earnings
confidence high
sentiment positive
materiality 0.80
Travere Q2: FILSPARI sales +96% to $141M; FSGS launch drives 2,012 PSFs; net loss $34.8M
Travere Therapeutics, Inc.
- U.S. net product sales $161.4M in Q2 2026, up from $94.8M; FILSPARI sales $141.1M (+96% YoY).
- Net loss $34.8M ($0.37/share) vs $12.8M loss in Q2 2025; non-GAAP net loss $9.0M ($0.10/share).
- Cash $489.2M; issued $525M of 0.5% convertible notes due 2032, repurchased $221M of 2029 notes.
- In-licensed civorebrutinib from Everest Medicines for $112.5M upfront; plans to study in pMN, FSGS, MCD.
- Phase 3 HARMONY for pegtibatinase in HCU enrolling; topline data expected 2H 2027.