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Viridian Therapeutics, Inc. VRDN Business Segments — Segment research and development expense

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Other financials

Income statement

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Revenue$284.0K+279%
Operating income-$126.3M-18.3%
Net income-$127.1M-26.2%
EPS (diluted)-$1.15-5.5%

Balance sheet

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Cash & equivalents$165.0M+40.6%
Total debt$114.4M+395%
Total equity$662.1M+28.5%
Total assets$1.1B+88.4%

Cash flow

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Operating cash flow-$105.3M-39.7%
CapEx$1.3M+3,010%
Free cash flow-$106.6M-41.4%

Valuation

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Market cap$2.55B+81.7%
Enterprise value$2.5B+90.9%
P/S35.9×-4,565×

Profitability

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Gross margin36.3%
Operating margin-569.7%-284pp
Net margin-544.1%-271pp
FCF margin-471%-235pp

Returns & leverage

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Return on equity-65.7%-0.1pp
Debt / equity0.2×+0.1×
Current ratio16.9×+5.9×

Where this comes from

Reported directly by Viridian Therapeutics, Inc. in its filing.

Tagged under the XBRL concept vrdn:ResearchAndDevelopmentExpenseExcludingShareBasedCompensationExpense.

The source filing: Viridian Therapeutics, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 7:31 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001590750-26-000018
Line itemThree Months Ended June 30, 2026Six Months Ended June 30, 2025Six Months Ended June 30, 20262025
Segment research and development expense (a)$64,189$81,401$135,933$152,439
Segment selling, general and administrative expense (a)45,26214,48376,31727,047
Share-based compensation expense (see Note 11)16,98410,84430,37421,064
Total operating expenses, excluding depreciation expense126,435106,728242,624200,550
License revenue180186
Other items (b)504(5,993)(10,790)(12,903)
Consolidated net loss$127,119$100,735$232,020$187,647

Item 1. Financial Statements (Unaudited)

FAQ

What is Viridian Therapeutics, Inc.'s business segments — segment research and development expense?
Viridian Therapeutics, Inc. (VRDN) reported business segments — segment research and development expense of $64.19M in Q2 2026.
How has Viridian Therapeutics, Inc.'s business segments — segment research and development expense changed year-over-year?
Viridian Therapeutics, Inc.'s business segments — segment research and development expense decreased by 21.1% year-over-year, from $81.4M to $64.19M.
What is the long-term trend for Viridian Therapeutics, Inc.'s business segments — segment research and development expense?
Over 3 years (2022 to 2025), Viridian Therapeutics, Inc.'s business segments — segment research and development expense has grown at a 50.2% compound annual growth rate (CAGR), from $93.6M to $317.22M.
What does business segments — segment research and development expense mean?
This metric represents the total costs incurred by the business segment for research and development activities, including clinical trials and drug candidate advancement. It reflects the company's investment in innovation and the pipeline development necessary to bring therapeutic products to market. High levels of expenditure in this category are typical for clinical-stage biopharmaceutical companies focused on long-term product commercialization.

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