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Kalaris Therapeutics

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
$75.7M-8.8%
Net income-$44.1M+41.9%
EPS (diluted)-$2.15+95.8%
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

August 11, 2026

Next report

Nov 11, 2026 (in 2 months)
EPS estimate-$0.52

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$75.7M-8.8%
Enterprise value$42.68M

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

FAQ

What is Kalaris Therapeutics's market cap?
Kalaris Therapeutics (KLRS) has a market capitalization of $75.7M and trades on NASDAQ.
Who are Kalaris Therapeutics's competitors?
Kalaris Therapeutics'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 partner with?
Kalaris Therapeutics's notable partners include Regents of the University of California, STC Biologics, Inc., Sharp Sterile Manufacturing, and others.
What subsidiaries does Kalaris Therapeutics have?
Kalaris Therapeutics's subsidiaries include Legacy Kalaris.
Where is Kalaris Therapeutics headquartered?
Kalaris Therapeutics is headquartered in United States of America. It has been publicly traded since 2025.