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Other financials

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

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Market cap$2.63B+197%
Enterprise value$2.61B+239%

Returns & leverage

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

Where this comes from

Reported directly by Trevi Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Trevi Therapeutics, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:09 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-206390
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Operating expenses:
Research and development$9,941$7,811
General and administrative4,9713,659
Total operating expenses14,91211,470
Loss from operations(14,912)(11,470)
Other income (expense):
Interest income, net1,6961,125
Other income (expense), net4(6)

Item 1. Condensed Consolidated Financial Statements.

FAQ

What is Trevi Therapeutics, Inc.'s R&D?
Trevi Therapeutics, Inc. (TRVI) reported R&D of $9.94M in Q1 2026.
How has Trevi Therapeutics, Inc.'s R&D changed year-over-year?
Trevi Therapeutics, Inc.'s R&D increased by 27.3% year-over-year, from $7.81M to $9.94M.
What is the long-term trend for Trevi Therapeutics, Inc.'s R&D?
Over 4 years (2021 to 2025), Trevi Therapeutics, Inc.'s R&D has grown at a 9.9% compound annual growth rate (CAGR), from $22.98M to $33.48M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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