BridgeBio revenue exceeds expectations but losses widen, stock price rises

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Investing.com – BridgeBio Pharma Inc. (NASDAQ: BBIO) announced fourth-quarter revenue of $154.2 million, exceeding analysts’ expectations of $146.16 million, despite reporting a larger-than-expected loss. The biopharmaceutical company reported an adjusted loss of $1.00 per share, compared to the market consensus of a $0.72 loss per share.

Revenue surged from $5.9 million in the same period last year, mainly driven by net product revenue of $146 million from its treatment for transthyretin amyloid cardiomyopathy drug Attruby. As of February 20, 2026, since receiving FDA approval in November 2024, 1,856 prescribing physicians have issued 7,804 unique patient prescriptions. The stock rose 3.4% in after-hours trading on Tuesday.

Co-founder and CEO Neil Kumar stated, “In just over three months, we delivered three successful Phase 3 clinical trial results, demonstrating our scientific rigor, team dedication, and the trust of the patients and doctors we serve.”

Full-year 2025 revenue reached $502.1 million, up from $221.9 million in 2024, with net product revenue of $362.4 million. Attruby’s net product revenue in the fourth quarter grew 35% quarter-over-quarter.

The company has announced three positive Phase 3 trial results in recent months. The FORTIFY trial for BBP-418 targeting LGMD2I/R9 met all primary and secondary endpoints. BridgeBio plans to submit an NDA in the first half of 2026 and expects to launch in the U.S. by late 2026 or early 2027. The CALIBRATE trial for encaleret targeting ADH1 also achieved all efficacy endpoints, with a similar submission and launch timeline. The PROPEL 3 trial for oral infigratinib for achondroplasia met its primary endpoint, with plans to submit an NDA in the second half of 2026.

As of December 31, 2025, BridgeBio held $587.5 million in cash, cash equivalents, and marketable securities. The company completed a $632.5 million convertible bond issuance in January 2026.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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