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Crinetics Pharmaceuticals CRNX Business Segments — Income Tax

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Other financials

Income statement

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Revenue$10.7M+2,873%
Gross profit$10.5M+2,818%
Operating income-$140.4M-26.0%
Net income-$127.8M-32.1%
EPS (diluted)-$1.23-18.3%

Balance sheet

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Cash & equivalents$115.1M+20.1%
Total debt$47.9M-5.8%
Total equity$1.3B+2.1%
Total assets$1.4B+2.9%

Cash flow

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Operating cash flow-$124.7M-41.0%
CapEx$820.0K-33.8%
Free cash flow-$125.5M-40.0%

Valuation

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Market cap$8.9B+233%
Enterprise value$8.84B+231%
P/S492.8×-1,427×

Profitability

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Gross margin150%-15.6pp
Operating margin-3,020.3%-1,463pp
Net margin-2,747.2%-1,328pp
FCF margin-2,321.7%-1,122pp

Returns & leverage

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Return on equity-39.2%+14.5pp
Debt / equity0.0×
Current ratio18.6×-3.9×

Where this comes from

Reported directly by Crinetics Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: Crinetics Pharmaceuticals’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 4:25 PM EST
Fiscal year
FY2025
Accession
0001658247-26-000012
Line itemYear ended December 31, 2025Year ended December 31, 2024Year ended December 31, 2023
External selling, general and administrative expenses(90,013)(38,733)(20,362)
Selling, general and administrative personnel expenses(60,638)(32,285)(19,428)
Selling, general and administrative stock-based compensation(40,680)(28,719)(18,304)
Total selling, general and administrative expenses(191,331)(99,737)(58,094)
Total other income, net51,63240,91613,277
Income tax expense(180)
Loss on equity method investment(470)(5,198)
Segment and consolidated net loss$(465,317)$(298,408)$(214,529)

Item 16. Form 10-K Summary

FAQ

What is Crinetics Pharmaceuticals's business segments — income tax?
Crinetics Pharmaceuticals (CRNX) reported business segments — income tax of $45K in Q4 2025.
What does business segments — income tax mean?
Reflects the total tax liability recognized by the company based on its taxable income in various jurisdictions. Even for companies reporting net losses, this may include deferred tax adjustments or taxes paid in specific profitable regions. It is a standard measure of the company's tax burden and regulatory compliance costs.

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