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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$639.46M+54.6%
Enterprise value$407.46M+219%

Returns & leverage

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Return on equity-31.4%
Debt / equity0.0×
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 source filing: Tectonic Therapeutics’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:19 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-212016
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Operating lease liabilities(147)(553)
Net cash used in operating activities(18,413)(13,083)
Cash flows from investing activities:
Purchase of property and equipment(19)(27)
Net cash used in investing activities(19)(27)
Cash flows from financing activities:
Proceeds from the at-the-market offering, net of offering costs1,264
Proceeds from the private placement, net of offering costs177,268

Item 1. Financial Statements.

FAQ

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.

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