
Rallybio posts Q3 net income of $16 million

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Rallybio Corporation reported a Q3 net income of $16 million, or $0.36 per share, a turnaround from a net loss of $11.5 million in Q3 2024. As of September 30, 2025, the company had $59.3 million in cash and marketable securities. Rallybio generated $20 million from selling its interest in REV102 to Recursion Pharmaceuticals and advanced its lead program, RLYB116, completing dosing in Cohort 1 of its Phase 1 study, with data from Cohort 2 expected in Q4 2025.
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