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Travere Therapeutics, Inc. (TVTX) Stock: Price, Forecast & Analyst Target

Travere Therapeutics, Inc. (TVTX) — MoonshotScore 35/100 (Weak band), calculated Oct 9, 2026. Price $52.04 (-2.62%), as of the Oct 8, 2026 trading session; market cap $4.84B. Expected results Oct 29, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 9.89× (market value Oct 8, 2026; cash Jun 30, 2026) · expected results Oct 29, 2026

$52.04 −$1.40 (-2.62%) Market Cap $4.84B

Travere Therapeutics, Inc. · TVTX · NASDAQ · Healthcare · Biotechnology

Research dated 2026-09-13: Travere Therapeutics develops and markets treatments for rare kidney and metabolic disorders, led by a newly approved therapy for specific glomerular diseases. Execution in the commercial market will dictate whether expanding the approved patient population for its lead asset can drive enough revenue growth to service the heavy debt load accumulated during clinical development.

Price as of Oct 8, 2026

Key Statistics

35 of 100

MoonshotScore v2 · Travere Therapeutics (TVTX)

Weak
Business Quality Solid (74)
Financial Safety Fragile (15)
Valuation Rich (31)
Growth Durability Compounding (87)
Momentum Surging (89)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

High quality, but a fragile balance sheet — yet price is running hot, well ahead of those stalled fundamentals; treat the move with suspicion, not chase. Business Quality: Solid; Financial Safety: Fragile; Valuation: Rich; Growth Durability: Compounding; Momentum: Surging.

Enterprise value relative to EBITDA is the main valuation drag relative to sector peers.

  • quarterly revenue $170M (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 3 of 8
  • Altman Z 2.34 · Piotroski F 5

Holding back: balance-sheet strain, a rich price

Helping: business quality, durable growth, positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for TVTX (32 recorded, newest six shown)
RecordedScoreBand
36Weak
36Weak
36Weak
36Weak
36Weak
36Weak

The score moved from 36 in the stored Oct 7, 2026 snapshot to 35 in the current publication computed Oct 9, 2026 (-1); the largest pillar moves were Momentum -3 and Business Quality -1. This current publication is not yet represented in the immutable snapshot archive.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

As of
MeasureValue
Latest provided price$52.04
Change on the day-2.62%
52-week range$22.59–$68.73
Market capitalisation$4.84B
Price / earnings (trailing)18.92
Shares traded on the day1.6M
Beta (volatility vs the S&P 500)1.14

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 8, 2026: low $22, high $66, latest $52. 4 reported quarters marked, 1 above and 2 below the recorded estimate. $66 $22 high $66 Oct 30, 2025 · Earnings results · reported above the recorded estimate · close $351Feb 19, 2026 · Earnings results · reported in line with the recorded estimate · close $302May 4, 2026 · Earnings results · reported below the recorded estimate · close $443Aug 4, 2026 · Earnings results · reported below the recorded estimate · close $614 Sep 5, 2025 Oct 8, 2026 · $52 $22Sep 5, 2025$25Sep 19, 2025$25Oct 3, 2025$27Oct 17, 2025$35Oct 31, 2025$35Nov 14, 2025$35Nov 28, 2025$35Dec 12, 2025$40Dec 26, 2025$35Jan 9, 2026$29Jan 23, 2026$30Feb 6, 2026$30Feb 20, 2026$27Mar 6, 2026$27Mar 20, 2026$30Apr 2, 2026$41Apr 17, 2026$44May 1, 2026$43May 15, 2026$47May 29, 2026$52Jun 12, 2026$59Jun 26, 2026$57Jul 10, 2026$57Jul 24, 2026$61Aug 7, 2026$66Aug 21, 2026$65Sep 4, 2026$63Sep 18, 2026$57Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · in line with the recorded estimate
  • · Earnings results · below the recorded estimate
  • · Earnings results · below the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

The provider's estimated date can change.

