NASDAQ$STTK

Shattuck Labs In · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Shattuck Labs reported its first quarter 2025 financial results, highlighting progress in its SL-325 program and maintaining a strong cash position.

Shattuck Labs reported a net loss of $13.7 million for Q1 2025, an improvement from the $18.5 million loss in Q1 2024. The company's cash and cash equivalents stood at $60.9 million, expected to fund operations into 2027. Key developments include the advancement of the SL-325 program with an IND filing expected in Q3 2025.

  • Shattuck Labs reported a net loss of $13.7 million for the first quarter of 2025, compared to $18.5 million for the same period in 2024.
  • Cash and cash equivalents were approximately $60.9 million as of March 31, 2025, with operations expected to be funded into 2027.
  • The SL-325 program is on track for an IND filing in the third quarter of 2025, with the first patient in the Phase 1 clinical trial expected in the same quarter.
  • Research and Development expenses decreased to $9.9 million in Q1 2025 from $16.3 million in Q1 2024, reflecting the completion of wind-down activities for discontinued oncology programs.

Headline financials

Total Revenue

$0.00

Previous: $1.12M-100.0%
EPS (adj)

-$0.27

Previous: -$0.37+27.0%
R&D Expenses

$9.92M

No prior period
G&A Expenses

$4.47M

No prior period
Net Income

-$13.7M

Previous: -$18.5M+26.0%
Operating Income

-$14.4M

Previous: -$20M+28.2%

Revenue & EPS history

Shattuck Labs · Revenue · Quarterly

$0

Q1 2025-100%vs Q1 2024
Beat estimate in 7 of 9 quarters(78%)
ActualEstimate

Forward guidance

Shattuck Labs expects its current cash and cash equivalents to fund operations into 2027, beyond the results from its Phase 1 clinical trial for SL-325. The company anticipates an IND filing for SL-325 in Q3 2025 and expects to nominate a lead bispecific candidate from its preclinical pipeline in 2025.

Tailwinds

  • IND filing for SL-325 expected in the third quarter of 2025.
  • First patient in for the SAD portion of the Phase 1 clinical trial for SL-325 expected in the third quarter of 2025.
  • Phase 1 enrollment completion for SL-325 expected in the second quarter of 2026.
  • Company expects to nominate a lead bispecific candidate from its preclinical pipeline in 2025.
  • Cash balance of approximately $60.9 million as of March 31, 2025, expected to fund operations into 2027.

Headwinds

  • Guidance excludes any additional capital that may be received.
  • Guidance excludes proceeds from business development transactions.
  • Guidance excludes additional costs associated with clinical development activities that may be undertaken.
  • Actual results could be materially different from forward-looking statements due to various risks and uncertainties.
  • The unpredictable relationship between preclinical study results and clinical study results could impact outcomes.

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

Historical avgQ1 2025

-2.3%

Avg return

Earnings day

-3.1%

Avg return

5 days after

-1.1%

Avg return

30 days after

43%

10 / 23 earnings

Positive

+10.7%

Q2 2020

Best reaction

-34.2%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.4%-0.9%-31.6%
Q4 2025+7.8%+26.0%+35.7%
Q3 2025-4.5%-2.9%+52.0%
Q1 2025-0.1%-3.7%+21.3%
Q4 2024-7.0%-13.7%-30.2%
Q3 2024+1.6%-6.6%-6.6%
Q2 2024-8.3%-22.4%-9.8%
Q1 2024-0.7%-1.0%-32.0%
Q4 2023+7.3%+6.3%-0.6%
Q3 2023-22.4%-12.2%+0.0%
Q2 2023-10.7%-11.1%-9.1%
Q1 2023+3.3%-3.7%+8.6%
Q4 2022+4.8%+8.5%-30.3%
Q3 2022-12.2%-6.8%-0.4%
Q2 2022-2.8%+1.3%-17.3%
Q1 2022+4.9%-0.9%+27.3%
Q4 2021+10.3%+22.4%-13.1%
Q3 2021-34.2%-34.5%-51.8%
Q2 2021+1.2%-1.5%-1.4%
Q1 2021-3.5%-9.2%-2.7%
Q4 2020-2.5%-13.8%-13.3%
Q3 2020+10.7%+4.9%+40.2%
Q2 2020+10.7%+4.9%+40.2%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro