Champions Oncology Q1 fiscal 2027 revenue hits $15.2M as gross margin reaches 50%

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Champions Oncology reported first-quarter fiscal 2027 revenue of $15.2 million with gross margin of 50%, which CEO Robert Brainin called a strong data point that the company's fiscal 2026 investments are paying off. The translational oncology services business generated $14.3 million of that revenue, while data licensing contributed $893,000, which management said was more data revenue than in all of fiscal 2026 and cautioned would remain lumpy. Adjusted EBITDA rose to $671,000 from $59,000 a year earlier, and the company posted a GAAP net loss of approximately $426,000. Oncology services margin improved to 51% from 43%, helped by a roughly $500,000 decline in cost of oncology revenue to $7.5 million from $8 million, driven mainly by lower third-party radiolabeling costs as capabilities moved in-house. Champions Oncology ended the quarter with approximately $4.4 million in cash and no debt, using about $500,000 of cash on working capital movements, and management gave no formal revenue or EPS guidance, saying it has three more quarters to prove out fiscal 2027 while declining to put a date on any outcome for its Corellia therapeutic subsidiary.

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Biotech & Genomic Medicine · 1 stocks
Champions Oncology Inc
CSBR
▲ PositiveCapitalrelevance

Q1 FY2027 revenue of $15.2M with gross margin at 50%, adjusted EBITDA up to $671K from $59K, and oncology services margin improving to 51% from 43%.

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