TherapeuticsMD Q2 EPS Drops 80% as Sales Decline and Milestone Payment Awaits
TherapeuticsMD reported net income from continuing operations of $164 thousand in Q2 2026, down $381 thousand (about 70%) versus Q2 2025. Total sales fell to $869 thousand, an 8.72% drop, and license revenue from continuing operations decreased to $864 thousand. Operating expenses rose slightly, tightening margins, while the company expects a CAD 500 thousand (~$364.8 thousand) milestone payment in Q3 that provides a one-time boost but not an underlying reversal of declining recurring royalties.