NASDAQ$ZBIO

Zenas Biopharma Inc · Q2 2025 earnings

Q2 2025 earnings ·

Briefing

Zenas BioPharma reported Q2 2025, net loss of $52.2M, diluted EPS of $-1.25.

For Q2 2025, Zenas BioPharma reported a net loss of $52.2M, diluted EPS was $-1.25. The filing discusses segment trends, liquidity, and management outlook for upcoming periods.

  • Net loss $52.2M.
  • Diluted EPS $-1.25.
  • Zenas BioPharma highlights operating priorities and capital allocation.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$1.25

No prior period
Capital Expenditures

-$18K

No prior period
Free Cash Flow

-$52.2M

No prior period
Net Income

-$52.2M

No prior period
Operating Income

-$55.2M

No prior period
Gross Profit

$0.00

No prior period

Revenue & EPS history

Zenas Biopharma Inc · Revenue · Quarterly

$0

Q2 2025

Forward guidance

The release discusses Zenas BioPharma's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • Zenas BioPharma cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • GAAP profitability remained under pressure in Q2 2025.
  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

Historical earnings impact

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

Avg. return before/after earnings

Based on 4 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+4.3%

Avg return

Earnings day

+3.2%

Avg return

5 days after

+3.2%

Avg return

30 days after

80%

4 / 5 earnings

Positive

+12.2%

Q1 2025

Best reaction

-3.1%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.9%-11.7%+3.0%
Q3 2025+1.7%+1.9%+15.3%
Q2 2025+6.7%+12.8%+35.3%
Q1 2025+12.2%+32.3%+19.0%
Q3 2024-3.1%-19.6%-56.5%

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