What is Zymeworks's non-cash lease expense?

Zymeworks (ZYME) reported non-cash lease expense of $1.71M in Q1 2026.

How has Zymeworks's non-cash lease expense changed year-over-year?

Zymeworks's non-cash lease expense increased by 141.6% year-over-year, from $707K to $1.71M.

What is the long-term trend for Zymeworks's non-cash lease expense?

Over 3 years (2022 to 2025), Zymeworks's non-cash lease expense has grown at a -10.8% compound annual growth rate (CAGR), from $4.77M to $3.39M.

What does non-cash lease expense mean?

Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.

Zymeworks ZYME Non-Cash Lease Expense

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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$1.76B+125%

Enterprise value$1.53B+112%

P/S21.6×+13.2×

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:OperatingLeaseRightOfUseAssetAmortizationExpense.

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 non-cash lease expense?: Zymeworks (ZYME) reported non-cash lease expense of $1.71M in Q1 2026.
How has Zymeworks's non-cash lease expense changed year-over-year?: Zymeworks's non-cash lease expense increased by 141.6% year-over-year, from $707K to $1.71M.
What is the long-term trend for Zymeworks's non-cash lease expense?: Over 3 years (2022 to 2025), Zymeworks's non-cash lease expense has grown at a -10.8% compound annual growth rate (CAGR), from $4.77M to $3.39M.
What does non-cash lease expense mean?: Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.