RIGL
Rigel Pharmaceuticals, Inc.42.02
-0.46-1.08%
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
762.72MP/E (TTM)
6.79Basic EPS (TTM)
6.19Dividend Yield
0%Recent Filings
8-K
8-K
Rigel Q3 revenue surges 26%
Rigel Pharmaceuticals reported third-quarter 2025 total revenue of $69.5 million, up from $55.3 million last year, driven by record net product sales of $64.1 million—a 65% surge—with TAVALISSE up 70% to $44.7 million, GAVRETO 56% to $11.1 million, and REZLIDHIA 50% to $8.3 million. This fueled $27.9 million in net income, versus $12.4 million prior. Pipeline advanced: R289 Phase 1b dose escalation complete in lower-risk MDS, first expansion patient enrolled, with updated data set for ASH in December. Guidance raised to $285–$290 million full-year revenue, including $225–$230 million in product sales. Strong execution boosts cash to $137.1 million.
10-Q
Q3 FY2025 results
Rigel Pharmaceuticals posted strong Q3 FY2025 results, with total revenues hitting $69.5M, up 25.6% y/y from $55.3M, fueled by net product sales of $64.1M—a 64.6% y/y surge driven by higher volumes and pricing for TAVALISSE, REZLIDHIA, and new GAVRETO launches. Operating income climbed to $28.4M from $14.1M y/y, while diluted EPS rose to $1.46 from $0.70, reconciling cleanly with 19.2M weighted shares. Cash from operations reached $53.7M for the nine months, bolstering liquidity to $137.1M in cash and equivalents, against $59.7M in loans payable maturing 2027. The Blueprint asset purchase closed in February 2024 for $15.0M (cash), adding $25.3M in net intangibles amortized over 12 years. Yet competition from generics looms large.
8-K
Rigel boosts Q2 revenue 176%
Rigel Pharmaceuticals reported Q2 2025 total revenue of $101.7 million, up sharply from $36.8 million last year, driven by $58.9 million in net product sales—a 76% surge—plus $40 million non-cash contract revenue from its Lilly agreement after opting out of ocadusertib development. Net income hit $59.6 million, boosting cash to $108.4 million. The company raised its full-year revenue outlook to $270–$280 million. Enrollment wrapped in R289's Phase 1b MDS trial.
10-Q
Q2 FY2025 results
Rigel Pharmaceuticals swung to profitability in Q2 FY2025 ended June 30, 2025, with total revenues surging 176% y/y to $101.7M on $58.9M net product sales (up 76% y/y, derived) and $42.7M collaboration revenues, fueled by a $40M release of a prior cost-share liability with Lilly after opting out of further ocadusertib funding. Operating income rocketed to $61.1M from near-breakeven last year, while diluted EPS hit $3.28 versus a $0.06 loss, reconciling neatly to 18.2M shares. Product sales grew across TAVALISSE, REZLIDHIA, and new GAVRETO launch, with YTD revenues up 133% to $155.0M. Cash and equivalents stood at $53.4M plus $55.0M short-term investments, against $59.8M loans payable (maturing 2027 at SOFR+6.50%, no covenant breaches); free cash flow not disclosed in the 10-Q. Yet competition from generics looms for TAVALISSE.
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