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Intellia Therapeutics Announces Fourth Quarter and Full-Year 2025 Financial Results and Business Updates

Key Takeaway: Intellia Therapeutics reported its financial results for Q4 and full-year 2025, highlighting significant progress in its clinical trials. The company is preparing for a potential launch of lonvo-z for Hereditary Angioedema (HAE) and aims to resolve clinical holds on its nex-z trials. The upcoming year is expected to be pivotal with topline Phase 3 data and a planned BLA submission for lonvo-z.
Price reaction · baseline $13.42 (2026-02-25 close) · hit pre-market · 3 other NTLA headline(s) in the window, move may be shared
day 0 close · peak
+6.4%
day 1
+2.7%
day 3
+1.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Encouraging Phase 1/2 clinical data for lonvo-z and nex-z.
  • Rapid patient enrollment in three Phase 3 trials.
  • Potential for lonvo-z to transform HAE treatment paradigm.

CONCERNS & RISKS

  • Clinical holds on nex-z Phase 3 trials late in the year.
  • Uncertainty regarding resolution of clinical holds.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+76%
120-day peak, hindsight
Typical move
9.6%
average across 8 past catalysts
Cash runway
~22 mo
Low dilution risk
Lead asset
NTLA-2002
Phase 3 · Hereditary Angioedema

Full Press Release Details

CAMBRIDGE, Mass., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Intellia Therapeutics, Inc. (Nasdaq: NTLA), a leading biopharmaceutical company focused on revolutionizing medicine leveraging CRISPR gene editing and other core technologies, today reported business updates and financial results for the fourth quarter and year ended December 31, 2025.
“2025 was a time of accomplishment and resiliency for Intellia as we presented encouraging longer term Phase 1/2 clinical data for both lonvo-z and nex-z, rapidly enrolled patients in our three Phase 3 trials, commenced activities to prepare for a potential lonvo-z launch in HAE and responded to the clinical holds on our nex-z Phase 3 trials late in the year,” said Intellia President and Chief Executive Officer John Leonard, M.D. “We expect the year ahead to be a pivotal one, highlighted by our topline Phase 3 data and planned BLA submission for lonvo-z, which has the potential to transform the HAE treatment paradigm by freeing most patients from both their attacks and chronic therapy. Additionally, we are focused on resuming our forward momentum with nex-z by completing patient enrollment in MAGNITUDE-2 and resolving the clinical hold on MAGNITUDE.”

Lonvoguran Ziclumeran (Lonvo-z) for Hereditary Angioedema (HAE)

Lonvo-z is a wholly owned, investigationalin vivoCRISPR-based therapeutic candidate designed to inactivate theKLKB1gene in the liver, drive consistent, deep and potentially lifelong reduction in kallikrein levels, and dramatically reduce or eliminate HAE attacks via a one-time treatment.

Nexiguran Ziclumeran (Nex-z) for Transthyretin (ATTR) Amyloidosis

Nex-z is an investigationalin vivoCRISPR-based therapeutic candidate designed to inactivate theTTRgene in the liver, thereby preventing the production of transthyretin (TTR) protein. Nex-z offers the possibility of halting and reversing disease by driving a deep, consistent and potentially lifelong reduction in TTR protein after a one-time treatment. Intellia leads the development and commercialization of nex-z in collaboration with Regeneron Pharmaceuticals, Inc.

