KOD
Kodiak Sciences Inc.24.13
+1.11+4.82%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.28BP/E (TTM)
-Basic EPS (TTM)
-4.12Dividend Yield
0%Recent Filings
8-K
10-Q
10-Q
Q2 FY2025 results
Kodiak Sciences posted a Q2 net loss of $54.3M, up 20% y/y from $45.1M, driven by R&D expenses climbing to $42.8M from $32.5M amid ramped-up Phase 3 trials for tarcocimab and KSI-501 in wet AMD and DR, while G&A dipped to $12.8M from $15.5M thanks to sublease savings offsetting a Q1 $1.9M lease impairment. Cash burned $63.9M in H1, leaving $104.2M at quarter-end, down from $168.1M year-start, with no revenue yet as BLA filings loom in 2026. Free cash flow not disclosed in the 10-Q. GLOW2 enrollment wrapped in March, topline data eyed for Q1 2026. Yet cash may not last the year without fresh funding.
8-K
Q2 loss widens on R&D surge
Kodiak Sciences reported Q2 2025 financials, posting a $54.3 million net loss amid ramped-up R&D spending of $42.8 million on Phase 3 trials for retinal therapies tarcocimab, KSI-501, and KSI-101. Cash reserves stand at $104.2 million, funding operations into 2026, while topline data looms in 1Q 2026 for GLOW2 and 3Q 2026 for DAYBREAK. New KSI-101 data showed over 90% dryness by week 8 in MESI patients. Clinical delays could derail timelines.
8-K
Annual meeting results announced
Kodiak Sciences Inc. held its 2025 Annual Meeting on June 2, with 82.20% of shares voting. Stockholders elected Richard S. Levy, M.D., and Robert A. Profusek, J.D., as Class I directors until 2028, despite significant withheld votes for Profusek. They advisory approved executive compensation and ratified PricewaterhouseCoopers LLP as auditors for the fiscal year. Directors secured; governance affirmed.
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