Sign in

You're signed outSign in or to get full access.

RIGEL PHARMACEUTICALS (RIGL)

--

Earnings summaries and quarterly performance for RIGEL PHARMACEUTICALS.

Recent press releases and 8-K filings for RIGL.

Rigel Pharmaceuticals Reports Strong 2025 Performance and Provides 2026 Guidance
RIGL
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Rigel Pharmaceuticals achieved profitability in Q3 2024 and has since generated $100 million in cash, doubling its cash position to $154 million in calendar year 2025.
  • The company reported substantial commercial growth in 2025, with sales increasing by almost $90 million and Q4 2025 showing 41% growth year-over-year.
  • For 2026, Rigel projects total revenue of $275 million-$290 million, comprising $255 million-$265 million in product revenue and $20 million-$25 million in contract revenue, expecting to remain net cash positive.
  • Commercial products demonstrated strong performance, with TAVALISSE reaching $45 million in sales in Q4 2025 with 47% growth, and GAVRETO and REZLIDHIA each growing to over $10 million per quarter.
  • Rigel is advancing its pipeline, notably with R289 (IRAK1 and 4 inhibitor) for low-risk MDS, which represents a potential multi-hundred million to billion-dollar opportunity, with a registrational study anticipated in 2027.
1 day ago
Rigel Pharmaceuticals Reports Strong 2025 Performance and Provides 2026 Guidance
RIGL
Revenue Acceleration/Inflection
Guidance Update
New Projects/Investments
  • Rigel Pharmaceuticals achieved profitability in Q3 2024 and has since generated $100 million in cash.
  • The company reported a "stellar year" in 2025, with almost $90 million in sales growth and 41% growth in Q4 2025 over the prior year's Q4.
  • Rigel's cash position doubled to $154 million in calendar year 2025.
  • For 2026, the company provided guidance of $275-$290 million in total revenue, comprising $255-$265 million in product revenue and $20-$25 million in contract revenue, and expects to be net cash positive.
  • Key strategic objectives include growing the commercial business, in-licensing late-stage products for launch between 2026 and 2028, and advancing the R289 pipeline asset, which is a potential multi-hundred million to billion-dollar opportunity with a registrational study planned for 2027.
1 day ago
Rigel Pharmaceuticals Updates on Strategy, Financials, and Pipeline
RIGL
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
  • Rigel Pharmaceuticals achieved profitability in Q3 2024 and has since generated $100 million in cash, increasing its cash position to $154 million in calendar year 2025.
  • For 2026, the company projects total revenue between $275 million and $290 million, comprising $255 million to $265 million in product revenue and $20 million to $25 million in contract revenue, while maintaining a net cash positive position.
  • The commercial business, featuring products like Tavalisse, Rezlidhia, and Gavreto, saw 35% growth from 2022 to a guided midpoint of $260 million for 2025, with the Inflation Reduction Act (IRA) contributing to Tavalisse's performance.
  • The lead pipeline asset, R289, an IRAK1 and 4 inhibitor for low-risk Myelodysplastic Syndromes (MDS), demonstrated a 33% response rate in transfusion-dependent patients in its Phase 1b study, with a registrational study anticipated in 2027.
1 day ago
Rigel Pharmaceuticals Provides Q4 and Full-Year 2025 Preliminary Results and 2026 Outlook
RIGL
Earnings
Guidance Update
  • Rigel reported preliminary Q4 2025 total revenue of approximately $69.8 million, including net product sales of $65.4 million, and preliminary full-year 2025 total revenue of $294.3 million with net product sales of $232.0 million.
  • The company's cash, cash equivalents, and short-term investments were approximately $154.6 million as of December 31, 2025, significantly up from $77.3 million at the end of 2024.
  • For 2026, Rigel anticipates total revenue of $275 to $290 million, including net product sales of $255 to $265 million, and expects to achieve positive net income for the full year.
  • In clinical development, the Phase 1b study of R289 in lower-risk MDS showed red blood cell transfusion independence (RBC-TI) in 33% (6/18) of evaluable transfusion-dependent patients receiving doses of at least 500 mg QD, with preliminary data from the dose expansion phase expected by the end of 2026.
  • The FDA approved a supplemental New Drug Application for GAVRETO to add a boxed warning regarding serious infections in December 2025.
3 days ago
Rigel Pharmaceuticals Provides Business Update and 2026 Outlook
RIGL
Earnings
Guidance Update
New Projects/Investments
  • Rigel Pharmaceuticals reported preliminary fourth quarter 2025 total revenue of approximately $69.8 million, including net product sales of $65.4 million, and expects full-year 2025 total revenue of $294.3 million, with net product sales of $232.0 million.
  • The company anticipates reporting cash, cash equivalents, and short-term investments of approximately $154.6 million as of December 31, 2025.
  • For 2026, Rigel projects full-year total revenue of approximately $275 to $290 million, including net product sales of $255 to $265 million, and expects to achieve positive net income for the full year.
  • The Phase 1b study of R289 in lower-risk MDS continues to show R289 is generally well tolerated, with red blood cell transfusion independence (RBC-TI) achieved by 33% (6/18) of evaluable transfusion dependent patients receiving doses ≥500 mg QD, and enrollment in the dose expansion phase is on track to complete in the second half of 2026.
