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Crinetics Pharmaceuticals CRNX Employee Benefit Trust

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Crinetics Pharmaceuticals logo
Crinetics PharmaceuticalsCRNX
$1.03M
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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:CommonStockSharesHeldInEmployeeTrust.

The source filing: Crinetics Pharmaceuticals’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:21 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001658247-26-000040
Line itemMarch 31,2026December 31,2025
STOCKHOLDERS’ EQUITY
Preferred stock, $0.001 par; 10,000 shares authorized; no shares issued or outstanding at March 31, 2026 or December 31, 2025
Common stock and paid-in capital, $0.001 par; 200,000 shares authorized; 105,314 shares issued and outstanding at March 31, 2026; 95,575 shares issued and outstanding at December 31, 20252,828,2042,407,757
Accumulated other comprehensive (loss) income(1,254)1,865
Accumulated deficit(1,545,272)(1,417,427)
Stock held in trust(1,032)(112)
TOTAL STOCKHOLDERS’ EQUITY1,280,646992,083
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$1,401,323$1,126,257

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Crinetics Pharmaceuticals's employee benefit trust?
Crinetics Pharmaceuticals (CRNX) reported employee benefit trust of $1.03M in Q1 2026.
What does employee benefit trust mean?
This represents the value of assets held in a trust specifically designated to fund employee benefit programs or equity-based compensation plans. It functions as a mechanism to align employee interests with long-term shareholder value through deferred compensation structures. Changes in this balance reflect the company's strategy for talent retention and the funding status of its benefit obligations.

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