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AGIO Positive Sentiment

Agios Reports Third Quarter 2025 Financial Results and Provides Business Update

Key Takeaway: Agios Pharmaceuticals reported its third quarter 2025 financial results, highlighting a net loss of $103.4 million compared to a net income of $947.9 million in the same quarter of 2024. The company is focusing on key milestones for its drug PYRUKYND in thalassemia and the Phase 3 trial for sickle cell disease. Additionally, enrollment for the Phase 2b trial of tebapivat has been completed, showcasing Agios's ongoing commitment to rare disease treatment.
Price reaction · baseline $41.96 (2025-10-29 close) · hit pre-market · 1 other AGIO headline(s) in the window, move may be shared
day 0 close · peak
+2.9%

Market Sentiment Analysis

POSITIVE FACTORS

  • Agios is focused on key milestones for PYRUKYND and tebapivat.
  • Completion of enrollment in the Phase 2b tebapivat trial is a significant achievement.
  • The company is committed to addressing critical gaps in care for rare diseases.

CONCERNS & RISKS

  • The net loss for Q3 2025 was significantly higher than the net income in Q3 2024.
  • The company faces uncertainties regarding the success of its product candidates.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+80%
120-day peak, hindsight
Typical move
5%
average across 13 past catalysts
Cash runway
~50 mo
Minimal dilution risk
Lead asset
Mitapivat
Phase 3 · Transfusion-dependent Alpha-Thalassemia

Full Press Release Details

CAMBRIDGE, Mass., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Agios Pharmaceuticals, Inc. (Nasdaq: AGIO), a commercial-stage biopharmaceutical company focused on delivering innovative medicines for patients with rare diseases, today announced financial results and updates for the third quarter ended September 30, 2025.
“As we approach year-end, we remain focused on our two key PYRUKYND milestones – the potential U.S. approval in thalassemia and the topline results from the RISE UP Phase 3 trial in sickle cell disease. Our recent engagements with these communities have underscored the urgent need for innovation and PYRUKYND’s potential to address critical gaps in care for these serious and life-threatening diseases,” said Brian Goff, Chief Executive Officer, Agios. “We continued strong execution across our rare disease portfolio in the third quarter, including the completion of enrollment in our Phase 2b tebapivat trial for lower-risk MDS. We look forward to building on this strong momentum and remain steadfast in our commitment to delivering meaningful progress for the patients we serve.”

Third Quarter 2025 and Recent Corporate HighlightsCommercial Performance – PYRUKYND®(mitapivat)

R&D HighlightsPYRUKYND (mitapivat)

