
• Reported GAAP EPS of -$2.39 down -2887.50% YoY • Vanda Pharmaceuticals Inc. expects 2026 total revenues to be between $230M and $260M, with Fanapt net product sales projected at $150M to $170M, and other net product sales at $80M to $90M.
Bullish
Vanda Pharmaceuticals Inc. saw strong Fanapt sales growth and secured FDA approval for NEREUS for motion-induced vomiting. The company is also advancing multiple pipeline candidates, including Bysanti and Imsidolimab, towards potential approvals.
Bearish
Vanda Pharmaceuticals Inc. faced a significant increase in net loss to $141.2M in Q4 2025, impacted by a large non-cash tax charge, while HETLIOZ sales declined and its jet lag sNDA was not approved.