Spero Therapeutics
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Spero Therapeutics (SPRO) investor relations material

Spero Therapeutics Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary26 Mar, 2026

Executive summary

  • Achieved significant progress in tebipenem HBr program for cUTI, including NDA resubmission and completion of global Phase 3 trial.

  • Licensing partner GSK announced FDA PDUFA date for tebipenem HBr as June 18, 2026.

  • Focused on fulfilling obligations under GSK license and exploring portfolio expansion opportunities.

Financial highlights

  • Net income for Q4 2025 was $31.5 million, compared to a net loss of $(20.9) million in Q4 2024.

  • Net income for full year 2025 was $8.6 million, versus a net loss of $(68.6) million in 2024.

  • Total revenue for Q4 2025 was $41.3 million, up from $15.0 million in Q4 2024, driven by increased collaboration revenue from GSK and Pfizer.

  • Full year 2025 revenue was $66.8 million, up from $48.0 million in 2024.

  • Cash and cash equivalents as of December 31, 2025, were $40.3 million.

Outlook and guidance

  • Cash and cash equivalents expected to fund operations into 2028.

  • Awaiting FDA decision on tebipenem HBr NDA by June 18, 2026.

  • Exploring opportunities to expand clinical-stage product portfolio.

Strategy for clinical-stage portfolio expansion
Impact of early trial termination on FDA labeling
Future milestone triggers from GSK and Pfizer
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