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Avalo Therapeutics AVTX Business Segments — Clinical expenses

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Other financials

Income statement

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Revenue$59.0K-69.3%
Gross profit$963.0K+8,855%
Operating income-$31.5M-63.2%
Net income-$36.4M-75.1%
EPS (diluted)-$0.83+56.8%

Balance sheet

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Cash & equivalents$85.6M+101%
Total debt$242.0K-64.4%
Total equity$448.7M+329%
Total assets$490.8M+288%

Cash flow

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Operating cash flow-$20.0M-75.5%
CapEx-
Free cash flow-$15.0M-444%

Valuation

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Market cap$982.5M+908%
Enterprise value$897.13M+1,512%

Profitability

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Gross margin182%+176pp
Operating margin-15,536.1%-17,275pp
Net margin-7,965.8%-10,750pp
FCF margin-11,123.8%-13,374pp

Returns & leverage

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Return on equity-36.3%
Debt / equity0.0×
Current ratio19.3×+6.9×

Where this comes from

Reported directly by Avalo Therapeutics in its filing.

Tagged under the XBRL concept avtx:ClinicalExpenses.

The source filing: Avalo Therapeutics’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 7:03 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001534120-26-000049
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Nonclinical expenses$249$179$640$262
Clinical expenses3,7127,2159,34411,065
CMC expenses5,0683,2669,1945,245
License and milestone expenses10,00010,000
Internal expenses:
Salaries, benefits and related costs2,6302,1815,2164,030
Stock-based compensation expense1,6801,1162,9232,418
Other79117149175

Item 1. Financial Statements.

FAQ

What is Avalo Therapeutics's business segments — clinical expenses?
Avalo Therapeutics (AVTX) reported business segments — clinical expenses of $3.71M in Q2 2026.
How has Avalo Therapeutics's business segments — clinical expenses changed year-over-year?
Avalo Therapeutics's business segments — clinical expenses decreased by 48.6% year-over-year, from $7.22M to $3.71M.
What is the long-term trend for Avalo Therapeutics's business segments — clinical expenses?
Over 2 years (2023 to 2025), Avalo Therapeutics's business segments — clinical expenses has grown at a 107.4% compound annual growth rate (CAGR), from $5.78M to $24.87M.
What does business segments — clinical expenses mean?
Includes all costs directly related to conducting human clinical trials, such as patient recruitment, site management, and data collection. These expenses reflect the intensity and scale of the company's efforts to validate drug candidates in human subjects. High clinical expenses are indicative of active, late-stage development programs moving toward potential regulatory submission.

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