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Cogent Biosciences, Inc. COGT Stock-Based Compensation Expense — Operating Income

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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%
CapEx$449.0K-17.9%
Free cash flow-$87.3M-30.2%

Valuation

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Market cap$5.9B+816%
Enterprise value$5.68B+951%
P/S749.8×

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:OperatingIncomeLoss.

The official record: Cogent Biosciences, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cogent Biosciences, Inc.'s stock-based compensation expense — operating income?
Cogent Biosciences, Inc. (COGT) reported stock-based compensation expense — operating income of $16.91M in Q1 2026.
How has Cogent Biosciences, Inc.'s stock-based compensation expense — operating income changed year-over-year?
Cogent Biosciences, Inc.'s stock-based compensation expense — operating income increased by 68.9% year-over-year, from $10.01M to $16.91M.
What is the long-term trend for Cogent Biosciences, Inc.'s stock-based compensation expense — operating income?
Over 3 years (2022 to 2025), Cogent Biosciences, Inc.'s stock-based compensation expense — operating income has grown at a 35.9% compound annual growth rate (CAGR), from $18.37M to $46.08M.
What does stock-based compensation expense — operating income mean?
This metric represents the portion of total operating losses attributable to non-cash expenses incurred through equity-based awards granted to employees and directors. It highlights the impact of share-based incentive programs on the company's core operational profitability and burn rate. Monitoring this figure helps investors assess how much of the reported operating deficit is driven by compensation strategy rather than direct research and development or administrative cash outflows.