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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%
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:PropertyPlantAndEquipmentNet.

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 itemMarch 31, 2026December 31, 2025
Prepaid expenses and other current assets5,2803,700
Total current assets241,726282,953
Restricted cash551551
Property and equipment, net1,3431,546
Operating lease right-of-use assets8,1923,568
Finance lease right-of-use assets198305
Other non-current assets5,0144,903
Total assets$257,024$293,826

Item 1. Financial Statements (unaudited)

FAQ

What is Kyverna Therapeutics, Inc.'s PP&E (net)?
Kyverna Therapeutics, Inc. (KYTX) reported PP&E (net) of $1.34M in Q1 2026.
How has Kyverna Therapeutics, Inc.'s PP&E (net) changed year-over-year?
Kyverna Therapeutics, Inc.'s PP&E (net) decreased by 44.9% year-over-year, from $2.44M to $1.34M.
What is the long-term trend for Kyverna Therapeutics, Inc.'s PP&E (net)?
Over 2 years (2023 to 2025), Kyverna Therapeutics, Inc.'s PP&E (net) has grown at a -18.5% compound annual growth rate (CAGR), from $2.33M to $1.55M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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