Company Analysis

Travere Therapeutics, Inc. (TVTX)

Nasdaq: TVTX · Pharmaceutical Preparations · San Diego, CA · filing with the SEC since 2008
Grade6.4
◀ Past 5.8● Present 6.9▶ Future 6.4
1 est.

The grade of Travere Therapeutics, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.4/10
◀ Past5.830% of the headline
● Present6.940% of the headline
▶ Future6.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.8/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
6.2/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2023-04-12.

weight 33% of this tense · 62nd percentile among 497 sector filers · read for itself

From the record

Travere Therapeutics, Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2023-04-12) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.3/10

What has it actually done, year after year?

+15.6% a year over 10 filed years; profitable in 0 of 10.

weight 45% of this tense · 53rd percentile among 323 sector filers · read for its customers

From the record

Travere Therapeutics, Inc.'s 10 filed years say what it did: revenue went from $134 million in fiscal 2016 to $491 million in fiscal 2025, up 15.6% a year; it rose in 7 of 9 years; the deepest fall was 45% from fiscal 2020 to fiscal 2022; net income was positive in 0 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span15.6%top 44% of its family
  • the share of years revenue rosetop 28% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak44.8%top 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
6.1/10

How has it treated the people who own it?

SI estimate 6.1/10, confidence 35 of 100 (one part).

weight 22% of this tense · 61st percentile among 464 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 39% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 464 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Travere Therapeutics, Inc.'s shareholder treatment is put at 6.1 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 39% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

6.9/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.1/10

Is it financially healthy right now?

ROE -22%: lost 22¢ per shareholder dollar. Leverage 81%: owes 81¢ per asset dollar.

weight 45% of this tense · 61st percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Travere Therapeutics, Inc. lost about 22 cents for every dollar of shareholders' money, and gross profitability: its products earned about 79 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 81 cents per dollar of assets, and net share issuance: its share count grew 13.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 16% of its family
  • return on equitytop 28% of its family
  • gross profit against assetstop 4% of its family
  • the share count against the year beforetop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.8/10

How strong is its position in its industry?

top 22% of 315 in its family; net margin -5.2%.

weight 33% of this tense · 78th percentile among 315 sector filers · read for its customers

From the record

Travere Therapeutics, Inc.'s standing among 315 graded names in its industry family: revenue of $491 million in fiscal 2025 ranks in the top 19% by size; a net margin of -5.2% ranks in the top 27%; revenue growth of 64.9% a year over the last 3 filed years ranks in the top 19% (its annual reports).

What it rests on

  • revenue against the family$491Mtop 19% of its family
  • net margin-5.2%top 27% of its family
  • three-year revenue growth64.9%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.4/10

What are the people in charge doing?

top 26% of 315 in its family for leadership; chief executive since 2019.

weight 22% of this tense · 74th percentile among 315 sector filers · read for its shareholders

From the record

Travere Therapeutics, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Dube, Eric M (CHIEF EXECUTIVE OFFICER, as filed), filing under that title since 2019-01-08, 7.8 years (top 24% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 8.7 years (top 15%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (top 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 16 peopletop 39% of its family
  • the median years the people in charge have filed8.7 yearstop 15% of its family
  • the chief executive's years on the record7.8 yearstop 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.1/10

How much room does it have to grow?

top 39% of 273 in its family for room to expand.

weight 45% of this tense · 61st percentile among 273 sector filers · read for itself

From the record

Travere Therapeutics, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $93 million against no long-term debt tagged leaves 15.4% of its assets as net cash, bottom 33% of its family; cash from operations less capital spending is 7.7% of revenue (top 23%); a gross margin of 97.9% (top 5%); research spending of 42% of revenue (bottom 40%) (its annual report).

What it rests on

  • cash less debt against assets15.4%bottom 33% of its family
  • cash from operations less capital spending against revenue7.7%top 23% of its family
  • gross margin97.9%top 5% of its family
  • research spending against revenue42.0%bottom 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.8/10

What could actually drive growth from here?

top 42% of 306 in its family for growth drivers.

weight 33% of this tense · 58th percentile among 306 sector filers · read for its customers

From the record

Travere Therapeutics, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 64.9% a year over the last three filed years against 15.6% over all 10, speeding up (top 9% of its family); the newest year grew 110.6% (top 16%); research spending grew -3.2% a year (bottom 42%); capital spending grew -53.8% a year (bottom 17%) (its annual reports). Travere Therapeutics, Inc. reported 3 product lines in fiscal 2025: FILSPARI at $322 million (66%), Tiopronin Products at $88 million (18%), License at $80 million (16%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+49.3 points a yeartop 9% of its family
  • the newest year's revenue growth110.6%top 16% of its family
  • three-year growth of research spending-3.2%bottom 42% of its family
  • three-year growth of capital spending-53.8%bottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.8/10

Did its newest year beat what its own record pointed to?

top 22% of 233 in its family for expectations against reality.

weight 22% of this tense · 78th percentile among 233 sector filers · read for its shareholders

From the record

Travere Therapeutics, Inc.'s newest year against its own record: revenue of $491 million in fiscal 2025 came in 44.2% above the $340 million its prior three years' pace pointed to (top 20% of its family); net income of $26 million against a prior three-year average of $237 million (top 19%); a net margin of -5.2% against losses larger than its revenue before (top 28%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace44.2%top 20% of its family
  • net income against the prior three years' average+89%top 19% of its family
  • net margin against its prior averageup more than 100 pointstop 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TVTX · research, not advice