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Tectonic Therapeutics TECX Total Operating Expenses

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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:OperatingExpenses.

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
Operating expenses:
Research and development$20,871$13,036
General and administrative6,4305,262
Total operating expenses27,30118,298
Loss from operations(27,301)(18,298)
Other income (expense):
Interest income2,1812,444
Interest expense(8)(20)

Item 1. Financial Statements.

FAQ

What is Tectonic Therapeutics's total operating expenses?
Tectonic Therapeutics (TECX) reported total operating expenses of $27.3M in Q1 2026.
How has Tectonic Therapeutics's total operating expenses changed year-over-year?
Tectonic Therapeutics's total operating expenses increased by 49.2% year-over-year, from $18.3M to $27.3M.
What is the long-term trend for Tectonic Therapeutics's total operating expenses?
Over 4 years (2021 to 2025), Tectonic Therapeutics's total operating expenses has grown at a -8.3% compound annual growth rate (CAGR), from $118.84M to $84.04M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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