10-Q quarterly report · filed Nov 6, 2025

Coherus Oncology, Inc. (CHRS) Q3 2025 10-Q Quarterly Report

Short answer

Coherus Oncology, Inc. (CHRS) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $12M (down 83.7% year over year) with net income of −$36M.

Q3 2025 key financials · XBRL

Revenue
$12M
−83.7% YoY · +12.8% QoQ
Net income
−$36M
−230.5% YoY · −111.9% QoQ
Operating margin
-383.1%
EPS (diluted)
−$0.31
−287.5% YoY · −112.1% QoQ

Source: XBRL data from the Coherus Oncology, Inc. (CHRS) Q3 2025 10-Q on SEC EDGAR. USD.

Coherus Oncology, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $11.6M, up $5.5M YoY, driven by LOQTORZI revenue of $11.2M versus $5.8M
  • Gross margin 68% versus 55% YoY, with LOQTORZI best-performing product line
  • R&D expense $27.3M versus $22.1M YoY, led by CHS-114 and casdozokitug development
  • Cash, equivalents and marketable securities $191.7M versus $126.0M at December 31, 2024
  • 2025 outlook: higher revenue and R&D, lower SG&A and interest expense; continued LOQTORZI growth expected

Risk Factors

  • Newly highlighted OBBBA risk: healthcare reform may raise commercialization costs and constrain LOQTORZI pricing
  • Profitability risk intensified after UDENYCA Sale: LOQTORZI may not replace materially higher UDENYCA revenue
  • Regulatory risk: FDA funding shortages, staffing limits, shutdowns, or health emergencies could delay inspections and approvals
  • Competitive risk: LOQTORZI, CHS-114, and casdozokitug face significant immuno-oncology biologic competition
  • Liquidity risk: $191.7 million in cash, equivalents, and marketable securities as of September 30, 2025; additional funding may be needed

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Coherus Oncology, Inc. quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.