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Tectonic Therapeutics

TECX

Tectonic Therapeutic is a clinical-stage biotechnology company specializing in the discovery and development of therapeutic proteins and antibodies that target G-protein coupled receptors (GPCRs).

Market cap
$639.46M+54.7%
Net income-$83.5M-42.3%
Free cash flow-$65.6M-4.0%
EPS (diluted)-$4.46+74.4%
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

August 6, 2026

Next report

Nov 5, 2026 (in 3 months)
EPS estimate-$1.38

Financials

Q1 2026

Income statement

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Operating income-$27.3M-49.2%
Net income-$25.2M-58.7%
EPS (diluted)-$1.34-44.1%

Balance sheet

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Cash & equivalents$236.9M-22.8%
Total debt$4.9M+86.1%
Total equity$230.4M-23.5%
Total assets$246.6M-21.7%

Cash flow

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Operating cash flow-$18.4M-40.7%
CapEx$19.0K-29.6%
Free cash flow-$18.4M-40.6%

Valuation & ratios

Valuation

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Market cap$639.46M+54.7%
Enterprise value$407.46M+219%

Returns & leverage

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Return on equity-31.4%
Debt / equity0.0×
Current ratio18.5×-4.4×

Competitors

Profile

Tectonic Therapeutic is a clinical-stage biotechnology company specializing in the discovery and development of therapeutic proteins and antibodies that target G-protein coupled receptors (GPCRs). Utilizing its proprietary GEODe™ technology platform, the company aims to overcome historical challenges in GPCR-targeted biologic discovery to address significant unmet medical needs in cardiovascular and fibrotic diseases. The company's core value proposition lies in engineering biologics that offer superior selectivity and multi-modal action compared to traditional small-molecule drugs.

Competitive position

A clinical-stage innovator utilizing a proprietary platform to target GPCRs with biologics, a field traditionally dominated by small molecules.

GeographiesUnited States, Australia, European Union
Customer segmentsPatients, Healthcare Providers
Business modelResearch and Development, IP Licensing
SuppliersContract Development and Manufacturing Organizations (CDMOs), Academic research institutions, Specialized laboratory equipment providers
CustomersClinical trial participants, Hospitals, Specialty pharmacies
Listed2024
CEOAlise S. Reicin
FilingsSEC EDGAR

FAQ

What is Tectonic Therapeutics's market cap?
Tectonic Therapeutics (TECX) has a market capitalization of $639.5M and trades on XNAS.
Who are Tectonic Therapeutics's competitors?
Tectonic Therapeutics's key competitors include Septerna, Alnylam Pharmaceuticals, GT Biopharma Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Tectonic Therapeutics partner with?
Tectonic Therapeutics's notable partners include Harvard College, Novotech (Australia) Pty Limited, WuXi Biologics.
What subsidiaries does Tectonic Therapeutics have?
Tectonic Therapeutics's subsidiaries include Tectonic Operating Company, Inc..
Where is Tectonic Therapeutics headquartered?
Tectonic Therapeutics is headquartered in United States of America. It has been publicly traded since 2024.