Vanda Pharmaceuticals Q4 Non-GAAP net loss hits USD 106.78 million

Reuters
Feb 12
Vanda Pharmaceuticals Q4 Non-GAAP net loss hits USD 106.78 million

Vanda Pharmaceuticals Inc. reported financial results for the periods ended December 31, 2025. For the fourth quarter, Fanapt net product sales reached USD 33.22 million, while HETLIOZ net product sales totaled USD 16.39 million. For the full year 2025, Fanapt net product sales amounted to USD 117.30 million and HETLIOZ net product sales were USD 94.30 million. The company provided non-GAAP financial information, excluding a one-time, non-cash valuation allowance income tax charge, to assist investors in assessing its ongoing business performance. Vanda Pharmaceuticals stated that these adjustments better reflect the recurring economic characteristics of its operations and long-term performance. Additional details, including reconciliations of non-GAAP to GAAP figures, are available through the company's public filings. Vanda Pharmaceuticals continues to focus on the development and commercialization of innovative therapies to address high unmet medical needs.

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