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Other financials

Income statement

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Operating income-$27.3M-49.2%
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:NetIncomeLoss.

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
Interest expense(8)(20)
Other expense(113)(32)
Total other income, net2,0602,392
Net loss(25,241)(15,906)
Other comprehensive loss:
Foreign currency translation adjustment37(7)
Comprehensive loss$(25,204)$(15,913)
Net loss per share, basic and diluted$(1.34)$(0.93)

Item 1. Financial Statements.

FAQ

What is Tectonic Therapeutics's net income?
Tectonic Therapeutics (TECX) reported net income of -$25.24M in Q1 2026.
How has Tectonic Therapeutics's net income changed year-over-year?
Tectonic Therapeutics's net income decreased by 58.7% year-over-year, from -$15.91M to -$25.24M.
What is the long-term trend for Tectonic Therapeutics's net income?
Over 4 years (2021 to 2025), Tectonic Therapeutics's net income has grown at a -11.2% compound annual growth rate (CAGR), from -$119.13M to -$74.15M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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