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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$1B+1,015%
Enterprise value$917.51M+1,806%

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:IncomeTaxExpenseBenefit.

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
Interest income, net2,7611,0973,5642,244
Total other (expense) income, net(4,823)(1,433)(3,540)94
Loss before taxes(36,340)(20,749)(55,959)(33,890)
Income tax expense18162924
Net loss$(36,358)$(20,765)$(55,988)$(33,914)
Net loss per share of common stock, basic and diluted$(0.83)$(1.92)$(1.75)$(3.18)
Weighted average common shares outstanding43,602,04410,829,76031,919,38810,673,200
Comprehensive loss:

Item 1. Financial Statements.

FAQ

What is Avalo Therapeutics's income tax?
Avalo Therapeutics (AVTX) reported income tax of $18K in Q2 2026.
How has Avalo Therapeutics's income tax changed year-over-year?
Avalo Therapeutics's income tax increased by 12.5% year-over-year, from $16K to $18K.
What is the long-term trend for Avalo Therapeutics's income tax?
Over 3 years (2021 to 2025), Avalo Therapeutics's income tax has grown at a -5.6% compound annual growth rate (CAGR), from -$196K to $165K.
What does income tax mean?
Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

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