Fourth Quarter and Full-Year 2025 Financial Results

Conference Call InformationThe company will host a conference call and webcast today at 8:00 a.m. ET to discuss recent updates and the company’s fourth quarter and full-year 2025 financial results. To join the webcast, please visit the Events and Presentations page of the Investors & Media section on Intellia’s website atintelliatx.com. To join by phone, U.S. callers should dial 1-833-316-0545 and international callers should dial 1-412-317-5726 approximately five minutes before the call. All participants should ask to be connected to the Intellia Therapeutics conference call. A replay of the webcast will be available for approximately 90 days.
About Intellia TherapeuticsIntellia Therapeutics, Inc. (Nasdaq: NTLA) is a leading clinical-stage biopharmaceutical company focused on revolutionizing medicine leveraging CRISPR gene editing and other core technologies. The company’s mission is to transform the lives of people with severe diseases by developing and commercializing potentially curative treatments. With deep scientific, technical and clinical development experience, Intellia aims to reset the standard for medicine by durably treating the root causes of disease. Learn more atintelliatx.comand follow us@intelliatx.
Forward-Looking StatementsThis press release contains “forward-looking statements” of Intellia Therapeutics, Inc. (“Intellia” or the “company”) within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, express or implied statements regarding Intellia’s beliefs and expectations concerning: the safety, efficacy, success and advancement of its clinical programs for nexiguran ziclumeran or “nex-z” (also known as NTLA-2001) for transthyretin (“ATTR”) amyloidosis, including the ability to resolve the clinical hold that the United States Food and Drug Administration (“FDA”) placed on the investigational new drug (“IND”) application for the MAGNITUDE Phase 3 study of nex-z for ATTR amyloidosis with cardiomyopathy (“ATTR-CM”), resume dosing and screening in the MAGNITUDE study and the MAGNITUDE-2 Phase 3 study of nex-z for hereditary ATTR amyloidosis with polyneuropathy (“ATTRv-PN”), and provide an update on its guidance for nex-z; the safety, efficacy, success and advancement of its clinical programs for lonvoguran ziclumeran or “lonvo-z” (also known as NTLA-2002) for the treatment of hereditary angioedema (“HAE”) pursuant to its clinical trial applications (“CTA”) and IND application submissions, including the expected timing of data releases from its ongoing clinical trials of nex-z and lonvo-z, regulatory feedback, regulatory filings, and the enrollment, dosing and completion of clinical trials, such as sharing topline data from the HAELO Phase 3 study of lonvo-z by mid-2026; its ability to submit a biologics license application (“BLA”) for lonvo-z in the second half of 2026; the potential of nex-z to address important unmet needs for patients with ATTR amyloidosis and to halt and reverse disease by driving a deep, consistent and potentially lifelong reduction in TTR protein after a one-time treatment; the potential of lonvo-z to inactivate theKLKB1gene in the liver, drive consistent, deep and potentially lifelong reduction in kallikrein levels and to dramatically reduce or eliminate HAE attacks via a one-time treatment; its ability to optimize the impact of its collaborations on its development programs, including, but not limited to, its collaboration with Regeneron Pharmaceuticals, Inc. (“Regeneron”) and their co-development program for ATTR amyloidosis; and its growth as a company and expectations regarding its uses of capital, expenses, future accumulated deficit and financial results, including its ability to fund operations into the second half of 2027 and lonvo-z’s anticipated U.S. commercial launch for HAE.
Any forward-looking statements in this press release are based on management’s current expectations and beliefs of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: uncertainty as to when the clinical hold on MAGNITUDE may be resolved, including the actions that the company may be required to take or conduct in order to resolve the clinical hold; uncertainties related to Intellia’s ability to resume the MAGNITUDE and MAGNITUDE-2 trials, further development of nex-z, and provide an update on its guidance for nex-z; risks related to Intellia’s ability to protect and maintain its intellectual property position; risks related to Intellia’s relationship with third parties, including its contract manufacturers, collaborators, licensors and licensees; risks related to the ability of its licensors to protect and maintain their intellectual property position; uncertainties related to the authorization, initiation and conduct of preclinical and clinical studies and other development requirements for its product candidates, including uncertainties related to regulatory approvals to conduct clinical trials; risks related to the ability to develop and commercialize any one or more of Intellia’s product candidates successfully, including lonvo-z for HAE; risks related to the results of preclinical studies or clinical studies not being predictive of future results in connection with future studies; the risk that clinical study results will not be positive; risks related to the potential delay of planned clinical trials due to regulatory feedback or other developments; and risks related to Intellia’s collaborations with Regeneron, or its other collaborations not continuing or not being successful. For a discussion of these and other risks and uncertainties, and other important factors, any of which could cause Intellia’s actual results to differ from those contained in the forward-looking statements, see the section entitled “Risk Factors” in Intellia’s most recent annual report on Form 10-K, as well as discussions of potential risks, uncertainties, and other important factors in Intellia’s other filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q. All information in this press release is as of the date of the release, and Intellia undertakes no duty to update this information unless required by law.
INTELLIA THERAPEUTICS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(Amounts in thousands, except per share data)
Three Months endedDecember 31, Twelve Months endedDecember 31,
2025 2024 2025 2024
Collaboration revenue $ 23,017 $ 12,874 $ 67,671 $ 57,877
Operating expenses:
Research and development 88,652 116,877 388,861 466,311
General and administrative 33,075 32,444 119,800 125,829
Total operating expenses 121,727 149,321 508,661 592,140
Operating loss (98,710 ) (136,447 ) (440,990 ) (534,263 )
Other income, net:
Interest income 6,476 10,631 29,195 47,807
Change in fair value of investments, net (3,552 ) (3,082 ) (899 ) (32,565 )
Total other income, net 2,924 7,549 28,296 15,242
Net loss $ (95,786 ) $ (128,898 ) $ (412,694 ) $ (519,021 )
Net loss per share, basic and diluted $ (0.83 ) $ (1.27 ) $ (3.81 ) $ (5.25 )
Weighted average shares outstanding, basic and diluted 115,921 101,855 108,376 98,849
INTELLIA THERAPEUTICS, INC.
CONSOLIDATED BALANCE SHEET DATA (UNAUDITED)
(Amounts in thousands)
December 31,2025 December 31,2024
Cash, cash equivalents and marketable securities $ 605,134 $ 861,730
Total assets 842,127 1,191,015
Total liabilities 170,733 319,059
Total stockholders' equity 671,394 871,956

Contact:Jason FredetteVice President, Investor Relations and Corporate CommunicationsIntellia Therapeutics, Inc.jason.fredette@intelliatx.com

Frequently Asked Questions

What are the key highlights from Intellia's Q4 2025 results?

Intellia reported encouraging Phase 1/2 data for lonvo-z and nex-z, rapid enrollment in Phase 3 trials, and plans for a lonvo-z launch.

What is lonvo-z and its significance?

Lonvo-z is an investigational CRISPR-based therapy aimed at treating Hereditary Angioedema by inactivating the KLKB1 gene.

What challenges did Intellia face in 2025?

Intellia encountered clinical holds on its nex-z Phase 3 trials, impacting its development timeline.

What are the future plans for Intellia's therapies?

Intellia aims to submit a BLA for lonvo-z in 2026 and resolve clinical holds on nex-z to resume trials.

Last updated: Feb 26, 2026