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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.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.
- Q2 net loss was $17.9M as R&D spending rose; cash runway extends into late 2025.SPRO
Q2 20242 Feb 2026 - SPR720 nears pivotal data for NTM-PD, while Tebipenem HBr advances in phase III with GSK.SPRO
H.C. Wainwright 26th Annual Global Investment Conference 202421 Jan 2026 - Advancing late-stage anti-infective therapies with major data and regulatory milestones ahead.SPRO
2024 Cantor Fitzgerald Global Healthcare Conference20 Jan 2026 - Tebipenem HBr phase III interim analysis set for Q2 2025; cash runway into Q2 2026.SPRO
Q4 202424 Dec 2025 - Lead oral carbapenem asset nears phase III completion, with major milestones expected this year.SPRO
TD Cowen 45th Annual Healthcare Conference16 Dec 2025 - Stockholders to vote on director elections, auditor, executive pay, and stock plan amendment.SPRO
Proxy Filing2 Dec 2025 - Annual meeting to vote on directors, auditor, executive pay, and stock plan share increase.SPRO
Proxy Filing2 Dec 2025 - Tebipenem HBr Phase 3 trial met efficacy early, boosting revenue and extending cash runway into 2028.SPRO
Q2 202523 Nov 2025 - Tebipenem HBr met Phase 3 endpoint; FDA filing planned and financials improved.SPRO
Q3 202513 Nov 2025
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