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Segments

By segment

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Reportable Segment$10.73M+2,873%

By product

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Collaboration and license revenue$428K+18.6%

Other financials

Income statement

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree months ended March 31, 2026Three months ended March 31, 2025
Revenue:
Product revenue, net$10,306
Collaboration and license revenue428361
Total revenue10,734361
Operating expenses:
Cost of product revenue200
Research and development100,08176,240
Selling, general and administrative50,83135,526

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Crinetics Pharmaceuticals's total revenue?
Crinetics Pharmaceuticals (CRNX) reported total revenue of $10.73M in Q1 2026.
How has Crinetics Pharmaceuticals's total revenue changed year-over-year?
Crinetics Pharmaceuticals's total revenue increased by 2873.4% year-over-year, from $361K to $10.73M.
What is the long-term trend for Crinetics Pharmaceuticals's total revenue?
Over 4 years (2021 to 2025), Crinetics Pharmaceuticals's total revenue has grown at a 63.5% compound annual growth rate (CAGR), from $1.08M to $7.7M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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