NASDAQ$BTAI

Bioxcel Therapeutics Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

BTAI reported Q3 2025 revenue of $1.2M, a net loss of $28.0M.

For Q3 2025, BTAI reported Revenue was $1.2M, net loss was $28.0M. The filing discusses operating performance, liquidity, and outlook in MD&A.

  • Revenue $1.2M for Q3 2025.
  • Net loss $28.0M.
  • MD&A covers R&D, cash runway, and sector-specific risks.

Headline financials

Total Revenue

$98K

Previous: $214K-54.2%
EPS (adj)

-$2.18

Previous: -$0.32-581.3%
Selling, general and administrative

$5.38M

No prior period
Total operating expenses

$14.3M

No prior period
Interest expense

$4.37M

No prior period
Interest income

$236K

No prior period
Other income (expense), net

$12.5M

No prior period
Weighted average shares outstanding

14.2M

No prior period
Research and development

$8.74M

No prior period
Capital Expenditures

$0.00

Previous: -$20K+100.0%
Net Income

-$30.9M

Previous: -$13.7M-126.5%
Operating Income

-$14.2M

Previous: -$15.3M+7.0%

Revenue & EPS history

Bioxcel Therapeutics · Revenue · Quarterly

$98K

Q3 2025-54.2%vs Q3 2024
Beat estimate in 3 of 15 quarters(20%)
ActualEstimate

Revenue by segment

Bioxcel Therapeutics · $206K total across 1 segment · Q1 2026

  • IGALMI
    $206K

Forward guidance

Outlook focuses on cash runway, pipeline milestones, and cost discipline as the company works toward profitability.

Tailwinds

  • Cash and equivalents support operations into upcoming milestones.
  • Clinical or product pipeline progress noted in MD&A.

Headwinds

  • Ongoing operating losses and R&D spend pressure near-term earnings.
  • Financing, dilution, or partnership timing may affect liquidity.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-3.1%

Avg return

Earnings day

-5.5%

Avg return

5 days after

-9.4%

Avg return

30 days after

30%

10 / 33 earnings

Positive

+38.7%

Q3 2022

Best reaction

-44.1%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-5.6%-8.7%
Q1 2026-5.8%-9.9%-5.0%
Q3 2025-16.0%-9.4%-0.5%
Q2 2025+6.5%-14.4%-47.0%
Q1 2025+0.0%-4.8%+6.8%
Q4 2024+6.0%-11.9%-14.2%
Q3 2024-8.2%-2.6%-33.4%
Q2 2024-1.0%-20.5%-35.9%
Q1 2024-1.4%+0.5%-33.3%
Q4 2023-1.0%-7.6%-3.8%
Q3 2023-20.1%-25.0%-41.2%
Q2 2023-44.1%-41.5%-54.3%
Q1 2023+17.7%+18.6%-9.6%
Q4 2022-27.2%-28.3%-39.1%
Q3 2022+38.7%+41.1%+49.2%
Q2 2022-9.7%-5.9%-9.4%
Q1 2022-10.6%-6.5%-6.7%
Q4 2021-8.3%-20.3%-9.4%
Q3 2021-2.4%-19.7%-35.5%
Q2 2021+2.2%-1.6%+19.3%
Q1 2021+8.1%+3.1%+27.2%
Q4 2020+3.8%+2.0%-20.7%
Q3 2020-4.1%-8.6%-23.8%
Q2 2020-4.7%-6.3%+0.5%
Q1 2020+0.1%+9.6%+6.7%
Q4 2019-3.9%-39.8%-35.5%
Q3 2019+12.4%+40.6%+48.3%
Q2 2019-15.1%-7.5%+2.6%
Q1 2019+12.8%+9.4%+5.3%
Q4 2018-6.6%+12.3%+23.1%
Q3 2018-7.9%-12.6%-21.8%
Q2 2018-1.8%-9.6%-8.5%
Q1 2018-4.9%+3.6%-1.9%

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