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MoonLake Immunotherapeutics

MLTX

MoonLake Immunotherapeutics is a clinical-stage biotechnology company dedicated to developing novel therapies for inflammatory skin and joint diseases.

Market cap
$1.53B-56.6%
Net income-$257.1M-77.1%
Free cash flow-$224.2M-60.0%
EPS (diluted)-$3.87-68.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 11, 2026 (In 2 days)
EPS estimate-$0.92

Financials

Q1 2026

Income statement

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Operating income-$70.0M-47.5%
Net income-$69.7M-74.5%
EPS (diluted)-$0.98-55.6%

Balance sheet

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Cash & equivalents$298.5M+9.9%
Total debt$100.8M+33.3%
Total equity$254.0M-37.7%
Total assets$400.4M-21.7%

Cash flow

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Operating cash flow-$66.3M-73.8%
CapEx--100%
Free cash flow-$66.3M-73.6%

Valuation & ratios

Valuation

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Market cap$1.53B-56.6%
Enterprise value$1.34B-57.2%

Returns & leverage

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Return on equity-77.7%-221pp
Debt / equity0.4×+0.2×
Current ratio8.6×-12.5×

Competitors

Profile

MoonLake Immunotherapeutics is a clinical-stage biotechnology company dedicated to developing novel therapies for inflammatory skin and joint diseases. The company's core value proposition centers on its proprietary Nanobody technology, which offers enhanced tissue penetration and manufacturing advantages over traditional monoclonal antibodies. Its primary focus is the clinical advancement of sonelokimab (SLK), a tri-specific inhibitor targeting IL-17A and IL-17F to address significant unmet needs in dermatology and rheumatology.

Competitive position

A clinical-stage innovator utilizing a specialized Nanobody platform to differentiate from established monoclonal antibody treatments in the IL-17 inhibitor market.

GeographiesUnited States, European Union
Customer segmentsPatients, Specialty pharmacies, Hospitals
Business modelR&D intensive, IP licensing
SuppliersContract Manufacturing Organizations (CMOs), Intellectual property licensors, Clinical research organizations
CustomersWholesale pharmaceutical distributors, Specialty pharmacies, Healthcare systems
Listed2022
Employees50.0
CEOJorge Santos da Silva
FilingsSEC EDGAR

FAQ

What is MoonLake Immunotherapeutics's market cap?
MoonLake Immunotherapeutics (MLTX) has a market capitalization of $1.5B and trades on NASDAQ.
Who are MoonLake Immunotherapeutics's competitors?
MoonLake Immunotherapeutics's key competitors include Eli Lilly and Company, Shattuck Labs, Inc. Common Stock, Kymera Therapeutics, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does MoonLake Immunotherapeutics partner with?
MoonLake Immunotherapeutics's notable partners include Merck KGaA, Avillion LLP, Sanofi.
Where is MoonLake Immunotherapeutics headquartered?
MoonLake Immunotherapeutics is headquartered in Switzerland and employs approximately 50 people. It has been publicly traded since 2022.