Intellia Therapeutics

Intellia Therapeutics (NTLA) Q4 2025 Earnings

Reported Feb 26, 2026 at 7:45 AM ET · SEC Source

Q4 25 EPS

$-0.83

BEAT +13.71%

Est. $-0.96

Q4 25 Revenue

$23.0M

BEAT +89.08%

Est. $12.2M

vs S&P Since Q4 25

+12.3%

BEATING MARKET

NTLA +20.4% vs S&P +8.0%

Full Year 2025 Results

FY 25 EPS

$-3.81

BEAT +4.75%

Est. $-4.00

FY 25 Revenue

$67.7M

BEAT +18.53%

Est. $57.1M

Market Reaction

Did NTLA Beat Earnings? Q4 2025 Results

Intellia Therapeutics delivered a notably strong fourth quarter, with shares climbing more than 10% after the gene-editing company posted an adjusted loss of $0.83 per share, well ahead of the consensus estimate of $0.96 and representing a 13.71% bea… Read more Intellia Therapeutics delivered a notably strong fourth quarter, with shares climbing more than 10% after the gene-editing company posted an adjusted loss of $0.83 per share, well ahead of the consensus estimate of $0.96 and representing a 13.71% beat, while collaboration revenue of $23.02 million nearly doubled year-over-year, coming in 89.08% above the $12.17 million analysts had expected. The primary driver behind the revenue outperformance was a $9.00 million recognition tied to the termination of the SparingVision license agreement, combined with higher cost reimbursements from the Regeneron collaboration, pushing full-year revenue growth to 78.8%. Net loss also narrowed sharply to $95.79 million from $128.90 million a year ago, aided by a meaningful pullback in R&D spending. Looking ahead, Intellia expects topline data from its fully enrolled HAELO Phase 3 trial for lonvo-z in hereditary angioedema by mid-2026, with a BLA submission planned for the second half of 2026 and a U.S. Commercial launch targeted for early 2027, supported by approximately $605 million in cash the company says will fund operations into the second half of 2027.

Key Takeaways

  • Recognition of $9.0 million in revenue from termination of SparingVision license and collaboration agreement
  • Increased cost reimbursements from Regeneron collaboration
  • Reduction in R&D expenses by $28.2 million year-over-year in Q4 driven by lower employee-related costs, stock-based compensation, and contracted services
24/7 Wall St

NTLA YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

NTLA Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q2 26

“2025 was a time of accomplishment and resiliency for Intellia as we presented encouraging longer term Phase 1/2 clinical data for both lonvo-z and nex-z, rapidly enrolled patients in our three Phase 3 trials, commenced activities to prepare for a potential lonvo-z launch in HAE and responded to the clinical holds on our nex-z Phase 3 trials late in the year.”

— John Leonard, Q4 2025 Earnings Press Release