)
Protara Therapeutics (TARA) investor relations material
Protara Therapeutics Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Reported interim data from ADVANCED-2 trial in NMIBC; TARA-002 showed a 68% complete response rate at six months in BCG-unresponsive patients.
Received Breakthrough Therapy and Fast Track designations for TARA-002 in lymphatic malformations; regulatory update expected in 1H 2026.
Completed an $86 million public offering, extending cash runway into 2028.
Financial highlights
Cash, cash equivalents, and investments totaled $197.9 million as of December 31, 2025.
Research and development expenses rose to $13.1 million in Q4 2025 (from $9.5 million in Q4 2024) and $42.6 million for the year (from $31.7 million in 2024).
General and administrative expenses increased to $6.0 million in Q4 2025 (from $4.8 million in Q4 2024) and $21.9 million for the year (from $17.5 million in 2024).
Net loss for Q4 2025 was $17.3 million ($0.37/share) vs. $12.8 million ($0.48/share) in Q4 2024; full-year net loss was $57.4 million ($1.34/share) vs. $44.6 million ($2.17/share) in 2024.
Outlook and guidance
Enrollment for the BCG-unresponsive cohort in ADVANCED-2 expected to complete in 2H 2026.
ADVANCED-3 registrational trial in BCG-naïve patients set to initiate in 2H 2026.
Interim results from THRIVE-3 trial of IV Choline Chloride expected in 2H 2026.
Cash runway projected to support operations into 2028.
- TARA-002 leads in NMIBC efficacy, with pivotal trials and regulatory milestones ahead in 2024.TARA
TD Cowen 46th Annual Health Care Conference3 Mar 2026 - Late-stage data and regulatory progress position TARA-002 and IV Choline Chloride for broad impact.TARA
Oppenheimer 36th Annual Healthcare Life Sciences Conference26 Feb 2026 - Strong efficacy, durability, and safety for TARA-002 in NMIBC with high response rates.TARA
Study update24 Feb 2026 - TARA-002 and IV Choline advance in pivotal studies, with key data and catalysts expected by 2026.TARA
H.C. Wainwright 26th Annual Global Investment Conference 202421 Jan 2026 - Late-stage oncology and rare disease programs advance toward key data and regulatory milestones.TARA
44th Annual J.P. Morgan Healthcare Conference15 Jan 2026 - TARA-002 and IV Choline advance as late-stage therapies for high unmet needs in oncology and rare disease.TARA
Corporate presentation14 Jan 2026 - TARA-002 and IV Choline advance in pivotal trials, targeting major unmet needs in oncology and rare disease.TARA
Guggenheim Securities Inaugural Healthcare Innovation Conference14 Jan 2026 - 100% six-month complete response in BCG-unresponsive NMIBC, strong durability, no serious AEs.TARA
Study Update11 Jan 2026 - TARA-002 and IV choline advance in late-stage trials, showing strong efficacy and safety data.TARA
43rd Annual J.P. Morgan Healthcare Conference 202510 Jan 2026
Next Protara Therapeutics earnings date
Next Protara Therapeutics earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)