What to watch next

Other perspectives

Council score for Travere Therapeutics (TVTX): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Strong
Momentum Strong
Business Quality Moderate
Financial Safety Negative
Valuation Weak

Legends Council

6 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Neutral read
Simons-style lens (simulated) Jim Simons Favorable read
Englander-style lens (simulated) Izzy Englander Neutral read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Neutral read

Read on: Sep 15, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Negative
Margin of Safety Overvalued
Profit Margin Weak
Revenue Growth Strong
Debt/Equity Negative
ROE Negative
Gross Margin Strong

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as overvalued against its own estimate of value.

Readings on this page are from Oct 9, 2026, except a card that shows its own read date.

Watch the TVTX film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Travere Therapeutics (TVTX), and what does it report?

Short answer · as of

The company operates as a commercial-stage biopharmaceutical developer focused on rare nephrology and metabolic conditions.

Research dated 2026-09-13.

The company operates as a commercial-stage biopharmaceutical developer focused on rare nephrology and metabolic conditions. Its primary growth engine is a non-immunosuppressive medication prescribed to slow kidney decline in patients with specific rare nephropathies.

A biotechnology classification often implies a pre-revenue research outfit surviving on milestone payments, but the vast majority of the top line here comes from direct commercial product sales. The legacy portfolio, which treats a genetic kidney stone disorder, provides a secondary stream of product revenue while the development pipeline focuses on enzyme replacement therapies.

Sources (as of 2026-09-13): Business description; Sector / industry (provider taxonomy); Revenue by segment; Quarterly income statement (USD thousands)

2 · Latest results

What do the latest results show for Travere Therapeutics (TVTX)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $170M.

Research dated 2026-09-13.

Recent earnings reports reveal a sharp acceleration in revenue, consistently exceeding analyst consensus on the top line. This growth coincides with securing full regulatory approval and expanding the label for the lead nephrology drug, allowing the commercial team to target a broader patient population.

As sales volume has scaled, operating cash flow recently swung from sustained outflows to positive generation. Despite this cash flow milestone, the bottom line still reflects net losses due to significant ongoing research and administrative expenses.

Sources (as of 2026-09-13): Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters; Business description

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$169.58M Jun 30, 2026
Latest quarter · R&D
$60.28M Jun 30, 2026
Latest quarter · SG&A
$96.11M Jun 30, 2026
Latest quarter · FMP standardized operating result
$3.95M Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$169.58M$60.28M$96.11M$3.95M
Mar 31, 2026$127.20M$57.09M$80.25M−$36.91M
Dec 31, 2025$129.69M$57.87M$101.69M−$32.43M
Sep 30, 2025$164.86M$51.89M$86.45M$24.93M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$169.58M Aug 4, 2026
Latest report · revenue estimate
$157.27M Aug 4, 2026
Latest report · revenue vs estimate
Above estimate Aug 4, 2026
Latest report · EPS vs estimate
Below estimate Aug 4, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Aug 4, 2026$169.58M$157.27M−$0.3700−$0.1346
May 4, 2026$127.20M$136.23M−$0.3900−$0.3000
Feb 19, 2026$129.69M$144.55M$0.0300$0.0300
Oct 30, 2025$164.86M$146.98M$0.2800−$0.3100

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$170M-$35M-$0.37 (diluted)
Q1 FY2026$127M-$37M-$0.40 (diluted)
Q4 FY2025$130M$3M$0.03 (diluted)
Q3 FY2025$165M$26M$0.25 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Travere Therapeutics (TVTX)?

Short answer

Cash and short-term investments were $489.18M at the Jun 30, 2026 balance-sheet date. Operating cash flow was $58.07M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-13.

Liquidity covers the current burn rate with ample room to spare, extending the cash runway for a protracted period based on recent spending levels.

However, the balance sheet carries a substantial debt burden that exceeds the cash reserves, creating a highly leveraged financial position. The primary vulnerability is execution risk during the ongoing commercial launch; if prescription volumes for the lead asset stall before the company achieves consistent profitability, servicing the accumulated debt could force dilutive capital raises.

Sources (as of 2026-09-13): Cash, investments and debt; Cash and investment components; Cash runway cross-check (ours); Trailing twelve-month ratio set

Data-derived red flags

  • Negative return on equity (-55.8%) — the business is not currently generating profit on shareholder capital.
  • Inconsistent delivery — missed Wall Street EPS estimates in 3 of the last 8 reported quarters.

