earnings
confidence high
sentiment neutral
materiality 0.65
CG Oncology Q3 net loss $43.8M ($0.57/share); initiates BLA for cretostimogene
CG Oncology, Inc.
2025-Q3 EPS reported
-$1.57
revenue$1,718,000
- Net loss of $43.8M ($0.57 per share) for Q3 2025 vs $20.4M ($0.30) in Q3 2024.
- Cash, cash equivalents and marketable securities $680.3M, sufficient to fund operations into H1 2028.
- Initiated rolling BLA submission to FDA for cretostimogene monotherapy in HR BCG-unresponsive NMIBC.
- R&D expenses $27.9M (up 42% YoY), G&A $23.3M (up 168% YoY) driven by clinical trials and headcount.
- Completed enrollment of Phase 3 PIVOT-006 trial in IR NMIBC 10 months ahead of schedule.