What is Zymeworks's change in deferred revenue?

Zymeworks (ZYME) reported change in deferred revenue of -$340K in Q1 2026.

How has Zymeworks's change in deferred revenue changed year-over-year?

Zymeworks's change in deferred revenue increased by 83.8% year-over-year, from -$2.09M to -$340K.

What does change in deferred revenue mean?

Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.

Zymeworks ZYME Change in Deferred Revenue

Change in Deferred Revenue at other companies

AbCellera Biologics Inc.ABCL

-$8.03M-160%

Stoke Therapeutics, Inc.STOK

-$2.19M-123%

Septerna, Inc.SEPN

-$16.24M-139%

TG TherapeuticsTGTX

-$5.99M-4,377%

Charles River LaboratoriesCRL

$5.2M+528%

Innoviva, Inc.INVA

-$593K-378%

Other financials

Income statement

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Revenue$2.4M-91.1%

Operating income-$47.1M-84.0%

Net income-$44.2M-95.1%

EPS (diluted)-$0.59-96.7%

Balance sheet

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Cash & equivalents$244.3M+221%

Total debt$17.0M-7.7%

Total equity$163.6M-49.7%

Total assets$478.2M+12.4%

Cash flow

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Operating cash flow-$45.7M-1,242%

CapEx$216.0K+1,250%

Free cash flow-$45.9M-1,242%

Valuation

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Market cap$1.79B+125%

Profitability

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Operating margin-140.4%+7.3pp

Net margin-126.3%+5.0pp

FCF margin-94.8%+15.5pp

Returns & leverage

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Return on equity-42%+29.2pp

Debt / equity0.1×0.0×

Current ratio10.8×+6.1×

Where this comes from

Reported directly by Zymeworks in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInContractWithCustomerLiability.

The official record: Zymeworks’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zymeworks's change in deferred revenue?: Zymeworks (ZYME) reported change in deferred revenue of -$340K in Q1 2026.
How has Zymeworks's change in deferred revenue changed year-over-year?: Zymeworks's change in deferred revenue increased by 83.8% year-over-year, from -$2.09M to -$340K.
What does change in deferred revenue mean?: Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.