EyePoint Pharmaceuticals Reports Q2 2025 Financial Results, Highlights Recent Developments and Milestones

EyePoint Pharmaceuticals reported Q2 2025 revenue of $5.3 million, a significant decline from $9.5 million in Q2 2024. The company completed enrollment for its Phase 3 trials for the DURAVYU program in wet AMD in under seven months. EyePoint maintains a strong cash position with $256 million, allowing operations to continue into 2027.

EyePoint Pharmaceuticals (EYPT) reported its second quarter (Q2) 2025 financial results, which included a significant decline in revenue and an increase in operating expenses. The company reported a net loss of $59.4 million, with earnings per share (EPS) of -$0.85, missing the forecasted EPS of -$0.81. Revenue for Q2 2025 was $5.3 million, a substantial decrease from $9.5 million in Q2 2024. The company's stock price fell by 12.76% in pre-market trading following the announcement.

Key highlights from the earnings report include:

- Revenue: The company's revenue declined by 42.4% year-over-year (YoY), falling from $9.5 million in Q2 2024 to $5.3 million in Q2 2025.
- Operating Expenses: Operating expenses increased to $67.6 million from $44 million in the previous year, contributing to the larger net loss.
- Cash Position: EyePoint maintains a strong cash position with $256 million, extending its runway into 2027.
- Clinical Trials: The company completed enrollment for its Phase 3 trials for the DuraVu program in wet AMD in under seven months, positioning it for top-line data in mid-2026.

The company's CEO, Dr. Jay Duker, emphasized the company's progress in clinical trials and its strong cash position. He stated, "We are well positioned to continue as the leader in sustained release drug delivery for retinal disease."

EyePoint Pharmaceuticals continues to face challenges, including financial underperformance and increased competition in the wet AMD market. However, the company's robust pipeline and strong cash position provide a foundation for future growth. Investors should closely monitor the company's progress in clinical trials and its ability to manage expenses.

References:
[1] https://www.investing.com/news/transcripts/earnings-call-transcript-eyepoint-pharmaceuticals-q2-2025-sees-revenue-miss-stock-drops-93CH-4173731