Inferra AI / Company / XERS

Xeris Biopharma Holdings, Inc.

XERS · Health Care

Last earnings Aug 6, 2026

Key results

Total revenuequarter

50%

Total revenue in the second quarter increased almost 50% year-over-year to a record $72 million, driven by increased patient demand across all three products, with Recorlev leading the way.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Revenuequarter

$31.4 million

revenue was $31.4 million an increase of approximately 136% compared to the second quarter of 2024.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

1 Gvoke net revenue was $23.5 million an increase of approximately 17% compared to the second quarter of 2024.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Keveyis net revenue was $11.5 million a decrease of approximately 13% compared to the second quarter of 2024.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Other product revenue was $1.3 million, reflecting the sale of Gvoke VialDx TM supply to our commercial partner.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Royalty, contract and other revenue was $3.8 million and primarily reflects the recognition of an approval-based milestone for Gvoke VialDx TM .

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

revenue was $57.0 million - a 138% increase compared to the same period last year, driven primarily by increases in the number of patients on therapy.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Gvoke net revenue was $44.3 million - a 21% increase compared to the same period last year.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

AI analysis

Q2 2025 · reported Aug 7, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Revenue · Q2 2025
$31.4M
EX-99 · Aug 7, 2025

The quarter in charts

Guidance ladder — revenue

Delivered vs the company's guided range

EX-99 · Aug 7, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.

Headline figures

MetricQ2 2025Prior qtrYear ago
Total revenue50%——
Revenue$31.4 million——

EX-99 · Aug 7, 2025

Guidance · company-stated

Direction: Raised

Revenue$71.5 million

“htm EX-99.1 Document Exhibit 99.1 XERIS BIOPHARMA REPORTS RECORD FINANCIAL RESULTS FOR THE SECOND QUARTER 2025 AND RAISES FULL YEAR REVENUE GUIDANCE Total revenue increased 49% YoY to $71.5 million Recorlev revenue grew 136% YoY Raises full-year 2025 total revenue guidance to $280-$290 million from previous range of $260-$275 million Provided long-term outlook at Analyst and Investor Day in June Hosts conference call and webcast today at 8 30 a.”

Revenue

“Building on this momentum, we're raising our full-year revenue guidance to $280 $290 million, which underscores our confidence in our ability to continue to drive patient demand for our products, said John Shannon, Chief Executive Officer.”

Midpoint vs latest-quarter revenue+127.7%computed from stated figures

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Adjusted EBITDA is GAAP net income (loss) before income tax (benefit) expense, plus interest and other income, less depreciation and amortization, interest expenses, share based compensation and debt refinancing fees.

Including debt refinancing fees which related to advisory and legal fees to refinance the term loan in 2024.

What changed vs last quarter

  • Guide midpoint vs latest-quarter revenue +127.7% computed from stated figures
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Xeris Biopharma Holdings, Inc. Q2 2025 — Total revenue in the second quarter increased almost 50% year-over-year to a record $72 million, driven by increased patient demand across all three products, with Recorlev leading the way.

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “htm EX-99.1 Document Exhibit 99.1 XERIS BIOPHARMA REPORTS RECORD FINANCIAL RESULTS FOR THE SECOND QUARTER 2025 AND RAISES FULL YEAR REVENUE GUIDANCE Total revenue increased 49% YoY to $71.5 million Recorlev revenue grew 136% YoY Raises full-year 2025 total revenue guidance to $280-$290 million from previous range of $260-$275 million Provided long-term outlook at Analyst and Investor Day in June Hosts conference call and webcast today at 8 30 a.”

Revenue: “Building on this momentum, we're raising our full-year revenue guidance to $280 $290 million, which underscores our confidence in our ability to continue to drive patient demand for our products, said John Shannon, Chief Executive Officer.”

Revenue — Raised (“RAISES”)
“htm EX-99.1 Document Exhibit 99.1 XERIS BIOPHARMA REPORTS RECORD FINANCIAL RESULTS FOR THE SECOND QUARTER 2025 AND RAISES FULL YEAR REVENUE GUIDANCE Total revenue increased 49% YoY to $71.5 million Recorlev revenue grew 136% YoY Raises full-year 2025 total revenue guidance to $280-$290 million from previous range of $260-$275 million Provided long-term outlook at Analyst and Investor Day in June Hosts conference call and webcast today at 8 30 a.”

Revenue — Raised (“raising”)
“Building on this momentum, we're raising our full-year revenue guidance to $280 $290 million, which underscores our confidence in our ability to continue to drive patient demand for our products, said John Shannon, Chief Executive Officer.”

Classified from the release's primary full-year outlook statement.

Capital allocation

Adjusted EBITDA is GAAP net income (loss) before income tax (benefit) expense, plus interest and other income, less depreciation and amortization, interest expenses, share based compensation and debt refinancing fees.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Including debt refinancing fees which related to advisory and legal fees to refinance the term loan in 2024.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

New accounting pronouncements Adopted accounting standards In November 2024, the FASB issued ASU 2024-04, Debt - Debt with Conversion and Other Options (Subtopic 470-20) - Induced Conversions of Convertible Debt Instruments .

