Intellia Therapeutics

Intellia Therapeutics (NTLA) Q2 2025 Earnings

Reported Aug 7, 2025 at 7:45 AM ET · SEC Source

Q2 25 EPS

$-0.98

BEAT +2.51%

Est. $-1.01

Q2 25 Revenue

$14.2M

BEAT +17.12%

Est. $12.2M

vs S&P Since Q2 25

+31.5%

BEATING MARKET

NTLA +48.7% vs S&P +17.2%

Market Reaction

Did NTLA Beat Earnings? Q2 2025 Results

Intellia Therapeutics delivered a stronger-than-expected second quarter, beating both the top and bottom lines as collaboration revenue more than doubled year-over-year. The gene-editing company posted a loss of $0.98 per share, coming in ahead of th… Read more Intellia Therapeutics delivered a stronger-than-expected second quarter, beating both the top and bottom lines as collaboration revenue more than doubled year-over-year. The gene-editing company posted a loss of $0.98 per share, coming in ahead of the $1.01 consensus estimate by 2.51%, while revenue of $14.24 million topped expectations by 17.12% and surged 104.8% from a year ago. The primary driver was higher cost reimbursements from Regeneron Pharmaceuticals under their ATTR amyloidosis partnership, which fueled the collaboration revenue jump. Simultaneously, R&D expenses fell to $97.03 million from $114.21 million a year ago, helping narrow the net loss to $101.25 million compared to $146.97 million in Q2 2024. Looking ahead, management's $630.51 million cash position is expected to fund operations into the first half of 2027 and through its anticipated first commercial launch, with enrollment in the Phase 3 MAGNITUDE trial tracking ahead of schedule and BLA submission for lonvo-z in hereditary angioedema targeted for the second half of 2026.

Key Takeaways

  • Increased collaboration revenue from Regeneron cost reimbursements
  • Reduced R&D expenses from lower employee-related costs and stock-based compensation
  • Lower G&A expenses from reduced stock-based compensation
  • Higher interest income partially offset by lower fair value of investments
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NTLA YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

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NTLA Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q2 26

“We are exceeding many of our internal expectations. The enthusiasm from both patients and physicians for Intellia's late-stage programs has resulted in strong enrollment numbers that allow us to plan to enhance the Phase 3 MAGNITUDE trial in ATTR-CM and accelerate completion of the Phase 3 HAELO study in HAE ahead of our original plans. We are full steam ahead in achieving our mission of getting one-time therapies to more patients.”

— John Leonard, Q2 2025 Earnings Press Release