Gossamer Bio
Develops inhaled seralutinib for pulmonary arterial hypertension and PH-ILD.
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Profile
Develops and seeks to commercialize inhaled seralutinib for PAH and PH-ILD. The clinical-stage portfolio is centered on that single program, with development and commercialization structured through a global collaboration with Chiesi.
Develops inhaled seralutinib, also called GB002, for pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). The small-molecule candidate inhibits PDGFR, CSF1R, and c-KIT and is the sole remaining clinical-development program following a restructuring that ended other candidate programs.
Leads global development for seralutinib in PAH and PH-ILD under a collaboration with Chiesi. In the United States, the companies share commercial profit and loss while Gossamer leads commercialization in those indications; Chiesi holds exclusive commercialization rights outside the United States and pays royalties on net sales. The regulatory path depends on FDA discussions concerning an NDA supported by an adequate and well-controlled investigation plus confirmatory evidence.
Company facts
Key statistics
Year to date −94.2% · Average volume (30d) 39.6M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 28, 2026 | Leerink Partners | Upgrade | Market Perform | Outperform | ||
| Mar 23, 2026 | Cantor Fitzgerald | Downgrade | Overweight | Neutral | ||
| Feb 24, 2026 | Wedbush | Downgrade | Outperform | Neutral | $1 | |
| Feb 24, 2026 | Barclays | Downgrade | Overweight | Underweight | $9 | $0.30 |
| Feb 24, 2026 | Leerink Partners | Downgrade | Outperform | Market Perform |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 13, 2026Q2 FY26 | −$0.12 | −$0.08 | +35.2% | $3.6M | $9.2M | +154.6% | −9.45% |
| May 18, 2026Q1 FY26 | −$0.17 | −$0.20 | −17.6% | $4.7M | $17.0M | +263.2% | +3.32% |
| Mar 17, 2026Q4 FY25 | −$0.20 | −$0.21 | −5.0% | $7.5M | $13.8M | +83.4% | −7.99% |
| Nov 5, 2025Q3 FY25 | −$0.19 | −$0.21 | −10.5% | $7.5M | $13.3M | +76.6% | −2.53% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $9.9M | $11.5M | $13.3M | $13.8M | $17.0M | $9.2M | |
| Gross profit | $9.9M | $11.5M | $13.3M | $13.8M | $16.7M | $9.2M | |
| Operating income | −$36.8M | −$38.8M | −$49.1M | −$46.0M | −$44.9M | −$26.1M | |
| Net income | −$36.6M | −$38.3M | −$48.2M | −$47.2M | −$46.7M | $16.9M | |
| Diluted EPS | −$0.16 | −$0.17 | −$0.21 | −$0.21 | −$0.20 | −$0.08 | |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 98.6% | 100.0% | |
| Operating margin | -372.2% | -337.4% | -369.4% | -333.6% | -264.6% | -282.2% |
Fiscal years (4-quarter sums)FY21 $0 · FY22 $0 · FY23 $0 · FY24 $114.7M · FY25 $48.5M
Revenue by product · FY24
Balance sheet, Jun 30, 2026Cash & short-term investments $57.0M · Total debt $39.1M · Total assets $76.9M · Shareholders' equity −$94.0M
Dividends
No dividends on record.
Ownership
Shares outstanding 488.85M · Float 128.76M · 26.3% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| 683 Capital Management, LLC | 49.87M | 9.99% | 13G | Jun 11, 2026 |
| Context Capital Management, LLC | 48.84M | 9.90% | 13G | Jun 9, 2026 |
| DeepCurrents Investment Group LLC | 37.67M | 7.70% | 13G | Jun 11, 2026 |
| D. E. Shaw & Co., L.P. | 29.13M | 6.00% | 13D | Aug 24, 2026 |
| Opaleye Management Inc. | 24.94M | 5.10% | 13G | Jul 29, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- United Therapeutics
Inhaled PAH and PH-ILD franchise led by Tyvaso
- Merck
Activin-signaling inhibitor treatment established in adult PAH
- Liquidia
Approved dry-powder treprostinil in PAH and PH-ILD
- Johnson & Johnson
PAH franchise across ERA, IP-agonist, and combination therapy
- Insmed
Once-daily inhaled treprostinil prodrug in PAH and PH-ILD studies
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Gossamer Bio | $0.1726 | +2.49% | $83.2M | — | — | 1.6 | −19.6% |
| United Therapeutics | $515.46 | +0.03% | $21.88B | 18.5 | 19.8 | 6.9 | −1.9% |
| Merck | $148.19 | −0.08% | $366.18B | 118.7 | 17.2 | 5.5 | +5.1% |
| Liquidia | $68.25 | +0.87% | $6.02B | 49.4 | 15.4 | 13.3 | +1,842.7% |
| Johnson & Johnson | $268.40 | +0.13% | $645.95B | 31.1 | 22.4 | 6.6 | +6.6% |
| Insmed | $118.65 | +0.13% | $25.69B | — | — | 22.6 | +296.1% |
| Median | 40.3 | 18.5 | 6.9 | +6.6% |







