Keros Therapeutics, Inc. ( (KROS) ) has released its Q2 earnings. Here is a breakdown of the information Keros Therapeutics, Inc. presented to its investors.
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Keros Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing novel therapeutics for disorders linked to dysfunctional signaling of the transforming growth factor-beta family of proteins, with its principal offices located in Lexington, Massachusetts.
In its latest earnings report for the quarter ended June 30, 2025, Keros Therapeutics highlighted a significant increase in total revenue, driven by license revenue, which contributed to a positive net income for the period. The company continues to focus on its lead product candidates, KER-065 and elritercept (KER-050), which are in various stages of clinical development.
Key financial metrics from the report indicate that Keros Therapeutics achieved total revenue of $229.4 million for the first half of 2025, a substantial increase from the previous year. This growth was primarily due to a one-time license revenue of $195.4 million. Despite increased operating expenses, the company reported a net income of $117.8 million for the six months ended June 30, 2025, compared to a net loss in the same period last year. The company also announced a plan to return $375 million in excess capital to its stockholders.
Looking ahead, Keros Therapeutics remains committed to advancing its clinical programs and exploring strategic opportunities to enhance shareholder value. The company’s management expresses confidence in its financial position and ongoing efforts to bring its innovative therapies to market, while also navigating the challenges inherent in the biopharmaceutical industry.