What is Tectonic Therapeutics's tax on share settlement?

Tectonic Therapeutics (TECX) reported tax on share settlement of $412K in Q1 2026.

What does tax on share settlement mean?

Cash paid to tax authorities for employee share vesting, where the company withholds shares and pays the tax obligation in cash.

Tectonic Therapeutics TECX Tax on Share Settlement

Tax on Share Settlement at other companies

Ginkgo BioworksDNA

$0—

PrecigenPGEN

$146K-69.2%

Tenet HealthcareTHC

$86M+169%

GE HealthCare TechnologiesGEHC

$19M-32.1%

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$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:PaymentsRelatedToTaxWithholdingForShareBasedCompensation.

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 tax on share settlement?: Tectonic Therapeutics (TECX) reported tax on share settlement of $412K in Q1 2026.
What does tax on share settlement mean?: Cash paid to tax authorities for employee share vesting, where the company withholds shares and pays the tax obligation in cash.