BCRX
BioCryst Pharmaceuticals, Inc.7.47
-0.12-1.58%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A sharpens Navenibart positioning, comp insulation
Q&A honed Navenibart's pitch for 5,000 U.S. patients on injectables craving just 2-4 shots yearly, with mature formulation, no ADA efficacy hits, and BLA eyed end-2027. ORLADEYO super responders defy prediction—trial required. No prescribing shifts from new rivals; oral acutes could tailwind. A 9% price hike nets 4.5%; Q1 dips on reauths, peds pellets minor in guidance despite diagnosis potential. Netherton enrollment surges. Management candid. Q&A adds portfolio clarity. Watch peds ramp, Phase III fill.
Key Stats
Market Cap
1.57BP/E (TTM)
-Basic EPS (TTM)
-0.05Dividend Yield
0%Recent Filings
10-K
FY2025 results
BioCryst swung to $264M net income in FY2025 ended December 31, 2025, from $89M loss prior year, driven by $875M revenue (94% y/y growth from $451M) primarily from ORLADEYO commercialization. Q4 momentum propelled the full-year surge, with revenue more than doubling y/y while R&D spend on pipeline programs like BCX17725 and avoralstat moderated. Net income reconciled to diluted EPS of $1.21 on 219M shares, reflecting dilutive equity awards. Cash and equivalents stood at $336M year-end, supporting $400M Blackstone term debt closed January 2026 to fund Astria merger. Patent litigation over ORLADEYO generics poses quarterly revenue risk.
8-K
ORLADEYO revenue hits $602M
BioCryst reported full-year 2025 ORLADEYO net revenue of $601.8 million, up 38% year-over-year, driven by U.S. growth despite selling its European ORLADEYO business to Neopharmed Gentili on October 1, 2025. The company swung to record GAAP operating profit of $341 million and non-GAAP profit of $214 million (fully reconciled), fueled by $244 million license revenue. Cash stood at $336 million. 2026 ORLADEYO guidance holds at $625-645 million.
8-K
BioCryst acquires Astria, adds navenibart
BioCryst closed its $700M acquisition of Astria Therapeutics on January 23, 2026, adding Phase 3 HAE asset navenibart—poised for every-3/6-month dosing. Deal funded by $400M Blackstone term loan (5-year maturity, SOFR+4.50%, PIK option) plus 37.3M BioCryst shares. Debt covenants bind; integration leverages existing HAE infrastructure. Leadership bolstered.
8-K
ORLADEYO revenue beats guidance
8-K
ORLADEYO WAC rises 9%
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