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Kymera Therapeutics (KYMR) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 4, 2025

Kymera Therapeutics (KYMR) reported revenue of $2.8M for the third quarter 2025 (Q3 2025), -26% from a year earlier and -76% from the quarter before.

Revenue$2.8M
Year over year-26%
Quarter over quarter-76%
Operating margin—
Net earnings−$82.2M

Kymera Therapeutics, Q3 2025: revenue $2.8M (-26% year over year), net loss $82.2M, operating cash flow −$27.1M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$2.8M-76%-26%
Operating profit−$92.5M——
Net earnings−$82.2M——
Operating cash flow−$27.1M——

What changed

Revenue was $2.8M in Q3 2025, down 26% year over year and down 76% from the previous quarter.

Operating costs exceeded revenue by $92.5M, an operating margin of -3347.4%. Total costs grew 26% against a revenue fall of 26%. The quarter ended with a net loss of $82.2M, wider than the previous quarter's $76.6M loss.

Operating cash flow was −$27.1M. Non-cash charges added back $2.1M of depreciation and amortization and $15.8M of share-based compensation. Working capital and other items added $37.1M. Capital expenditures of $181K exceeded it, leaving free cash flow of −$27.3M.

Questions

What was Kymera Therapeutics' revenue in the third quarter 2025?

Kymera Therapeutics (KYMR) reported revenue of $2.8M for the third quarter 2025 (Q3 2025), -26% from a year earlier and -76% from the quarter before.

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Source: Kymera Therapeutics 10-Q on SEC EDGAR.