NASDAQ$APLS

Apellis Pharmaceuticals Inc. · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

APLS Q2 2024 — $22.7M revenue

Swedish Orphan Biovitrum AB (Publ), or Sobi, or by any future collaborators, including the timing of initiation, dosing of patients, enrollment and completion of these trials and of the anticipated re. Apellis Pharmaceuticals Inc. reported Q2 2024 results. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $22.7M.
  • Operating income: $29K.
  • Filed on Form 10-Q (accession 0000950170-24-088938).

Headline financials

Total Revenue

$200M

Previous: $95M+110.3%
EPS

-$0.30

Previous: -$1.02+70.6%
Capital Expenditures

-$383K

Previous: -$631K+39.3%
Free Cash Flow

-$38M

Previous: -$123M+69.0%
Net Income

-$37.7M

Previous: -$122M+69.1%
Operating Income

-$29.4M

Previous: -$120M+75.6%
Gross Profit

-$5.6M

Previous: $86.6M-106.5%
Cash & Equivalents

$360M

Previous: $616M-41.6%
Total Assets

$904M

Previous: $916M-1.2%
R&D Expense

$77.9M

No prior period
Stock-Based Comp

$30M

Previous: $29.3M+2.4%

Revenue & EPS history

Apellis · Revenue · Quarterly

$200M

Q2 2024+110.3%vs Q2 2023
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Apellis · $110M total across 3 segments · Q3 2023

  • SYFOVRE U.S. Net Product Revenue
    $75.3M
  • EMPAVELI U.S. Net Product Revenue
    $23.9M+35.2%
  • Licensing and Other Revenue
    $11.2M+156.1%

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 Q2 2024

Historical avgQ2 2024

-0.7%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+6.0%

Avg return

30 days after

43%

15 / 35 earnings

Positive

+18.6%

Q4 2022

Best reaction

-24.4%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%-0.1%
Q4 2025-3.8%-6.7%-21.5%
Q3 2025-1.0%-6.9%+7.2%
Q2 2025+17.5%+27.4%+45.1%
Q1 2025-5.8%-8.4%+0.8%
Q4 2024-3.3%+0.0%-6.7%
Q3 2024+0.9%+5.0%+17.1%
Q2 2024-7.7%-11.3%-1.8%
Q1 2024-13.3%-14.0%-15.9%
Q4 2023-10.7%-10.9%-18.1%
Q3 2023+1.4%-6.6%+26.6%
Q2 2023-24.4%-23.4%+26.8%
Q1 2023+9.6%+5.2%+3.5%
Q4 2022+18.6%+20.2%+13.9%
Q3 2022-6.6%-10.5%-5.8%
Q2 2022+1.5%+7.3%+1.5%
Q1 2022-0.1%-17.6%+2.1%
Q4 2021+5.2%+2.3%+16.3%
Q3 2021+9.3%+27.4%+25.9%
Q2 2021-5.6%-9.3%-12.3%
Q1 2021+6.1%+10.5%+23.8%
Q4 2020+4.3%-1.3%-10.2%
Q3 2020+4.9%+12.9%+42.4%
Q2 2020-0.7%-2.5%-3.8%
Q1 2020-6.1%-6.6%-7.7%
Q4 2019+0.5%+5.0%-23.8%
Q3 2019+0.1%-2.5%-15.6%
Q2 2019-2.8%-12.5%+0.8%
Q1 2019+1.0%-3.2%+12.9%
Q4 2018-4.8%+22.4%+27.5%
Q3 2018-7.3%+2.4%+26.9%
Q2 2018-3.9%-4.3%+8.1%
Q1 2018-8.6%-1.8%-16.7%
Q4 2017-5.6%-5.8%+1.3%
Q3 2017+15.3%+28.3%+31.4%
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro