What is Zymeworks's ZW220 — R&D?

Zymeworks (ZYME) reported ZW220 — R&D of $97K in Q1 2026.

What does ZW220 — R&D mean?

This metric represents the total investment allocated to the research and development activities specifically associated with the ZW220 product candidate. It captures the resources dedicated to advancing this specific therapeutic asset through its clinical development lifecycle. Monitoring this spend helps investors assess the company's commitment to and progress of this particular pipeline program.

Zymeworks ZYME ZW220 — R&D

Other product segments

Expense for other preclinical and research programs

$6.37M+226%

Zanidatamab

$4.62M-58.7%

ZW191

$2.85M-2.7%

ZW251

$2.03M+1,085%

ZW171

$1.83M-31.5%

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$1.91M+72.3%

ARQTOther program costs — R&D

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DYNDYNE-251DM1 — Research And Development Expense

$37.75M+79.0%

IRONDISC Zero Nine Seven Four — Research And Development Expense

$8.11M+32.5%

Other financials

Income statement

See full

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

See full

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

CapEx$216.0K+1,250%

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

Valuation

See full

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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What is Zymeworks's ZW220 — R&D?: Zymeworks (ZYME) reported ZW220 — R&D of $97K in Q1 2026.
What does ZW220 — R&D mean?: This metric represents the total investment allocated to the research and development activities specifically associated with the ZW220 product candidate. It captures the resources dedicated to advancing this specific therapeutic asset through its clinical development lifecycle. Monitoring this spend helps investors assess the company's commitment to and progress of this particular pipeline program.