10-Q quarterly report · filed Oct 30, 2025

Travere Therapeutics, Inc. (TVTX) Q3 2025 10-Q Quarterly Report

Short answer

Travere Therapeutics, Inc. (TVTX) filed its Q3 2025 10-Q quarterly report on Oct 30, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $165M (up 162.1% year over year) with net income of $26M.

Q3 2025 key financials · XBRL

Revenue
$165M
+162.1% YoY · +44.0% QoQ
Net income
$26M
+146.9% YoY · +301.5% QoQ
Operating margin
15.1%
EPS (diluted)
$0.29
+141.4% YoY · +307.1% QoQ

Source: XBRL data from the Travere Therapeutics, Inc. (TVTX) Q3 2025 10-Q on SEC EDGAR. USD.

Travere Therapeutics, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New commercialization risk: FDA full approval of FILSPARI in Sept 2024 replacing prior accelerated approval in Feb 2023 requires expanded U.S. sales force training and market adoption efforts
  • Most material update: Expanded risks on third-party commercialization outside U.S. due to CSL Vifor acquisition by CSL Limited and possible reduced marketing support
  • Regulatory risk: $6.2M invoice paid in Oct 2024 relating to French authority price recalculation on Kolbam sales 2015-2020, appeal ongoing with uncertain final liability
  • Operational risk: Dependence on third-party sole-source manufacturers and distributors risks supply disruptions and increased cost from tariff or trade policy changes
  • Financial risk: Exposure to pricing pressure from U.S. MFN drug pricing executive order (May 2025) and ongoing healthcare payer reimbursement restrictions affecting product demand and pricing

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

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