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Royalty expense at other companies

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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$1.74B+95.0%
Enterprise value$1.96B+84.0%
P/S-12.4×

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 official record: Syndax Pharmaceuticals’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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.