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Scholar Rock SRRK Apitegromab — Research And Development Expense

Other product segments

RD Expense Srk439
$3.76M+46.0%
Early Research
$1.61M-27.7%
RD Expense Srk181
$9K-98.9%

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Other financials

Income statement

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Revenue-
Operating income-$108.9M+2.9%
Net income-$109.9M+0.1%
EPS (diluted)-$0.84+14.3%

Balance sheet

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Cash & equivalents$437.1M+186%
Total debt$203.8M+231%
Total equity$253.8M+8.8%
Total assets$523.5M+54.0%

Cash flow

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Operating cash flow-$70.3M+8.6%
CapEx$1.0K-99.5%
Free cash flow-$70.3M+8.9%

Valuation

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Market cap$5.74B+92.7%
Enterprise value$5.5B+90.9%

Profitability

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Operating margin-231.8%
Net margin-236.9%
FCF margin-309.1%

Returns & leverage

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Return on equity-167.8%-4.1pp
Debt / equity0.8×+0.5×
Current ratio+0.7×

Where this comes from

Reported directly by Scholar Rock in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Scholar Rock’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 7:20 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-336732
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating expenses:
Employee related expense(1)$37,445$32,484$74,971$55,422
External R&D expense - apitegromab22,94827,95643,20947,257
External R&D expense - SRK-1819792451,902
External R&D expense - SRK-4393,7602,5755,5196,854
External R&D expense - Early research and other1,6102,2272,8203,682
External expense - G&A16,59714,95232,72923,895
Other segment items(2)6,5736,27313,08211,531

Item 1. Financial Statements

FAQ

What is Scholar Rock's apitegromab — research and development expense?
Scholar Rock (SRRK) reported apitegromab — research and development expense of $22.95M in Q2 2026.
How has Scholar Rock's apitegromab — research and development expense changed year-over-year?
Scholar Rock's apitegromab — research and development expense decreased by 17.9% year-over-year, from $27.96M to $22.95M.
What does apitegromab — research and development expense mean?
This metric represents the total operating costs directly attributable to the research, clinical development, and regulatory advancement of the Apitegromab product candidate. It captures the investment intensity required to progress this specific therapeutic asset through clinical trials and toward potential commercialization. Monitoring this expense helps investors assess the company's capital allocation strategy and the financial commitment dedicated to its primary pipeline asset.

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