What is Crinetics Pharmaceuticals's non-cash lease expense?

Crinetics Pharmaceuticals (CRNX) reported non-cash lease expense of $703K in Q1 2026.

How has Crinetics Pharmaceuticals's non-cash lease expense changed year-over-year?

Crinetics Pharmaceuticals's non-cash lease expense decreased by 13.5% year-over-year, from $813K to $703K.

What does non-cash lease expense mean?

Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.

Crinetics Pharmaceuticals CRNX Non-Cash Lease Expense

Non-Cash Lease Expense at other companies

Viking TherapeuticsVKTX

$85K-23.4%

BridgeBio PharmaBBIO

$1.47M+47.5%

PTC TherapeuticsPTCT

$1.76M-1.6%

Arcus BiosciencesRCUS

$2M0.0%

Neurocrine BiosciencesNBIX

——

ImmunityBio, Inc.IBRX

——

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$3.79B+21.9%

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

Reported directly by Crinetics Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAssetAmortizationExpense.

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 non-cash lease expense?: Crinetics Pharmaceuticals (CRNX) reported non-cash lease expense of $703K in Q1 2026.
How has Crinetics Pharmaceuticals's non-cash lease expense changed year-over-year?: Crinetics Pharmaceuticals's non-cash lease expense decreased by 13.5% year-over-year, from $813K to $703K.
What does non-cash lease expense mean?: Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.