NASDAQ$WHWK

Whitehawk Therapeutics Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Whitehawk Therapeutics Inc reported zero product revenue and a net loss of $52.6 million for Q2 2025 after divesting its FYARRO business.

The company recorded no revenue in the quarter as it transitioned to a preclinical ADC pipeline following the March 2025 divestiture. Operating expenses rose sharply to $54.7 million, driven by R&D investments including a $38 million upfront license payment. The quarter ended with $177.2 million in cash, cash equivalents and short-term investments and a net loss per share of $0.76.

  • Zero product sales in Q2 2025 after FYARRO divestiture closed on March 25, 2025.
  • Net loss of $52.6 million included $48.8 million in R&D expenses, largely from the WuXi Biologics ADC license.
  • Cash, cash equivalents and short-term investments totaled $177.2 million at quarter end.
  • Basic and diluted EPS of $(0.76) on 69.1 million weighted-average shares outstanding.

Headline financials

Total Revenue

$0.00

Previous: $6.18M-100.0%
EPS (adj)

-$0.76

Previous: -$0.54-40.7%
Short-term investments

$32.3M

No prior period
Accounts receivable, net

$0.00

No prior period
Inventory

$0.00

No prior period
Total current assets

$179M

No prior period
Property and equipment, net

$9K

No prior period
Total current liabilities

$8.76M

No prior period
Total liabilities

$8.76M

No prior period
Additional paid-in capital

$484M

No prior period
Accumulated deficit

-$312M

No prior period
Total stockholders' equity

$172M

No prior period
Selling, general and administrative expenses

$5.94M

No prior period
Research and development expenses

$48.8M

No prior period
Total operating expenses

$54.7M

No prior period
Interest income

$1.98M

No prior period
Capital Expenditures

-$552K

Previous: -$1.28M+56.9%
Net Income

-$52.6M

Previous: -$14.6M-260.8%
Operating Income

-$54.7M

Previous: -$15.6M-251.3%
Cash & Equivalents

$145M

No prior period
Total Assets

$181M

No prior period

Revenue & EPS history

Aadi Bioscience · Revenue · Quarterly

$0

Q2 2025-100%vs Q2 2024
Beat estimate in 8 of 13 quarters(62%)
ActualEstimate

Revenue by segment

Aadi Bioscience · $5.96M total across 1 segment · Q3 2023

  • Product Sales, Net
    $5.96M

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.8%

Avg return

Earnings day

+2.9%

Avg return

5 days after

+4.1%

Avg return

30 days after

37%

11 / 30 earnings

Positive

+69.8%

Q1 2021

Best reaction

-18.7%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-5.3%-5.5%-0.7%
Q3 2025-0.4%-3.5%+10.2%
Q1 2025+4.9%-4.0%-9.5%
Q4 2024-1.5%+1.2%+14.7%
Q3 2024+5.5%+5.5%+21.6%
Q2 2024-3.6%-1.4%+30.7%
Q1 2024-10.9%-11.4%-17.5%
Q4 2023+5.7%+9.3%+1.0%
Q3 2023-6.6%-5.4%+2.9%
Q2 2023-1.0%+1.7%-12.2%
Q1 2023-18.7%-17.2%-4.7%
Q4 2022-1.8%-0.1%+10.3%
Q3 2022+5.1%+1.2%+1.7%
Q2 2022-6.2%-0.9%-11.0%
Q1 2022+21.2%+30.1%+21.5%
Q4 2021+5.4%+2.3%-8.2%
Q3 2021-16.6%-8.9%-13.4%
Q2 2021+3.0%+2.0%-7.9%
Q1 2021+69.8%+74.1%+69.0%
Q4 2020+1.9%+2.5%-15.1%
Q3 2020-2.2%+21.7%+60.9%
Q2 2020+17.3%+6.4%-22.4%
Q1 2020-0.2%-1.3%+82.3%
Q4 2019-5.8%-17.7%-6.2%
Q3 2019-2.6%-3.6%+0.9%
Q2 2019-1.9%-1.9%+0.9%
Q1 2019-0.9%-1.9%-5.7%
Q4 2018+4.2%+22.4%-65.0%
Q3 2018-1.4%-11.7%-2.3%
Q2 2018-1.7%+3.9%-3.8%
Q4 2011
Q2 2010
Q1 2010

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