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Kalaris Therapeutics Inc

KLRS

Kalaris Therapeutics is a clinical-stage biopharmaceutical company focused on developing and commercializing treatments for prevalent retinal diseases with significant unmet medical needs.

Market cap
$85.18M+69.3%
Net income-$44.1M+41.9%
EPS (diluted)-$2.15+95.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 12, 2026 (In 2 weeks)
EPS estimate-$0.50

Financials

Q1 2026

Income statement

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Operating income-$11.8M-14.3%
Net income-$10.9M-6.5%
EPS (diluted)-$0.46+81.7%

Balance sheet

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Cash & equivalents$34.4M-65.9%
Total debt$1.4M
Total equity$68.6M+7.3%
Total assets$109.8M+6.5%

Cash flow

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Operating cash flow-$11.6M-55.6%

Valuation & ratios

Valuation

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Market cap$85.18M+69.3%
Enterprise value$52.16M

Returns & leverage

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Return on equity-66.6%
Debt / equity
Current ratio12.2×-2.1×

Competitors

Profile

Kalaris Therapeutics is a clinical-stage biopharmaceutical company focused on developing and commercializing treatments for prevalent retinal diseases with significant unmet medical needs. The company's lead product candidate is TH103, a novel anti-VEGF decoy receptor engineered for extended intraocular retention and enhanced inhibition of vascular endothelial growth factor. Their core value proposition centers on reducing the treatment burden for patients by providing longer-acting therapies for neovascular retinal conditions.

Competitive position

Clinical-stage developer challenging market leaders with a differentiated molecular design intended to offer superior durability and reduced injection frequency.

GeographiesUnited States, Europe, Global
Customer segmentsPatients with nAMD, Patients with DME/DR, Patients with RVO
Business modelR&D-stage biopharmaceutical, Drug development
SuppliersContract Development and Manufacturing Organizations (CDMOs), Clinical research organizations, Academic research licensors
CustomersSpecialty pharmaceutical distributors, Retina clinics, Hospitals
Listed2025
CEOAndrew Oxtoby
FilingsSEC EDGAR

Questions, answered.

What is Kalaris Therapeutics Inc's market cap?
Kalaris Therapeutics Inc (KLRS) has a market capitalization of $85.2M and trades on NASDAQ.
Who are Kalaris Therapeutics Inc's competitors?
Kalaris Therapeutics Inc's key competitors include Kodiak Sciences, Inc., 4D Molecular Therapeutics, Inc., Regeneron Pharmaceuticals, Inc., and others. These companies compete in similar markets and product categories.
Who does Kalaris Therapeutics Inc partner with?
Kalaris Therapeutics Inc's notable partners include Regents of the University of California, STC Biologics, Inc., Sharp Sterile Manufacturing, and others.
What subsidiaries does Kalaris Therapeutics Inc have?
Kalaris Therapeutics Inc's subsidiaries include Legacy Kalaris.
Where is Kalaris Therapeutics Inc headquartered?
Kalaris Therapeutics Inc is headquartered in United States of America. It has been publicly traded since 2025.