NASDAQ$TRML

Tourmaline Bio Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Tourmaline Bio reported Q1 2025 a net loss of $23.0M, diluted EPS of $(0.89).

For Q1 2025, Tourmaline Bio reported net loss was $23.0M, diluted EPS was $-0.89. Management discusses operating trends, liquidity, and outlook in the quarterly filing.

  • Net loss $23.0M.
  • Diluted EPS $-0.89.
  • MD&A highlights operating priorities, liquidity, and sector-specific risks.

Headline financials

Total Revenue

$0.00

Previous: $54K-100.0%
EPS (adj)

-$0.89

Previous: -$0.55-61.8%
R&D Expenses

$20.3M

Previous: $11.4M+78.1%
G&A Expenses

$5.97M

Previous: $6.14M-2.7%
Total Operating Expenses

$26.2M

Previous: $17.5M+49.7%
Other Income, Net

$3.26M

Previous: $4.21M-22.5%
Weighted Avg Shares

25.7K

Previous: 24.1K+6.7%
Working Capital

$251M

Previous: $260M-3.6%
Stockholders’ Equity

$280M

Previous: $300M-6.7%
Capital Expenditures

-$9K

Previous: $0.00
Net Income

-$23M

Previous: -$13.3M-72.6%
Operating Income

-$26.2M

Previous: -$17.5M-49.7%

Revenue & EPS history

Tourmaline Bio · Revenue · Quarterly

$0

Q1 2025-100%vs Q1 2024

Forward guidance

Management emphasizes path to profitability, liquidity, and cost discipline.

Tailwinds

  • Operating initiatives and partnership milestones.
  • Cash runway and restructuring where applicable.

Headwinds

  • Operating losses and financing needs.
  • Macro and competitive uncertainty.

Historical earnings impact

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

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.7%

Avg return

Earnings day

-5.0%

Avg return

5 days after

+13.7%

Avg return

30 days after

59%

10 / 17 earnings

Positive

+11.6%

Q4 2023

Best reaction

-9.7%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2025+3.8%+3.1%+122.3%
Q1 2025+4.6%+9.9%+26.5%
Q4 2024-2.8%-4.8%-1.4%
Q3 2024+5.0%-4.9%-5.6%
Q2 2024+2.0%+4.6%+12.2%
Q1 2024-0.6%-4.8%+2.6%
Q4 2023+11.6%-38.1%-60.9%
Q3 2023-1.2%
Q2 2023+1.3%
Q1 2023-8.0%
Q4 2022+2.8%
Q3 2022+7.0%
Q2 2022-9.7%
Q1 2022+3.1%
Q4 2021+4.6%
Q3 2021-7.0%
Q2 2021-5.5%

Discussion

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