What is Crinetics Pharmaceuticals's gross profit?

Crinetics Pharmaceuticals (CRNX) reported gross profit of $10.53M in Q1 2026.

How has Crinetics Pharmaceuticals's gross profit changed year-over-year?

Crinetics Pharmaceuticals's gross profit increased by 2818.0% year-over-year, from $361K to $10.53M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Crinetics Pharmaceuticals CRNX Gross Profit

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Other financials

Income statement

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Revenue$10.7M+2,873%

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$3.78B+21.9%

Enterprise value$3.71B+21.5%

P/S209.3×-3,875×

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 / equity0×0.0×

Current ratio18.6×-3.9×

Where this comes from

Calculated from Crinetics Pharmaceuticals’s reported figures.

$10.7Mtotal revenue−$200.0Ktotal cost of revenue=$10.53M

The official record: Crinetics Pharmaceuticals’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Crinetics Pharmaceuticals's gross profit?: Crinetics Pharmaceuticals (CRNX) reported gross profit of $10.53M in Q1 2026.
How has Crinetics Pharmaceuticals's gross profit changed year-over-year?: Crinetics Pharmaceuticals's gross profit increased by 2818.0% year-over-year, from $361K to $10.53M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.