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Other financials

Income statement

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Revenue$65.0M+466%
Operating income-$75.6M+10.6%
Net income-$61.2M+20.1%
EPS (diluted)-$0.62+34.7%

Balance sheet

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Cash & equivalents$124.5M-62.9%
Total debt$80.1M-8.5%
Total equity$1.5B+55.4%
Total assets$1.6B+45.5%

Cash flow

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Operating cash flow-$54.1M+9.7%
CapEx$473.0K-31.9%
Free cash flow-$54.5M+10.0%

Valuation

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Market cap$8.85B+205%
Enterprise value$8.8B+232%
P/S84.3×+19.4×

Profitability

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Operating margin-333.5%-114pp
Net margin-285.3%-99.7pp
FCF margin-226.6%-84.9pp

Returns & leverage

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Return on equity-24.2%-5.2pp
Debt / equity0.1×0.0×
Current ratio10.3×+2.0×

Where this comes from

Reported directly by Kymera Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Kymera Therapeutics’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 7:15 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-333849
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Collaboration revenue$65,000$11,476$99,365$33,576
Operating expenses:
Research and development$119,481$78,388$217,644$158,643
General and administrative21,12617,64541,48433,916
Total operating expenses140,60796,033259,128192,559
Loss from operations(75,607)(84,557)(159,763)(158,983)
Other income (expense):
Interest and other income14,4778,05129,45916,968

Item 1. Financial Statements.

FAQ

What is Kymera Therapeutics's R&D?
Kymera Therapeutics (KYMR) reported R&D of $119.48M in Q2 2026.
How has Kymera Therapeutics's R&D changed year-over-year?
Kymera Therapeutics's R&D increased by 52.4% year-over-year, from $78.39M to $119.48M.
What is the long-term trend for Kymera Therapeutics's R&D?
Over 4 years (2021 to 2025), Kymera Therapeutics's R&D has grown at a 23.3% compound annual growth rate (CAGR), from $137.02M to $316.57M.
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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