Madrigal (MDGL) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- −$1.99
- EPS estimate
- −$2.35
- EPS surprise
- +15.47%
- Revenue surprise
- +1.33%
- Revenue
- $364.3M
- Revenue estimate
- $359.5M
- Reported
- Jul 30, 2026
Madrigal reported Q2 2026 results on July 30, 2026. It posted a loss of $1.99 per share, narrower than the $2.35 loss analysts expected, a positive surprise of 15.47%. Revenue was $364.3 million against a $359.5 million consensus, a 1.33% beat. Compared with Q2 2025, revenue rose about 71% from $212.8 million, while the loss was slightly wider than that quarter's $1.90 per share.
Madrigal has reported a loss in every one of the 20 quarters in the table. Annual losses were $17.23 per share in 2022, $19.94 in 2023 and $22.11 in 2024, then narrowed to $12.87 in 2025. The table shows no revenue before Q2 2024, when the company reported $14.6 million. Revenue then rose each quarter to $321.1 million in Q4 2025, dipped in Q1 2026 and set a new high in Q2. The first half of 2026 shows a combined loss of $5.24 per share, close to the $5.22 of a year earlier. It posted a positive EPS surprise in 11 of 20 quarters.
Madrigal reported Q3 between October 31 and November 6 in each of the past five years. That points to early November 2026 for the next report.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 30, 2026 | −$2.35 | −$1.99 | +15.47% | $364.3M | SEC |
| Q1 2026 | May 6, 2026 | −$4.23 | −$3.25 | +23.16% | $311.3M | SEC |
| Q4 2025 | Feb 19, 2026 | −$1.00 | −$2.57 | −158.01% | $321.1M | SEC |
| Q3 2025 | Nov 4, 2025 | −$2.29 | −$5.08 | −122.31% | $287.3M | SEC |
| Q2 2025 | Aug 5, 2025 | −$3.55 | −$1.90 | +46.54% | $212.8M | SEC |
| Q1 2025 | May 1, 2025 | −$3.75 | −$3.32 | +11.43% | $137.3M | SEC |
| Q4 2024 | Feb 26, 2025 | −$3.92 | −$2.71 | +30.86% | $103.3M | SEC |
| Q3 2024 | Oct 31, 2024 | −$6.75 | −$4.92 | +27.09% | $62.2M | SEC |
| Q2 2024 | Aug 7, 2024 | −$7.54 | −$7.10 | +5.79% | $14.6M | SEC |
| Q1 2024 | May 7, 2024 | −$6.29 | −$7.38 | −17.42% | $0.00 | SEC |
| Q4 2023 | Feb 28, 2024 | −$5.24 | −$5.68 | −8.42% | $0.00 | SEC |
| Q3 2023 | Nov 6, 2023 | −$4.90 | −$5.34 | −9.08% | $0.00 | SEC |
| Q2 2023 | Aug 8, 2023 | −$4.59 | −$4.69 | −2.13% | $0.00 | SEC |
| Q1 2023 | May 9, 2023 | −$4.96 | −$4.23 | +14.67% | $0.00 | SEC |
| Q4 2022 | Feb 23, 2023 | −$4.63 | −$4.98 | −7.65% | $0.00 | SEC |
| Q3 2022 | Nov 3, 2022 | −$4.21 | −$4.75 | −12.82% | $0.00 | SEC |
| Q2 2022 | Aug 4, 2022 | −$3.68 | −$4.14 | −12.48% | $0.00 | SEC |
| Q1 2022 | May 9, 2022 | −$3.58 | −$3.36 | +6.03% | $0.00 | — |
| Q4 2021 | Feb 24, 2022 | −$3.88 | −$3.78 | +2.51% | $0.00 | SEC |
| Q3 2021 | Nov 4, 2021 | −$3.87 | −$3.79 | +2.14% | $0.00 | SEC |
Quarterly revenue
Frequently asked questions
When did Madrigal (MDGL) last report earnings?
Madrigal last reported on Jul 30, 2026, covering fiscal Q2 2026.
Did MDGL beat earnings estimates?
Yes. Madrigal reported EPS of −$1.99 for Q2 2026 against a −$2.35 estimate — a 15.47% beat.
How much revenue did MDGL report last quarter?
Madrigal reported $364.3M in revenue for Q2 2026, against a consensus estimate of $359.5M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.