SIGA SIGA Technologies Inc.

BEARISH Impact: 6/10 PRESS-RELEASE
Horizon weeks Filed May 7, 2026 Processed 13d 3h ago Wire GlobeNewswire
Press release: earnings
Latest settled — T+5d
SIGA ▼ -11.25% at T+5d
SHORT call ✓ call won +11.25% · α vs SPY +12.71% · entry $4.80 → $4.26
Next anchor: T+20d in 16d
Currently $4.49 · +6.46% from $4.80 entry (call sign-flipped)
Entry anchored
May 7, 03:59 PM ET
via Databento tick
T+1d
-5.21%
call +5.21% · α +5.44%
$4.55
settled 12d ago
T+5d
-11.25%
call +11.25% · α +12.71%
$4.26
settled 6d ago
T+20d
call — · α —
in 16d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

SIGA reported Q1 2026 total revenues of $6.2M (down 11% YoY) and a net loss of $3.5M vs $0.4M loss a year ago, driven by a 40% decline in product sales. Forward guidance points to $13M oral TPOXX delivery in Q2 and $26M IV TPOXX by end of Q3, but the sharp earnings deterioration weighs on sentiment.

Actionable Insight

Monitor Q2 2026 for actual delivery of $13M oral TPOXX to international customer; any delay or shortfall could further pressure the stock. The special dividend payout reduced cash reserves, leaving limited buffer for operations without new contracts.

Key Facts

  • Q1 2026 total revenues $6.2M vs $7.0M YoY (down 11%)
  • Product sales $3.5M vs $5.8M YoY (down 40%)
  • Net loss widened to $3.5M from $0.4M YoY
  • Diluted loss per share $(0.05) vs $(0.01) YoY
  • Expects $13M oral TPOXX delivery to Asia-Pacific customer in Q2 2026
  • Expects $26M IV TPOXX delivery to US SNS by end of Q3 2026
  • Paid special cash dividend of $0.60 per share on April 23, 2026

Financial Impact

Revenue decline of 11% YoY and net loss increase of $3.1M

revenuenet incomeproduct sales

Risk Factors

  • Concentration on government and limited international contracts
  • Declining product sales trend may continue without new orders
  • Cash burn from operating losses and dividend reduces financial flexibility

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3290508
3 reports for SIGA
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May 8, 2026
12d ago
DEFA14A
NEUTRAL ★ 2/10
$4.55 $4.27▼ −6.15%▼ −6.07%$4.49 (−1.32%)
May 7, 2026
13d ago
Press Release
BEARISH ★ 6/10
$4.80 $4.26▲ +11.25%▲ +12.71%$4.49 (+6.46%)
Mar 26, 2026
7w ago
Press Release
NEUTRAL ★ 4/10
$4.69 $4.60▼ −1.89%▼ −5.75%$4.49 (−4.23%)
Showing 3 of 3

US Market Status

Market Closed — Opens Thu (< 1m)

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