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Other financials

Income statement

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Revenue$7.7M-46.2%
Operating income-$112.8M-2.5%
Net income-$106.6M-5.3%
EPS (diluted)-$0.80+18.4%

Balance sheet

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Cash & equivalents$106.1M-32.0%
Total debt$73.4M-28.4%
Total equity$727.7M+202%
Total assets$857.2M-4.6%

Cash flow

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Operating cash flow-$83.1M+16.6%
CapEx$1.8M+657%
Free cash flow-$84.9M+15.0%

Valuation

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Market cap$1.68B+45.7%
Enterprise value$1.65B+49.8%
P/S28.2×+6.4×

Profitability

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Operating margin-711.7%-149pp
Net margin-672.2%-139pp
FCF margin-586%-123pp

Returns & leverage

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Return on equity-56.3%-1.5pp
Debt / equity0.1×
Current ratio6.6×+1.5×

Where this comes from

Reported directly by Intellia Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Intellia Therapeutics’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337952
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Collaboration revenue$7,659$14,245$22,707$30,872
Operating expenses:
Research and development82,59597,035163,332205,462
General and administrative37,82427,20672,66756,213
Total operating expenses120,419124,241235,999261,675
Operating loss(112,760)(109,996)(213,292)(230,803)
Other income, net:
Interest income5,7977,40211,00216,005

Item 1. Financial Statements

FAQ

What is Intellia Therapeutics's R&D?
Intellia Therapeutics (NTLA) reported R&D of $82.6M in Q2 2026.
How has Intellia Therapeutics's R&D changed year-over-year?
Intellia Therapeutics's R&D decreased by 14.9% year-over-year, from $97.04M to $82.6M.
What is the long-term trend for Intellia Therapeutics's R&D?
Over 4 years (2021 to 2025), Intellia Therapeutics's R&D has grown at a 14.1% compound annual growth rate (CAGR), from $229.81M to $388.86M.
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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