3 days ago
Rigel Presents Updated Phase 1b Data for R289 in Lower-Risk MDS
RIGL
New Projects/Investments
Guidance Update
  • Rigel Pharmaceuticals, Inc. presented updated data from its ongoing Phase 1b study evaluating R289 in patients with lower-risk myelodysplastic syndrome (MDS) at the 67th ASH Annual Meeting and Exposition on December 7, 2025.
  • The study indicated that R289 was generally well tolerated, with preliminary efficacy observed in elderly, heavily pre-treated lower-risk MDS patients at doses of ≥500 mg QD.
  • 33% (6/18) of evaluable transfusion-dependent patients receiving R289 doses ≥500 mg QD achieved red blood cell transfusion independence (RBC-TI), with a median duration of RBC-TI of 22.9 weeks.
  • Enrollment in the dose escalation phase was completed in July 2025, and the dose expansion phase began in October 2025. Rigel anticipates selecting the recommended Phase 2 dose for future clinical studies in the second half of 2026.
Dec 10, 2025, 9:05 PM
Rigel Pharmaceuticals Reports Strong Product Sales Growth and Increased Revenue Guidance
RIGL
Revenue Acceleration/Inflection
Guidance Update
New Projects/Investments
  • Rigel Pharmaceuticals reported strong U.S. net product sales growth of 65% year-over-year to $64.1 million in Q4 2025 and $166 million through Q3 2025.
  • The company increased its total revenue guidance for 2025 to $285-$290 million, with net product sales guidance of $225-$230 million.
  • Key product performance includes Tavalisse sales of $44.7 million with 70% year-over-year growth, Gavreto sales growing to over $11 million per quarter, and Rezlidhia showing 50% year-over-year growth.
  • Rigel achieved net income of approximately $28 million through Q3 2025 and increased its cash balance by $60 million to $137 million.
  • The company is advancing its pipeline, including the IRAK1/4 inhibitor program with an upcoming oral presentation at ASH and fast-track/orphan designation, and pursuing in-licensing opportunities for differentiated hematology/oncology assets.
Dec 3, 2025, 1:30 PM
Rigel Updates on Financial Performance, Product Growth, and Pipeline at Piper Sandler Conference
RIGL
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Rigel reported $166 million in total revenue through Q3 and $64 million in Q3 alone, achieving profitability in each of the first three quarters ,.
  • The company increased its full-year total revenue guidance to $285-$290 million, with net product sales guidance of $225-$230 million.
  • Key products demonstrated strong growth, including Tavalisse with 70% year-over-year growth to $44.7 million, Gavreto sales exceeding $11 million per quarter, and Rezlidhia growing 50% year-over-year.
  • Rigel's IRAK1/4 inhibitor program for lower risk MDS has received Fast-Track and Orphan Designation from the FDA, with new data to be presented at ASH and the dose expansion phase underway.
  • The company's cash balance increased by $60 million to $137 million, providing funding for pipeline opportunities.
Dec 3, 2025, 1:30 PM
Rigel Pharmaceuticals CFO Highlights Strong Commercial Growth and Pipeline Opportunities
RIGL
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Rigel Pharmaceuticals reported US net product sales of $64 million in Q3 and $166 million cumulatively through Q3, reflecting 65% year-over-year growth.
  • The company has increased its full-year guidance for total revenue to $285 million-$290 million, with net product sales projected at $225 million-$230 million and collaboration revenues at $60 million, representing 55%-59% year-over-year growth.
  • Rigel's commercial products, including TAVALISSE ($44.7 million) and GAVRETO (over $11 million), are experiencing significant growth, with TAVALISSE showing 70% year-over-year growth.
  • The company is advancing its pipeline with an IRAK1/4 inhibitor program in lower-risk MDS, which will have an oral presentation at ASH, and strategic collaborations for olutasidenib in various IDH1 positive indications.
  • Rigel maintains a strong financial position with a cash balance of $137 million and net income of approximately $28 million through Q3.
Dec 3, 2025, 1:30 PM
Rigel Pharmaceuticals Updates on Strong Commercial Growth, Profitability, and Pipeline Progress at Jefferies Conference
RIGL
Revenue Acceleration/Inflection
Guidance Update
New Projects/Investments
  • Rigel Pharmaceuticals reported strong financial performance, achieving profitability in 2024 and through the first three quarters of 2025, generating $60 million in cash year-to-date.
  • Net product sales for the last quarter reached $64 million, marking a 65% increase year-over-year, with significant contributions from TAVALISSE, REZLIDHIA, and GAVRETO.
  • The company raised its full-year 2025 guidance, projecting total revenue between $285-$290 million and net product sales of $225-$230 million, while reaffirming its expectation for net income positive results.
  • Rigel's pipeline includes R289, an IRAK1/4 inhibitor for low-risk MDS, with new data to be presented at the upcoming ASH meeting and a registration study targeted for 2027.
  • The strategic focus involves continued commercial expansion, in-licensing additional late-stage hematology and oncology assets, and funding transformational pipeline programs with internally generated cash.
Nov 18, 2025, 10:00 AM