NASDAQ$APGE

Apogee Therapeutics Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Apogee Therapeutics reported full year 2024 financial results and provided pipeline progress.

Apogee Therapeutics reported full year 2024 financial results, highlighting the accelerated execution of the Phase 2 APEX clinical trial for APG777 and the positive interim Phase 1 results for APG990. The company's cash, cash equivalents, and marketable securities totaled $731.1 million, providing a runway into Q1 2028.

  • Phase 2 APEX clinical trial for APG777 is progressing faster than expected.
  • APG279 Phase 1b head-to-head study vs. DUPIXENT is supported by positive APG990 interim Phase 1 results.
  • APG990 demonstrated potential for three- and six-month dosing in combination with APG777.
  • Cash, cash equivalents and marketable securities totaled $731.1 million, providing runway into Q1 2028.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$1.19

Previous: -$0.32-271.9%
Cash and Cash Equivalents

$731M

No prior period
Research and Development Expenses

$168M

No prior period
General and Administrative Expenses

$49M

No prior period
Capital Expenditures

$1K

Previous: $167K-99.4%
Net Income

-$67.2M

Previous: -$31.7M-112.0%
Operating Income

-$75.9M

Previous: -$37.2M-104.2%
Gross Profit

-$76K

Previous: $0.00
R&D Expense

$60.2M

No prior period

Revenue & EPS history

Apogee · Revenue · Quarterly

$0

Q4 2024

Forward guidance

Apogee Therapeutics is looking forward to an exciting and productive 2025 with several meaningful catalysts expected.

Historical earnings impact

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

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+5.6%

Avg return

Earnings day

+9.2%

Avg return

5 days after

+10.9%

Avg return

30 days after

53%

8 / 15 earnings

Positive

+59.8%

Q4 2023

Best reaction

-12.7%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+1.2%+4.4%+20.3%
Q3 2025+3.8%+19.7%+39.0%
Q2 2025-2.2%+5.4%+5.9%
Q1 2025-0.0%-1.1%+9.4%
Q4 2024-0.2%+14.9%+20.3%
Q3 2024-12.7%-21.8%-26.7%
Q2 2024+9.7%+11.7%+25.0%
Q1 2023+1.5%-5.5%-16.7%
Q1 2024+1.5%-5.5%-16.7%
Q4 2023+59.8%+61.8%+41.4%
Q3 2023+12.8%+20.6%+45.9%
Q3 2022+12.8%+20.6%+45.9%
Q4 2022-1.1%+4.0%-9.6%
Q2 2022-1.1%+4.0%-9.6%
Q2 2023-1.1%+4.0%-9.6%
Q1 2022

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