ROIV Roivant Sciences
Price Chart
Executive Summary
Roivant Sciences reported Q4 FY2026 GAAP EPS of $0.43 (including a $770M litigation settlement gain) vs consensus of -$0.35, but non-GAAP loss from operations widened to $222.7M. Revenue fell 67% YoY to $2.5M due to prior-year Telavant milestone. Key pipeline catalysts include positive IMVT-1402 D2T RA data, brepocitinib NDA acceptance with Priority Review, and the $2.25B Moderna settlement, providing a strong cash runway of $4.3B into profitability.
Actionable Insight
Monitor upcoming catalysts: brepocitinib PDUFA decision (H2 2026), IMVT-1402 D2T RA Period 2 data (H2 2026), and mosliciguat PH-ILD readout. The $4.3B cash runway supports multiple value-creating milestones without near-term dilution risk.
Key Facts
- GAAP EPS from continuing ops: $0.43 (basic) vs consensus -$0.35, boosted by $770.2M litigation settlement gain.
- Non-GAAP adjusted loss from continuing ops: $222.7M for Q4 FY2026 vs $154.4M in Q4 FY2025.
- Revenue: $2.5M vs $7.6M YoY, down 67%, due to absence of milestones.
- Cash & marketable securities: $4.3B as of March 31, 2026.
- IMVT-1402 in D2T RA showed 72.7% ACR20, 54.5% ACR50, 35.8% ACR70 at Week 16.
- Brepocitinib NDA for dermatomyositis accepted with Priority Review; launch expected by September 2026.
- Moderna settlement: $950M non-contingent payment due July 2026, plus up to $1.3B contingent.
- Mosliciguat PH-ILD trial fully enrolled; topline data expected H2 2026.
Financial Impact
Non-GAAP operating loss widened $68M YoY to $222.7M; GAAP profitability driven by one-time litigation gain of $770M.
Risk Factors
- Brepocitinib NDA may face FDA delays or label restrictions.
- IMVT-1402 randomized Period 2 results could fail to differentiate from placebo.
- Revenue decline exposes lack of recurring commercial revenue; reliance on pipeline success.
- Moderna's $1.3B contingent payment depends on favorable Section 1498 appeal outcome.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3298334 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 20, 2026
20d ago
|
8-K
| $32.41 $29.58 | ▼ −8.73% | ▼ −9.97% | $29.05 (−10.37%) |
|
May 20, 2026
20d ago
|
Press Release
| $32.41 $29.58 | ▼ −8.73% | ▼ −9.97% | $29.05 (−10.37%) |
|
Apr 2, 2026
9w ago
|
8-K
| $28.33 $28.21 | ▼ −0.42% | ▼ −4.04% | $29.05 (+2.54%) |
|
Apr 2, 2026
9w ago
|
Press Release
| $28.33 $28.21 | ▼ −0.42% | ▼ −4.04% | $29.05 (+2.54%) |
|
Apr 2, 2026
9w ago
|
Press Release
| $28.33 $28.21 | ▼ −0.42% | ▼ −4.04% | $29.05 (+2.54%) |
|
Mar 28, 2026
10w ago
|
Press Release
| $26.41 $27.75 | ▲ +5.07% | ▲ +0.77% | $29.05 (+10.00%) |
|
Mar 16, 2026
12w ago
|
Insider Cluster
| $28.28 $27.93 | ▼ −1.24% | ▲ +0.80% | $29.05 (+2.72%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access