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$58.07M Jun 30, 2026
Previous quarter · operating cash flow
−$40.37M Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$58.07M$0.00
Mar 31, 2026−$40.37M−$22.18M
Dec 31, 2025$60.68M−$18.86M
Sep 30, 2025$14.32M−$140,000

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Travere Therapeutics (TVTX)?

Short answer · as of

The next earnings report is expected on Oct 29, 2026.

Research dated 2026-09-13.

Upcoming financial disclosures will test whether the expanded regulatory label translates directly into sustained commercial momentum. Observers should track the product revenue segment to see if the recent sales acceleration maintains its trajectory without requiring proportional increases in marketing and administrative costs.

Additionally, the progression of the enzyme replacement therapy pipeline will dictate whether research and development expenses remain elevated or begin to taper.

Sources (as of 2026-09-13): Next earnings report; Analyst revenue and earnings estimates (average); Business description; Revenue by segment

5 · Peer comparison

How does Travere Therapeutics compare with its peers?

Short answer

Travere Therapeutics's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-13.

Many peers in the biopharmaceutical sector focus on broad oncology or immunology markets with intense competition and massive addressable populations. This enterprise differentiates itself by targeting narrow, specialized nephrology indications where treatment options were historically limited or nonexistent.

By focusing on non-immunosuppressive mechanisms for specific protein-spilling kidney diseases, the commercial strategy relies on high-conviction adoption among a limited universe of specialized prescribers rather than broad primary care volume.

Sources (as of 2026-09-13): Business description; Sector / industry (provider taxonomy); Revenue by segment

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Ligand Pharmaceuticals Incorporated (LGND) Same industry, near in market value$295.00 Oct 8, 2026$5.91B96 5-pillar Oct 9, 2026
Veracyte, Inc. (VCYT) Same industry, near in market value$43.60 Oct 8, 2026$3.48B96 5-pillar Oct 9, 2026
Arcutis Biotherapeutics, Inc. (ARQT) Same industry, near in market value$24.49 Oct 8, 2026$3.06B87 5-pillar Oct 9, 2026
ACADIA Pharmaceuticals Inc. (ACAD) Same industry, near in market value$19.58 Oct 8, 2026$3.35B76 5-pillar Oct 9, 2026
Belite Bio, Inc. (BLTE) Same industry, near in market value$152.52 Oct 8, 2026$6.11B69 5-pillar Oct 9, 2026
Oruka Therapeutics, Inc. (ORKA) Same industry, near in market value$77.28 Oct 8, 2026$4.66B66 5-pillar Oct 9, 2026
Veradermics, Incorporated (MANE) Same industry, near in market value$126.63 Oct 8, 2026$5.29B66 5-pillar Oct 9, 2026
Edgewise Therapeutics, Inc. (EWTX) Same industry, near in market value$39.19 Oct 8, 2026$4.22B64 5-pillar Oct 9, 2026
Alkermes plc (ALKS) Same industry, near in market value$40.11 Oct 8, 2026$6.73B64 5-pillar Oct 9, 2026
Erasca, Inc. (ERAS) Same industry, near in market value$15.30 Oct 8, 2026$5.31B63 5-pillar Oct 9, 2026
Xenon Pharmaceuticals Inc. (XENE) Named competitor$36.16 Oct 8, 2026$3.50B55 5-pillar Oct 9, 2026
Celcuity Inc. (CELC) Named competitor$67.87 Oct 8, 2026$3.31B53 5-pillar Oct 9, 2026
Travere Therapeutics (TVTX) — this page$52.04$4.84B35

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Healthcare stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$49.00 – $89.00
Consensus target
$70.60
Median target
$70.00

Consensus record · Captured .

Measured against a quoted price of $52.04 (as of Oct 8, 2026).

Insider activity

Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Sep 17, 2026

Transactions
60
Identified insiders
5
Purchases
0
Sales
29
Other transactions
31

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Reporting holders
332 Period end Jun 30, 2026
Previous quarter · holders
280 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Jupiter Topco LLC11,324,191
Blackrock, INC.8,020,663
Fmr LLC7,096,614
Bank Of America Corp /De/4,568,341
State Street Corp4,256,224

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Travere Therapeutics (TVTX)?

