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Protagonist Therapeutics PTGX Business Segments — Employee Expense Benefit Related To Development

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Other financials

Income statement

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Revenue$213.5M+3,749%
Operating income$158.8M+478%
Net income$162.8M+568%
EPS (diluted)$2.29+516%

Balance sheet

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Cash & equivalents$420.1M+149%
Total debt$9.2M-18.3%
Total equity$841.5M+26.0%
Total assets$885.5M+23.3%

Cash flow

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Operating cash flow$219.1M
CapEx$168.0K-79.3%
Free cash flow$218.9M

Valuation

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Market cap$8.83B+165%
Enterprise value$8.42B+165%
P/E106.5×+42.4×
P/S31.3×+15.4×

Profitability

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Operating margin20.7%+9.2pp
Net margin29.4%+4.5pp
FCF margin-12,264.3%-12,527pp

Returns & leverage

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Return on equity11%+2.4pp
Debt / equity0.0×
Current ratio21.7×+4.7×

Where this comes from

Reported directly by Protagonist Therapeutics in its filing.

Tagged under the XBRL concept ptgx:EmployeeExpenseBenefitRelatedToDevelopment.

The source filing: Protagonist Therapeutics’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091123
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Development department expense (1)(2)(14,432)(15,504)(31,905)(28,409)
General and administrative expenses (1)(5,745)(5,890)(11,440)(11,425)
Employee wages and benefits - discovery (2)(2,668)(2,188)(5,816)(4,515)
Employee wages and benefits - development (2)(4,949)(4,658)(10,901)(10,142)
Employee wages and benefits - general and administrative(4,357)(3,483)(9,080)(7,315)
Stock-based compensation expense(14,037)(10,912)(28,556)(24,714)
Other segment items (3)(81)36(28)118
Interest income6,4297,40612,30514,979

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Protagonist Therapeutics's business segments — employee expense benefit related to development?
Protagonist Therapeutics (PTGX) reported business segments — employee expense benefit related to development of $4.95M in Q2 2026.
How has Protagonist Therapeutics's business segments — employee expense benefit related to development changed year-over-year?
Protagonist Therapeutics's business segments — employee expense benefit related to development increased by 6.2% year-over-year, from $4.66M to $4.95M.
What is the long-term trend for Protagonist Therapeutics's business segments — employee expense benefit related to development?
Over 3 years (2022 to 2025), Protagonist Therapeutics's business segments — employee expense benefit related to development has grown at a 3.5% compound annual growth rate (CAGR), from $19.28M to $21.39M.
What does business segments — employee expense benefit related to development mean?
This captures the cash-based compensation and benefits for staff focused on clinical development, including clinical operations, regulatory affairs, and medical affairs. It serves as a proxy for the company's investment in the human resources necessary to execute clinical trials and navigate regulatory pathways. This is a key indicator of the company's commitment to advancing its pipeline toward market approval.

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