NASDAQ$ZYME

Zymeworks Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Zymeworks Inc reported financial results for the second quarter ended June 30, 2025.

The company recorded revenue of $48.7 million for the quarter, driven primarily by milestone payments and collaboration revenue, resulting in net income of $2.3 million or $0.03 per diluted share. Research and development expenses were $34.4 million and general and administrative expenses were $15.0 million. Cash and cash equivalents stood at $98.3 million with total stockholders' equity of $334.5 million as of June 30, 2025.

  • Revenue reached $48.7 million, up significantly year-over-year due to milestone achievements from partners including BMS and BeOne.
  • Achieved net income of $2.3 million compared to a net loss in the prior year period.
  • Pipeline progress continued with ongoing Phase 1 trials for ZW171 and ZW191.
  • Maintained a solid liquidity position with $98.3 million in cash and cash equivalents.

Headline financials

Total Revenue

$48.7M

Previous: $19.2M+153.2%
EPS (adj)

$0.03

Previous: -$0.49+106.1%
Research and Development Expense

$34.4M

Previous: $29.2M+18.1%
General and Administrative Expense

$15M

Previous: $15.7M-4.6%
Total Operating Expenses

$49.4M

No prior period
Diluted EPS

$0.03

No prior period
Basic Weighted Average Shares

75.3M

No prior period
Diluted Weighted Average Shares

77.4M

No prior period
Total Stockholders' Equity

$335M

No prior period
Capital Expenditures

-$530K

Previous: -$778K+31.9%
Net Income

$2.32M

Previous: -$37.7M+106.1%
Operating Income

-$674K

Previous: -$42.9M+98.4%
Cash & Equivalents

$98.3M

Previous: $71M+38.5%
Total Assets

$408M

Previous: $516M-20.8%

Revenue & EPS history

Zymeworks · Revenue · Quarterly

$48.7M

Q2 2025+153.2%vs Q2 2024
Beat estimate in 4 of 5 quarters(80%)
ActualEstimate

Revenue by segment

Zymeworks · $48.7M total across 1 segment · Q2 2025

  • Research and Development Collaborations
    $48.7M

Historical earnings impact

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

Avg. return before/after earnings

Based on 13 quarterly earnings reports

Historical avg

-1.2%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+7.6%

Avg return

30 days after

38%

5 / 13 earnings

Positive

+1.4%

Q1 2023

Best reaction

-8.0%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-3.6%-13.5%-13.0%
Q4 2025+0.1%+3.4%+11.4%
Q3 2025-8.0%+8.2%+49.1%
Q1 2025-0.1%-0.6%+11.3%
Q4 2024-8.0%-11.2%-16.9%
Q3 2024+1.0%+1.2%+11.7%
Q2 2024+0.0%+4.3%+22.4%
Q1 2024+0.0%-8.3%-18.4%
Q4 2023+0.0%+1.6%+3.8%
Q3 2023+1.2%+0.1%+31.2%
Q3 2021+0.0%-1.3%+10.3%
Q2 2023+0.8%-3.6%-7.5%
Q1 2023+1.4%+14.1%+2.9%

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