BridgeBio Pharma

BBIO Q4 2025 Earnings

Reported Feb 24, 2026 at 4:04 PM ET · SEC Source

Q4 25 EPS

$-1.00

MISS 60.44%

Est. $-0.62

Q4 25 Revenue

$154.2M

BEAT +3.42%

Est. $149.1M

vs S&P Since Q4 25

-7.4%

TRAILING MARKET

BBIO -1.6% vs S&P +5.8%

Full Year 2025 Results

FY 25 EPS

$-3.78

MISS 18.50%

Est. $-3.19

FY 25 Revenue

$502.1M

BEAT +0.91%

Est. $497.5M

Market Reaction

Did BBIO Beat Earnings? Q4 2025 Results

BridgeBio Pharma delivered a mixed Q4 2025 report, posting revenue of $154.18 million against a consensus estimate of $149.64 million, a 3.03% beat, while its loss per share of $1.00 fell short of the $0.72 consensus by 39.66%, reflecting the heavy i… Read more BridgeBio Pharma delivered a mixed Q4 2025 report, posting revenue of $154.18 million against a consensus estimate of $149.64 million, a 3.03% beat, while its loss per share of $1.00 fell short of the $0.72 consensus by 39.66%, reflecting the heavy investment costs of building a commercial-stage biotech. The standout driver was Attruby, its ATTR-CM stabilizer approved in late 2024, which generated $146.02 million in net product revenue during the quarter, a 35% sequential jump fueled by rapidly expanding prescriber adoption. Revenue surged 2521.2% year-over-year as the company transitioned from development-stage to commercial operations, though operating losses of $139.56 million and non-cash royalty interest expense of $125.14 million for the full year remain significant headwinds. Analysts have taken notice, with multiple Wall Street firms raising price targets following the print. Looking ahead, BridgeBio plans NDA submissions for BBP-418 and encaleret in the first half of 2026 and is targeting what could be a six-approved-medicine portfolio, a rare feat for emerging biotechs of its scale.

Key Takeaways

  • Attruby delivered 35% quarter-over-quarter growth in net product revenue in Q4 driven by differentiated clinical profile as only near-complete (≥90%) TTR stabilizer
  • Continued prescribing growth with 7,804 unique patient prescriptions by 1,856 unique prescribers as of February 20, 2026
  • Patient persistence exceeded company expectations
  • Repeat prescriber use contributing to growth
  • Royalty revenue increase from BEYONTTRA net product sales in EU and Japan
24/7 Wall St

BBIO YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

BBIO Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“As we close our first decade at BridgeBio, we're reflecting on just how far we've come – from a bold idea about a new type of biotech rooted in a hub-and-spoke model to a company with incredible commercial strength and multiple late-stage successes. In a little over three months, we've delivered three successful Phase 3 readouts, a testament to the rigor of our science, the dedication of our teams, and the trust of the patients and physicians we serve. In all, we hope this leads to 6 approved products as our first decade draws to a close. I am excited not only to live up to our responsibilities against these assets but further to see if we can do even better.”

— Neil Kumar, Q4 2025 Earnings Press Release