NASDAQ$KNSA

Kiniksa Pharmaceuticals Ltd · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported third quarter financial results and recent portfolio execution.

Kiniksa Pharmaceuticals reported Q3 2021 financial results, highlighting ARCALYST's launch performance in recurrent pericarditis and progress in the clinical-stage pipeline, including mavrilimumab and vixarelimab.

  • ARCALYST net revenue was $12.1 million in Q3 2021.
  • More than 200 physicians have prescribed ARCALYST for recurrent pericarditis since approval.
  • Phase 3 trial data for mavrilimumab in COVID-19-related ARDS is expected in Q1 2022.
  • Phase 2b trial data for vixarelimab in prurigo nodularis is expected in 2H 2022.

Headline financials

Total Revenue

$12.1M

No prior period
EPS (adj)

-$0.44

Previous: -$0.66+33.3%
Capital Expenditures

-$164K

No prior period
Free Cash Flow

-$30.7M

No prior period
Net Income

-$30.5M

No prior period
Operating Income

-$30.7M

No prior period
Gross Profit

$9.33M

No prior period
Cash & Equivalents

$190M

No prior period
Total Assets

$253M

No prior period
Stock-Based Comp

$6.2M

No prior period

Revenue & EPS history

Kiniksa · Revenue · Quarterly

$12.1M

Q3 2021
Beat estimate in 11 of 13 quarters(85%)
ActualEstimate

Revenue by segment

Kiniksa · $12.1M total across 1 segment · Q3 2021

  • ARCALYST
    $12.1M

Forward guidance

Kiniksa expects to initiate a Phase 2 proof-of-concept trial of KPL-404 in rheumatoid arthritis by the end of 2021 and anticipates continued commercial demand for ARCALYST.

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 2021

Historical avgQ3 2021

+5.3%

Avg return

Earnings day

+5.2%

Avg return

5 days after

+7.8%

Avg return

30 days after

55%

17 / 31 earnings

Positive

+45.8%

Q3 2021

Best reaction

-16.6%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+23.5%+26.7%+16.6%
Q4 2025-4.7%-6.1%-1.3%
Q3 2025-2.9%-8.8%+4.8%
Q1 2025+20.5%+28.8%+26.6%
Q4 2024+0.5%+3.3%+19.0%
Q3 2024-16.6%-18.5%-19.1%
Q2 2024+17.8%+22.1%+22.5%
Q1 2024+4.4%+4.6%+12.1%
Q4 2023+1.2%-3.4%-5.6%
Q3 2023-3.4%+3.3%+3.1%
Q2 2023+35.2%+26.8%+18.1%
Q1 2023+24.2%+24.7%+29.0%
Q4 2022-5.6%-7.8%-19.7%
Q3 2022+8.6%+21.7%+49.3%
Q2 2022+17.3%+29.9%+14.7%
Q1 2022+5.1%-6.8%-18.4%
Q4 2021-6.8%-3.4%-7.2%
Q3 2021+45.8%+41.8%+8.8%
Q2 2021-1.4%-5.4%-10.0%
Q1 2021-9.0%-11.4%-19.4%
Q4 2020-6.3%-11.9%-28.5%
Q3 2020-5.9%-7.2%+9.6%
Q2 2020+0.8%-1.2%-14.7%
Q1 2020-7.0%-9.2%-0.6%
Q4 2019-0.7%+6.1%-29.5%
Q3 2019+15.7%+24.5%+80.8%
Q2 2019-2.4%-12.1%-9.4%
Q1 2019+8.2%+2.6%+6.5%
Q4 2018-6.1%-0.2%+20.2%
Q3 2018+11.9%+5.1%+6.2%
Q2 2018+1.7%+3.5%+78.2%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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