earnings
confidence high
sentiment positive
materiality 0.75
Xeris Biopharma Q1 revenue up 43% to $82M; Recorlev nearly doubles to $50M; raises FY guidance to $380-390M
Xeris Biopharma Holdings, Inc.
2026-Q1 EPS reported
$0.01
revenue$83,127,000
- Product revenue $82.5M, up 43% YoY; total revenue $83.1M, up 38%. Net income $2.2M vs net loss $9.2M.
- Recorlev net revenue $49.8M, up 95% driven by patient demand; Gvoke flat at $20.8M; Keveyis $11.9M, up 4%.
- Adjusted EBITDA $15.1M, improvement of $10.7M YoY; gross margin improved to 87% from 85%.
- Raises FY2026 total revenue guidance; tightens range to $380-390M (>30% growth at midpoint).
- Plans Phase 3 initiation of XP-8121 later in 2026; commercial team expansion completed.