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Tectonic Therapeutics TECX Finance Lease Liabilities

Finance Lease Liabilities at other companies

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$2.66M-28.0%

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%
CapEx$19.0K-29.6%
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:FinanceLeaseLiabilityNoncurrent.

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 itemMarch 31, 2026December 31, 2025
Finance lease liability265344
Operating lease liability1,166889
Total current liabilities12,9589,666
Finance lease liability, non-current1743
Operating lease liability, non-current3,185
Total liabilities16,1609,709
Commitments and contingencies (Note 10)
Stockholders’ Equity:

Item 1. Financial Statements.

FAQ

What is Tectonic Therapeutics's finance lease liabilities?
Tectonic Therapeutics (TECX) reported finance lease liabilities of $17K in Q1 2026.
How has Tectonic Therapeutics's finance lease liabilities changed year-over-year?
Tectonic Therapeutics's finance lease liabilities decreased by 94.0% year-over-year, from $283K to $17K.
What is the long-term trend for Tectonic Therapeutics's finance lease liabilities?
Over 2 years (2023 to 2025), Tectonic Therapeutics's finance lease liabilities has grown at a -77.8% compound annual growth rate (CAGR), from $876K to $43K.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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