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Trevi Therapeutics (TRVI) Q4 Loss Narrows to $0.06/Share vs $0.10 Estimate, 37% Better Than Expected

Earnings Per Share (GAAP)
$-0.06
vs $-0.10 est. (narrower loss, 37.2%)
Revenue
$0
vs $0 est.

Loss narrows sharply. Trevi Therapeutics, Inc. (NASDAQ: TRVI) reported a loss of $0.06 per share for Q4 2025, narrower than the consensus estimate of $0.10 per share. The biotech posted a narrower loss than expected by 37.2%, marking its fourth consecutive quarter of beating analyst expectations. The company’s net loss totaled $8.3 million for the quarter. Year-over-year, the loss per share improved 45.5% from the $0.11 loss reported in Q4 2024.

No revenue yet. Trevi reported zero revenue for Q4 2025, matching the $0 consensus estimate. The company remains pre-commercial, consistent with its Q4 2024 results when it also reported no revenue. As a clinical-stage biotechnology company, Trevi’s valuation hinges on pipeline progress rather than current sales. The company’s operating loss for the quarter was $10.2 million.

Analyst support remains strong. Wall Street maintains unanimous bullish sentiment on TRVI, with 11 analysts covering the stock—2 rating it Strong Buy and 9 rating it Buy, with zero Hold or Sell ratings. This consensus has held steady for at least three months. The stock closed at $11.16 on volume of 1.02 million shares, well above its 52-week low of $4.85 but below its $14.39 high.

What to Watch: Monitor the company’s earnings call replay for updates on clinical trial timelines and cash runway—critical catalysts for a pre-revenue biotech burning through $10 million per quarter in operating expenses.

This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.

The post Trevi Therapeutics (TRVI) Q4 Loss Narrows to $0.06/Share vs $0.10 Estimate, 37% Better Than Expected first appeared on Alphastreet.

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