Elutia Inc. ($ELUT) reported second-quarter 2026 revenue of $2.4 million, down 61% from a year earlier and below the $3.0 million estimate. Gross profit fell to $1.4 million, while the company posted an operating loss of $8.0 million.
Net loss attributable to common shareholders came in at $7.6 million, or -$0.17 per diluted share, compared with a smaller loss a year ago. Cash used in operating activities was $7.8 million for the quarter.
On the balance sheet, cash and cash equivalents rose to $19.9 million, and total liabilities declined to $27.9 million. The stock fell 6.1% after the close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Elutia Inc. Hedge Fund Activity
We have seen 14 institutional investors add shares of Elutia Inc. stock to their portfolio, and 15 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALYESKA INVESTMENT GROUP, L.P. removed 1,281,172 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,345,230
- AIGH CAPITAL MANAGEMENT LLC removed 899,606 shares (-25.0%) from their portfolio in Q2 2026, for an estimated $881,254
- SILVERARC CAPITAL MANAGEMENT, LLC removed 305,040 shares (-12.2%) from their portfolio in Q2 2026, for an estimated $298,817
- CORIENT PRIVATE WEALTH LLC added 249,032 shares (+inf%) to their portfolio in Q1 2026, for an estimated $261,483
- RENAISSANCE TECHNOLOGIES LLC added 119,100 shares (+144.0%) to their portfolio in Q2 2026, for an estimated $116,670
- GSA CAPITAL PARTNERS LLP added 89,386 shares (+inf%) to their portfolio in Q2 2026, for an estimated $87,562
- XTX TOPCO LTD removed 64,354 shares (-62.8%) from their portfolio in Q1 2026, for an estimated $67,571
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
