10x Insights
Loading account…
Companies / Health Care / Tvardi Therapeutics, Inc.
TVRD

Tvardi Therapeutics, Inc.

Health CarePharmaceutical Preparations
Ticker TVRDSUGAR LAND, TXFiscal year ends DecemberBook value per share $0.89Diluted shares 9.4M

Tvardi Therapeutics, Inc. (Nasdaq: TVRD) is a clinical-stage biopharmaceutical company developing oral small-molecule therapies that directly inhibit STAT3 for inflammatory and proliferative diseases. Its pipeline includes TTI-101, a direct STAT3 inhibitor in Phase 1b/2 development for hepatocellular carcinoma, and… From the company’s description.

In fiscal 2025, Tvardi Therapeutics, Inc. reported a net loss of $18.21M. Operations used $23.50M in cash.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%FY2025
$-18.21MFY2025
+74.3% year over year
Last 12 mo $-26.06M
-86.96%FY2025
−1414.5 percentage points
Last 12 mo -310.94%
Cash & financing
$-23.50MFY2025
+61.4% year over year
Last 12 mo $-25.03M
$-23.50MFY2025
+62.1% year over year
Last 12 mo $-25.03M
—
7.8MFY2025
+70.6% year over year
Last 12 mo 9.4M

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 Tvardi Therapeutics, Inc. does

In the company’s own words

Tvardi Therapeutics, Inc. (Nasdaq: TVRD) is a clinical-stage biopharmaceutical company developing oral small-molecule therapies that directly inhibit STAT3 for inflammatory and proliferative diseases. Its pipeline includes TTI-101, a direct STAT3 inhibitor in Phase 1b/2 development for hepatocellular carcinoma, and TTI-109, an oral phosphate prodrug designed to convert into TTI-101 and being evaluated in a Phase 1 trial in healthy volunteers. The company has also studied TTI-101 in idiopathic pulmonary fibrosis; its Phase 2 study did not meet its goals, and the company is evaluating the results. Tvardi has no reportable business segments described in the available text. In April 2025, Cara Therapeutics merged with Legacy Tvardi, changed its name to Tvardi Therapeutics, and continued Legacy Tvardi’s business. The company reports no revenue to date. Its website is https://www.tvarditherapeutics.com/.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
SUGAR LAND, TX
Fiscal year end
December
CIK
1346830
SIC
2834

Financial performance, year by year

Fiscal 2014–2025 · USD
$-143.87M$-67.79M$8.28M$84.36M$160.44M201420152016201720182019202020212022202320242025Last 12 moLast 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 Tvardi Therapeutics, Inc. — and what changed

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

48
funds hold it
0 of 35
superinvestors hold it
$1.35M
held by funds, at market
4.2%
of shares held by funds

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

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD RUSSELL 2000 INDEX FUND
VTWO · VANGUARD SCOTTSDALE FUNDS
—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”.

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

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Tvardi Therapeutics, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Tvardi Therapeutics, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Tvardi Therapeutics, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.