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Theratechnologies (TH) investor relations material
Theratechnologies Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary9 Jul, 2025
Executive summary
Q2 2025 revenue reached $17.7M, with $36.8M for the first half, despite a prior EGRIFTA SVⓇ shortage now resolved.
Adjusted EBITDA remained positive for the fifth consecutive quarter.
Record high patient enrollments for EGRIFTA SVⓇ and stabilized TrogarzoⓇ sales signal a return to growth.
Company entered a definitive agreement to be acquired by an affiliate of Future Pak after quarter end.
Financial highlights
Q2 revenue declined 19.5% year-over-year; first half revenue down 3.9% compared to 2024.
EGRIFTA SVⓇ Q2 net sales fell 31.3% year-over-year due to supply disruption and higher rebates, partially offset by a 5% price increase.
TrogarzoⓇ Q2 net sales rose 13.4% year-over-year, driven by higher unit sales and price.
Adjusted EBITDA was $906K for Q2 and $3.2M for the first half, both down from 2024 due to higher expenses and lower revenue.
Net loss for Q2 was $4.5M versus a net profit of $1.0M in Q2 2024; six-month net loss was $4.3M, up from $3.5M loss in 2024.
Outlook and guidance
Fiscal 2025 revenue and Adjusted EBITDA guidance withdrawn due to pending acquisition.
EGRIFTA WR™ launch in the US expected in Q3 2025, aiming to build on recent momentum.
Explain EGRIFTA SV® sales decrease in Q2 2025.
Assess impact of Future Pak acquisition on guidance.
How will EGRIFTA WR™ impact Adjusted EBITDA?
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Next Theratechnologies earnings date
Q3 202523 Oct, 2025
Next Theratechnologies earnings date
Q3 202523 Oct, 2025
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Frequently asked questions
Theratechnologies Inc., a biopharmaceutical company, focuses on the development and commercialization of various therapies to address the unmet medical needs in cardiology, oncology, and women's health. The company primarily develops peptide-based therapeutics. Its product candidates include Onbrez Breezhaler, which is in Phase III clinical trial for the symptomatic relief of chronic obstructive pulmonary disease; and Theratears for Atopic Keratoconjunctivitis (MK), which is under Phase III clinical trial for the treatment of atopic keratoconjunctivitis. Theratechnologies Inc is headquartered in Montreal, Canada.
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