Read these with our analysis →

TVTX Healthcare Stock FAQ

Research dated 2026-09-13; the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

How does the recent label expansion for FILSPARI affect the commercial strategy?

Gaining approval to treat focal segmental glomerulosclerosis adds an entirely new patient population to the addressable market alongside the existing indication. This allows the sales force to leverage the same specialized prescriber base to drive higher volume across multiple rare glomerular diseases.

Sources (as of 2026-09-13): Business description; Revenue by segment; Reported versus estimated, last 8 quarters

What is the primary financial risk on the balance sheet?

The capital structure is highly leveraged, with total debt significantly exceeding the combined cash and short-term investment reserves. While recent operating cash flow has turned positive, any stumble in commercial execution could make servicing this debt burden difficult.

Sources (as of 2026-09-13): Cash, investments and debt; Cash and short-term investments over time (USD millions); Operating cash flow by quarter (USD millions)

How does the legacy cystinuria portfolio contribute to the business?

The legacy kidney stone medications provide a secondary, established stream of product revenue that helps offset the heavy ongoing research costs. While the spotlight remains on the newer nephrology launches, these existing therapies reduce the absolute reliance on a solitary lead asset.

Sources (as of 2026-09-13): Business description; Revenue by segment; Quarterly income statement (USD thousands)

Are insiders accumulating shares during the ongoing commercial launch?

Regulatory filings show a distinct lack of open-market purchasing by corporate officers, with recent activity dominated by share sales. These dispositions largely coincide with stock awards and option exercises rather than outright accumulation.

Sources (as of 2026-09-13): Insider transactions, last 180 days; What the sources do not tell us; Named officers

What is the TVTX stock price today?

The last price recorded on this page for Travere Therapeutics, Inc. (TVTX) is $52.04, as of the Oct 8, 2026 trading session (source: Financial Modeling Prep (FMP) quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the TVTX price target?

The analyst consensus price target for Travere Therapeutics, Inc. (TVTX) is $70.60 (range $49.00 to $89.00, median $70.00), per FMP data captured Oct 9, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-13): Business description; Cash, investments and debt; Annual revenue and net result (USD millions); Revenue by segment

Sources — records for every figure on this page (82 figures)

The 82 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 1 fact from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
id.hqSEC filing business address3611 Valley Centre DR, Suite 300, SAN Diego, CA, 92130OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "3611 Valley Centre Drive, San Diego, CA, 92130, US".

