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Aktis Oncology Inc

aktisoncology.com

Aktis Oncology Inc (NASDAQ: AKTS) is a clinical-stage oncology company developing targeted alpha therapy radiopharmaceuticals for cancer treatment. The company has no product revenue as of the 10-Q filed May 11, 2026, and funds operations through equity offerings, debt financings, and potential collaboration or licensing arrangements. Its lead candidate is [225Ac]Ac-AKY-1189, a radiopharmaceutical targeting Nectin-4 expressing tumors. Aktis has completed an initial public offering, the proceeds of which are reflected in its Q1 2026 financial statements. The company carries deferred revenue on its balance sheet, suggesting at least one collaboration or licensing agreement, though terms are not detailed in the available excerpts. With no committed sources of capital and no approved products, Aktis is pre-commercial and dependent on external financing to advance its pipeline.

Products & Services

[225Ac]Ac-AKY-1189, a targeted alpha therapy radiopharmaceutical directed at Nectin-4 expressing tumors, is the lead product candidate in development as of the 10-Q filed May 11, 2026.

Revenue Model

Aktis generates no product revenue as of Q1 2026. It has deferred revenue on its balance sheet as of March 31, 2026 and December 31, 2025, indicating collaboration or licensing agreements. The company expects to finance operations through equity offerings, debt financings, collaborations, licenses, or other strategic arrangements.

Customers & Markets

End market is oncology, specifically patients with Nectin-4 expressing tumors. No commercial customers as of Q1 2026. The company is pre-revenue from product sales.

Financial Snapshot

Revenue
TTM
$13.11M
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
-$106.2M
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
1632.65%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
Book Value
2026 Q2
484.8M
Cash
2026 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$99.81M

Stock Price

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Market Cap: $1.4394 Billion

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