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XRTX · NASDAQ · Biotechnology

XORTX Therapeutics (XRTX)

Develops oral oxypurinol therapies for gout and kidney disease.

$2.42
At close+0.26 (+12.04%)
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XORTX Therapeutics Inc.XRTXHealth Care

Develops proprietary oral oxypurinol formulations and related kidney-disease assets for gout, ADPKD and other hyperuricemia-related diseases. The business is an externally financed, outsourced clinical-development sponsor whose principal value rests on formulation, use and related patent claims rather than ownership of oxypurinol.

Develops proprietary oral oxypurinol formulations and other uric-acid-lowering approaches for gout and kidney disease. Its near-term program, XRx-026, uses the XORLO formulation for people intolerant of allopurinol; XRx-008 targets autosomal dominant polycystic kidney disease. XRx-101 addresses acute kidney injury linked to respiratory-virus infection, while XRx-225 and acquired VB4-P5 add earlier kidney-disease programs.

Operates from Calgary with a small internal team, outsourced manufacturing and clinical research, and U.S.-focused regulatory and market-access plans. It uses prior oxypurinol and allopurinol evidence where permitted, but no candidate has marketing approval or product revenue. Advancing the portfolio depends on financing, contractor execution, clinical results, regulatory agreements, and protection of formulation, use, and related patent claims.

Company facts

CEOAllen W. Davidoff and Mika Grasso
ListedOct 13, 2021
ExchangeNASDAQ
HeadquartersCalgary, Canada
CountryCanada
Employees3
CIK0001729214
ISINCA98420Q4051

Market cap$690.7K
EPS (ttm)−$2.74
P/E (ttm)−0.9051
ROE-127.0%
P/B0.6792
P/S0.00
Dividend yieldDiv yield
Beta0.85vs XLV −0.42

No analyst consensus on record.

Next report
Nov 12, 2026
estimated · in 70 days
EPS estimate
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

May '25Aug '25Nov '25Feb '26May '26May '26Aug '26Nov '26
Reported−$0.19−$0.19−$0.13−$0.45−$0.58−$0.58−$1.05Pending
Estimate−$0.27−$0.25−$0.17−$0.84
Surprise+29.6%+24.0%+22.2%+46.1%

RevenueReportedEstimate

May '25Aug '25Nov '25Feb '26May '26May '26Aug '26Nov '26
ReportedPending
Estimate
Surprise
Estimate
ReportedDue Nov 12, 2026
Estimate
ReportedDue Nov 12, 2026
View details

Debt to equity0.00%
Current ratio358.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$587.0K$119.1K−$698.7K−$717.7K−$649.5K−$599.5K−$808.5K−$1.7M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$874.7K−$642.6K−$963.5K−$889.9K−$716.2K−$697.0K−$823.3K−$1.7M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $992.9K · Total debt $0 · Total assets $6.2M · Shareholders' equity $5.5M

Revenue
$0
Operating income
−$1.7M
Net income
−$1.7M
View details

No dividends on record.

Institutions1 holder · as of Mar 31, 20260.02%9 ADS
Otherremainder99.98%55.7K ADS

55.7K ADS (1 ADS = 25 ordinary shares) as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Two share counts disagree (55.7K in the company's Sep 3, 2026 report, 278.5K elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
TD Waterhouse Canada Inc.Institution
0.02%47 ADS13Fas of Mar 31, 2026
Armistice Capital, LLCStrategic
9.99% of class, as filed13D/Gfiled Feb 14, 2023
Lincoln Alternative Strategies LLCStrategic
9.90% of class, as filed13Gfiled Oct 27, 2025

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Takeda (ADR)

    Established oral febuxostat for chronic gout and urate lowering.

  • Amgen

    Later-line biologic for uncontrolled gout after oral therapy.

  • Novartis (ADR)

    Emerging ADPKD candidate farabursen targets kidney decline.

Compare

CompanyPriceChange
XORTX Therapeutics$2.42+12.04%$690.7K
Takeda (ADR)$18.73+1.55%$58.65B51.256.72.0+5.8%
Amgen$443.00+0.04%$239.00B27.518.96.3+9.7%
Novartis (ADR)$162.45+0.01%$308.79B24.517.35.6+0.9%
Median27.518.95.6+5.8%