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Other Research And Development
$2.48M-13.9%
SL-846
$1.68M

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Other financials

Income statement

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Revenue-
Operating income-$16.2M-24.0%
Net income-$15.2M-21.6%
EPS (diluted)-$0.12+50.0%

Balance sheet

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Cash & equivalents$63.3M+25.4%
Total debt$2.7M-10.0%
Total equity$211.1M+270%
Total assets$220.7M+243%

Cash flow

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Operating cash flow-$10.2M+2.4%
CapEx$78.0K
Free cash flow-$10.3M+1.6%

Valuation

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Market cap$694.34M+1,826%
Enterprise value$633.72M-5,241%
P/S694.3×+682×

Profitability

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Operating margin-5,578.7%-15,316pp
Net margin-5,256.8%-14,625pp
FCF margin-4,124%-23,818pp

Returns & leverage

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Return on equity-39.2%-12.5pp
Debt / equity0.0×
Current ratio27.6×+17.3×

Where this comes from

Reported directly by Shattuck Labs, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Shattuck Labs, Inc.’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 6:57 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-055483
RevenueThree Months Ended June 30, 2026 / $Three Months Ended June 30, 2026 / —Three Months Ended June 30, 2025 / $Three Months Ended June 30, 2025 / —
Operating expenses:
Research and development:
SL-32514,1072,604
SL-84611,679
Other research and development22,4792,878
Research and development non-equity compensation2,3602,331
Research and development equity compensation1,075867
Total research and development11,7008,680

Item 1. Condensed Financial Statements (Unaudited)

FAQ

What is Shattuck Labs, Inc.'s SL-325 — R&D?
Shattuck Labs, Inc. (STTK) reported SL-325 — R&D of $4.11M in Q2 2026.
How has Shattuck Labs, Inc.'s SL-325 — R&D changed year-over-year?
Shattuck Labs, Inc.'s SL-325 — R&D increased by 57.7% year-over-year, from $2.6M to $4.11M.
What does SL-325 — R&D mean?
This metric represents the direct operating expenses allocated to the research, clinical development, and preclinical testing of the SL-325 product candidate. It captures the investment required to advance this specific therapeutic asset through the drug development pipeline, including costs for clinical trials, manufacturing process development, and regulatory activities. Monitoring this spend provides insight into the company's capital allocation strategy and the pace of development for this particular pipeline asset.

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