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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:ShareBasedCompensation.

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
Net loss$(25,241)$(15,906)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense304360
Stock-based compensation expense3,2052,103
Loss on disposal of property and equipment23
Reduction in the carrying amount of the operating right-of-use assets496511
Change in operating assets and liabilities:
Prepaid expenses and other current assets(46)2,221

Item 1. Financial Statements.

FAQ

What is Tectonic Therapeutics's stock-based comp?
Tectonic Therapeutics (TECX) reported stock-based comp of $3.21M in Q1 2026.
How has Tectonic Therapeutics's stock-based comp changed year-over-year?
Tectonic Therapeutics's stock-based comp increased by 52.4% year-over-year, from $2.1M to $3.21M.
What is the long-term trend for Tectonic Therapeutics's stock-based comp?
Over 3 years (2021 to 2025), Tectonic Therapeutics's stock-based comp has grown at a -17.3% compound annual growth rate (CAGR), from $18.58M to $10.5M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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