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Aug 3, 2026Financing

Autolus reports Q2 AUCATZYL revenue, raises 2026 guidance, secures $250M facility

The company posted preliminary Q2 net product revenue and lined up a five-year credit facility with Perceptive Advisors as it raised full-year sales guidance.

Autolus Therapeutics plc reported on August 3, 2026 that preliminary Q2 2026 AUCATZYL net product revenue was approximately $45 million with gross margin of approximately 35% year-to-date.1 The company also said it raised full year 2026 guidance for AUCATZYL net product revenue to $140 million to $150 million, from between $120 million to $135 million.1

Alongside the revenue update, Autolus entered into a strategic financing with Perceptive Advisors for the sale of notes of up to $250 million in aggregate principal amount in a five-year, interest-only senior credit facility, subject to certain conditions.1 An initial $75 million principal amount of notes was issued to Perceptive on July 30, 2026, with an additional $25 million available at Autolus's option for up to six months post-closing.1 A further $150 million in aggregate principal amount may become available in separate tranches upon achievement of certain pre-specified revenue milestones.1

On terms, the facility bears interest at one month SOFR, subject to a floor of 3.50%, plus 7.25%, and is interest-only until maturity.1 At closing, Autolus issued Perceptive a warrant for up to 3.5 million ADSs at an exercise price of $1.9314 per ADS, equal to 125% of the 30-day volume-weighted average price before closing.1

The company said the first two tranches, totaling $100 million, together with its most recently reported cash position, are expected to fund operations into the second quarter of 2028.1 Autolus is scheduled to report full second quarter 2026 financial results on August 11, 2026.1 Jefferies International Limited advised Autolus on debt and Cooley served as its legal counsel, while Latham & Watkins advised Perceptive.1

Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.