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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$1.82B+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 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.

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