NASDAQ$SVRA

Savara Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Savara reported a net loss of $29.6 million in Q3 2025 as it continued advancing its lead program, MOLBREEVI, toward regulatory milestones.

Savara posted a larger net loss in Q3 2025 compared to the previous year due to increased R&D and G&A expenses, as the company progresses its MOLBREEVI development and prepares for commercialization.

  • Net loss widened to $29.6 million from $24.2 million in Q3 2024
  • EPS came in at -$0.14 per share
  • Cash and short-term investments totaled $124.4 million at quarter-end
  • Significant investments made to support MOLBREEVI resubmission and commercial readiness

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS

-$0.14

Previous: -$0.11-27.3%
R&D expenses

$20.6M

No prior period
G&A expenses

$9.63M

No prior period
Total operating expenses

$30.3M

No prior period
Total other income, net

$694K

No prior period
Cash & short-term investments

$124M

No prior period
Capital Expenditures

-$20K

Previous: -$34K+41.2%
Free Cash Flow

-$29.6M

Previous: -$24.3M-21.8%
Net Income

-$29.6M

Previous: -$24.2M-21.9%
Operating Income

-$30.3M

Previous: -$26.4M-14.8%
Gross Profit

$0.00

Previous: $0.00
Cash & Equivalents

$16.3M

Previous: $21.4M-24.0%
Total Assets

$141M

Previous: $239M-41.0%

Revenue & EPS history

Savara · Revenue · Quarterly

$0

Q3 2025

Forward guidance

Savara remains on track to resubmit the BLA for MOLBREEVI in December 2025 and expects MAA submissions in early 2026, while recent financings have extended its cash runway to support commercialization.

Tailwinds

  • On track to resubmit MOLBREEVI BLA in December 2025
  • Expecting MAA submissions in EU and UK in Q1 2026
  • Recent equity raise added $140M to the balance sheet
  • Presented supportive IMPALA-2 efficacy data
  • Announced $75M royalty funding agreement for MOLBREEVI

Headwinds

  • No approved therapy yet for autoimmune PAP
  • Still in pre-commercialization stage
  • Net loss increased year-over-year
  • Higher G&A costs impacting profitability
  • Pending regulatory approvals introduce uncertainty

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-1.1%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+7.6%

Avg return

30 days after

35%

13 / 37 earnings

Positive

+12.5%

Q3 2018

Best reaction

-20.1%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%-1.8%
Q4 2025-0.8%+3.4%-3.0%
Q3 2025-4.9%-3.0%+59.8%
Q2 2025+5.5%+18.2%+38.0%
Q1 2025+9.9%+23.7%+13.9%
Q4 2024+4.7%+8.3%+14.4%
Q3 2024-20.1%-26.8%-17.7%
Q2 2024+4.0%+9.3%+8.5%
Q1 2024-6.6%-3.6%-20.6%
Q4 2023-2.2%-9.2%-11.8%
Q3 2023-6.2%-0.5%+12.4%
Q2 2023+4.3%+3.8%-0.8%
Q1 2023+8.5%+31.7%+60.8%
Q4 2022-3.9%-15.8%-7.4%
Q3 2022+5.4%+18.0%+42.3%
Q2 2022+3.0%-0.6%-10.8%
Q1 2022+3.6%+20.0%+28.2%
Q4 2021+5.6%+3.2%-4.8%
Q3 2021-1.7%-3.4%-10.3%
Q2 2021-3.3%-4.1%+17.9%
Q1 2021+1.3%+5.2%+18.8%
Q4 2020-13.6%-3.8%+6.0%
Q3 2020-3.7%+3.7%+32.1%
Q2 2020+0.0%-8.0%-41.0%
Q1 2020-2.5%+2.1%+0.8%
Q4 2019-2.5%+0.4%-10.2%
Q3 2019-7.6%-15.8%+22.1%
Q2 2019-6.5%-3.7%-1.6%
Q1 2019+2.0%+0.5%-7.8%
Q4 2018-4.2%-2.7%+11.5%
Q3 2018+12.5%+2.9%-20.3%
Q2 2018-2.6%-7.6%-2.0%
Q1 2018-5.8%-4.7%+14.9%
Q4 2017-4.5%-1.0%-12.4%
Q3 2017-4.3%+4.4%+49.3%
Q2 2017-3.7%-4.2%+13.3%
Q1 2017-0.5%-7.4%-7.9%
Q3 2016
Q2 2016
Q1 2016
Q3 2015
Q2 2015
Q1 2015
Q4 2013
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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