Q1 2026 Dyadic International Inc Earnings Call Transcript

May 13, 2026 / 09:00 PM GMT

Release Date Price: $0.7105 (-1.70%)

Transcript 8-K10-Q

Key Points

Positve

Dyadic International Inc (DYAI) reported a significant revenue increase of 182% year-over-year, reaching approximately $1.1 million for Q1 2026.
The company has successfully launched multiple products, including Albufree DX and recombinant non-animal bovine kinosin, demonstrating the commercial viability of its technology.
Dyadic's strategic partnerships, such as with IBT BioServices and Firmbox Bio, are expanding its market reach and distribution capabilities.
The company is leveraging its proprietary C1 and Dapivus microbial production platforms to produce animal-free proteins and enzymes, targeting large and growing global markets.
Dyadic's biopharmaceutical programs, supported by collaborations with organizations like the Gates Foundation and CEPI, are generating non-dilutive funding and potential future licensing opportunities.

Negative

Despite revenue growth, Dyadic International Inc (DYAI) reported a net loss of approximately $1.95 million for the quarter.
The company is still in the early stages of transitioning from a platform technology company to a commercially-focused biotechnology company, which may pose operational challenges.
There is uncertainty regarding the ramp-up of recombinant bovine transferrin sales, as it depends on regulatory approvals and market adoption.
Dyadic's reliance on strategic partnerships and collaborations means its growth is partially dependent on external partners' success and timelines.
The company faces competition in the non-animal dairy and cultured meat markets, which require significant cost reductions and scalability to compete effectively.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

DYAI.OQ - Dyadic International Inc
Q1 2026 Dyadic International Inc Earnings Call
May 13, 2026 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good evening, and welcome to Dyadic International's Q1 2026 conference call.

Currently, all participants are in a listen-only mode.

Following management's prepared remarks, there will be a brief question-and-answer session.

As a reminder, this conference call is being recorded today, May 13th, 2026.

I would now like to turn the call over to Ms. Ping Rawson, Dyadic's Chief Financial Officer. Please go ahead.

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Unidentified_2 [2]
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Thank you, operator. Good evening, and welcome everyone to Dyadic's first quarter

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