10-Q quarterly report · filed Aug 6, 2026

Trevi Therapeutics, Inc. (TRVI) Q2 2026 10-Q Quarterly Report

Short answer

Trevi Therapeutics, Inc. (TRVI) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026.

Q2 2026 key financials · XBRL

Net income
−$18M
−44.7% YoY · −34.9% QoQ
EPS (diluted)
−$0.12
−33.3% YoY · −33.3% QoQ

Source: XBRL data from the Trevi Therapeutics, Inc. (TRVI) Q2 2026 10-Q on SEC EDGAR. USD.

Trevi Therapeutics, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $0; no product sales, versus $0 in Q2 2025
  • Net loss $17.8M vs $12.3M YoY; operating loss $20.5M vs $13.7M
  • R&D highest-spending program area, $15.2M vs $9.4M, driven by OCEAN-1 and LAKE trials
  • Cash, equivalents and marketable securities $318.9M at June 30, 2026; operating cash use $34.1M vs $23.6M
  • April offering generated $162.3M net proceeds; management expects funding for at least 12 months, but substantial additional funding remains necessary

Risk Factors

  • New disclosure risk: market value above $700.0 million eliminates smaller-reporting-company accommodations beginning fiscal 2027
  • Regulatory disclosure risk: continued scaled disclosures through fiscal 2026 may reduce investor comparability
  • Competitive risk: taplucainium remains in RCC development while Haduvio lacks approval
  • Market risk: potential fibrosis therapies could reduce demand for chronic-cough treatment in IPF and ILD
  • Competitive resource risk: larger rivals possess greater clinical, manufacturing, and commercialization capabilities

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

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