in Q4, which highlights the potential and rising market demand for this new business segment.
- Strategic Investment and Cost Control: Although total sales costs rose to $8.8 million, resulting in a gross margin decline to 47%, management plans to reduce costs by bringing outsourced work in-house, ensuring long-term financial health and the effectiveness of strategic investments.
Champions Oncology Reports Q3 Earnings Results
- Earnings Highlights: Champions Oncology reported a Q3 non-GAAP EPS of $0.04, with revenue at $16.6 million, reflecting a 2.4% year-over-year decline, indicating pressure in market competition.
- Operational Loss: The company recorded a GAAP loss from operations of approximately $276,000, while adjusted EBITDA stood at $574,000, suggesting room for improvement in cost management.
- Margin Improvement: Champions Oncology's margin improved to 52%, indicating progress in expanding its radiolabeling and data platform, which may lay the groundwork for future profitability.
- Market Outlook: Despite the revenue decline, signals of technological platform expansion may attract investor interest, particularly against the backdrop of ongoing innovation in the biotechnology sector.
BLACKSTONE REVEALS DEAL TO PURCHASE CHAMPIONS GROUP
- Announcement of Agreement: Blackstone has announced an agreement to acquire Champions Group.
- Strategic Move: This acquisition is part of Blackstone's strategy to expand its portfolio in the sports and entertainment sector.
Champions Oncology (CSBR) Earnings Transcript
Key Stocks Reporting Earnings This Week: Micron, FuelCell, Carnival, and Others
Earnings Reports Schedule: This week features earnings reports from various companies, including homebuilders, apparel brands, and tech firms, with notable reports from Micron Technology and Nike.
Key Earnings Dates: Major companies reporting include Navan, Ark Restaurants, and Champions Oncology on Monday; Organigram and Duluth Holdings on Tuesday; and a heavy slate on Wednesday with Jabil, General Mills, and Micron.
Investor Focus: Investors are particularly interested in Micron's performance, with expectations of strong earnings driven by high bandwidth memory sales for AI chips.
End of Week Reports: The week will conclude with Carnival Corp and other companies like Paychex and Conagra Brands reporting before Friday's market open.
Champions Oncology (CSBR) Earnings Transcript
Champions Oncology Reports Record Services Revenue in Q3 2026
- Record Core Services Revenue: Champions Oncology reported a record core services revenue of $16.6 million in Q3 2026, representing a 32% increase year-over-year despite an overall revenue decline of 3%, indicating strong performance in its core business and setting the stage for sustained future growth.
- Positive Adjusted EBITDA for Third Quarter: The company achieved positive adjusted EBITDA for the third consecutive quarter, with management emphasizing their commitment to full-year revenue growth while continuing to invest in both the data platform and drug discovery subsidiary, reflecting confidence in future profitability.
- Early Momentum in Data Business: Management noted early progress in the data business with new deals closed during the quarter, anticipating recognition of six-figure data revenue in Q4, which highlights the potential and rising market demand for this new business segment.
- Strategic Investment and Cost Control: Although total sales costs rose to $8.8 million, resulting in a gross margin decline to 47%, management plans to reduce costs by bringing outsourced work in-house, ensuring long-term financial health and the effectiveness of strategic investments.
Champions Oncology Reports Q3 Earnings Results
- Earnings Highlights: Champions Oncology reported a Q3 non-GAAP EPS of $0.04, with revenue at $16.6 million, reflecting a 2.4% year-over-year decline, indicating pressure in market competition.
- Operational Loss: The company recorded a GAAP loss from operations of approximately $276,000, while adjusted EBITDA stood at $574,000, suggesting room for improvement in cost management.
- Margin Improvement: Champions Oncology's margin improved to 52%, indicating progress in expanding its radiolabeling and data platform, which may lay the groundwork for future profitability.
- Market Outlook: Despite the revenue decline, signals of technological platform expansion may attract investor interest, particularly against the backdrop of ongoing innovation in the biotechnology sector.
BLACKSTONE REVEALS DEAL TO PURCHASE CHAMPIONS GROUP
- Announcement of Agreement: Blackstone has announced an agreement to acquire Champions Group.
- Strategic Move: This acquisition is part of Blackstone's strategy to expand its portfolio in the sports and entertainment sector.
Champions Oncology (CSBR) Earnings Transcript
Key Stocks Reporting Earnings This Week: Micron, FuelCell, Carnival, and Others
Earnings Reports Schedule: This week features earnings reports from various companies, including homebuilders, apparel brands, and tech firms, with notable reports from Micron Technology and Nike.
Key Earnings Dates: Major companies reporting include Navan, Ark Restaurants, and Champions Oncology on Monday; Organigram and Duluth Holdings on Tuesday; and a heavy slate on Wednesday with Jabil, General Mills, and Micron.
Investor Focus: Investors are particularly interested in Micron's performance, with expectations of strong earnings driven by high bandwidth memory sales for AI chips.
End of Week Reports: The week will conclude with Carnival Corp and other companies like Paychex and Conagra Brands reporting before Friday's market open.
