earnings
confidence high
sentiment neutral
materiality 0.75
Coherus Oncology reports FY2025 net loss $183.1M; LOQTORZI revenue doubles to $40.8M
Coherus Oncology, Inc.
- LOQTORZI net revenue $40.8M in 2025, more than double $19.1M in 2024; Q4 net revenue $12.4M up 11% QoQ.
- Total debt reduced 90% from $480M to $38.8M during 2024-2025; year-end cash $172.1M.
- FY2025 GAAP net loss $183.1M ($1.56 diluted) vs $215.4M loss in FY2024; non-GAAP loss $159.2M.
- Pipeline: tagmokitug (CCR8) trials in HNSCC, GI, ESCC, CRC; casdozokitug (IL-27) Phase 2 in 1L uHCC; data readouts in mid-2026.
- Equity financings: ~$7.9M net from Oct 2025 offering; ~$47.0M net from Feb 2026 public offering.