FMP — 72 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateOct 29, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$52.04FMPFinancial Modeling Prep (FMP) quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time.
px.changeChange on the day-2.62%FMPFinancial Modeling Prep (FMP) quote
px.mcapMarket capitalization$4.84BFMPFinancial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-08. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$1.40FMPFinancial Modeling Prep (FMP) quote
fin.q_revenueRevenue, Q2 FY2026$170MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$22.59–$68.73FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)18.92FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day1.6MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta1.14FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveEric DubeFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees497FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $131.84M, net result −$180.09M; FY2022 revenue $109.46M, net result −$278.48M; FY2023 revenue $145.24M, net result −$111.40M; FY2024 revenue $233.18M, net result −$321.54M; FY2025 revenue $490.73M, net result −$25.55MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsLicense $80.27M · Product $410.46MFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)94.4%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$169.58MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.rd_kR&D — period end 2026-06-30$60.28MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$96.11MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$3.95MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$127.20MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.rd_kR&D — period end 2026-03-31$57.09MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$80.25MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31−$36.91MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$129.69MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.rd_kR&D — period end 2025-12-31$57.87MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$101.69MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31−$32.43MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$164.86MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.rd_kR&D — period end 2025-09-30$51.89MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$86.45MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$24.93MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-08-04.revenue_actualRevenue · reported — report date 2026-08-04$169.58MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.revenue_estimatedRevenue · estimate — report date 2026-08-04$157.27MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.eps_actualEPS · reported — report date 2026-08-04−$0.3700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.eps_estimatedEPS · estimate — report date 2026-08-04−$0.1346Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-04.revenue_actualRevenue · reported — report date 2026-05-04$127.20MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-04.revenue_estimatedRevenue · estimate — report date 2026-05-04$136.23MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-04.eps_actualEPS · reported — report date 2026-05-04−$0.3900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-04.eps_estimatedEPS · estimate — report date 2026-05-04−$0.3000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-19.revenue_actualRevenue · reported — report date 2026-02-19$129.69MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-19.revenue_estimatedRevenue · estimate — report date 2026-02-19$144.55MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-19.eps_actualEPS · reported — report date 2026-02-19$0.0300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-19.eps_estimatedEPS · estimate — report date 2026-02-19$0.0300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.revenue_actualRevenue · reported — report date 2025-10-30$164.86MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.revenue_estimatedRevenue · estimate — report date 2025-10-30$146.98MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.eps_actualEPS · reported — report date 2025-10-30$0.2800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.eps_estimatedEPS · estimate — report date 2025-10-30−$0.3100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$489.18MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$58.07MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$616.91MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value198.38×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$58.07MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31−$40.37MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30$0.00Period end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$22.18MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$60.68MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$18.86MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30$14.32MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$140,000Period end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$49.00 – $89.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 9, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$70.60FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 9, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$70.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 9, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP60 transactions · 0 purchases, 29 sales, 31 other transactions · 5 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Sep 17, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.holdersReporting holders332FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders280FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesJupiter Topco LLC — shares in provider snapshot11,324,191FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesBlackrock, INC. — shares in provider snapshot8,020,663FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesFmr LLC — shares in provider snapshot7,096,614FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesBank Of America Corp /De/ — shares in provider snapshot4,568,341FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesState Street Corp — shares in provider snapshot4,256,224FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 3 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-01 · Expired observation
fin.scoresDistress and quality screensAltman Z 2.34 · Piotroski F 5UNRECORDEDStored financial-scores observation — Captured 2026-10-08 · Expired observation
fin.ratiosReturn and yield ratios (trailing twelve months)ROE -55.8% · ROA -5.4% · current ratio 4.05 · earnings yield -0.8% · free-cash-flow yield 1.0%—UNRECORDEDStored key metrics — Date unknown

COMPUTED — 3 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments9.89×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $489.18M at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-08. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
earn.history.depth.2026-08-04.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($169.58M) with the recorded estimate ($157.27M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-08-04.eps_actual.comparisonLatest report · EPS vs estimateBelow estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS (−$0.3700) with the recorded estimate (−$0.1346) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 3 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v235 of 100 · Weak · pillars 74 / 15 / 31 / 87 / 89OURSStock Expert AI MoonshotScore v2 engine
ours.valuation_driverRecorded valuation score driverEnterprise value relative to EBITDA is the main valuation drag relative to sector peers.OURSStock Expert AI MoonshotScore v2 engine · stored factor contributions
ours.moonshot_changeMoonshotScore movement36 (stored snapshot Oct 7, 2026) → 35 (current publication computed Oct 9, 2026) (-1)OURSStock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive.

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.rd_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.rd_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.rd_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.rd_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-08-04. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-08-04.revenue_actual, earn.history.depth.2026-08-04.revenue_estimated, earn.history.depth.2026-08-04.revenue_actual.comparison, earn.history.depth.2026-08-04.eps_actual.comparison, earn.history.depth.2026-08-04.eps_actual, earn.history.depth.2026-08-04.eps_estimated, earn.history.depth.2026-05-04.revenue_actual, earn.history.depth.2026-05-04.revenue_estimated, earn.history.depth.2026-05-04.eps_actual, earn.history.depth.2026-05-04.eps_estimated, earn.history.depth.2026-02-19.revenue_actual, earn.history.depth.2026-02-19.revenue_estimated, earn.history.depth.2026-02-19.eps_actual, earn.history.depth.2026-02-19.eps_estimated, earn.history.depth.2025-10-30.revenue_actual, earn.history.depth.2025-10-30.revenue_estimated, earn.history.depth.2025-10-30.eps_actual, earn.history.depth.2025-10-30.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-13

