NASDAQ$BCYC

Bicycle Therapeutics plc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Bicycle Therapeutics reported Q3 2025, revenue of $11.7M, a net loss of $59.1M.

For Q3 2025, Bicycle Therapeutics reported revenue of $11.7M, a net loss of $59.1M. The filing highlights segment trends, liquidity, and management commentary on the period.

  • Revenue $11.7M.
  • Net loss $59.1M.
  • Bicycle Therapeutics discusses capital allocation and near-term priorities.

Headline financials

Total Revenue

$11.7M

Previous: $2.68M+338.5%
EPS (adj)

-$0.85

Previous: -$0.74-14.9%
R&D Expenses

$58.4M

Previous: $48.3M+21.1%
G&A Expenses

$18.9M

Previous: $18.3M+3.3%
Total Operating Expenses

$77.3M

Previous: $66.5M+16.2%
Capital Expenditures

-$1.78M

Previous: -$867K-104.8%
Net Income

-$59.1M

Previous: -$50.8M-16.3%
Operating Income

-$65.6M

Previous: -$63.8M-2.7%

Revenue & EPS history

Bicycle · Revenue · Quarterly

$11.7M

Q3 2025+338.5%vs Q3 2024
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

Management discusses operating priorities, capital allocation, and sector-specific risks in the quarterly filing.

Tailwinds

  • Headline results and segment commentary anchor the quarter.
  • Balance sheet and liquidity support ongoing operations.
  • Strategic initiatives cited in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.
  • Execution risk on guidance or restructuring plans.

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 Q3 2025

Historical avgQ3 2025

+1.2%

Avg return

Earnings day

-1.6%

Avg return

5 days after

+0.1%

Avg return

30 days after

52%

14 / 27 earnings

Positive

+19.3%

Q4 2019

Best reaction

-10.8%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%+3.6%-0.8%
Q4 2025-4.2%-13.9%+1.8%
Q3 2025+6.7%-16.0%-8.6%
Q1 2025+6.1%-13.6%-4.0%
Q4 2024-1.3%-2.5%-18.3%
Q3 2024-5.5%-2.2%-15.1%
Q2 2024-0.7%+2.1%-10.0%
Q1 2024+1.6%-4.6%-8.3%
Q4 2023+3.1%+9.5%+14.9%
Q3 2023+1.2%-0.7%-2.3%
Q2 2023+1.3%-2.8%-4.1%
Q1 2023-0.4%+2.5%+15.7%
Q4 2022-1.9%-5.5%-6.2%
Q3 2022-3.2%+0.8%+29.6%
Q2 2022+14.8%+17.7%+12.8%
Q1 2022-10.8%-22.6%-33.6%
Q4 2021-1.2%-9.7%-7.6%
Q3 2021+0.7%+2.5%-6.8%
Q2 2021+1.8%+2.3%+36.0%
Q1 2021+1.9%-1.3%-5.5%
Q4 2020+1.9%+2.0%+3.8%
Q3 2020-1.5%+3.1%+5.2%
Q2 2020-0.2%+0.0%+5.8%
Q1 2020+0.7%+6.6%+23.2%
Q4 2019+19.3%+1.5%-2.3%
Q3 2019-4.2%-7.7%-4.8%
Q2 2019+5.9%+5.4%-6.6%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017

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