NASDAQ$MCRB
Seres Therapeutics Inc · Q1 2025 earnings
Q1 2025 earnings · · Before market open · Investor relations
Briefing
Seres Therapeutics reported first quarter 2025 financial results and provided business updates.
Seres Therapeutics reported a net income of $32.7 million for the first quarter of 2025, a significant improvement from a net loss of $32.9 million in the same period last year, primarily driven by a $50.0 million installment payment from Nestlé. The company also made significant progress in advancing SER-155, including plans to submit a Phase 2 study protocol to the FDA.
- Net income from continuing operations was $32.7 million for Q1 2025, compared to a net loss of $32.9 million in Q1 2024.
- Research and development (R&D) expenses decreased to $11.8 million in Q1 2025 from $19.5 million in Q1 2024.
- General and administrative (G&A) expenses decreased to $11.9 million in Q1 2025 from $14.9 million in Q1 2024.
- The company expects to submit a Phase 2 study protocol for SER-155 to the FDA in the coming weeks.
Headline financials
Revenue & EPS history
Seres Therapeutics · Revenue · Quarterly
$0
Forward guidance
Seres Therapeutics anticipates submitting a Phase 2 study protocol for SER-155 to the FDA in the coming weeks and expects to receive a $25 million installment payment from Nestlé in July 2025. The company expects to fund operations into the first quarter of 2026.
Tailwinds
- Submission of SER-155 Phase 2 study protocol to FDA in the coming weeks.
- Anticipated receipt of $25 million installment payment from Nestlé in July 2025.
- Expectation to fund operations into the first quarter of 2026 based on current cash and anticipated payments.
- Presentation of additional SER-155 clinical results at ASCO 2025 conference.
- Continued strategic partnership discussions for SER-155 development.
Headwinds
- Additional capital is required to support the SER-155 Phase 2 study.
- The company has incurred significant losses and is not currently profitable.
- The expected payments from the VOWST sale are subject to risks and uncertainties.
- The company may not be able to realize the anticipated benefits of the VOWST sale.
- The company relies on third parties to conduct clinical trials and manufacture product candidates.
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 2025
-0.3%
Avg return
Earnings day
-1.0%
Avg return
5 days after
+9.8%
Avg return
30 days after
44%
19 / 43 earnings
Positive
+29.9%
Q4 2016
Best reaction
-17.6%
Q4 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.1% | +0.5% | -10.6% | |
| Q4 2025 | -4.4% | +5.1% | -6.8% | |
| Q3 2025 | -8.4% | +2.2% | +21.2% | |
| Q1 2025 | -3.7% | -7.8% | -3.7% | |
| Q4 2024 | -7.9% | +7.8% | -14.7% | |
| Q3 2024 | -10.8% | -12.8% | +32.4% | |
| Q2 2024 | +1.5% | -1.1% | +7.9% | |
| Q1 2024 | -7.2% | -13.1% | -44.7% | |
| Q4 2023 | -11.4% | -14.8% | -33.8% | |
| Q3 2023 | -9.7% | -15.3% | -25.7% | |
| Q2 2023 | -12.6% | -16.1% | -29.7% | |
| Q1 2023 | -4.5% | -7.7% | +0.7% | |
| Q4 2022 | +8.2% | -4.2% | +5.1% | |
| Q3 2022 | -0.7% | -13.1% | -21.2% | |
| Q2 2022 | +19.0% | +18.3% | +31.5% | |
| Q1 2022 | -10.1% | -22.7% | -30.4% | |
| Q4 2021 | -7.3% | -21.3% | -11.0% | |
| Q3 2021 | +10.3% | +13.7% | +39.3% | |
| Q2 2021 | +0.9% | -0.7% | -3.8% | |
| Q1 2021 | +3.8% | +1.9% | -9.3% | |
| Q4 2020 | -14.4% | -7.6% | -0.8% | |
| Q3 2020 | -3.9% | -0.4% | -31.0% | |
| Q2 2020 | -3.1% | -11.0% | +488.1% | |
| Q1 2020 | +21.1% | +29.5% | +23.2% | |
| Q4 2019 | +7.3% | +12.1% | +4.8% | |
| Q3 2019 | -2.1% | -2.9% | -3.2% | |
| Q2 2019 | +5.3% | +10.2% | +42.2% | |
| Q1 2019 | -17.5% | -20.1% | -44.2% | |
| Q4 2018 | -17.6% | +0.5% | +1.3% | |
| Q3 2018 | +3.8% | +0.0% | -5.4% | |
| Q2 2018 | +1.6% | +2.8% | +18.2% | |
| Q1 2018 | -0.7% | +0.0% | +0.4% | |
| Q4 2017 | -4.0% | -6.2% | -26.5% | |
| Q3 2017 | +4.1% | +0.8% | +6.5% | |
| Q2 2017 | +2.8% | +1.8% | +4.1% | |
| Q1 2017 | +2.3% | +1.6% | -2.6% | |
| Q4 2016 | +29.9% | +19.7% | +14.6% | |
| Q3 2016 | +8.2% | +8.9% | -14.1% | |
| Q2 2016 | +14.3% | +21.0% | +13.5% | |
| Q1 2016 | +6.5% | — | — | |
| Q4 2015 | +0.9% | — | — | |
| Q3 2015 | -2.1% | — | — | |
| Q2 2015 | -0.1% | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — |
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