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Other financials

Income statement

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Revenue-
Operating income-$60.8M-106%
Net income-$56.6M-112%
EPS (diluted)-$1.19-58.7%

Balance sheet

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Cash & equivalents$63.6M+15.5%
Total debt$10.1M-14.8%
Total assets$459.0M+60.8%

Cash flow

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Operating cash flow-$41.5M-65.4%
CapEx$78.0K+255%
Free cash flow-$41.5M-65.5%

Valuation

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Market cap$2.22B+317%
Enterprise value$2.17B+343%
P/S111.2×

Profitability

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Operating margin-767.6%
Net margin-685.8%
FCF margin-485.7%

Returns & leverage

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Return on equity-40%+22.3pp
Debt / equity0.0×
Current ratio15.7×-7.0×

Where this comes from

Reported directly by Rapport Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:StockholdersEquity.

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

Filed
Aug 5, 2026, 7:30 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-333862
Line itemJune 30,2026December 31,2025
Stockholders’ equity
Undesignated preferred stock, $0.001 par value; 10,000,000 shares authorized at June 30, 2026 and December 31, 2025, respectively; zero shares issued and outstanding at June 30, 2026 and December 31, 2025
Common stock, $0.001 par value; 500,000,000 shares authorized at June 30, 2026 and December 31, 2025; 47,955,079 shares and 47,772,567 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively4848
Additional paid-in capital735,848719,287
Accumulated other comprehensive income (loss)(1,270)546
Accumulated deficit(311,700)(235,228)
Total stockholders’ equity422,926484,653
Total liabilities and stockholders’ equity$458,982$512,431

Item 1. Financial Statements.

FAQ

What is Rapport Therapeutics, Inc.'s total equity?
Rapport Therapeutics, Inc. (RAPP) reported total equity of $422.93M in Q2 2026.
How has Rapport Therapeutics, Inc.'s total equity changed year-over-year?
Rapport Therapeutics, Inc.'s total equity increased by 60.5% year-over-year, from $263.51M to $422.93M.
What is the long-term trend for Rapport Therapeutics, Inc.'s total equity?
Over 3 years (2022 to 2025), Rapport Therapeutics, Inc.'s total equity has grown at a 263.8% compound annual growth rate (CAGR), from -$10.06M to $484.65M.
What does total equity mean?
Net assets attributable to shareholders — total assets minus total liabilities. Represents the book value of shareholders' ownership claim.

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