Jazz Pharmaceuticals (JAZZ) Q2 2025 Earnings
Reported Aug 5, 2025 at 4:08 PM ET · SEC Source
Q2 25 EPS
$-8.25
MISS 32.07%
Est. $-6.25
Q2 25 Revenue
$1.05B
MISS 0.14%
Est. $1.05B
vs S&P Since Q2 25
+105.1%
BEATING MARKET
JAZZ +122.2% vs S&P +17.1%
Market Reaction
Did JAZZ Beat Earnings? Q2 2025 Results
Jazz Pharmaceuticals delivered a bruising second quarter, posting an adjusted loss of $8.25 per share that missed the $6.25 consensus estimate by 32.07%, while revenue of $1.05 billion edged fractionally below expectations despite growing 2.1% year o… Read more Jazz Pharmaceuticals delivered a bruising second quarter, posting an adjusted loss of $8.25 per share that missed the $6.25 consensus estimate by 32.07%, while revenue of $1.05 billion edged fractionally below expectations despite growing 2.1% year over year. The quarter's defining event was a $905.36 million acquired in-process research and development charge tied to the Chimerix acquisition completed in April, which added dordaviprone to Jazz's oncology pipeline and drove the headline loss far beyond what analysts had modeled. Xywav remained the portfolio's clearest bright spot, generating $415.32 million in net product sales, up 13% year over year, while Epidiolex contributed $251.73 million; oncology softened to $274.15 million as Rylaze and Zepzelca each faced competitive headwinds. Looking ahead, Jazz narrowed its full-year revenue guidance to $4.15 billion to $4.30 billion while raising the floor of its non-GAAP adjusted EPS range, with near-term catalysts including a PDUFA date for dordaviprone on August 18 and Zepzelca's Priority Review decision due October 7.
Key Takeaways
- • Xywav net product sales grew 13% YoY with approximately 625 net patient adds in Q2
- • Total neuroscience revenue of $761.2 million, up 3% YoY
- • Non-GAAP adjusted gross margin of 92.3%
- • R&D expenses decreased YoY due to lower clinical study costs for zanidatamab and JZP385 discontinuation
JAZZ YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
JAZZ Revenue by Segment
With YoY comparisons, source: SEC Filings
“It has been a privilege to lead Jazz over my 22-year tenure. I am proud of what we have achieved on behalf of patients and confident that our new President and CEO, Renee Gala, will build on Jazz's momentum and serve as a catalyst in driving long-term growth.”
— Bruce Cozadd, Q2 2025 Earnings Press Release
JAZZ Earnings Trends
JAZZ vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
JAZZ EPS Trend
Earnings per share: estimate vs actual
JAZZ Revenue Trend
Quarterly revenue: estimate vs actual
JAZZ Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $4.66 | $6.34 | +36.18% | $1.07B | +9.18% |
| Q4 25 BEAT FY | $6.51 | $6.64 | +2.05% | $1.20B | +2.81% |
| FY Full Year | — | $8.38 | — | $4.27B | — |
| Q3 25 BEAT | $5.85 | $8.13 | +38.97% | $1.13B | +1.58% |
| Q2 25 MISS | $-6.25 | $-8.25 | -32.07% | $1.05B | -0.14% |