Apogee Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:20:59Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 |
|---|---|---|---|---|
| Free Cash Flow | -232.60M | -172.33M | -74.93M | — |
| EBITDA | -284.18M | -216.68M | — | — |
| Working Capital | 713.45M | 501.15M | 377.85M | 142.07M |
| Net Debt | -122.70M | -129.96M | -116.32M | — |
| Return on Assets (ROA) | -27.30% | -24.16% | -20.92% | -26.16% |
| Current Ratio | 26.57× | 18.55× | 19.38× | 15.24× |
| Effective Tax Rate | -0.11% | -0.01% | 0.00% | — |
| Cash Conversion Ratio | 0.89× | 0.94× | 0.89× | 0.41× |
| Accruals Ratio | -0.03× | -0.01× | -0.02× | -0.15× |
| CapEx Coverage | -44.19× | -148.59× | -447.67× | — |
| Free Cash Flow Per Share | $-3.83 | $-3.12 | $-3.00 | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 |
|---|---|---|---|---|
| Research and Development Expense | 214.71M | 167.87M | 68.42M | 27.79M |
| Operating Expenses | 285.60M | 216.87M | 93.00M | 30.73M |
| Operating Income (Loss) | -285.60M | -216.87M | -93.00M | -30.73M |
| Income Tax Expense (Benefit) | 278.00K | 18.00K | 0 | — |
| Net Income (Loss) Attributable to Parent | -255.84M | -182.15M | -83.98M | -39.78M |
| Earnings Per Share, Basic | $-4.22 | $-3.30 | $-3.36 | $-16.16 |
| Weighted Average Number of Shares Outstanding, Basic | 60.69M | 55.19M | 25.01M | 2.46M |
| Earnings Per Share, Diluted | $-4.22 | $-3.30 | $-3.36 | $-16.16 |
| Weighted Average Number of Shares Outstanding, Diluted | 60.69M | 55.19M | 25.01M | 2.46M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 |
|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 131.55M | 141.79M | 118.32M | 151.89M |
| Assets, Current | 741.36M | 529.71M | 398.41M | 152.06M |
| Assets | 937.13M | 753.95M | 401.40M | 152.06M |
| Liabilities, Current | 27.91M | 28.56M | 20.56M | 9.98M |
| Liabilities | 33.25M | 37.16M | 21.49M | 9.98M |
| Common Stock, Shares, Outstanding | 68.40M | 58.06M | 48.34M | 0 |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 |
|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -227.45M | -171.17M | -74.76M | -16.43M |
| Payments to Acquire Property, Plant, and Equipment | 5.15M | 1.15M | 167.00K | — |
| Net Cash Provided by (Used in) Investing Activities | -179.57M | -300.46M | -273.91M | — |
| Net Cash Provided by (Used in) Financing Activities | 396.49M | 495.11M | 315.39M | 168.32M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | -62.75M | -169.85M | -115.59M | -52.79M | -67.71M |
| EBITDA | -82.36M | -77.65M | -70.88M | -72.77M | -62.89M | -75.81M |
| Working Capital | 1.04B | 713.45M | 506.05M | 484.57M | 488.57M | 501.15M |
| Net Debt | -443.75M | -122.70M | -98.06M | -113.35M | -95.10M | -129.96M |
| Return on Assets (ROA) | -5.73% | -7.40% | -10.38% | -10.05% | -7.75% | -8.92% |
| Current Ratio | 32.59× | 26.57× | 15.86× | 16.36× | 15.82× | 18.55× |
| Effective Tax Rate | -0.11% | -0.09% | -0.09% | -0.11% | -0.15% | -0.03% |
| Cash Conversion Ratio | 0.75× | 0.90× | 2.53× | 1.67× | 0.88× | 1.01× |
| Accruals Ratio | -0.01× | -0.01× | 0.16× | 0.07× | -0.01× | 0.00× |
| CapEx Coverage | — | -1011.11× | -32.40× | -21.73× | -11.23× | 67714.00× |
| Free Cash Flow Per Share | — | $-1.03 | $-2.89 | $-1.98 | $-0.91 | $-1.23 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 60.82M | 58.44M | 54.18M | 55.70M | 46.39M | 60.23M |
| Operating Expenses | 82.77M | 78.06M | 71.28M | 73.17M | 63.10M | 75.88M |
| Operating Income (Loss) | -82.77M | -78.06M | -71.28M | -73.17M | -63.10M | -75.88M |
| Income Tax Expense (Benefit) | 79.00K | 62.00K | 61.00K | 72.00K | 83.00K | 18.00K |
| Net Income (Loss) Attributable to Parent | -74.11M | -69.39M | -65.02M | -66.10M | -55.34M | -67.22M |
| Earnings Per Share, Basic | $-1.06 | $-1.03 | $-1.11 | $-1.13 | $-0.95 | $-1.19 |
| Weighted Average Number of Shares Outstanding, Basic | 69.67M | 60.69M | 58.77M | 58.43M | 58.20M | 55.19M |
| Earnings Per Share, Diluted | $-1.06 | $-1.03 | $-1.11 | $-1.13 | $-0.95 | $-1.19 |
| Weighted Average Number of Shares Outstanding, Diluted | 69.67M | 60.69M | 58.77M | 58.43M | 58.20M | 55.19M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 451.80M | 131.55M | 107.91M | 124.19M | 106.92M | 141.79M |
| Assets, Current | 1.07B | 741.36M | 540.10M | 516.12M | 521.53M | 529.71M |
| Assets | 1.29B | 937.13M | 626.16M | 657.77M | 714.16M | 753.95M |
| Liabilities, Current | 32.95M | 27.91M | 34.05M | 31.55M | 32.96M | 28.56M |
| Liabilities | 37.86M | 33.25M | 39.82M | 38.37M | 40.80M | 37.16M |
| Common Stock, Shares, Outstanding | 74.88M | 68.40M | 59.32M | 58.56M | 58.30M | 58.06M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -55.57M | -62.69M | -164.76M | -110.51M | -48.48M | -67.71M |
| Payments to Acquire Property, Plant, and Equipment | — | 62.00K | 5.08M | 5.08M | 4.32M | -1.00K |
| Net Cash Provided by (Used in) Investing Activities | -35.35M | -288.63M | 109.05M | 91.11M | 12.98M | 46.37M |
| Net Cash Provided by (Used in) Financing Activities | 411.17M | 374.95M | 21.54M | 1.80M | 622.00K | 44.36M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (APGE CIK 0001974640),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.