NASDAQ$CMPX

Compass Therapeutics Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Compass Therapeutics, Inc. reported its financial results for the first quarter of 2025, showing a net loss of $16.633 million and a decrease in cash and cash equivalents.

Compass Therapeutics, Inc. reported a net loss of $16.633 million for the first quarter of 2025, an increase from the $10.787 million net loss in the same period last year. The company's cash and cash equivalents decreased to $41.048 million, and total assets were $131.451 million. Research and development expenses increased significantly, primarily due to manufacturing expenses for tovecimig and a new program, CTX-10726.

  • Net loss for Q1 2025 was $16.633 million, a substantial increase from $10.787 million in Q1 2024.
  • Research and development expenses rose by $3.5 million, or 37%, driven by increased manufacturing costs for tovecimig and the new CTX-10726 program.
  • Cash and cash equivalents stood at $41.048 million as of March 31, 2025, down from $43.483 million at December 31, 2024.
  • The company expects its current cash resources to fund operating expenses and capital expenditure requirements into the first quarter of 2027.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.12

Previous: -$0.08-50.0%
R&D Expenses

$13.1M

Previous: $9.52M+37.1%
G&A Expenses

$4.91M

Previous: $3.25M+51.2%
Other Income

$1.33M

Previous: $1.98M-32.8%
Weighted Avg Shares

138.3M

Previous: 137.6M+0.5%
Total Stockholders Equity

$110M

Previous: $157M-29.8%
Cash Runway Until

2.0K

No prior period
Capital Expenditures

$0.00

No prior period
Net Income

-$16.6M

Previous: -$10.8M-54.0%
Operating Income

-$18M

No prior period
Gross Profit

-$359K

No prior period
R&D Expense

$12.9M

No prior period

Revenue & EPS history

Compass · Revenue · Quarterly

$0

Q1 2025

Forward guidance

Compass Therapeutics, Inc. anticipates continued significant expenses as it advances its clinical development programs and pursues regulatory approvals. The company expects to require additional funding beyond its current cash resources to complete its clinical development, commercialize products, and pursue new acquisitions or licenses.

Tailwinds

  • Successful advancement of product candidates through clinical development.
  • Potential for new product candidates to enter clinical trials.
  • Successful establishment and maintenance of intellectual property portfolio.
  • Effective management of costs related to growing the business and hiring key personnel.
  • Positive market acceptance and adequate reimbursement for approved product candidates.

Headwinds

  • Uncertainty regarding the timing and cost of clinical trials and nonclinical studies.
  • Potential for regulatory authorities to require additional studies or change requirements.
  • Risks associated with acquiring, licensing, or investing in additional businesses or technologies.
  • Challenges in selecting and validating manufacturing sites for commercial-scale production.
  • Difficulties in establishing sales, marketing, and distribution capabilities for new products.

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 Q1 2025

Historical avgQ1 2025

-1.9%

Avg return

Earnings day

+0.9%

Avg return

5 days after

-1.4%

Avg return

30 days after

47%

9 / 19 earnings

Positive

+10.3%

Q1 2023

Best reaction

-17.6%

Q1 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-3.0%-2.1%-4.2%
Q3 2025+1.1%+12.9%+45.9%
Q1 2025+4.0%+2.0%+19.3%
Q4 2024-1.7%-6.4%-33.0%
Q3 2024-11.1%-27.4%-20.5%
Q2 2024+10.1%+6.4%+37.6%
Q1 2024+1.3%+0.0%-25.0%
Q4 2023+0.5%-6.6%-30.7%
Q3 2023-9.9%-11.0%+1.2%
Q2 2023-3.8%-5.3%-9.2%
Q1 2023+10.3%+13.3%-1.8%
Q4 2022-5.0%-10.8%-13.9%
Q3 2022-4.0%+10.4%+1.4%
Q2 2022+1.2%+2.3%+5.8%
Q1 2022-3.0%+50.3%+63.9%
Q4 2021+6.2%+4.6%+20.8%
Q3 2021+0.3%+7.2%-16.2%
Q2 2021-11.9%-6.0%-16.7%
Q1 2021-17.6%-17.6%-50.6%
Q4 2020
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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