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Zymeworks ZYME Zanidatamab — R&D

Other product segments

Expense for other preclinical and research programs
$6.37M+226%
ZW191
$2.85M-2.7%
ZW220
$2.14M+439%
ZW251
$2.03M+1,085%
ZW171
$1.83M-31.5%

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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$1.79B+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:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

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 zanidatamab — R&D?
Zymeworks (ZYME) reported zanidatamab — R&D of $623K in Q1 2026.
What does zanidatamab — R&D mean?
This metric represents the total organizational effort and resource allocation dedicated to the advancement of the zanidatamab clinical program. It encompasses the strategic focus on clinical trials, regulatory filings, and scientific development activities specific to this bispecific antibody candidate. Tracking this allows investors to assess the company's commitment to its primary pipeline asset and the progression of its clinical development lifecycle.