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Segments

By segment

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Biopharmaceutical Cancer Therapeutics$11.85M+47.2%

Other financials

Income statement

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Revenue$64.9M+224%
Operating income-$34.2M+59.2%
Net income-$42.7M+49.7%
EPS (diluted)-$0.48+51.0%

Balance sheet

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Cash & equivalents$130.9M-15.0%
Total debt$350.5M+4.2%
Total equity$41.6M-80.6%
Total assets$472.7M-26.2%

Cash flow

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Operating cash flow-$50.3M+47.1%
CapEx$46.8K
Free cash flow-$80.8M-17.6%

Valuation

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Market cap$1.82B+69.0%
Enterprise value$2.04B+57.0%
P/S8.4×-5.4×

Profitability

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Operating margin-102.8%-47.8pp
Net margin-111.9%-51.5pp
FCF margin-187.2%-85.4pp

Returns & leverage

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Return on equity-189.5%-8,509pp
Debt / equity8.4×+6.9×
Current ratio5.5×-0.3×

Where this comes from

Reported directly by Syndax Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:RoyaltyExpense.

The source filing: Syndax Pharmaceuticals’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:04 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-197154
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Total operating expenses99,066103,799
Loss from operations(34,202)(83,757)
Other (expense) income, net:
Royalty interest expense(11,846)(8,049)
Other interest expense(2)
Interest income3,5617,183
Other expense(186)(221)
Total other (expense) income, net(8,471)(1,089)

Item 1: Financial Statements

FAQ

What is Syndax Pharmaceuticals's royalty expense?
Syndax Pharmaceuticals (SNDX) reported royalty expense of $11.85M in Q1 2026.
How has Syndax Pharmaceuticals's royalty expense changed year-over-year?
Syndax Pharmaceuticals's royalty expense increased by 47.2% year-over-year, from $8.05M to $11.85M.
What does royalty expense mean?
This metric captures the costs incurred for the right to use intellectual property, technology, or patents owned by third parties in the development or commercialization of product candidates. These expenses are typically calculated as a percentage of net sales or based on specific development milestones achieved. Monitoring this expense is critical for assessing the long-term margin impact of in-licensed assets on the company's bottom line.

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