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Other financials

Income statement

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Revenue$10.3M
Operating income-$31.7M+29.8%
Net income-$22.0M+35.1%
EPS (diluted)-$0.35+36.4%

Balance sheet

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Cash & equivalents$27.8M-47.1%
Total debt$21.0M-5.4%
Total equity$928.0M-6.3%
Total assets$1.0B-2.4%

Cash flow

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Operating cash flow$12.5M+152%
CapEx$202.0K-57.3%
Free cash flow-$12.6M+27.5%

Valuation

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Market cap$1B-26.4%
Enterprise value$996.48M-25.2%
P/S41.8×-3,061×

Profitability

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Operating margin-598.1%-296pp
Net margin-427.5%-212pp
FCF margin-571.6%+98.3pp

Returns & leverage

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Return on equity-10.7%-1.5pp
Debt / equity0.0×
Current ratio16.3×-30.7×

Where this comes from

Reported directly by Janux Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Janux Therapeutics’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338078
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Collaboration revenue$10,267$14,000
Operating expenses:
Research and development30,99434,66457,80759,719
General and administrative10,96310,45422,09620,296
Total operating expenses41,95745,11879,90380,015
Loss from operations(31,690)(45,118)(65,903)(80,015)
Other income:
Interest income9,71811,26019,57022,649

Item 1. Financial Statements.

FAQ

What is Janux Therapeutics's R&D?
Janux Therapeutics (JANX) reported R&D of $30.99M in Q2 2026.
How has Janux Therapeutics's R&D changed year-over-year?
Janux Therapeutics's R&D decreased by 10.6% year-over-year, from $34.66M to $30.99M.
What is the long-term trend for Janux Therapeutics's R&D?
Over 4 years (2021 to 2025), Janux Therapeutics's R&D has grown at a 48.0% compound annual growth rate (CAGR), from $26.24M to $125.9M.
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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