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Avalo Therapeutics AVTX Business Segments — Research and development expense

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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 us-gaap:ResearchAndDevelopmentExpense.

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
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
$23,418$14,074$37,466$23,195

Item 1. Financial Statements.

FAQ

What is Avalo Therapeutics's business segments — research and development expense?
Avalo Therapeutics (AVTX) reported business segments — research and development expense of $23.42M in Q2 2026.
How has Avalo Therapeutics's business segments — research and development expense changed year-over-year?
Avalo Therapeutics's business segments — research and development expense increased by 66.4% year-over-year, from $14.07M to $23.42M.
What is the long-term trend for Avalo Therapeutics's business segments — research and development expense?
Over 2 years (2023 to 2025), Avalo Therapeutics's business segments — research and development expense has grown at a 90.6% compound annual growth rate (CAGR), from $13.78M to $50.09M.
What does business segments — research and development expense mean?
The aggregate of all costs incurred to discover, develop, and test new therapeutic candidates within the reportable segment. This is a primary indicator of the company's commitment to innovation and the long-term viability of its product pipeline. Investors use this metric to evaluate the company's investment intensity in future growth opportunities.

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