NASDAQ$KALV

KalVista Pharmaceuticals Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Reported second quarter fiscal year results and provided operational update

KalVista Pharmaceuticals reported no revenue for the second fiscal quarter ended October 31, 2024. The company's research and development expenses were $16.6 million, while general and administrative expenses were $29.2 million. The company had cash, cash equivalents and marketable securities of $135.8 million, with a pro forma balance of $292.2 million.

  • FDA accepted the New Drug Application (NDA) for sebetralstat with a PDUFA goal date of June 17, 2025.
  • Filed Marketing Authorization Applications (MAA) to regulatory authorities in the United Kingdom, Switzerland, Australia and Singapore.
  • Presented new sebetralstat data at the 2024 American College of Allergy Asthma and Immunology and the 2024 HAEi Global Angioedema Forum.
  • Raised $160 million in aggregate gross proceeds through concurrent synthetic royalty financing and equity offerings.

Headline financials

Total Revenue

$50M

Previous: $0.00
EPS

-$0.91

Previous: -$0.80-13.7%
Capital Expenditures

-$129K

Previous: -$2K-6350.0%
Free Cash Flow

-$42.4M

Previous: -$19.8M-113.8%
Net Income

-$42.3M

Previous: -$27.7M-52.6%
Operating Income

-$45.8M

Previous: -$29.7M-54.0%
Gross Profit

$50M

Previous: $0.00
R&D Expense

$16.6M

Previous: $19.1M-13.0%

Revenue & EPS history

KalVista · Revenue · Quarterly

$50M

Q2 2025
Beat estimate in 1 of 3 quarters(33%)
ActualEstimate

Forward guidance

KalVista anticipates that the pro forma balance of $292.2 million provides sufficient runway into the second half of 2027.

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 Q2 2025

Historical avgQ2 2025

-0.3%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.7%

Avg return

30 days after

49%

21 / 43 earnings

Positive

+20.3%

Q4 2018

Best reaction

-26.3%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+1.1%+26.3%+56.4%
Q1 2026-3.8%-12.3%-25.3%
Q4 2025-3.1%-5.1%-22.4%
Q3 2025+2.0%-2.6%+5.1%
Q2 2025-4.2%-0.2%-4.5%
Q1 2025-4.5%-13.2%-12.1%
Q4 2024+3.7%+21.3%+2.6%
Q3 2024-13.0%-16.9%-16.9%
Q2 2024-9.0%+8.8%+26.8%
Q1 2024-4.0%-4.2%-12.2%
Q4 2023+17.0%+7.6%+23.5%
Q3 2023-10.4%-1.3%+2.7%
Q2 2023+9.8%+7.3%+27.8%
Q1 2023+1.4%-2.5%-68.4%
Q4 2022+10.6%+18.0%+37.5%
Q3 2022-9.3%-14.6%-16.4%
Q2 2022-0.4%-2.9%-4.2%
Q1 2022-0.6%-6.0%-14.4%
Q4 2021-3.0%-2.9%-14.0%
Q3 2021+3.4%+8.9%-16.8%
Q2 2021+5.2%+5.1%-7.0%
Q1 2021+2.0%+1.3%+9.8%
Q4 2020+7.2%+4.2%-18.8%
Q3 2020-26.3%-41.2%-20.9%
Q2 2020-1.8%-5.7%+18.9%
Q1 2020+8.7%+1.0%-29.4%
Q4 2019-0.5%+1.4%-6.7%
Q3 2019+10.4%+7.6%-0.2%
Q2 2019-14.0%-21.2%-15.5%
Q1 2019+9.6%+4.6%+20.6%
Q4 2018+20.3%+29.8%+94.0%
Q3 2018+4.7%+11.7%+0.8%
Q2 2018-4.8%-12.3%+0.2%
Q1 2018-21.5%-23.6%+9.8%
Q4 2017-0.8%-2.7%-11.6%
Q3 2017+1.9%-1.0%-12.2%
Q2 2017-1.9%-2.9%-1.6%
Q1 2017+0.4%+13.1%-13.3%
Q4 2016-3.2%
Q3 2016+7.1%
Q2 2016-3.2%
Q1 2016+1.3%
Q4 2015+2.4%
Q3 2015
Q2 2014
Q1 2014
Q4 2014
Q3 2013

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