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Denali Therapeutics Inc. DNLI Business Segments — Total collaboration revenue

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EXELCollaboration services revenues — Total revenues
-$3.96M-211%

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:Revenues.

The official record: Denali Therapeutics Inc.’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Denali Therapeutics Inc.'s business segments — total collaboration revenue?
Denali Therapeutics Inc. (DNLI) reported business segments — total collaboration revenue of $0 in Q4 2025.
What is the long-term trend for Denali Therapeutics Inc.'s business segments — total collaboration revenue?
Over 3 years (2022 to 2025), Denali Therapeutics Inc.'s business segments — total collaboration revenue has grown at a -100.0% compound annual growth rate (CAGR), from $108.46M to $0.
What does business segments — total collaboration revenue mean?
This metric captures the total revenue recognized from strategic partnerships, licensing agreements, and collaborative research arrangements within the therapeutics segment. It reflects the company's ability to monetize its intellectual property and research pipeline through external industry alliances. Fluctuations in this metric often indicate the timing of milestone achievements or the initiation of new joint development programs.