Travere Therapeutics Q3 sales rise to $220.2 million; net loss of $52.3 million
Travere Therapeutics reported third quarter 2026 U.S. net product sales of $220.2 million, up from $113.2 million a year earlier, with FILSPARI accounting for $200.2 million. The company swung to a GAAP net loss of $52.3 million, or $0.55 per basic share, from net income of $25.7 million a year earlier, mainly because of a $113.1 million IPR&D expense tied to its Everest Medicines licensing agreement for civorebrutinib.
Key points
- U.S. net product sales were $220.2 million in Q3 2026 versus $113.2 million in Q3 2025; FILSPARI sales were $200.2 million, up 120% year over year.
- GAAP net loss was $52.3 million, or $0.55 per basic share, compared with net income of $25.7 million, or $0.29 per share, in Q3 2025.
- Non-GAAP adjusted net loss was $29.6 million, or $0.31 per basic share, for Q3 2026.
- Cash, cash equivalents and marketable securities were $471.8 million as of September 30, 2026. CEO Eric Dube will hand over to Bradley Campbell effective December 1, 2026.
The filing
Written by AI on Nov 9, 2026, 10:08 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 November 02, 2026.
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.