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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%
CapEx$3.0K
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:NetIncomeLoss.

The source filing: Jade Biosciences’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:27 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-212088
Line itemSeries Seed Convertible Preferred Stock / SharesSeries Seed Convertible Preferred Stock / AmountSeries A Convertible Preferred Stock / SharesSeries A Convertible Preferred Stock / AmountCommon Stock / SharesCommon Stock / AmountAdditional Paid-In / CapitalAccumulated Other Comprehensive / (Loss) IncomeAccumulated / DeficitTotal Stockholders’ / Equity (Deficit)
Balance at December 31, 202420,000,000$23,672,794$1$179$(46,979)$(46,799)
Stock-based compensation1,4581,458
Net loss(38,169)(38,169)
Balance at March 31, 202520,000,000$23,672,794$1$1,637$(85,148)$(83,510)
Series SeedConvertible Preferred StockSeries A Convertible Preferred StockCommon StockAdditionalPaid-InAccumulated Other ComprehensiveAccumulatedTotalStockholders’
SharesAmountSharesAmountSharesAmountCapital(Loss) IncomeDeficitEquity
Balance at December 31, 202512,622249,316,287$5$506,771$129$(174,389)$332,518
Exercise of stock options29,6804545

Item 1. Financial Statements.

FAQ

What is Jade Biosciences's net income?
Jade Biosciences (JBIO) reported net income of -$40.37M in Q1 2026.
How has Jade Biosciences's net income changed year-over-year?
Jade Biosciences's net income decreased by 5.8% year-over-year, from -$38.17M to -$40.37M.
What is the long-term trend for Jade Biosciences's net income?
Over 4 years (2021 to 2025), Jade Biosciences's net income has grown at a 53.5% compound annual growth rate (CAGR), from -$22.96M to -$127.41M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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