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Travere Therapeutics, Inc. is a biopharmaceutical company developing therapies for rare kidney and metabolic diseases. Its lead product, FILSPARI (sparsentan), is an oral, once-daily, non-immunosuppressive medication targeting two pathways of disease progression (endothelin-1 and angiotensin-II). Sparsentan received accelerated FDA approval in February 2023 and full approval in September 2024 to slow kidney function decline in adults with primary IgA nephropathy (IgAN) at risk of progression. In April 2026, the FDA approved FILSPARI to reduce proteinuria in adult and pediatric patients aged 8 and older with focal segmental glomerulosclerosis (FSGS) without nephrotic syndrome, making it the first and only FDA-approved medicine for FSGS. The company also markets Thiola and Thiola EC (tiopronin tablets) for cystinuria, a rare genetic disorder causing recurring kidney stones. Its pipeline includes pegtibatinase, an investigational enzyme replacement therapy for classical homocystinuria (HCU). Formerly Retrophin, Inc. (renamed November 2020), Travere is headquartered in San Diego, California, and incorporated in Delaware.
2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Cash, investments and debt
Total debt: $616.91M; Liquidity basis: cash and short-term investments; Total liabilities: $774.84M; Cash and short-term investments: $489.18M; Cash and investments: $489.20M; Long-term investments: $0; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $206.01M, Revenue: $490.73M, Period end: 2025-12-31, Net result: -$25.55M
  • FY2024 — R&D: $282.70M, Revenue: $233.18M, Period end: 2024-12-31, Net result: -$321.54M
  • FY2023 — R&D: $244.99M, Revenue: $145.24M, Period end: 2023-12-31, Net result: -$111.40M
  • FY2022 — R&D: $227.33M, Revenue: $109.46M, Period end: 2022-12-31, Net result: -$278.48M
  • FY2021 — R&D: $201.16M, Revenue: $131.84M, Period end: 2021-12-31, Net result: -$180.09M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Revenue by segment
License: $80.27M; Product: $410.46M
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Sector / industry (provider taxonomy)
Healthcare / Biotechnology

The company's SEC filings classify it under SIC 2834 — Pharmaceutical Preparations.

