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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%
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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: Tectonic Therapeutics’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 4:21 PM EST
Fiscal year
FY2025
Accession
0001193125-26-076793
Line itemYear Ended December 31, 2025Year Ended December 31, 2024
Change in fair value of SAFE liabilities(3,610)
Other expense(119)(511)
Total other income, net11,11533
Loss before income tax(72,921)(57,982)
Income tax expense(1,230)
Net loss(74,151)(57,982)
Other comprehensive loss:
Foreign currency translation adjustment(105)9

Item 16. Form 10-K Summary

FAQ

What is Tectonic Therapeutics's pre-tax income?
Tectonic Therapeutics (TECX) reported pre-tax income of -$18.97M in Q4 2025.
How has Tectonic Therapeutics's pre-tax income changed year-over-year?
Tectonic Therapeutics's pre-tax income decreased by 53.3% year-over-year, from -$12.37M to -$18.97M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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