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Other financials

Income statement

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Net income-$74.1M-33.9%
EPS (diluted)-$1.06-11.6%

Balance sheet

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Cash & equivalents$451.8M+323%
Total debt$8.0M-31.9%
Total assets$1.3B+81.1%

Cash flow

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Operating cash flow-$55.6M-14.6%
CapEx$62.0K
Free cash flow-$62.8M+7.3%

Valuation

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Market cap$10.15B+379%
Enterprise value$9.71B+384%

Returns & leverage

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Current ratio32.6×+16.8×

Where this comes from

Reported directly by Apogee Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Apogee Therapeutics, Inc.’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 7:20 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-215698
Line itemTHREE MONTHS ENDEDMARCH 31, 2026THREE MONTHS ENDEDMARCH 31, 2025
Research and development (1)$60,819$46,387
General and administrative21,95316,709
Total operating expenses82,77263,096
Loss from operations(82,772)(63,096)
Other income, net:
Interest income, net8,7407,840
Total other income, net8,7407,840
Net loss before taxes(74,032)(55,256)

Item 6. [Exhibits](#item_6_exhibits) [71](#item_6_exhibits)

FAQ

What is Apogee Therapeutics, Inc.'s operating income?
Apogee Therapeutics, Inc. (APGE) reported operating income of -$82.77M in Q1 2026.
How has Apogee Therapeutics, Inc.'s operating income changed year-over-year?
Apogee Therapeutics, Inc.'s operating income decreased by 31.2% year-over-year, from -$63.1M to -$82.77M.
What is the long-term trend for Apogee Therapeutics, Inc.'s operating income?
Over 2 years (2023 to 2025), Apogee Therapeutics, Inc.'s operating income has grown at a 75.2% compound annual growth rate (CAGR), from -$93M to -$285.6M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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