NASDAQ$MLTX

MoonLake Immunotherapeutics · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

MoonLake Immunotherapeutics reported Q3 2025 with a net loss of $70.7M ($1.45 per share).

The company had no product revenue while advancing SLK (sonelokimab) in immunology indications. Net loss was $70.7 million, or $(1.45) per share, reflecting clinical trial and preparation spend.

  • Pre-commercial quarter focused on SLK development.
  • Net loss $70.7M; EPS $(1.45).
  • HS and other indications in Phase 3 preparation.
  • Cash runway and partnership options support the program.

Headline financials

Total Revenue

$350M

Previous: $0.00
EPS (adj)

-$1.45

Previous: -$0.56-158.9%
Net Income

-$70.7M

Previous: -$35.4M-99.8%
Operating Income

$71.4K

Previous: -$43.1M+100.2%

Revenue & EPS history

MoonLake · Revenue · Quarterly

$350M

Q3 2025

Forward guidance

The filing discusses MoonLake Immunotherapeutics's outlook, capital priorities, and key risks, including guidance or operating targets where disclosed.

Tailwinds

  • MoonLake Immunotherapeutics cites execution and demand supporting the near-term outlook.
  • Balance sheet and capital allocation remain focal points in the filing.

Headwinds

  • GAAP profitability remained under pressure in the quarter.
  • Macro, competition, and input costs may pressure margins quarter to quarter.
  • One-time items and segment mix can affect comparability versus prior periods.
  • Clinical and regulatory timelines drive funding needs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+0.3%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+7.7%

Avg return

30 days after

41%

7 / 17 earnings

Positive

+23.1%

Q2 2022

Best reaction

-10.4%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.2%-2.9%-4.8%
Q3 2025-2.8%+11.0%+40.7%
Q1 2025+4.7%-2.2%+14.8%
Q4 2024-4.5%-2.5%-2.1%
Q3 2024+0.6%+0.8%+5.5%
Q1 2024-4.2%-8.1%-4.7%
Q4 2023-10.4%-15.3%-11.6%
Q3 2023+7.1%+16.6%+57.3%
Q2 2023+3.5%+3.8%-5.7%
Q1 2023+0.2%+5.5%+9.6%
Q4 2022-4.9%-9.2%-5.6%
Q3 2022-0.1%-5.4%+4.0%
Q2 2022+23.1%+45.8%+33.0%
Q1 2022-6.1%+4.3%+2.6%
Q2 2021-0.1%+0.0%-0.1%
Q4 2021-0.1%+0.0%-0.1%
Q3 2021-1.3%-1.3%-1.3%

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