Nyxoah Reports First Quarter 2026 Financial and Operating Results

Nyxoah SA reported strong financial results for the first quarter of 2026, with net revenue increasing to €6.4 million from €1.1 million in Q1 2025, driven primarily by successful U.S. market launch activities. The company experienced a 25% quarterly revenue growth in the U.S. and maintained a 100% approval rate on prior authorization submissions. Despite an operating loss of €20.5 million, a slight improvement from the previous year’s loss of €20.6 million, Nyxoah continues to invest in both commercialization and research and development. The company had a cash position of approximately €25.9 million as of March 31, 2026, and expects to draw €13.8 million from a loan in the upcoming quarter.