earnings
confidence high
sentiment neutral
materiality 0.70
Sage Therapeutics Q2 2025: ZURZUVAE rev $23.2M (+68% QoQ); net loss $49.7M; Supernus acquisition on track
Sage Therapeutics, Inc.
2025-Q2 EPS reported
-$1.80
revenue$45,724,000
- ZURZUVAE collaboration revenue of $23.2M (50% of Biogen net sales), up 68% from Q1 2025.
- Net loss narrowed to $49.7M from $102.9M in Q2 2024; cash and equivalents of $366M.
- Acquisition by Supernus for $8.50/share cash plus CVR up to $3.50/share, expected to close Q3 2025.
- Phase 1 data for SAGE-319 expected late 2025; ongoing pipeline reprioritization.
item 2.02item 9.01