Tebapivat

Third Quarter 2025 Financial ResultsFor the quarter ended September 30, 2025, net loss was $103.4 million dollars, compared to net income of $947.9 million dollars for the quarter ended September 30, 2024. The net income in the third quarter of 2024 was due to themilestone payment from Servierand thesale of royalty rights to Royalty Pharma, both of which were recorded in that quarter.
Conference Call InformationAgios will host a conference call and live webcast today at 8:00 a.m. ET to discuss the company’s third quarter 2025 financial results and recent business highlights. The live webcast will be accessible on the Investors section of the company's website (www.agios.com) under the “Events & Presentations” tab. A replay of the webcast will be available on the company’s website approximately two hours after the event.
About Agios: Fueled by Connections to Transform Rare Diseases™At Agios, our vision is to redefine the future of rare disease treatment. Fueled by connections, we build trusted partnerships with communities – collaborating to develop and deliver innovative medicines that have the potential to transform lives. With a foundation in hematology, we combine biological expertise with real-world insights to advance a growing pipeline of rare disease medicines that reflect the priorities of the people we serve. Agios is a commercial-stage biopharmaceutical company headquartered in Cambridge, Massachusetts. To learn more, visitwww.agios.comand follow us onLinkedInandX.
Cautionary Note Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those regarding the potential benefits of PYRUKYND®(mitapivat), tebapivat, AG-236 and AG-181; Agios’ plans, strategies and expectations for its preclinical, clinical and commercial advancement of its drug development, including PYRUKYND®, tebapivat, AG-236 and AG-181; Agios’ expectations for the review of marketing applications for PYRUKYND by regulatory agencies, including the FDA and European Commission; Agios’ strategic vision and goals, including its key milestones for 2025; and the potential benefits of Agios’ strategic plans and focus. The words “anticipate,” “expect,” “goal,” “hope,” “milestone,” “plan,” “potential,” “possible,” “strategy,” “will,” “vision,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from Agios’ current expectations and beliefs. For example, there can be no guarantee that any product candidate Agios is developing will successfully commence or complete necessary preclinical and clinical development phases, or that development of any of Agios’ product candidates will successfully continue. There can be no guarantee that any positive developments in Agios’ business will result in stock price appreciation. Management's expectations and, therefore, any forward-looking statements in this press release could also be affected by risks and uncertainties relating to a number of other important factors, including, without limitation: risks and uncertainties related to the impact of pandemics or other public health emergencies to Agios’ business, operations, strategy, goals and anticipated milestones, including its ongoing and planned research activities, ability to conduct ongoing and planned clinical trials, clinical supply of current or future drug candidates, commercial supply of current or future approved products, and launching, marketing and selling current or future approved products; Agios’ results of clinical trials and preclinical studies, including subsequent analysis of existing data and new data received from ongoing and future studies; the content and timing of decisions made by the U.S. FDA, the EMA or other regulatory authorities, investigational review boards at clinical trial sites and publication review bodies; Agios’ ability to obtain and maintain requisite regulatory approvals and to enroll patients in its planned clinical trials; unplanned cash requirements and expenditures; competitive factors; Agios' ability to obtain, maintain and enforce patent and other intellectual property protection for any product candidates it is developing; Agios’ ability to establish and maintain key collaborations; uncertainty regarding any royalty payments related to the sale of its oncology business or any milestone or royalty payments related to its in-licensing of AG-236, and the uncertainty of the timing of any such payments; uncertainty of the results and effectiveness of the use of Agios’ cash and cash equivalents; and general economic and market conditions. These and other risks are described in greater detail under the caption "Risk Factors" included in Agios’ public filings with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Agios expressly disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Consolidated Balance Sheet Data
(in thousands)
(Unaudited)
September 30, 2025 December 31, 2024
Cash, cash equivalents, and marketable securities $ 1,257,201 $ 1,532,031
Accounts receivable, net 5,029 4,109
Inventory 32,034 27,616
Total assets 1,385,705 1,663,199
Stockholders' equity 1,284,330 1,540,956
Consolidated Statements of Operations Data
(in thousands, except share and per share data)
(Unaudited)
Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
Revenues:
Product revenue, net $ 12,880 $ 8,964 $ 34,061 $ 25,768
Total revenue 12,880 8,964 34,061 25,768
Operating expenses:
Cost of sales $ 1,679 $ 783 $ 4,466 $ 2,905
Research and development 86,796 72,455 251,479 218,476
Selling, general and administrative 41,274 38,537 128,670 105,087
Total operating expenses 129,749 111,775 384,615 326,468
Loss from operations (116,869 ) (102,811 ) (350,554 ) (300,700 )
Gain on sale of contingent payments 889,136 889,136
Milestone payment from gain on sale of oncology business 200,000 200,000
Interest income, net 13,369 13,059 43,969 30,068
Other income, net 67 1,651 1,843 4,864
Net (loss) income before taxes (103,433 ) 1,001,035 (304,742 ) 823,368
Income tax expense 53,120 53,120
Net (loss) income $ (103,433 ) $ 947,915 $ (304,742 ) $ 770,248
Net (loss) income per share - basic $ (1.78 ) $ 16.65 $ (5.27 ) $ 13.58
Net (loss) income per share - diluted $ (1.78 ) $ 16.22 $ (5.27 ) $ 13.38
Weighted-average number of common shares used in computing net (loss) income per share – basic 58,139,277 56,939,403 57,846,173 56,709,318
Weighted-average number of common shares used in computing net (loss) income per share – diluted 58,139,277 58,432,796 57,846,173 57,581,382

Investor ContactMorgan Sanford, Vice President, Investor RelationsAgios Pharmaceuticalsmorgan.sanford@agios.com

Media ContactEamonn Nolan, Senior Director, Corporate CommunicationsAgios Pharmaceuticalseamonn.nolan@agios.com

Frequently Asked Questions

What were Agios's financial results for Q3 2025?

Agios reported a net loss of $103.4 million for Q3 2025.

What milestones is Agios focusing on?

Agios is focused on potential U.S. approval for PYRUKYND in thalassemia.

What trial did Agios complete enrollment for?

Agios completed enrollment in the Phase 2b tebapivat trial for lower-risk MDS.

When will Agios host a conference call?

Agios will host a conference call today at 8:00 a.m. ET.

Last updated: Oct 30, 2025