2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: -$0.37 per share, R&D: $60.28M, SG&A: $96.11M, EPS basic: -$0.37 per share, EPS basis: diluted, Revenue: $169.58M, EPS diluted: -$0.37 per share, Net result: -$34.80M, Gross profit: $167.41M, Operating result: $3.95M
  • Quarter ended 2026-03-31 — EPS: -$0.4 per share, R&D: $57.09M, SG&A: $80.25M, EPS basic: -$0.4 per share, EPS basis: diluted, Revenue: $127.20M, EPS diluted: -$0.4 per share, Net result: -$37.10M, Gross profit: $100.43M, Operating result: -$36.91M
  • Quarter ended 2025-12-31 — EPS: $0.03 per share, R&D: $57.87M, SG&A: $101.69M, EPS basic: $0.03 per share, EPS basis: diluted, Revenue: $129.69M, EPS diluted: $0.03 per share, Net result: $2.73M, Gross profit: $127.14M, Operating result: -$32.43M
  • Quarter ended 2025-09-30 — EPS: $0.25 per share, R&D: $51.89M, SG&A: $86.45M, EPS basic: $0.29 per share, EPS basis: diluted, Revenue: $164.86M, EPS diluted: $0.25 per share, Net result: $25.71M, Gross profit: $163.27M, Operating result: $24.93M
  • Quarter ended 2025-06-30 — EPS: -$0.14 per share, R&D: $49.36M, SG&A: $76.22M, EPS basic: -$0.14 per share, EPS basis: diluted, Revenue: $114.45M, EPS diluted: -$0.14 per share, Net result: -$12.76M, Gross profit: $112.93M, Operating result: -$12.65M
  • Quarter ended 2025-03-31 — EPS: -$0.47 per share, R&D: $46.89M, SG&A: $72.84M, EPS basic: -$0.47 per share, EPS basis: diluted, Revenue: $81.73M, EPS diluted: -$0.47 per share, Net result: -$41.23M, Gross profit: $77.05M, Operating result: -$42.67M
  • Quarter ended 2024-12-31 — EPS: -$0.73 per share, R&D: $62.07M, SG&A: $69.50M, EPS basic: -$0.73 per share, EPS basis: diluted, Revenue: $74.79M, EPS diluted: -$0.73 per share, Net result: -$60.26M, Gross profit: $72.23M, Operating result: -$60.74M
  • Quarter ended 2024-09-30 — EPS: -$0.7 per share, R&D: $51.68M, SG&A: $65.62M, EPS basic: -$0.7 per share, EPS basis: diluted, Revenue: $62.90M, EPS diluted: -$0.7 per share, Net result: -$54.81M, Gross profit: $61.27M, Operating result: -$56.15M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: $0, Operating cash flow: $58.07M
  • Quarter ended 2026-03-31 — Capital expenditure: -$22.18M, Operating cash flow: -$40.37M
  • Quarter ended 2025-12-31 — Capital expenditure: -$18.86M, Operating cash flow: $60.68M
  • Quarter ended 2025-09-30 — Capital expenditure: -$140,000, Operating cash flow: $14.32M
  • Quarter ended 2025-06-30 — Capital expenditure: -$230,000, Operating cash flow: $4.98M
  • Quarter ended 2025-03-31 — Capital expenditure: -$11.78M, Operating cash flow: -$42.19M
  • Quarter ended 2024-12-31 — Capital expenditure: -$9.56M, Operating cash flow: -$35.72M
  • Quarter ended 2024-09-30 — Capital expenditure: -$8.19M, Operating cash flow: -$42.51M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-08-04 — EPS actual: -$0.37 per share, EPS estimated: -$0.13465 per share, Revenue actual: $169.58M, Revenue estimated: $157.27M
  • Reported 2026-05-04 — EPS actual: -$0.39 per share, EPS estimated: -$0.3 per share, Revenue actual: $127.20M, Revenue estimated: $136.23M
  • Reported 2026-02-19 — EPS actual: $0.03 per share, EPS estimated: $0.03 per share, Revenue actual: $129.69M, Revenue estimated: $144.55M
  • Reported 2025-10-30 — EPS actual: $0.28 per share, EPS estimated: -$0.31 per share, Revenue actual: $164.86M, Revenue estimated: $146.98M
  • Reported 2025-08-06 — EPS actual: -$0.14 per share, EPS estimated: -$0.28 per share, Revenue actual: $114.45M, Revenue estimated: $99.55M
  • Reported 2025-05-01 — EPS actual: -$0.47 per share, EPS estimated: -$0.55 per share, Revenue actual: $81.73M, Revenue estimated: $88.80M
  • Reported 2025-02-20 — EPS actual: -$0.73 per share, EPS estimated: -$0.58 per share, Revenue actual: $74.79M, Revenue estimated: $72.38M
  • Reported 2024-10-31 — EPS actual: -$0.7 per share, EPS estimated: -$0.7 per share, Revenue actual: $62.90M, Revenue estimated: $71.44M
2026-08-04FMPFinancial Modeling Prep (FMP) earnings
Cash and investment components
Total basis: cash short and long-term investments; Total: $489.20M; Cash and short-term investments: $489.20M; Long-term investments: $0; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash runway cross-check (ours)
Years: 10.4; Method: cash and short-term investments of $489.2M at 2026-06-30 divided by the annualized rate at which operations and capital spending used cash ($46.8M per year); Reaches: 2036-11; Cash basis: cash and short-term investments; Cash: $489.20M; Annualized cash use: $46.80M

Rate taken from operating cash flow less capital expenditure over the 8 most recent reported quarters, annualized.; Measured from operations, not from the change in the cash balance — a company that raised money during the window would otherwise appear to be burning less than it is.; Assumes that rate continues unchanged: it ignores announced cost reductions, financing already arranged and any change in spending.; Assumes the reported cash and short-term investments are realizable for funding operations; restrictions and timing of access are not established by these provider fields. Long-term investments are excluded.; It is a cross-check, not a forecast, and the company's own statement about its runway outranks it.

