earnings
confidence high
sentiment neutral
materiality 0.70
Intellia Q1 net loss $114.3M, cash $707.1M; Phase 3 HAE enrollment on track
Intellia Therapeutics, Inc.
2025-Q1 EPS reported
-$1.10
revenue$16,627,000
- Net loss $114.3M vs $107.4M in Q1 2024; collaboration revenue $16.6M down from $28.9M.
- Cash, cash equivalents and marketable securities $707.1M as of March 31, 2025, down from $861.7M at Dec 31, 2024; expected to fund operations into H1 2027.
- Phase 3 HAELO study for hereditary angioedema on track to complete enrollment in Q3 2025; BLA submission anticipated in H2 2026.
- First patient dosed in Phase 3 MAGNITUDE-2 for ATTRv-PN; MAGNITUDE (ATTR-CM) enrollment ahead of projections.
- RMAT designation granted for nex-z in ATTR-CM; longer-term Phase 1 data presentations planned for H2 2025.