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Filing Flows › Tvardi Therapeutics (TVRD) › Q1 2025 › vs Q1 2024

Tvardi Therapeutics (TVRD) Q1 2025 vs Q1 2024 (year over year)

Tvardi Therapeutics's revenue rose $434K (+20%) from $2.1M in Q1 2024 to $2.6M in Q1 2025. The biggest changes: Other revenue +$700K (+112%); Collaborative revenue +$410K (+52%); Clinical compound revenue −$36K (-43%).

Tvardi Therapeutics, Q1 2025: revenue $2.6M (+20% year over year), operating margin -92.9%, net loss $4.9M, operating cash flow −$4.7M. The chart draws each line against Q1 2024, the increases inside each band.

Tvardi Therapeutics: what changed, Q1 2025 vs Q1 2024Tvardi Therapeutics: what changed, Q1 2025 vs Q1 2024Operating cash sources−$27.7MOperating costs−$26.8MNet loss−$25.8MNet loss absorbed−$25.8MCash used in operations−$25.8MCosts & expenses−$25.4MResearch & development−$21.6MGeneral & admin−$2.2MWorking capital & other−$1.9MShare-based compensation−$1.9M

Every line

LineQ1 2025Q1 2024Change%
Other revenue$1.3M$623K$700K+112%
Collaborative revenue$1.2M$788K$410K+52%
Clinical compound revenue$48K$84K−$36K-43%
Revenue$2.6M$2.1M$434K+20%
Net loss$4.9M$30.7M−$25.8M-84%
Costs & expenses$7.5M$32.8M−$25.4M-77%
Operating costs$5.0M$31.8M−$26.8M-84%
Interest & other, net$2.5M$1.0M$1.5M+145%
Research & development$319K$22.0M−$21.6M-99%
General & admin$4.6M$6.8M−$2.2M-32%
Operating cash sources$6.1M$33.8M−$27.7M-82%
Share-based compensation$1.4M$3.3M−$1.9M-57%
Cash used in operations$4.7M$30.5M−$25.8M-85%
Net loss absorbed$4.9M$30.7M−$25.8M-84%
Working capital & other$1.2M$3.1M−$1.9M-61%

Questions

How much did Tvardi Therapeutics's revenue grow year over year in Q1 2025?

Tvardi Therapeutics's revenue rose $434K (+20%) from $2.1M in Q1 2024 to $2.6M in Q1 2025.

What drove Tvardi Therapeutics's revenue change in Q1 2025?

Other revenue +$700K (+112%); Collaborative revenue +$410K (+52%); Clinical compound revenue −$36K (-43%).

Q1 2025 results → · Compare in the interactive Sankey →