SEC original ↗Xeris Biopharma Holdings, Inc. — 10-Q Quarterly report10-QAug 6, 2026

The FASB issued final guidance to clarify the requirements for determining whether to account for certain early settlements of convertible debt instruments as induced conversions.

SEC original ↗Xeris Biopharma Holdings, Inc. — 10-Q Quarterly report10-QAug 6, 2026

The guidance, which is based on a consensus-for-exposure of the Emerging Issues Task Force (EITF), is intended to address issues that stakeholders encountered when applying the guidance on induced conversions in Accounting Standards Codification (ASC or Codification) 470-20, Debt Debt with Conversion and Other Options , to certain settlements of cash convertible debt instruments.

SEC original ↗Xeris Biopharma Holdings, Inc. — 10-Q Quarterly report10-QAug 6, 2026

The remaining balance of unamortized debt issuance costs have been reflected as a direct reduction to the loan balance.

SEC original ↗Xeris Biopharma Holdings, Inc. — 10-Q Quarterly report10-QAug 6, 2026

Strategy & priorities

Shannon added, Also in the quarter, we hosted our first-ever Analyst and Investor Day where we outlined our long-term vision and growth strategy, which included guiding to $750 million in total revenue by 2030, establishing our expectation for Recorlev at nearly $1 billion in net revenue by 2035, and highlighting the potential $1 $3 billion peak net revenue for XP-8121.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Strategic Updates On June 3, 2025, the Company hosted its first-ever Analyst and Investor Day, providing a comprehensive overview of its strategic vision for sustainable growth and long-term value creation.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These forward-looking statements are based on numerous assumptions and assessments made in light of Xeris experience and perception of historical trends, current conditions, business strategies, operating environment, future developments, geopolitical factors and other factors it believes appropriate.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

("Xeris," "Xeris Biopharma" or the "Company") is a commercial-stage biopharmaceutical company focused on developing and commercializing therapies for people with chronic endocrine and neurological diseases in the United States.

SEC original ↗Xeris Biopharma Holdings, Inc. — 10-Q Quarterly report10-QAug 6, 2026

" Loan Agreement On March 5, 2024, the Company and certain subsidiary guarantors of the Company entered into an Amended and Restated Credit Agreement and Guaranty (the "Amended and Restated Credit Agreement") with the lenders from time to time parties thereto (the "Lenders") and Hayfin Services LLP, as administrative agent for the Lenders, pursuant to which the Company and its subsidiaries party thereto granted a first priority security interest on substantially all of their assets, including intellectual property, subject to certain exceptions.

SEC original ↗Xeris Biopharma Holdings, Inc. — 10-Q Quarterly report10-QAug 6, 2026

Risks & headwinds

By their nature, forward-looking statements involve known and unknown risks and uncertainties because they relate to events and depend on circumstances that will occur in the future.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Additional risks and uncertainties not currently known to it or that it currently deems immaterial may also impact its business operations or financial results.

SEC original ↗Xeris Biopharma Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Legal Proceedings 29 Item 1A.

SEC original ↗Xeris Biopharma Holdings, Inc. — 10-Q Quarterly report10-QAug 6, 2026

and Strongbridge Dublin Limited, filed patent infringement lawsuits under the Hatch-Waxman Act in the United States District Court for the District of New Jersey against defendants (i) Torrent Pharmaceuticals Limited (along with its affiliate, Torrent ) and Somerset Therapeutics, LLC (along with its affiliates, Somerset ), (ii) Sandoz Inc.

SEC original ↗Xeris Biopharma Holdings, Inc. — 10-Q Quarterly report10-QAug 6, 2026

These lawsuits were filed following receipt of a Paragraph IV certification notice letter (each, a Notice Letter ) from each of Torrent, Somerset, Sandoz, Zydus, and Novitium regarding the filing of its respective Abbreviated New Drug Application ( ANDA ) with the U.

SEC original ↗Xeris Biopharma Holdings, Inc. — 10-Q Quarterly report10-QAug 6, 2026

The filing of each lawsuit within 45 days of receipt of each of the respective Notice Letters triggered an automatic stay of the FDA s approval of each of the respective ANDAs in accordance with the Hatch-Waxman Act until up to June 30, 2029, in the absence of a decision from the court finding all asserted claims invalid or not infringed before that date.

SEC original ↗Xeris Biopharma Holdings, Inc. — 10-Q Quarterly report10-QAug 6, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

33 documents

Earnings releases

11 documents

Presentations

0 documents

No presentations for Xeris Biopharma Holdings, Inc. are held in this edition of the library.

Transcripts

0 documents

No transcripts for Xeris Biopharma Holdings, Inc. are held in this edition of the library.

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