earnings
confidence high
sentiment positive
materiality 0.75
Inhibrx reports Q3 net loss $35.3M; ozekibart meets primary endpoint in chondrosarcoma
Inhibrx Biosciences, Inc.
2025-Q3 EPS
reported -$6.93
vs consensus -$1.75
▼ miss
(-295.5%)
- Net loss of $35.3M ($2.28 per share) vs $43.9M ($2.84) in Q3 2024; R&D expense down to $28.5M.
- Cash and equivalents $153.1M at Sept 30, 2025, down from $186.6M at June 30, 2025.
- Ozekibart (INBRX-109) met primary endpoint in registrational chondrosarcoma trial, showing statistically significant PFS improvement.
- Plan to submit BLA to FDA in Q2 2026; expansion cohorts in colorectal cancer and Ewing sarcoma show high response rates.
- $100M debt outstanding; interest expense of $3.2M in Q3 2025.