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Sarepta Therapeutics Inc
NASDAQ:SRPT

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Sarepta Therapeutics Inc Logo
Sarepta Therapeutics Inc
NASDAQ:SRPT
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Price: 23.08 USD 1.23% Market Closed
Market Cap: $2.4B

Sarepta Therapeutics Inc
Investor Relations

Sarepta Therapeutics Inc. is a company firmly rooted in the ambitious quest to change the lives of those grappling with rare genetic disorders, particularly focusing on Duchenne muscular dystrophy (DMD). The scientists and innovators at Sarepta are driven by their expertise in genetic medicine, utilizing cutting-edge technologies such as exon skipping, gene therapy, and RNA-targeted therapeutics to develop treatments that combat the underlying causes of these debilitating diseases. The company's journey is underscored by its commitment to not only advancing science but also accelerating the delivery of hope to patients and families affected by these life-limiting conditions.

Central to Sarepta's business model is the commercialization of its approved therapies, alongside an expansive pipeline of potential treatments still in various stages of research and development. By prioritizing strategic partnerships and leveraging their robust intellectual property portfolio, Sarepta translates pioneering science into tangible healthcare solutions. Revenue is chiefly generated through the sales of its FDA-approved DMD treatments, capturing a market niche due to the lack of viable alternatives. As Sarepta looks toward future horizons, the company remains steadfast in its mission to scale new heights in genetic medicine, aiming to redefine the standard of care for rare neuromuscular diseases worldwide.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Feb 25, 2026
AI Summary
Q4 2025

Revenue Growth: Sarepta reported full-year 2025 total revenues of $2.2 billion, up 16% year-over-year, with net product revenue of $1.86 billion.

2026 Guidance: The company guided 2026 net product revenue to $1.2–1.4 billion, advising to model toward the low end due to expected timing of commercial initiatives for ELEVIDYS.

ELEVIDYS Dynamics: ELEVIDYS fourth quarter revenue was $110 million, affected by flu season and rescheduled infusions, with total 2025 ELEVIDYS sales of $899 million.

PMO Franchise: PMO therapies remained stable, generating $966 million in 2025; consensus for 2026 is unchanged, with some modest decline expected as patients transition to ELEVIDYS.

Profitability & Cash: Sarepta exited 2025 with $954 million in cash/investments and positive operating cash flow; management expects to remain cash flow positive and profitable on a non-GAAP basis in 2026.

Pipeline Progress: Sarepta highlighted progress in its siRNA pipeline, with several clinical and preclinical programs advancing, and expects important data updates in 2026.

CEO Succession: CEO Doug Ingram announced his intent to retire by end of 2026, with an internal and external search for his successor underway.

Key Financials
Total Revenue
$2.2 billion
Net Product Revenue
$1.86 billion
ELEVIDYS Revenue (2025)
$899 million
ELEVIDYS Revenue (Q4 2025)
$110 million
PMO Franchise Revenue (2025)
$966 million
Cash and Investments (end 2025)
$954 million
Operating Profit (2025, underlying business)
$226 million
Operating Loss (2025, GAAP)
$700 million
Operating Loss (2025, non-GAAP)
$492 million
Cost of Sales (Q4 2025)
$399 million
Cost of Sales (2025)
$840 million
Gross Margin (2025, underlying unit sales)
low 80%
Non-GAAP R&D and SG&A Expense (Q4 2025)
$413 million
Non-GAAP Expenses (2025, full year)
$1.85 billion
Positive Cash Flow (2025, base business ex-Arrowhead)
$330 million
Collaboration/Contract Manufacturing/Royalty Revenue (2025)
$334 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Douglas S. Ingram Esq.
President, CEO & Director
No Bio Available
Mr. Ian Michael Estepan
Executive VP & CFO
No Bio Available
Mr. Bilal Arif
Executive VP & Chief Technical Operations Officer
No Bio Available
Ms. Francesca T. Nolan
Executive Director of Investor Relations and Corporate Communications
No Bio Available
Ms. Alison Nasisi
Executive VP & Chief People Officer
No Bio Available
Dr. Diane L. Berry Ph.D.
Executive VP and Chief of Global Policy & Advocacy Officer
No Bio Available
Mr. Dallan Murray
Executive VP & Chief Customer Officer
No Bio Available
Mr. Will Tilton
Senior VP, Head of Strategy & Chief of Staff
No Bio Available
Mary Jenkins
Senior Manager of Investor Relations
No Bio Available

Contacts

Address
MASSACHUSETTS
Cambridge
215 1st St Ste 415
Contacts
+16172744000.0
www.sarepta.com
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