Edgewise Therapeutics, Inc. (EWTX) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Health Care
Pharmaceutical PreparationsSEC EDGAR

Edgewise Therapeutics, Inc. (EWTX) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Edgewise Therapeutics, Inc. FY2025 10-K Analysis

Business Overview

  • Core business: Discovery and development of precision small molecule therapies targeting severe skeletal and cardiac muscle diseases
  • New emphasis on sevasemten, an oral fast myosin inhibitor in late-stage trials for Duchenne and Becker muscular dystrophies with recent FDA Fast Track and Orphan Drug designations
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Management Discussion & Analysis

  • Net loss $167.8M in 2025 vs $133.8M in 2024, operating expenses rose $32.6M to $191.4M driven by R&D and G&A increases
  • R&D expenses $151.4M vs $127.0M (+19%), led by sevasemten $52.5M, EDG-7500 $18.4M, and new EDG-15400 $7.6M clinical program costs
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Risk Factors

  • FDA and EMA regulatory approval risks; lengthy, unpredictable processes may delay product commercialization
  • Macroeconomic risk from U.S. banking sector disruptions; Silicon Valley Bank failure may limit capital market access
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Edgewise Therapeutics, Inc. FY2025 Key Financial Metrics
XBRL

Net Income

-$168M

-25.4% YoY

ROE

-32.1%

-299bp YoY

Total Assets

$553M

+13.5% YoY

EPS (Diluted)

$-1.63

-12.4% YoY

Operating Cash Flow

-$144M

-31.9% YoY

Source: XBRL data from Edgewise Therapeutics, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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