Vanda generated $57.2 million in total revenues in Q4 2025, up 8% year-over-year, driven by 25% growth in Fanapt sales. The company reported a net loss of $141.2 million, primarily due to a $113.7 million one-time non-cash tax charge.
Total Q4 2025 revenues increased 8% year-over-year to $57.2 million.
Fanapt net product sales grew 25% to $33.2 million in the quarter.
Net loss was $141.2 million, impacted by a $113.7 million non-cash tax charge.
Cash, cash equivalents and marketable securities totaled $263.8 million at quarter-end.
For full year 2026, Vanda expects total revenues from currently commercialized products between $230 million and $260 million.
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