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Companies / Health Care / Travere Therapeutics, Inc.
TVTX

Travere Therapeutics, Inc.

Health CarePharmaceutical Preparations
Ticker TVTXSAN DIEGO, CAFiscal year ends DecemberBook value per share $0.26Diluted shares 92.7M

Travere Therapeutics, Inc. (Nasdaq: TVTX) is a biopharmaceutical company focused on developing and delivering therapies for rare kidney and metabolic diseases. Its commercial portfolio includes FILSPARI (sparsentan), approved in the United States to slow kidney function decline in adults with primary immunoglobulin A… From the company’s description.

In fiscal 2025, Travere Therapeutics, Inc. reported revenue of $490.73M, up 110.5% from fiscal 2024, and a net loss of $50.26M. Its operating margin was −12.8%, and operations generated $37.78M in cash. Over the twelve months to Jun 30, 2026, revenue was $591.33M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$490.73MFY2025
+110.5% year over year
Last 12 mo $591.33M
-12.80%FY2025
+126.1 percentage points
Last 12 mo -6.84%
$-50.26MFY2025
+84.3% year over year
Last 12 mo $-67.68M
-22.25%FY2025
+517.9 percentage points
Last 12 mo -177.24%
Cash & financing
$37.78MFY2025
+115.9% year over year
Last 12 mo $92.70M
$37.78MFY2025
+115.9% year over year
Last 12 mo $92.70M
2.71FY2025
Was 6.42× a year earlier
Last 12 mo 24.58
89.2MFY2025
+13.1% year over year
Last 12 mo 92.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Travere Therapeutics, Inc. does

In the company’s own words

Travere Therapeutics, Inc. (Nasdaq: TVTX) is a biopharmaceutical company focused on developing and delivering therapies for rare kidney and metabolic diseases. Its commercial portfolio includes FILSPARI (sparsentan), approved in the United States to slow kidney function decline in adults with primary immunoglobulin A nephropathy (IgAN), and Thiola and Thiola EC (tiopronin), approved to treat cystinuria. FILSPARI is also being evaluated for focal segmental glomerulosclerosis (FSGS), and its application for that use is under FDA review. The company’s late-stage pipeline includes pegtibatinase, an investigational enzyme replacement therapy for classical homocystinuria (HCU), now in a pivotal Phase 3 study. Travere acquired pegtibatinase through its 2020 acquisition of Orphan Technologies. It commercializes products for people with rare diseases and works with licensing partners to develop and commercialize products in certain markets outside the United States. The company also sold its Chenodal and Cholbam bile-acid product portfolio in 2023.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
SAN DIEGO, CA
Fiscal year end
December
CIK
1438533
SIC
2834

Financial performance, year by year

Fiscal 2013–2025 · USD
$-473.10M$-182.80M$107.50M$397.80M$688.10M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Travere Therapeutics, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

287
funds hold it
1 of 35
superinvestors hold it
$1.96B
held by funds, at market
41.0%
of shares held by funds

Superinvestors in Travere Therapeutics, Inc. · what they did last quarter

Polen CapitalNEW
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Travere Therapeutics, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.16%of fund net assets
Strategic Advisers Fidelity U.S. Total Stock Fund
FCTDX · Fidelity Rutland Square Trust II
0.05%of fund net assets
1.13%of fund net assets
Nomura Small Cap Core Fund
DCCAX · Delaware Group Equity Funds V
1.78%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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