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Other financials

Income statement

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Operating income-$41.4M+12.7%
Net income-$39.7M+11.0%
EPS (diluted)-$0.66+35.9%

Balance sheet

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Cash & equivalents$32.2M-43.4%
Total debt$9.2M+32.1%
Total equity$195.6M-12.7%
Total assets$257.0M-1.4%

Cash flow

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Operating cash flow-$41.6M+7.4%
Free cash flow-$33.5M+10.8%

Valuation

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Market cap$483.93M+261%
Enterprise value$460.9M+433%

Returns & leverage

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Return on equity-74.5%+74.4pp
Debt / equity0.0×
Current ratio8.1×+0.7×

Where this comes from

Reported directly by Kyverna Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Kyverna Therapeutics, Inc.’s 10-Q, filed November 12, 2025.

Filed
Nov 12, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001193125-25-277584
Line itemNine Months Ended September 30, 2025Nine Months Ended September 30, 2024
Proceeds from maturities of available-for-sale marketable securities306,500174,300
Internal-use software development costs capitalized in other non-current assets(590)
Proceeds from sale of property and equipment70
Purchases of property and equipment(6)(1,673)
Net cash provided by (used in) investing activities57,302(190,124)
Cash flows from financing activities
Proceeds from issuance of common stock upon initial public offering, net of underwriting commissions341,171
Proceeds from exercise of common stock options1,654227

Item 1. Financial Statements (unaudited)

FAQ

What is Kyverna Therapeutics, Inc.'s capex?
Kyverna Therapeutics, Inc. (KYTX) reported capex of $2K in Q3 2025.
How has Kyverna Therapeutics, Inc.'s capex changed year-over-year?
Kyverna Therapeutics, Inc.'s capex decreased by 98.0% year-over-year, from $102K to $2K.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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