NASDAQ$TERN

Terns Pharmaceuticals Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year ended December 31, 2022, and provided corporate updates.

Terns Pharmaceuticals reported its Q4 and full year 2022 financial results. The company's cash and cash equivalents were $283.1 million as of December 31, 2022, expected to provide runway into 2026. Key leadership appointments were announced in oncology R&D and business development.

  • Cash, cash equivalents and marketable securities were $283.1 million as of December 31, 2022.
  • R&D expenses were $10.7 million for the quarter ended December 31, 2022.
  • G&A expenses were $6.2 million for the quarter ended December 31, 2022.
  • Net loss was $15.8 million for the quarter ended December 31, 2022.

Headline financials

EPS (adj)

-$0.29

Previous: -$0.56+48.2%
Capital Expenditures

$34K

Previous: $200K-83.0%
Free Cash Flow

-$11.2M

Previous: -$10.9M-3.5%
Net Income

-$15.8M

Previous: -$14.2M-11.0%
Operating Income

-$16.8M

Previous: -$13.9M-21.3%
Cash & Equivalents

$283M

Previous: $166M+70.6%
Total Assets

$287M

Previous: $168M+70.8%
Stock-Based Comp

$2.69M

Previous: $2.55M+5.4%

Revenue & EPS history

Terns · Revenue · Quarterly

$0

Q3 2025

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 Q4 2022

Historical avgQ4 2022

-0.3%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+16.4%

Avg return

30 days after

48%

10 / 21 earnings

Positive

+19.8%

Q4 2022

Best reaction

-23.0%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-1.3%-0.0%
Q3 2025+7.6%+18.0%+146.3%
Q2 2025-6.8%+3.6%+18.7%
Q1 2025-0.7%-4.1%+22.3%
Q4 2024-2.7%-1.3%-23.6%
Q3 2024-9.1%-17.3%-11.7%
Q2 2024-4.6%-11.8%-1.7%
Q1 2024+7.7%+6.1%+32.9%
Q4 2023+1.7%-15.0%-27.4%
Q3 2023+14.2%+10.1%+92.3%
Q2 2023-9.5%+0.8%-21.5%
Q1 2023-15.2%-20.3%-7.0%
Q4 2022+19.8%+32.7%+42.3%
Q3 2022-23.0%-26.7%-12.2%
Q2 2022-5.5%+39.2%+75.1%
Q1 2022+4.0%-0.7%+26.5%
Q4 2021+4.1%+3.5%-5.4%
Q3 2021-1.2%-5.9%-30.9%
Q2 2021+4.3%+3.5%-0.9%
Q1 2021+3.6%+5.6%+13.5%
Q4 2020+5.8%-0.9%+1.2%
Q3 2020
Q2 2020
Q1 2020
Q4 2019

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