earnings
confidence high
sentiment positive
materiality 0.75
Compass Pathways accelerates COMP360 TRD launch by 9-12 months; Q3 net loss $137.7M
COMPASS Pathways plc
2025-Q3 EPS
reported -$2.09
vs consensus -$0.40
▼ miss
(-425.4%)
- Accelerating commercialization readiness by 9-12 months after positive FDA meeting on NDA strategy including potential rolling submission.
- COMP006 9-week data and COMP005 26-week data expected Q1 2026; COMP006 26-week data expected early Q3 2026.
- Cash $185.9M as of Sept 30, 2025; full-year 2025 net cash used in operations expected $120M-$145M.
- Q3 2025 net loss $137.7M ($1.44/share) includes $101.3M non-cash loss on warrant fair value adjustment.
- R&D expenses $27.3M in Q3 2025 vs $32.9M in Q3 2024, down due to discontinued discovery programs.