Invesaro

Stocks Health care GHRS

NASDAQ · Health care

GH Research PLC (GHRS)

It posted a net loss of $48.3M. In fiscal 2025 capital spending exceeded operating cash flow by $43.7M. At December 31, 2025 it held $246.3M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 5, 2026.

Free, no password. An email when GHRS files with the SEC.

Price
$19.26
+3.49% on the day · November 9, 2026
52-week range $12.04 to $31.44
Market cap
$1.3B

Key facts about GH Research PLC

Net worth
GH Research PLC has a market value (market cap) of $1.3B at the latest share price, and shareholders' equity of $279.7M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Cash flow
In fiscal 2025 operations used $43.6M of cash.
Latest report
The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on March 5, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR

What GH Research PLC does

GH Research PLC is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker GHRS.

Revenue and profit by year

Net income
FY19: -$310K -$310K FY19FY21: -$446K -$446K FY21FY21: -$9.2M -$9.2M FY21FY22: -$22.5M -$22.5M FY22FY23: -$35.6M -$35.6M FY23FY24: -$39M -$39M FY24FY25: -$48.3M -$48.3M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025n/a-$60.7M-$48.3M-$0.79-$43.7M
2024n/a-$50.3M-$39M-$0.75-$42.3M
2023n/a-$41.2M-$35.6M-$0.68-$33.4M
2022n/a-$30.6M-$22.5M-$0.43-$26.3M
2021n/a-$15.1M-$9.2M-$0.21-$15.4M
2021n/a-$446K-$446K-$0.02-$330K

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Latest SEC filings

What GH Research PLC has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 5, 2026
  2. October 9, 2026
  3. September 11, 2026
  4. August 14, 2026
  5. August 14, 2026
  6. August 6, 2026
  7. June 26, 2026
  8. June 4, 2026
  9. May 21, 2026
  10. May 18, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 9, 2026. Insider transactions on SEC

Insider trades

What the people running GH Research PLC did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns GHRS

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Lynx1 Capital Management LP13G, passive with 1 related filers 19.3% 13,263,288 August 14, 2026
Bvf Partners L P13G, passive with 9 related filers 14.2% 8,827,712 May 15, 2025
RTW Investments, LP13G, passive with 1 related filers 8.9% 5,499,769 May 15, 2025
Fmr LLC13G, passive with 1 related filers 8.2% 5,092,145 August 6, 2025
RA Capital Management, L.P.13G, passive with 3 related filers 7.1% 4,897,182 August 14, 2026

Latest filings below 5%: Terwey Theis H 2.9% (November 14, 2025).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 63 managers reported a position.

HolderSharesValueChange on quarter
Lynx1 Capital Management LP13,263,288$356.5M+2,500,000
Bvf Inc8,650,158$232.5M0
RA Capital Management, L.P.7,636,813$205.3M-39,884
Fmr LLC5,977,045$160.7M+841,000
Rtw Investments, LP5,933,815$159.5M0
Deep Track Capital, LP3,333,334$89.6Mnew
Avoro Capital Advisors LLC1,800,000$48.4M0
Foresite Capital Management VI LLC940,493$25.3M+625,001
Jefferies Financial Group Inc.712,300$19.1M0
BlackRock, Inc.480,287$12.9M+24,669
UBS Group AG477,408$12.8M+64,992
Millennium Management LLC323,399$8.7M-614,499
Braidwell LP207,240$5.6Mnew
Boothbay Fund Management, LLC202,103$5.4M-80,788
Jane Street Group, LLC169,951$4.6Mnew
HighVista Strategies LLC158,770$4.3M-54,442
Trexquant Investment LP153,767$4.1M+83,959
Goldman Sachs Group Inc148,673$4M+103,878
XTX Topco Ltd86,986$2.3M+34,896
Citadel Advisors LLC85,952$2.3M+20,488

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about GHRS

What does GH Research PLC do?

GH Research PLC is a company in the Health care sector, listed on NASDAQ as GHRS. Its shares trade on NASDAQ under the ticker GHRS.

What is GH Research PLC's net worth?

GH Research PLC has a market value (market cap) of $1.3B at the latest share price, and shareholders' equity of $279.7M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is GH Research PLC profitable?

No. In fiscal 2025 it reported a net loss of $48.3M.

When did GH Research PLC last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 5, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the passive stake changed from November 5, 2026.

Similar companies

Compare GHRS with

Compare GHRS with any company

Follow GHRS

Get an email when GH Research PLC files with the SEC: results, executive changes, material agreements and annual reports.

Free, no password. An email when GHRS files with the SEC.

Where the numbers come from

Financial figures are the values GH Research PLC tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.