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Syndax Pharmaceuticals SNDX Business Segments — Royalty Expense

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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$1.77B+95.0%

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 business segments — royalty expense?
Syndax Pharmaceuticals (SNDX) reported business segments — royalty expense of $11.85M in Q1 2026.
How has Syndax Pharmaceuticals's business segments — royalty expense changed year-over-year?
Syndax Pharmaceuticals's business segments — royalty expense increased by 47.2% year-over-year, from $8.05M to $11.85M.
What does business segments — royalty expense mean?
This represents the payments made to third parties, such as academic institutions or licensing partners, based on the commercial sales of the company's products. It reflects the cost of accessing intellectual property or proprietary technology essential for the company's therapeutic candidates. High royalty obligations can significantly impact the net profitability of a commercialized product.