Delcath Systems, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 9, 2026, reporting continued profitability and revenue growth.

Key Highlights

  • Q3 2026 product revenue: $35,102 thousand, up from $20,563 thousand in Q3 2025, according to the filing.
  • Q3 2026 net income: $6,952 thousand, compared to $830 thousand in Q3 2025, as reported.
  • Nine-month net income: $8,550 thousand for the nine months ended September 30, 2026, versus $4,596 thousand for the same period in 2025.
  • Accumulated deficit reduced: From $(528,848) thousand at December 31, 2025 to $(520,298) thousand at September 30, 2026.
  • Total assets: $149,090 thousand at September 30, 2026, up from $123,632 thousand at December 31, 2025.
  • Cash and cash equivalents: $55,538 thousand at September 30, 2026, compared to $43,454 thousand at December 31, 2025.
  • Shares outstanding: 34,788,068 shares of common stock as of October 30, 2026, per the filing.

Delcath Systems' Financial Position and Operating Results for the Third Quarter of 2026

According to the filing, Delcath Systems, Inc. (NASDAQ:DCTH) reported product revenue of $35,102 thousand for the three months ended September 30, 2026, an increase from $20,563 thousand in the comparable prior-year period. For the nine months ended September 30, 2026, product revenue totaled $89,229 thousand, compared with $64,503 thousand for the nine months ended September 30, 2025. Cost of goods sold for the third quarter was $3,918 thousand, yielding a gross profit of $31,184 thousand.

The filing disclosed total operating expenses of $24,068 thousand for Q3 2026, comprising research and development expenses of $11,011 thousand and selling, general and administrative expenses of $13,057 thousand. Operating income for the quarter was $7,116 thousand, compared to an operating loss of $(388) thousand in Q3 2025. Net income for the third quarter was $6,952 thousand, or $0.19 per basic share and $0.17 per diluted share, based on weighted average basic shares of 36,074,348 and weighted average dilutive shares of 41,019,553.

On the balance sheet, the company reported total assets of $149,090 thousand at September 30, 2026, with total stockholders' equity of $133,537 thousand. Total liabilities stood at $15,553 thousand. The filing noted share-based compensation expense of $4,155 thousand in Q3 2026 and disclosed that during Q1 2026 the company repurchased and retired 316,023 shares of common stock for $(3,000) thousand. Short-term investments were $48,777 thousand at the end of the quarter, and accounts receivable were $20,214 thousand, up from $11,744 thousand at December 31, 2025.

What Was Disclosed

Delcath Systems filed its quarterly report covering the period ended September 30, 2026, disclosing product revenue, net income, balance sheet data, share counts, and stockholder equity changes for both the three-month and nine-month periods ending on that date.