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Other financials

Income statement

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Revenue--100%
Net income-$33.4M+22.8%
EPS (diluted)-$2.15+23.2%

Balance sheet

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Cash & equivalents$161.7M-25.3%
Total debt$180.9M+69.8%
Total equity-$21.0M-122%
Total assets$184.0M-24.2%

Cash flow

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Operating cash flow-$38.0M-5.9%
CapEx--100%
Free cash flow-$38.0M-5.9%

Valuation

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Market cap$1.26B+314%
Enterprise value$1.28B+471%

Profitability

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Operating margin-10,386.5%-5,025pp
Net margin-10,773.5%-878,492pp
FCF margin-9,986.5%-4,727pp

Returns & leverage

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Return on equity-197.8%-2,158pp
Debt / equity13.4×+13.3×
Current ratio6.5×+1.3×

Where this comes from

Reported directly by Inhibrx Biosciences, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Inhibrx Biosciences, Inc.’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0002007919-26-000027
Line itemTHREE MONTHS ENDEDMARCH 31, 2026THREE MONTHS ENDEDMARCH 31, 2025
Research and development$25,217$36,877
General and administrative5,7106,024
Total operating expenses30,92742,901
Loss from operations(30,927)(42,901)
Other income (expense):
Interest expense(3,509)(2,689)
Interest income1,0072,329
Other income (expense), net(12)(50)

Item 1. Financial Statements (unaudited)

FAQ

What is Inhibrx Biosciences, Inc.'s operating income?
Inhibrx Biosciences, Inc. (INBX) reported operating income of -$30.93M in Q1 2026.
How has Inhibrx Biosciences, Inc.'s operating income changed year-over-year?
Inhibrx Biosciences, Inc.'s operating income increased by 27.9% year-over-year, from -$42.9M to -$30.93M.
What is the long-term trend for Inhibrx Biosciences, Inc.'s operating income?
Over 2 years (2023 to 2025), Inhibrx Biosciences, Inc.'s operating income has grown at a -21.5% compound annual growth rate (CAGR), from -$219.22M to -$135.03M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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