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TG Therapeutics' BRIUMVI sales jump 64% YoY, boosting 2026 revenue forecast to $950M

Company Fundamentals
03 Aug 2026
Seeking Alpha
View Source
Bullish
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TG Therapeutics reported a 64% year-over-year increase in Q2 revenue from its multiple sclerosis drug BRIUMVI, reaching $228 million. This strong sales momentum led the company to raise its 2026 revenue guidance to $950 million. Although net income was affected by investments in manufacturing, the upcoming subcutaneous form of BRIUMVI, expected to show Phase 3 data by late 2026 or early 2027, could expand the market and improve future margins. While the stock's valuation is now reasonable rather than deeply discounted, pipeline assets beyond multiple sclerosis provide additional growth potential amid risks like development delays and competition.

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