earnings
confidence high
sentiment positive
materiality 0.75
Theravance Biopharma Q2 net income $54.8M driven by $225M TRELEGY royalty sale; YUPELRI sales +22%
Theravance Biopharma, Inc.
2025-Q2 EPS reported
$0.81
revenue$41,583,000
- YUPELRI net sales $66.3M (Viatris-recorded) up 22% YoY; Q2 implied 35% share $23.2M.
- Completed sale of TRELEGY royalty interest to GSK for $225M; net gain of $75.1M.
- Pivotal Phase 3 CYPRESS study enrollment nearing completion; top-line data ~6 months later.
- Cash $339M, no debt; TRELEGY YTD sales on track for $50M milestone in 2025.
- Non-GAAP net loss from operations improved to $4.2M from $6.3M YoY.
item 2.02item 9.01