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Trevi Therapeutics, Inc.

TRVI

Trevi Therapeutics is a clinical-stage biopharmaceutical company focused on developing and commercializing Haduvio, an investigational oral therapy for chronic cough.

Market cap
$2.62B+190%
Net income-$45.6M+3.7%
Free cash flow-$44.9M-35.4%
EPS (diluted)-$0.32+28.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
EPS estimate-$0.11

Financials

Q1 2026

Income statement

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Operating income-$14.9M-30.0%
Net income-$13.2M-27.6%
EPS (diluted)-$0.090.0%

Balance sheet

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Cash & equivalents$19.4M+0.2%
Total debt$682.0K-28.7%
Total equity$172.1M+73.1%
Total assets$179.6M+67.8%

Cash flow

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Operating cash flow-$16.7M-23.8%
CapEx$102.0K
Free cash flow-$16.8M

Valuation & ratios

Valuation

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Market cap$2.62B+190%
Enterprise value$2.6B+223%

Returns & leverage

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Return on equity-33.6%-9.4pp
Debt / equity0.0×
Current ratio24.8×+9.4×

Competitors

Profile

Trevi Therapeutics is a clinical-stage biopharmaceutical company focused on developing and commercializing Haduvio, an investigational oral therapy for chronic cough. The company targets high unmet medical needs in patients with idiopathic pulmonary fibrosis (IPF), non-IPF interstitial lung disease, and refractory chronic cough. Its core value proposition centers on a dual-action mechanism that modulates opioid receptors to suppress the cough reflex while mitigating abuse potential.

Competitive position

Clinical-stage developer with positive Phase 2b data in IPF-related cough and Phase 2a data in refractory chronic cough, holding worldwide commercial rights.

GeographiesUnited States, Europe, Canada, United Kingdom
Customer segmentsPatients, Healthcare Providers
Business modelResearch and Development, IP Licensing
SuppliersContract Manufacturing Organizations (CMOs), Raw material suppliers for nalbuphine hydrochloride, Clinical trial sites and investigators
CustomersSpecialty pharmacies, Hospitals, Wholesale drug distributors
Listed2019
Employees25.0
CEOJennifer L. Good
FilingsSEC EDGAR

Questions, answered.

What is Trevi Therapeutics, Inc.'s market cap?
Trevi Therapeutics, Inc. (TRVI) has a market capitalization of $2.6B and trades on NASDAQ.
Who are Trevi Therapeutics, Inc.'s competitors?
Trevi Therapeutics, Inc.'s key competitors include Merck & Co., Inc., Savara Inc., United Therapeutics Corp, and others. These companies compete in similar markets and product categories.
Who does Trevi Therapeutics, Inc. partner with?
Trevi Therapeutics, Inc.'s notable partners include Keenova Therapeutics plc, Par Health, GSK plc, and others.
Where is Trevi Therapeutics, Inc. headquartered?
Trevi Therapeutics, Inc. is headquartered in United States of America and employs approximately 25 people. It has been publicly traded since 2019.