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Other financials

Income statement

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Operating income-$59.8M-1.2%
Net income-$58.2M-1.2%
EPS (diluted)-$0.94+13.8%

Balance sheet

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Cash & equivalents$169.5M+22.1%
Total debt$56.0M-17.2%
Total equity$112.1M+3.0%
Total assets$306.0M+2.7%

Cash flow

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Operating cash flow-$40.0M-37.6%
CapEx$942.0K+249%
Free cash flow-$41.0M-39.5%

Valuation

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Market cap$2.84B+556%
Enterprise value$2.73B+592%

Returns & leverage

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Return on equity-208.8%+2,306pp
Debt / equity0.5×-0.1×
Current ratio3.5×-1.1×

Where this comes from

Reported directly by Kodiak Sciences Inc in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Kodiak Sciences Inc’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-211951
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Operating expenses
Research and development$48,547$43,644
General and administrative11,23015,429
Total operating expenses59,77759,073
Loss from operations(59,777)(59,073)
Interest income1,6411,602
Other income (expense), net(22)10
Net loss and comprehensive loss$(58,158)$(57,461)

Item 1. Financial Statements (Unaudited).

FAQ

What is Kodiak Sciences Inc's R&D?
Kodiak Sciences Inc (KOD) reported R&D of $48.55M in Q1 2026.
How has Kodiak Sciences Inc's R&D changed year-over-year?
Kodiak Sciences Inc's R&D increased by 11.2% year-over-year, from $43.64M to $48.55M.
What is the long-term trend for Kodiak Sciences Inc's R&D?
Over 4 years (2021 to 2025), Kodiak Sciences Inc's R&D has grown at a -4.3% compound annual growth rate (CAGR), from $217.34M to $182.37M.
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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