NASDAQ$BCRX

BioCryst Pharmaceuticals Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

BioCryst reported strong revenue growth and reduced losses in Q4 2024.

BioCryst Pharmaceuticals posted total revenue of $131.5 million in Q4 2024, a 40.8% increase year-over-year. ORLADEYO sales grew 36.6% to $124.2 million. The company's GAAP net loss improved to $26.8 million from $61.7 million in the prior year quarter. Non-GAAP operating profit reached $16.8 million, compared to a loss of $26.2 million in Q4 2023.

  • Total revenue rose 40.8% year-over-year to $131.5 million.
  • ORLADEYO net revenue grew 36.6% to $124.2 million.
  • GAAP net loss narrowed to $26.8 million from $61.7 million.
  • Non-GAAP operating profit of $16.8 million versus a $26.2 million loss last year.

Headline financials

Total Revenue

$132M

Previous: $93.4M+40.8%
EPS (adj)

-$0.13

Previous: -$0.28+53.6%
R&D Expenses

$49.4M

Previous: $70.1M-29.5%
SG&A Expenses

$80.5M

Previous: $64.4M+25.0%
Interest Expense

$24.4M

Previous: $24.6M-0.6%
Capital Expenditures

-$675K

No prior period
Net Income

-$26.8M

Previous: -$61.7M+56.6%
Operating Income

-$4.51M

Previous: -$61.7M+92.7%
Gross Profit

$125M

Previous: $91.3M+37.0%
R&D Expense

$49.1M

Previous: $70.1M-29.9%

Revenue & EPS history

BioCryst · Revenue · Quarterly

$132M

Q4 2024+40.8%vs Q4 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

BioCryst raised its FY 2025 ORLADEYO revenue guidance to $535-$550 million, up from the previous range of $515-$535 million. The company expects positive EPS and cash flow in the second half of 2025.

Tailwinds

  • ORLADEYO revenue guidance raised to $535-$550 million.
  • Total revenue projected between $560-$575 million for FY 2025.
  • Sustained revenue growth expected to outpace expenses.
  • Non-GAAP operating expenses forecasted at $425-$435 million.
  • Targeting positive EPS and cash flow in 2H 2025.

Headwinds

  • Operating expenses expected to rise due to cost of goods sold and distribution costs.
  • Higher incentive compensation may impact short-term profitability.
  • Net losses remain despite improvement in profitability metrics.
  • Continued investment in pipeline programs may limit near-term cash flow improvements.
  • Regulatory approvals for expanded ORLADEYO indications could take longer than expected.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.3%

Avg return

Earnings day

+3.1%

Avg return

5 days after

+5.6%

Avg return

30 days after

41%

26 / 64 earnings

Positive

+26.0%

Q2 2022

Best reaction

-38.0%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.2%-5.0%-7.0%
Q4 2025+4.8%+15.1%+23.6%
Q3 2025-5.4%-3.1%+7.2%
Q1 2025+23.7%+11.6%+23.6%
Q4 2024-10.0%-6.5%-15.3%
Q3 2024-16.3%-7.7%-13.0%
Q2 2024+12.1%+8.7%+17.9%
Q1 2024+18.2%+19.6%+52.6%
Q4 2023+2.8%-1.6%-9.8%
Q3 2023+5.4%+5.9%+7.3%
Q2 2023+9.4%+1.0%+4.7%
Q1 2023+14.9%+15.2%+13.3%
Q4 2022-4.2%-10.8%-20.4%
Q3 2022-10.0%-6.8%-2.9%
Q2 2022+26.0%+29.6%+26.2%
Q1 2022-10.7%-15.5%+2.7%
Q4 2021-6.0%-6.4%-9.9%
Q3 2021-23.3%-19.3%-24.4%
Q2 2021+8.3%-6.5%-3.7%
Q1 2021+22.8%+13.7%+52.5%
Q4 2020-8.7%-0.6%-12.4%
Q3 2020-4.4%-4.4%+42.9%
Q2 2020-5.7%-5.9%-13.1%
Q1 2020-0.8%+40.3%+5.6%
Q4 2019+17.1%-19.9%-44.4%
Q3 2019+1.5%-5.9%+31.5%
Q2 2019-2.1%-0.4%+10.6%
Q1 2019+1.7%-1.0%-54.0%
Q4 2018-3.0%-7.5%+0.2%
Q3 2018+0.8%-2.9%+12.9%
Q2 2018+9.2%+24.8%+31.1%
Q1 2018-4.1%-1.1%+10.4%
Q4 2017-1.6%-0.4%-5.5%
Q3 2017-3.1%-0.6%-5.8%
Q2 2017-12.0%-11.2%-2.7%
Q1 2017-12.4%-13.4%-14.7%
Q4 2016+13.7%+39.9%+54.6%
Q3 2016+19.4%+36.6%+40.9%
Q2 2016+2.7%+22.8%+4.2%
Q1 2016-5.3%
Q4 2015-12.0%
Q3 2015-7.6%
Q2 2015-14.1%
Q1 2015+9.2%
Q4 2014-0.1%
Q3 2014+8.1%
Q2 2014-1.4%
Q1 2014+4.6%
Q4 2013-6.0%
Q3 2013+13.2%
Q2 2013-9.1%
Q1 2013-2.7%
Q4 2012-1.6%
Q3 2012-38.0%
Q2 2012-1.2%
Q1 2012-0.5%
Q4 2011+0.2%
Q3 2011-2.0%
Q2 2011-18.0%
Q1 2011+3.0%
Q4 2010-2.6%
Q3 2010-3.2%
Q2 2010-5.1%
Q1 2010+2.1%

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