Travere Therapeutics Reports Strong FILSPARI Sales Amid FDA Review
Travere Therapeutics' stock plummeted 30% as it hit a 20-day low, reflecting investor concerns following the FDA's request for additional information on its Filspari treatment.
The company's recent report highlighted approximately $103 million in net product sales for FILSPARI in Q4 2025, marking a 108% year-over-year growth. However, the stock's decline was exacerbated by the FDA's ongoing review of Filspari, which is crucial for its approval in treating Focal Segmental Glomerulosclerosis. This uncertainty has led to a significant market reaction, impacting investor confidence despite the strong sales performance.
The implications of this situation suggest that while Travere is experiencing strong demand for FILSPARI, the market's sensitivity to regulatory outcomes could lead to continued volatility in its stock price. The upcoming FDA decision will be pivotal for the company's future growth prospects.
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- Earnings Announcement Date: Travere Therapeutics is set to release its Q4 earnings on February 19th after market close, with a consensus EPS estimate of $0.37, reflecting a substantial year-over-year increase of 178.7%, which could boost investor confidence and potentially drive stock price appreciation.
- Strong Revenue Expectations: The anticipated revenue for Q4 is $147.68 million, representing a 97.5% year-over-year growth, indicating robust market performance that may attract increased investor interest in the company's future prospects.
- Historical Performance Review: Over the past two years, Travere has exceeded EPS and revenue estimates 75% of the time, demonstrating financial stability that enhances market confidence in the upcoming earnings report.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen three upward revisions and one downward revision, while revenue estimates experienced three upward and three downward revisions, reflecting mixed market sentiment regarding the company's future performance, warranting close attention to the upcoming earnings release.
- Equity Incentive Program: On February 10, 2026, Travere Therapeutics granted 49,200 restricted stock units (RSUs) to ten new employees, highlighting the company's commitment to attracting talent and enhancing its workforce.
- Grant Conditions: These RSUs were awarded outside of the 2018 Equity Incentive Plan but comply with Nasdaq Listing Rule 5635(c)(4), demonstrating the company's flexibility in incentivizing new hires.
- Vesting Arrangement: The RSUs vest over four years with 25% vesting annually, which not only encourages long-term retention of new employees but also strengthens team stability and cohesion.
- Company Mission: Travere is dedicated to providing treatment options for rare disease patients, emphasizing its mission in the biopharmaceutical sector to improve patient lives through innovative therapies, thereby reinforcing its market position.
- Equity Incentive Plan: On February 10, 2026, Travere Therapeutics granted inducement restricted stock units (RSUs) covering 49,200 shares to ten new employees, aimed at attracting talent and enhancing employee loyalty.
- Grant Conditions: These RSUs were granted outside of Travere's 2018 Equity Incentive Plan but comply with Nasdaq Listing Rule 5635(c)(4), serving as inducements for new hires.
- Vesting Arrangement: The RSUs vest over four years with 25% vesting annually, ensuring continued service from new employees while enhancing talent retention within the company.
- Company Mission: Travere is committed to providing treatment options for rare disease patients, emphasizing collaboration with the rare disease community to develop and deliver life-changing therapies, reflecting the company's deep care for patients.
- Event Announcement: Travere Therapeutics will present at the Guggenheim Emerging Outlook: Biotech Summit 2026 on February 11, 2026, at 4:00 p.m. ET, showcasing the company's latest advancements in the rare disease sector.
- Live Webcast: The presentation will be accessible via a live webcast on Travere's investor page at ir.travere.com/events-and-presentations, with a replay available for 30 days post-event, ensuring that investors unable to attend live can still access the information.
- Company Mission: Travere Therapeutics focuses on providing urgently needed treatment options for patients with rare diseases and their families, emphasizing collaboration with the rare disease community to develop and deliver life-changing therapies, reflecting the company's commitment to patient needs.
- Future Outlook: By participating in this summit, Travere aims to enhance its influence in the biopharmaceutical industry, demonstrating its innovative efforts in rare disease treatment and boosting investor confidence in the company's future growth.
- Investigation Background: Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws by Travere Therapeutics, Inc., focusing on whether the company and its executives made materially false or misleading statements or omitted critical information that could harm investors.
- Investor Call to Action: The firm is urging any Travere investors with relevant information, particularly those who have suffered losses, to come forward to assist in the investigation and pursue potential compensation for their losses.
- Company Overview: Travere Therapeutics is a biopharmaceutical company dedicated to developing therapies for rare kidney and metabolic diseases, primarily serving the U.S. market, highlighting its specialization and the demand in this niche medical field.
- Law Firm's Strength: Robbins Geller is one of the world's leading law firms in securities fraud and shareholder litigation, having been ranked #1 in ISS Securities Class Action Services for four out of the last five years, recovering over $2.5 billion for investors in 2024 alone, underscoring its significant influence in the industry.

- Investigation Launched: Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws by Travere Therapeutics (NASDAQ: TVTX), focusing on whether executives made materially false or misleading statements that could undermine investor confidence.
- Investor Loss Focus: The investigation particularly targets investors who suffered losses in Travere, with the firm encouraging affected individuals to provide information, demonstrating a commitment to protecting investor rights.
- Law Firm Strength: Robbins Geller is recognized as one of the world's leading law firms in securities fraud and shareholder litigation, having ranked #1 in ISS Securities Class Action Services for four out of the last five years, highlighting its strong capability in securing investor compensation.
- Historical Recovery Record: In 2024, the firm recovered over $2.5 billion for investors in securities-related class action cases, surpassing the combined total of the next five law firms, showcasing its exceptional performance in the securities litigation arena.









