Insmed reports Q1 EPS ($1.42), consensus ($1.36)

Reports Q1 revenue $92.8M, consensus $92.09M. “In the first quarter of 2025, Insmed (INSM) demonstrated executional excellence across our commercial and clinical programs, while simultaneously preparing for critical near-term milestones, including our Phase 2 data readout of TPIP in PAH, and our anticipated FDA approval of brensocatib for bronchiectasis,” said Will Lewis, Chair and Chief Executive Officer of Insmed. “Against the backdrop of an evolving regulatory environment, brensocatib’s FDA review process remains on track, and we are relentlessly focused on preparing for a frictionless launch for the patients counting on us to succeed. This momentum is anticipated to continue as we expect to unveil data from our Phase 2 BiRCh study of brensocatib in chronic rhinosinusitis without nasal polyps by year-end 2025 and our Phase 3 ENCORE study of ARIKAYCE in all MAC lung disease patients in the first half of 2026. As I reflect on these upcoming catalysts, I couldn’t be prouder of the Insmed team working tirelessly to achieve our ambitious vision.”