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CGTXCognition Therapeutics, Inc.
$1.08$79M
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CGTX logoCognition Therapeutics, Inc.(CGTX)Earnings, Financials & Key Ratios

CGTX•NASDAQ
$1.08
Price updated Jul 7, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryNeuroscience and Psychiatry Therapies
AboutCognition Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the discovery and development of small molecule therapeutics targeting age-related degenerative diseases and disorders of the central nervous system and retina. Its lead product candidate is CT1812, a sigma-2 receptor antagonist, which is in Phase II clinical trial for the treatment of mild-to-moderate Alzheimer's disease, as well as has completed Phase I clinical trial to treat early-stage Alzheimer's disease; in Phase II clinical trial for the treatment of dementia with Lewy bodies (DLB); and in preclinical trial to treat dry age-related macular degeneration (AMD). The company is also developing CT2168 for the treatment of synucleinopathies, which include DLB and Parkinson's disease; and CT2074 to treat dry AMD. Cognition Therapeutics, Inc. was incorporated in 2007 and is headquartered in Purchase, New York.Show more
  • Revenue$0
  • EBITDA-$48M+11.4%
  • Net Income-$23M+30.9%
  • EPS (Diluted)-0.32+62.4%
  • ROE-88.6%+43.6%

CGTX Price & Volume

Cognition Therapeutics, Inc. (CGTX) stock price & volume — 10-year historical chart

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Clinical Development Costs Outpace Liquidity Buffer

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Clinical trial funding dependency

Key Thesis Takeaways

  • Cognition Therapeutics remains in a high-risk, pre-revenue clinical stage, with its valuation tied entirely to the success of intangible pipeline assets.
  • The company faces significant capital depletion, as evidenced by an accumulated deficit exceeding $200 million and a reliance on non-dilutive grant funding to mask operational burn.
  • Investors should monitor the sustainability of the current $31.1 million cash position against quarterly R&D expenditures that have historically reached as high as $11.6 million.

Verdict Logic

the company's liquidity buffer has declined to $31.1 million as of 2026Q1, which may prove insufficient to sustain the high-intensity R&D burn rate observed in previous quarters.

CGTX Growth Metrics

Cognition Therapeutics, Inc. (CGTX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM54.93%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM64.76%

Return on Capital

10 Years-242.49%
5 Years-153.96%
3 Years-191.11%
Last Year-178.49%

CGTX Recent Earnings

Cognition Therapeutics, Inc. (CGTX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.05+16.7%
$0.06
Rev
—
$4M
Q2 2026
Mar 26, 2026
Metric
Actual
Est
EPS
$0.02+66.7%
$0.06
Rev
—
—
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.06+14.3%
$0.07
Rev
—
—
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.11+8.3%
$0.12
Rev
—
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.05vs $0.06+16.7%
—vs $4M
Q2 2026Mar 26, 2026
$0.02vs $0.06+66.7%
—
Q4 2025Nov 6, 2025
$0.06vs $0.07+14.3%
—
Q3 2025Aug 7, 2025
$0.11vs $0.12+8.3%
—
Based on last 12 quarters of dataView full earnings history →

Latest CGTX News

Recent stock market news and headlines for Cognition Therapeutics, Inc. (CGTX)

Seeking Alpha·Jun 26, 2026
Cognition Therapeutics: Clearer FDA Path, But Potential Dilution Risks Remain

Cognition Therapeutics is currently prioritizing zervimesine for DLB psychosis. This is after the FDA's feedback gave their planned pivotal program a clearer path. Basically, DLB psychosis has no approved therapy, and zervimesine is a promising oral once-daily drug that already has interesting Phase 2 data. CGTX's SHIMMER trial was a good start, but their next trial must confirm longer-lasting hallucination and delusion benefits.

GlobeNewsWire·Jun 24, 2026
Cognition Therapeutics Aligns on Key Aspects of Pivotal Study for Zervimesine (CT1812) in DLB Psychosis Following Receipt of FDA Meeting Minutes

- Zervimesine Would be the First Long-term, Durable Treatment Option with an Impact on Underlying Disease - - Company Developing NPI as a Measure of DLB Psychosis -

GlobeNewsWire·Jun 16, 2026
Cognition Therapeutics Announces New Composition of Matter Patent, Extending Patent Protection for Lead Candidate, Zervimesine (CT1812) Through 2045

PURCHASE, N.Y., June 16, 2026 (GLOBE NEWSWIRE) -- Cognition Therapeutics, Inc., (the “Company” or “Cognition”) (NASDAQ: CGTX), a clinical-stage company developing drugs that treat neurodegenerative disorders, announced that a Notice of Allowance has been received from the United States Patent and Trademark Office (USPTO) for patent application 19/563,468.

Peers Comparison

Key metrics vs top competitors for Cognition Therapeutics, Inc. (CGTX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CGTX logoCGTXCognition Therapeutics, Inc.Current
$1.08$79.47M-3.38——-88.6%—
SAVA logoSAVACassava Sciences, Inc.
$1.32$63.77M-2.54——-95.77%—
PRAX logoPRAXPraxis Precision Medicines, Inc.
$323.95$9.36B-24.03-100%—-43.02%—
ACAD logoACADACADIA Pharmaceuticals Inc.
$26.20$4.49B11.4411.87%34.3%35.65%—
AVXL logoAVXLAnavex Life Sciences Corp.
$2.71$251.14M-5.02——-38.76%—
ATHA logoATHAAthira Pharma, Inc.
$4.34$17.12M-0.17——-381.01%—

Compare CGTX vs Peers

Cognition Therapeutics, Inc. (CGTX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SAVA

Most directly comparable listed peer for CGTX.

Scale Benchmark

vs LLY

Larger-name benchmark to compare CGTX against a more recognizable public peer.

Peer Set

Compare Top 5

vs SAVA, PRAX, ACAD, AVXL

CGTX SEC Filings & Documents

Cognition Therapeutics, Inc. (CGTX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

Mar 26, 2026·SEC

Material company update

Mar 2, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 26, 2026·SEC

FY 2025

Mar 20, 2025·SEC

FY 2024

Mar 26, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 8, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

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CGTX Frequently Asked Questions

Cognition Therapeutics, Inc. (CGTX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is CGTX profitable?

Cognition Therapeutics, Inc. (CGTX) reported a net loss of $15.0M for fiscal year 2025.

Dividend & Returns
What is CGTX's return on equity?

Cognition Therapeutics, Inc. (CGTX) has a return on equity (ROE) of -88.6%. Negative ROE indicates the company is unprofitable.

What is Cognition Therapeutics, Inc.'s free cash flow?

Cognition Therapeutics, Inc. (CGTX) had negative free cash flow of $20.3M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in CGTX back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →