NASDAQ$ACET

Adicet Bio Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Adicet Bio reported its first quarter 2025 financial results, highlighting progress in clinical trials for autoimmune diseases and cancer, and provided business updates.

Adicet Bio reported a net loss of $28.2 million for Q1 2025, a slight increase from $28.0 million in Q1 2024. The company's cash and cash equivalents stood at $150.4 million, and it expects this to fund operations into the second half of 2026. Key operational highlights include ongoing patient enrollment in Phase 1 trials for ADI-001 in autoimmune diseases and ADI-270 in ccRCC, with preliminary data expected in 2H/2025.

  • Net loss for Q1 2025 was $28.2 million, compared to $28.0 million in Q1 2024.
  • Cash and cash equivalents were $150.4 million as of March 31, 2025, down from $176.3 million at the end of 2024.
  • Preliminary clinical data for ADI-001 in autoimmune diseases and ADI-270 in ccRCC are expected in the second half of 2025.
  • ADI-001 received two new Fast Track Designations from the FDA for refractory SLE with extrarenal involvement and for SSc.

Headline financials

Total Revenue

$0.00

Previous: $182M-100.0%
EPS (adj)

-$0.31

Previous: -$0.35+11.4%
Weighted-average shares used in net loss per share

91.1M

No prior period
Research and development expenses

$22.8M

Previous: $23.9M-4.5%
General and administrative expenses

$7.07M

Previous: $6.97M+1.4%
Interest income

$1.68M

Previous: $2.92M-42.3%
Interest expense

$0.00

Previous: $2K-100.0%
Other expense, net

$12K

Previous: $61K-80.3%
Total operating expenses

$29.9M

Previous: $30.9M-3.2%
Comprehensive loss

-$28.2M

Previous: -$28M-0.8%
Unrealized gain on treasury securities, net of tax

-$25K

No prior period
Capital Expenditures

-$1.49M

Previous: -$239K-524.3%
Net Income

-$28.2M

Previous: -$28M-0.7%
Operating Income

-$29.9M

Previous: -$30.9M+3.2%

Revenue & EPS history

Adicet Bio · Revenue · Quarterly

$0

Q1 2025-100%vs Q1 2024
Beat estimate in 2 of 10 quarters(20%)
ActualEstimate

Forward guidance

Adicet Bio anticipates significant data milestones in the second half of 2025, with preliminary Phase 1 data expected from its ADI-001 and ADI-270 programs. The company expects its current cash, cash equivalents, and short-term investments to fund operating expenses into the second half of 2026.

Tailwinds

  • Preliminary Phase 1 data for ADI-001 in autoimmune diseases and ADI-270 in ccRCC expected in 2H/2025.
  • Enrollment expanded for ADI-001 Phase 1 trial to include lupus nephritis (LN) and systemic lupus erythematosus (SLE) patients.
  • ADI-001 granted two new Fast Track Designations by the FDA for refractory SLE with extrarenal involvement and for SSc.
  • Company expects to initiate enrollment for additional autoimmune diseases (SSc, IIM, SPS, AAV) in the ADI-001 Phase 1 trial in 3Q/2025.
  • Cash position is expected to fund operating expenses into the second half of 2026.

Headwinds

  • Clinical studies may fail to demonstrate adequate safety and efficacy of product candidates.
  • Regulatory approval processes are lengthy, time-consuming, and inherently unpredictable.
  • Positive results from preclinical or interim clinical studies may not necessarily be predictive of future study results.
  • Ability to meet production and product release expectations may be challenging.
  • Global economic conditions and public health emergencies could impact business and financial results.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.1%

Avg return

Earnings day

+1.2%

Avg return

5 days after

-5.2%

Avg return

30 days after

52%

16 / 31 earnings

Positive

+29.7%

Q4 2021

Best reaction

-9.1%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.4%-5.3%
Q4 2025-3.2%-1.6%-4.0%
Q3 2025-3.6%-6.4%-22.6%
Q1 2025-6.9%-7.5%-7.9%
Q4 2024-2.3%+15.0%-33.8%
Q3 2024+1.5%-3.8%-19.8%
Q2 2024+7.9%+20.5%+20.5%
Q1 2024-2.8%+11.1%+0.7%
Q4 2023+9.7%+12.3%+3.8%
Q3 2023-4.9%-10.3%+4.9%
Q2 2023+6.8%-2.7%-23.2%
Q1 2023+4.1%-4.5%-14.9%
Q4 2022-3.1%-19.5%-29.5%
Q3 2022+1.9%+11.0%+3.8%
Q2 2022-9.1%-11.0%-4.9%
Q1 2022+8.6%+13.1%+9.6%
Q4 2021+29.7%+31.0%+37.6%
Q3 2021+3.2%+0.8%+49.7%
Q2 2021+8.1%-5.9%+6.4%
Q1 2021+1.5%+7.7%-22.5%
Q4 2020-0.7%+6.2%-11.2%
Q3 2020+5.9%+9.2%+22.3%
Q2 2020+0.4%+4.4%-17.3%
Q1 2020+9.1%+10.3%+24.6%
Q4 2019-8.5%-17.1%-6.0%
Q3 2019-5.3%+6.7%-85.2%
Q2 2019-3.5%-3.7%-22.2%
Q1 2019-4.6%-7.3%+1.3%
Q4 2018-8.3%-10.8%-23.3%
Q3 2018-5.8%-5.2%-2.7%
Q2 2018+5.1%-0.9%+9.3%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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