earnings
confidence high
sentiment neutral
materiality 0.75
Sarepta reports Q4 2025 net loss of $412.2M; full-year revenue up 16% to $2.2B
Sarepta Therapeutics, Inc.
2025-FY EPS reported
-$7.13
revenue$2,198,237,000
- Full-year 2025 net product revenue $1,864.3M (PMO $965.6M, ELEVIDYS $898.7M); Q4 net product revenue $369.6M.
- GAAP net loss Q4 $412.2M ($3.93/share) vs Q4 2024 net income $159.0M; full-year GAAP net loss $713.4M.
- Ended 2025 with ~$1.0B cash; refinanced $291.4M of 2027 notes to 2030 notes, removing near-term debt.
- Japan launch of ELEVIDYS by Chugai in Feb 2026; eligible for $40M milestone. Positive 3-year EMBARK results.
- Approval to begin Phase 1 trial of SRP-1005 (siRNA) for Huntington’s disease; Phase 1/2 SRP-1003 for DM1 advancing.