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