What is Tectonic Therapeutics's capex?

Tectonic Therapeutics (TECX) reported capex of $19K in Q1 2026.

How has Tectonic Therapeutics's capex changed year-over-year?

Tectonic Therapeutics's capex decreased by 29.6% year-over-year, from $27K to $19K.

What is the long-term trend for Tectonic Therapeutics's capex?

Over 3 years (2021 to 2024), Tectonic Therapeutics's capex has grown at a -60.1% compound annual growth rate (CAGR), from $2.46M to $156K.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Tectonic Therapeutics TECX CapEx

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Other financials

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%

Free cash flow-$18.4M-40.6%

Valuation

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Market cap$585.51M+58.3%

Enterprise value$353.51M+438%

Returns & leverage

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Return on equity-31.4%—

Debt / equity0×0.0×

Current ratio18.5×-4.4×

Where this comes from

Reported directly by Tectonic Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Tectonic Therapeutics’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tectonic Therapeutics's capex?: Tectonic Therapeutics (TECX) reported capex of $19K in Q1 2026.
How has Tectonic Therapeutics's capex changed year-over-year?: Tectonic Therapeutics's capex decreased by 29.6% year-over-year, from $27K to $19K.
What is the long-term trend for Tectonic Therapeutics's capex?: Over 3 years (2021 to 2024), Tectonic Therapeutics's capex has grown at a -60.1% compound annual growth rate (CAGR), from $2.46M to $156K.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.