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Did Vanda Pharmaceuticals Beat Earnings?
Vanda Pharmaceuticals (VNDA) reported Q2 '26 revenue of $51M, down 3.9% year-over-year.
AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Vanda Pharmaceuticals’s job postings, web traffic, and employee business outlook. See the full VNDA stock analysis or the earnings calendar for upcoming reports.
Vanda Pharmaceuticals Quarterly Financial Trends
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48M | 53M | 50M | 53M | 56M | 57M | 52M | 51M |
| Gross margin | 94.6% | 95.1% | 93.0% | 91.5% | 94.7% | 93.3% | 90.0% | 93.0% |
| Operating margin | -23.1% | -19.3% | -89.0% | -73.2% | -55.6% | -70.5% | -97.1% | -126.3% |
| Net income | -5.3M | -4.9M | -29M | -27M | -23M | -141M | -49M | -63M |
| Net margin | -11.2% | -9.2% | -58.9% | -51.7% | -40.1% | -246.8% | -93.9% | -123.7% |
| EPS | — | — | — | — | — | — | — | — |
Vanda Pharmaceuticals Earnings Trend Analysis
Over the eight quarters from Q3 '24 to Q2 '26, Vanda Pharmaceuticals’s quarterly revenue moved from $48M to $51M. Net margin compressed from -11.2% to -123.7%, against a 93% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit.
When Is Vanda Pharmaceuticals’s Next Earnings Date?
Vanda Pharmaceuticals reports earnings on a quarterly schedule. Its most recent report covered Q2 '26. For the confirmed upcoming date — and every other company reporting soon — see the VNDA earnings calendar.
Frequently Asked Questions: Vanda Pharmaceuticals Earnings
Vanda Pharmaceuticals's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.
Vanda Pharmaceuticals reported Q2 '26 revenue of $51M, down 3.9% from the same quarter a year earlier.
Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the VNDA AI Score.




