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Denali Therapeutics Inc. DNLI Business Segments — Research and Development Expense

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Other financials

Income statement

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Revenue-
Operating income-$137.4M+5.6%
Net income-$128.4M+3.4%
EPS (diluted)-$0.69+11.5%

Balance sheet

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Cash & equivalents$390.7M+551%
Total debt$40.0M-22.3%
Total equity$926.1M-17.5%
Total assets$1.3B-0.4%

Cash flow

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Operating cash flow-$131.2M+0.2%
CapEx$2.5M-51.4%
Free cash flow-$133.7M+2.1%

Valuation

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Market cap$3.93B+54.2%

Profitability

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Operating margin-37,938%-37,986pp
Net margin-33,121.9%-33,159pp
FCF margin-31,736.3%-31,830pp

Returns & leverage

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Return on equity-49.6%+34.2pp
Debt / equity0.0×
Current ratio9.3×-0.3×

Where this comes from

Reported directly by Denali Therapeutics Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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

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Questions, answered.

What is Denali Therapeutics Inc.'s business segments — research and development expense?
Denali Therapeutics Inc. (DNLI) reported business segments — research and development expense of $103.85M in Q1 2026.
How has Denali Therapeutics Inc.'s business segments — research and development expense changed year-over-year?
Denali Therapeutics Inc.'s business segments — research and development expense decreased by 10.7% year-over-year, from $116.23M to $103.85M.
What is the long-term trend for Denali Therapeutics Inc.'s business segments — research and development expense?
Over 3 years (2022 to 2025), Denali Therapeutics Inc.'s business segments — research and development expense has grown at a 5.3% compound annual growth rate (CAGR), from $358.73M to $418.78M.
What does business segments — research and development expense mean?
The total aggregate cost of all research and development activities, including internal personnel, external collaborations, and overhead. This is a primary indicator of the company's commitment to advancing its clinical and preclinical pipeline. Investors use this to evaluate the company's burn rate and the scale of its scientific investment.