NASDAQ$KRYS

Krystal Biotech Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Reported first quarter financial results and provided business updates.

Krystal Biotech reported strong uptake of VYJUVEK and progress across its clinical pipeline in Q1 2024. Net product revenue was $45.3 million, and the company has $622.3 million in cash and investments.

  • Net product revenue of $45.3 million in 1Q and $95.9 million since August.
  • First patient dosed in inhaled KB707 study for locally advanced or metastatic tumors of the lung.
  • Received Fast Track Designations for both inhaled and intratumoral KB707.
  • Strong balance sheet with $622.3 million in cash and investments.

Headline financials

Total Revenue

$45.3M

No prior period
EPS

$0.03

Previous: -$1.76+101.7%
R&D Expenses

$11M

No prior period
SG&A Expenses

$26.1M

No prior period
Capital Expenditures

-$1.26M

Previous: $5.38M-123.4%
Free Cash Flow

-$328K

Previous: -$31.5M+99.0%
Net Income

$932K

Previous: -$45.3M+102.1%
Operating Income

-$6.68M

Previous: -$48.8M+86.3%
Gross Profit

$1.21M

No prior period
R&D Expense

$11M

No prior period
Stock-Based Comp

$9.3M

Previous: $10.4M-10.9%

Revenue & EPS history

Krystal Biotech · Revenue · Quarterly

$45.3M

Q1 2024
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Revenue by segment

Krystal Biotech · $91.1M total across 1 segment · Q4 2024

  • VYJUVEK Net Product Revenue
    $91.1M

Forward guidance

The company anticipates approximately $150 million to $175 million of Non-GAAP Research and Development and Selling, General and Administrative expense for the year ending December 31, 2024.

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 Q1 2024

Historical avgQ1 2024

+1.3%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+9.5%

Avg return

30 days after

54%

19 / 35 earnings

Positive

+52.8%

Q4 2023

Best reaction

-14.0%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.6%+14.9%+13.3%
Q4 2025+4.0%-5.3%-6.7%
Q3 2025+4.9%+0.2%+10.1%
Q2 2025-14.0%-11.7%-4.3%
Q1 2025-13.8%-18.6%-18.3%
Q4 2024+12.4%+19.3%+19.4%
Q3 2024-1.1%+13.2%+6.4%
Q2 2024-6.9%-5.1%-3.1%
Q1 2024+0.4%-3.9%+4.1%
Q4 2023+52.8%+50.7%+59.2%
Q3 2023-10.7%-19.3%-16.1%
Q2 2023-6.7%-4.2%-0.2%
Q1 2023+9.0%+4.7%+51.2%
Q4 2022+4.4%+0.7%+2.0%
Q3 2022+7.7%+4.7%+1.6%
Q2 2022-5.2%-3.4%-17.1%
Q1 2022-4.7%+0.4%+15.4%
Q4 2021+2.6%-8.2%+7.0%
Q3 2021-7.4%-7.4%+48.5%
Q2 2021-1.6%-6.2%-3.2%
Q1 2021-7.2%-4.0%-7.6%
Q4 2020+6.8%-7.8%-2.3%
Q3 2020+2.6%+3.1%+35.0%
Q2 2020+0.5%+6.7%+11.7%
Q1 2020+13.7%+25.3%+3.8%
Q4 2019-0.7%-12.0%-12.0%
Q3 2019+1.6%+0.5%+43.5%
Q2 2019-4.0%-3.3%-6.2%
Q1 2019+2.6%+14.6%+1.1%
Q4 2018-4.1%+1.9%+55.6%
Q3 2018-4.7%-1.5%+5.4%
Q2 2018+2.7%+1.5%+6.1%
Q1 2018+0.1%+0.2%+23.5%
Q4 2017+5.8%+21.2%+2.9%
Q3 2017+6.0%+1.9%+4.1%
Q2 2017
Q1 2017
Q4 2016
Q3 2016

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