What is Tectonic Therapeutics's change in lease liabilities?

Tectonic Therapeutics (TECX) reported change in lease liabilities of -$147K in Q1 2026.

How has Tectonic Therapeutics's change in lease liabilities changed year-over-year?

Tectonic Therapeutics's change in lease liabilities increased by 73.4% year-over-year, from -$553K to -$147K.

What does change in lease liabilities mean?

Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.

Tectonic Therapeutics TECX Change in Lease Liabilities

Change in Lease Liabilities at other companies

Septerna, Inc.SEPN

-$535K-18.9%

Gyre Therapeutics, Inc.GYRE

-$236K+89.5%

Ginkgo BioworksDNA

-$5M-4.3%

Rigel PharmaceuticalsRIGL

-$145K-114%

Ethos Technologies, Inc. LIFE

-$191K-17.9%

PrecigenPGEN

-$75K+21.1%

Other financials

Income statement

See full

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

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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:IncreaseDecreaseInOperatingLeaseLiability.

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 change in lease liabilities?: Tectonic Therapeutics (TECX) reported change in lease liabilities of -$147K in Q1 2026.
How has Tectonic Therapeutics's change in lease liabilities changed year-over-year?: Tectonic Therapeutics's change in lease liabilities increased by 73.4% year-over-year, from -$553K to -$147K.
What does change in lease liabilities mean?: Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.