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Other financials

Income statement

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Operating income-$41.4M+12.7%
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%
CapEx$2.0K-98.0%
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:NetIncomeLoss.

The source filing: Kyverna Therapeutics, Inc.’s 10-Q, filed May 12, 2026.

Filed
May 12, 2026, 4:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-219397
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Interest expense(667)(25)
Other expense, net(21)(27)
Total other income, net1,6392,773
Net loss(39,728)(44,635)
Other comprehensive loss
Unrealized loss on available-for-sale marketable securities, net(193)(106)
Total other comprehensive loss(193)(106)
Net loss and other comprehensive loss$(39,921)$(44,741)

Item 1. Financial Statements (unaudited)

FAQ

What is Kyverna Therapeutics, Inc.'s net income?
Kyverna Therapeutics, Inc. (KYTX) reported net income of -$39.73M in Q1 2026.
How has Kyverna Therapeutics, Inc.'s net income changed year-over-year?
Kyverna Therapeutics, Inc.'s net income increased by 11.0% year-over-year, from -$44.64M to -$39.73M.
What is the long-term trend for Kyverna Therapeutics, Inc.'s net income?
Over 2 years (2023 to 2025), Kyverna Therapeutics, Inc.'s net income has grown at a 63.5% compound annual growth rate (CAGR), from -$60.37M to -$161.31M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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