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

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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:EmployeeExpenseBenefitRelatedToDiscovery.

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
Discovery department expense (1)(2)(8,521)(4,952)(17,027)(8,698)
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

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Protagonist Therapeutics's business segments — employee expense benefit related to discovery?
Protagonist Therapeutics (PTGX) reported business segments — employee expense benefit related to discovery of $2.67M in Q2 2026.
How has Protagonist Therapeutics's business segments — employee expense benefit related to discovery changed year-over-year?
Protagonist Therapeutics's business segments — employee expense benefit related to discovery increased by 21.9% year-over-year, from $2.19M to $2.67M.
What is the long-term trend for Protagonist Therapeutics's business segments — employee expense benefit related to discovery?
Over 3 years (2022 to 2025), Protagonist Therapeutics's business segments — employee expense benefit related to discovery has grown at a 17.0% compound annual growth rate (CAGR), from $6.16M to $9.88M.
What does business segments — employee expense benefit related to discovery mean?
This represents the total cash-based compensation and benefits provided to personnel directly involved in the discovery phase of drug development. It reflects the investment in human capital required to maintain the company's proprietary technology platform. Changes in this metric indicate shifts in the size or cost of the research team dedicated to early-stage innovation.

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