earnings
confidence high
sentiment positive
materiality 0.75
Travere Q1 net product sales up 64% to $124.5M; FILSPARI approved for FSGS
Travere Therapeutics, Inc.
2026-Q1 EPS
reported -$0.40
vs consensus -$0.27
▼ miss
(-47.7%)
- FILSPARI net sales $105.2M (+88% YoY); 993 new PSFs in IgAN during Q1.
- FDA approved FILSPARI for FSGS on April 13; first patients treated within a week.
- Net loss $37.1M ($0.40/sh) vs $41.2M ($0.47/sh); non-GAAP net income $4.1M ($0.05/sh).
- Phase 3 HARMONY of pegtibatinase restarted; first new patient dosed; topline data due 2H 2027.
- Cash & equivalents $264.7M as of March 31; $25M milestone from Mirum received in April.