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Other financials

Income statement

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Operating income-$103.6M-38.3%
Net income-$97.4M-35.2%
EPS (diluted)-$0.53-1.9%

Balance sheet

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Cash & equivalents$241.2M+91.4%
Total debt$15.5M-9.4%
Total equity$607.7M+177%
Total assets$903.0M+218%

Cash flow

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Operating cash flow-$86.9M-30.6%
Free cash flow-$87.3M-30.2%

Valuation

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Market cap$7.14B+366%
Enterprise value$6.92B+372%

Profitability

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Operating margin-1,044.3%
Net margin-950.4%
FCF margin-184.7%

Returns & leverage

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Return on equity-85.7%+1.7pp
Debt / equity-0.1×
Current ratio15.1×+10.0×

Where this comes from

Reported directly by Cogent Biosciences, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Cogent Biosciences, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 8:21 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-205170
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Other liabilities295
Net cash used in operating activities(86,883)(66,511)
Cash flows from investing activities:
Purchases of property and equipment(449)(547)
Purchases of marketable securities(133,839)
Maturities and sales of marketable securities97,83169,926
Net cash (used in) provided by investing activities(36,457)69,379
Cash flows from financing activities:

Item 1. Financial Statements (Unaudited)

FAQ

What is Cogent Biosciences, Inc.'s capex?
Cogent Biosciences, Inc. (COGT) reported capex of $449K in Q1 2026.
How has Cogent Biosciences, Inc.'s capex changed year-over-year?
Cogent Biosciences, Inc.'s capex decreased by 17.9% year-over-year, from $547K to $449K.
What is the long-term trend for Cogent Biosciences, Inc.'s capex?
Over 3 years (2022 to 2025), Cogent Biosciences, Inc.'s capex has grown at a -39.0% compound annual growth rate (CAGR), from $6.86M to $1.55M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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