2026-06-30COMPUTEDComputed from reported cash flow; assumptions stated
Trailing twelve-month ratio set
Quick ratio: 3.99; Current ratio: 4.05; Debt to equity: 25.16; Net margin: -7.4%; Gross margin: 94.4%; Operating margin: -6.8%; Return on assets: -5.4%; Return on equity: -55.8%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-13FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Next earnings report
Date: 2026-10-29; EPS estimate: $0.05 per share; Revenue estimate: $195.68M

The date is our provider's estimate until the company confirms it.

2026-09-13FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $3.16 per share, Revenue average: $1.08B, Revenue low: $978.52M, Revenue high: $1.31B, Analysts (revenue): 11
  • FY2028 — EPS average: $4.52 per share, Revenue average: $1.36B, Revenue low: $1.06B, Revenue high: $1.56B, Analysts (revenue): 11
  • FY2029 — EPS average: $4.65 per share, Revenue average: $1.60B, Revenue low: $1.36B, Revenue high: $1.89B, Analysts (revenue): 5
  • FY2030 — EPS average: $5.62 per share, Revenue average: $1.92B, Revenue low: $1.63B, Revenue high: $2.26B, Analysts (revenue): 5
2026-09-13FMPFinancial Modeling Prep (FMP) analyst estimates
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $489.20M, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $264.70M, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $322.80M, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $254.50M, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $319.50M, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $322.20M, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $370.70M, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $277.40M, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Insider transactions, last 180 days
Net shares: 87,627; Window days: 180; Price low: $16.33; Clustered days: 2026-05-04; 2026-05-19; Price high: $68.09; Buy transactions: 0; Distinct insiders: 13; Sell transactions: 19; Other transactions: 41; Total transactions: 60; Other transaction types: G-Gift: 1, A-Award: 20, M-Exempt: 20; Unknown direction transactions: 0

Purchase and sale counts require explicit provider transaction types, without a conflicting acquisition/disposition direction. Other transactions retain their provider type; awards, exercises, gifts and in-kind transactions are not counted as purchases or sales. Net shares sums acquired minus disposed shares across direction-known records, including other transaction types; unknown directions are excluded. It is not net purchases or a verified change in beneficial ownership. Named-insider counts, same-day clusters and positive reported prices cover all retained records. Filing dates are used only when transaction dates are absent. Neither timing nor price establishes motive or whether a transaction was on the open market.

2026-09-10FMPFinancial Modeling Prep (FMP) insider transactions, from Form 4 filings
What the sources do not tell us
Captured record · 3 entries
  • What: We hold fewer than two daily score snapshots for this company, so there is no track to show yet., Family: Score history
  • What: A Form 4 records what an insider transacted, never why. Sales that look like tax withholding on vesting shares are not labelled as such in the filing., Family: Insider intent
  • What: Anything that changed after the most recent filing and has not been announced is not on this page., Family: Between filings

Each entry names a family of information the packet has no fact for.; The list is drawn from a fixed catalogue keyed to fact ids — it is not written per ticker and contains no generated text.; An absent family means our sources did not answer; it does not mean the company has nothing to report.

2026-09-13COMPUTEDDerived from which sources answered this build
Named officers
CEO: Eric Dube; Officers: Jula Inrig — Title: Executive VP, Head of Research & Development and Chief Medical Officer, Pay: $1.01M, Born: 1975; Sandra Calvin — Title: SVP & Chief Accounting Officer, Born: 1966; Eric Dube — Title: President, Chief Executive Officer & Director, Pay: $1.83M, Born: 1973; William E. Rote — Title: Chief Research Officer, Pay: $935,108, Born: 1963; Casey Logan — Title: Chief Business Officer; Angela Giannantonio — Title: Chief People Officer; Elizabeth E. Reed — Title: Chief Legal Officer, General Counsel & Secretary, Pay: $713,634, Born: 1971; Nivi Nehra — Title: Vice President of Corporate Communications & Investor Relations

Titles and pay come from the company's proxy statement as our provider parsed it.

2026-09-13FMPFinancial Modeling Prep (FMP) key executives (proxy-derived)
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.