LXRX
Lexicon Pharmaceuticals, Inc.1.2000
-0.0300-2.44%
Dec 16, 4:00:01 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
436.08MP/E (TTM)
-Basic EPS (TTM)
-0.19Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
8-K
Q2 profit from licensing surge
Lexicon Pharmaceuticals swung to a $3.3 million net income in Q2 2025, fueled by $27.5 million in licensing revenue from its Novo Nordisk deal for LX9851, while INPEFA sales added $1.3 million. Partnership talks for pilavapadin advance post-Phase 2b data, with full results due in September; SONATA Phase 3 enrollment accelerates across 100+ sites for sotagliflozin in HCM. Cash dipped to $139 million amid severance costs. Progress sharpens R&D focus.
10-Q
Q2 FY2025 results
Lexicon Pharmaceuticals swung to an operating profit of $3.7 million in Q2 FY2025 ended June 30, 2025, up from a $55.4 million loss a year earlier, fueled by $27.5 million in licensing revenue from its Novo Nordisk deal for LX9851—while net product revenue dipped 18% y/y to $1.3 million. Total revenues soared 1,652% y/y to $28.9 million, yet YTD through six months showed a $22.0 million net loss, or $0.06 per diluted share on 362,687 weighted shares, consistent with no anti-dilution effects. R&D expenses fell 11% y/y to $15.7 million amid lower clinical costs, and SG&A plunged 76% y/y to $9.4 million post-restructuring. Cash and equivalents stood at $21.4 million with $117.6 million in short-term investments, after repaying $45 million on Oxford term loans now at $56.1 million (11.9% weighted rate, maturing 2029) and maintaining $29 million restricted cash for covenants. Free cash flow wasn't disclosed in the 10-Q. Licensing deals like Novo Nordisk's $45 million upfront buoyed liquidity, but clinical trial delays pose a key risk.
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