AI brief of an SEC Form 8-K · Krystal Biotech (KRYS)

Krystal Biotech Q1 revenue rises to $88.2 million; net income $35.7 million

Positive Impact 3 of 5 earnings Written later

Krystal Biotech reported first-quarter 2025 results, with product revenue of $88.2 million, up from $45.3 million a year earlier, and net income of $35.7 million, or $1.20 per diluted share, compared with $0.9 million in the prior-year quarter. The company also gave full-year 2025 non-GAAP R&D and SG&A expense guidance of $150.0 million to $175.0 million, and it reported $765.3 million in cash and investments.

Key points

  • Product revenue, net: $88.2 million in Q1 2025 versus $45.3 million in Q1 2024
  • Net income: $35.7 million ($1.24 basic, $1.20 diluted per share) versus $0.9 million ($0.03 per share) in Q1 2024
  • FY 2025 non-GAAP R&D and SG&A expense guidance: $150.0 million to $175.0 million, excluding stock-based compensation
  • Cash, cash equivalents, and investments: $765.3 million as of March 31, 2025

The filing

CompanyKrystal Biotech (KRYS)
Form8-K, current report
Filed with the SECMay 6, 2025, 8:09 AM ET
Accession number0001711279-25-000045

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.