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NTLA · Intellia Therapeutics, Inc.

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$11.91 +0.08 (+0.68%) At close · Aug 14
Market Cap
$1.67B
Shares
140.13M
All earnings calls

Earnings call · FY2026 Q2

Intellia Therapeutics Second Quarter 2026 Earnings Conference Call

Intellia Therapeutics Second Quarter 2026 Earnings Conference Call

Concluded Aug 6, 2026 Audio replay Verified speakers
Aug 6, 2026 42:13 39 turns
Period
FY2026 Q2
Runtime
42:13
Sources
4 artifacts

Executive readout · one minute

What matters this quarter

Intellia reported positive Phase 3 HAELO results for lonvo-z in HAE — an 87% attack reduction versus placebo with 62% of patients entirely attack-free, published in the New England Journal of Medicine — and anticipates FDA BLA acceptance in 2H 2026 with a U.S. launch in 1H 2027. The company also reinitiated enrollment in its nex-z Phase 3 ATTR trials and reported new genomic insights supporting nex-z's profile.

NEXE in ATTR cardiomyopathy and polyneuropathy 34 Lombosi HALO Phase 3 results in HAE 25 HLA genotyping safety finding 22 ATTR competitive landscape and combination therapy 20 BLA submission and FDA progress 18 Safety profile of Lombosi 11

Management tone

Confident

Net tone +78 · low hedging

Grounding quotes
  • “ALO was an unequivocal success as we achieved statistical significance for the primary and all key secondary endpoints”
  • “These results are unsurpassed by chronic long-term prophylaxis therapies, or LTPs”
  • “Nex-Z has demonstrated its ability to deliver an unsurpassed knockdown of TTR protein for patients in both relative and absolute terms”

Research coverage

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Revenue $7.66M -46.2% YoY
Diluted EPS -$0.80
Net income -$106.63M

Research materials

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Key takeaways

What improved, and what deserves a closer read.

Constructive signals

  • Positive HAELO data were published in the New England Journal of Medicine and presented at EAACI.
  • Company anticipates FDA acceptance of the lonvo-z BLA in 2H 2026 and a potential U.S. launch in 1H 2027.
  • Enrollment was successfully reinitiated in the nex-z Phase 3 trials, with MAGNITUDE-2 in ATTRv-PN expected to complete enrollment in 2H 2026.
  • New genomic insights enhance understanding of nex-z's safety profile and its potential to deliver clinically meaningful outcomes.
  • Ended Q2 with approximately $628 million in cash, cash equivalents and marketable securities, expected to fund operations at least into 2028.

Risks & pressure points

  • Recent eplantercin Phase 3 readout in ATTR-CM was disappointing, raising competitive/dynamic questions in the ATTR space.
  • Nex-z Phase 3 trials had previously been on clinical hold before enrollment resumed in Q2 2026.

Key moments

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