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Segments

By product

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Personnel And Related Costs$8.64M+47.7%
Share Based Compensation Expense$4.85M
Other Costs$1.49M+25.5%
Discovery Expenses$1.36M+51.4%

Other financials

Income statement

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Revenue$396.0K-81.8%
Operating income-$46.5M-40.3%
Net income-$40.8M-38.4%
EPS (diluted)-$0.85-3.7%

Balance sheet

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Cash & equivalents$627.7M+6,105%
Total debt$1.4M-2.3%
Total equity$1.2B+266%
Total assets$1.2B+258%

Cash flow

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Operating cash flow-$28.9M-4.4%
CapEx$10.0K-58.3%
Free cash flow-$28.9M-4.4%

Valuation

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Market cap$6.15B+838%
Enterprise value$5.52B+758%

Profitability

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Operating margin-4,558.4%-9,354pp
Net margin-4,104.8%-7,304pp
FCF margin-3,561.6%-6,956pp

Returns & leverage

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Return on equity-28.6%+3.2pp
Debt / equity0.0×
Current ratio29.3×+13.3×

Where this comes from

Reported directly by Dianthus Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Dianthus Therapeutics’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001690585-26-000022
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenues:
License revenue$463$1,163
Operating expenses:
Research and development34,52827,003
General and administrative12,4687,337
Total operating expenses46,99634,340
Loss from operations(46,533)(33,177)
Other income/(expense):

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Dianthus Therapeutics's R&D?
Dianthus Therapeutics (DNTH) reported R&D of $34.53M in Q1 2026.
How has Dianthus Therapeutics's R&D changed year-over-year?
Dianthus Therapeutics's R&D increased by 27.9% year-over-year, from $27M to $34.53M.
What is the long-term trend for Dianthus Therapeutics's R&D?
Over 3 years (2021 to 2024), Dianthus Therapeutics's R&D has grown at a 23.4% compound annual growth rate (CAGR), from $46.77M to $87.9M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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