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Other financials

Income statement

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Operating income-$43.4M-85.8%
Net income-$40.4M-5.8%
EPS (diluted)-$0.57+95.3%

Balance sheet

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Cash & equivalents$55.1M+24.6%
Total debt$808.0K+159%
Total equity$296.5M+455%
Total assets$319.4M+312%

Cash flow

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Operating cash flow-$24.1M-28.4%
Free cash flow-$33.7M

Valuation

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Market cap$1.35B+436%
Enterprise value$1.3B+3,925%

Returns & leverage

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Return on equity-132.5%+120pp
Debt / equity
Current ratio14.3×-17.7×

Where this comes from

Reported directly by Jade Biosciences in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Jade Biosciences’s 10-K, filed March 6, 2026.

Filed
Mar 6, 2026, 4:15 PM EST
Fiscal year
FY2025
Accession
0001193125-26-096550
Line itemYear Ended December 31, 2025Period from June 18,2024 (Inception) to December 31, 2024
Purchases of investments(261,194)
Proceeds from sales/maturities of investments14,415
Payment of security deposit(31)
Purchases of property and equipment(196)
Net cash used in investing activities(247,006)
Cash flows from financing activities:
Proceeds from issuance of convertible notes payable(1)95,000
Payment of deferred offering costs(3,000)

Item 16. Form 10-K Summary

FAQ

What is Jade Biosciences's capex?
Jade Biosciences (JBIO) reported capex of $3K in Q4 2025.
What is the long-term trend for Jade Biosciences's capex?
Over 3 years (2021 to 2025), Jade Biosciences's capex has grown at a 2.7% compound annual growth rate (CAGR), from $181K to $196K.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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