earnings
confidence high
sentiment positive
materiality 0.75
Fractyl Health Q3 net loss $45.6M; Revita post-GLP-1 weight maintenance data positive
FRACTYL HEALTH, INC.
2025-Q3 EPS
reported -$1.79
vs consensus -$0.32
▼ miss
(-455.4%)
- Net loss of $45.6M includes $23.5M non-cash warrant fair-value change; operating expenses down $1.1M YoY.
- R&D spend $17.5M vs $19.0M year-ago; SG&A $5.2M vs $4.8M.
- Cash $77.7M at Sep 30 2025; $83M in August/September offerings extend runway into early 2027.
- REMAIN-1 Midpoint Cohort met endpoint: Revita patients lost 2.5% additional weight vs 10% regain for sham (p=0.014).
- REMAIN-1 Pivotal enrollment >60% randomized; 6-month primary data expected H2 2026 with potential PMA filing.