Crinetics Pharmaceuticals, Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:44:29Z
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 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -383.68M | -234.04M | -173.29M | -116.86M | -89.02M | -62.21M |
| EBITDA | -512.87M | -336.05M | -221.51M | -166.90M | -106.78M | -74.00M |
| Working Capital | 963.27M | 1.32B | 530.21M | 317.46M | 328.73M | 167.00M |
| Net Debt | -52.99M | -212.82M | -3.17M | -29.60M | -196.68M | -88.24M |
| Gross Margin | 86.02% | 100.00% | 100.00% | — | — | — |
| Operating Margin | -6714.77% | -32613.47% | -5547.17% | — | — | -105567.61% |
| Net Margin | -6046.22% | -28720.69% | -5345.85% | — | — | -103960.56% |
| Return on Equity (ROE) | -46.90% | -22.52% | -39.79% | -51.82% | -32.43% | -43.70% |
| Return on Assets (ROA) | -41.32% | -20.80% | -33.77% | -46.54% | -30.67% | -40.24% |
| Current Ratio | 12.32× | 23.04× | 13.07× | 12.45× | 21.55× | 16.92× |
| Debt-to-Equity | 0.05× | 0.04× | 0.10× | 0.01× | 0.01× | 0.03× |
| Effective Tax Rate | -0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Cash Conversion Ratio | 0.81× | 0.77× | 0.79× | 0.70× | 0.82× | 0.84× |
| Accruals Ratio | -0.08× | -0.05× | -0.07× | -0.14× | -0.05× | -0.06× |
| SBC % of Revenue | 1182.74% | 6678.15% | 1020.11% | — | — | 14685.92% |
| CapEx Coverage | -65.59× | -59.88× | -35.96× | -69.57× | -203.18× | -333.48× |
| Free Cash Flow Per Share | $-4.08 | $-2.90 | $-2.98 | $-2.25 | $-2.32 | $-2.04 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 7.70M | 1.04M | 4.01M | 0 | 0 | 71.00K |
| Revenues | — | 1.04M | 4.01M | 4.74M | 1.08M | 71.00K |
| Cost of Revenue | 1.08M | 0 | 0 | — | — | — |
| Research and Development Expense | 332.06M | 240.16M | 168.53M | 130.22M | 84.25M | 57.00M |
| Selling, General and Administrative Expense | 191.33M | 99.74M | 58.09M | — | — | — |
| Operating Expenses | — | 339.89M | 226.62M | 172.62M | 108.78M | 75.02M |
| Operating Income (Loss) | -516.77M | -338.85M | -222.61M | -167.88M | -107.70M | -74.95M |
| Income Tax Expense (Benefit) | 180.00K | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -465.32M | -298.41M | -214.53M | -163.92M | -107.64M | -73.81M |
| Earnings Per Share, Basic | $-4.95 | $-3.69 | $-3.69 | $-3.15 | $-2.80 | $-2.42 |
| Weighted Average Number of Shares Outstanding, Basic | 94.06M | 80.78M | 58.07M | 51.98M | 38.44M | 30.45M |
| Earnings Per Share, Diluted | $-4.95 | $-3.69 | $-3.69 | $-3.15 | $-2.80 | $-2.42 |
| Weighted Average Number of Shares Outstanding, Diluted | 94.06M | 80.78M | 58.07M | 51.98M | 38.44M | 30.45M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 101.54M | 264.55M | 54.90M | 32.67M | 200.69M | 93.09M |
| Assets, Current | 1.05B | 1.38B | 574.15M | 345.18M | 344.72M | 177.49M |
| Assets | 1.13B | 1.43B | 635.35M | 352.18M | 351.01M | 183.44M |
| Liabilities, Current | 85.07M | 59.68M | 43.94M | 27.72M | 15.99M | 10.49M |
| Liabilities | 134.17M | 109.79M | 96.25M | 35.85M | 19.07M | 14.53M |
| Stockholders' Equity Attributable to Parent | 992.08M | 1.32B | 539.11M | 316.33M | 331.94M | 168.92M |
| Common Stock, Shares, Outstanding | 95.58M | 92.93M | 68.17M | 53.88M | 47.60M | 33.00M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -377.92M | -230.19M | -168.60M | -115.20M | -88.59M | -62.03M |
| Payments to Acquire Property, Plant, and Equipment | 5.76M | 3.84M | 4.69M | 1.66M | 436.00K | 186.00K |
| Net Cash Provided by (Used in) Investing Activities | 173.91M | -574.82M | -200.41M | -173.98M | -56.48M | 217.00K |
| Net Cash Provided by (Used in) Financing Activities | 40.61M | 1.01B | 391.24M | 121.96M | 252.68M | 114.57M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -125.52M | -93.36M | -290.32M | -178.74M | -89.69M | -67.90M |
| EBITDA | -139.22M | -132.67M | — | — | -110.48M | -93.96M |
| Working Capital | 1.25B | 963.27M | 1.05B | 1.15B | 1.23B | 1.32B |
| Net Debt | -66.49M | -52.99M | -61.76M | -3.79M | -43.75M | -212.82M |
| Gross Margin | 98.14% | — | — | — | 100.00% | — |
| Operating Margin | -1307.79% | -2169.55% | -99710.49% | -12522.99% | -30860.11% | — |
| Net Margin | -1191.03% | -1993.43% | -90972.73% | -11216.00% | -26807.20% | — |
| Return on Equity (ROE) | -9.98% | -12.38% | -12.13% | -9.87% | -7.72% | -6.08% |
| Return on Assets (ROA) | -9.12% | -10.90% | -10.88% | -8.97% | -7.11% | -5.62% |
| Current Ratio | 18.60× | 12.32× | 15.12× | 17.80× | 22.53× | 23.04× |
| Debt-to-Equity | 0.04× | 0.05× | 0.05× | 0.04× | 0.04× | 0.04× |
| Cash Conversion Ratio | 0.98× | 0.76× | 2.19× | 1.51× | 0.91× | 0.83× |
| Accruals Ratio | -0.00× | -0.03× | 0.13× | 0.05× | -0.01× | -0.01× |
| SBC % of Revenue | 276.50% | 352.54% | 48464.34% | 4520.08% | 5672.58% | — |
| CapEx Coverage | -152.08× | -202.84× | -53.74× | -39.25× | -71.39× | -64.99× |
| Free Cash Flow Per Share | $-1.21 | $-0.99 | $-3.08 | $-1.91 | $-0.96 | $-0.84 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 10.73M | 6.16M | 143.00K | 1.03M | 361.00K | 0 |
| Revenues | — | — | — | 1.03M | 361.00K | — |
| Cost of Revenue | 200.00K | — | — | — | 0 | — |
| Research and Development Expense | 100.08M | 85.05M | 90.46M | 80.30M | 76.24M | 66.57M |
| Selling, General and Administrative Expense | — | — | — | 49.84M | 35.53M | — |
| Operating Expenses | — | — | 142.73M | 130.14M | 111.77M | 94.75M |
| Operating Income (Loss) | -140.38M | -133.67M | -142.59M | -129.11M | -111.41M | -94.75M |
| Net Income (Loss) Attributable to Parent | -127.84M | -122.81M | -130.09M | -115.64M | -96.77M | -80.59M |
| Earnings Per Share, Basic | $-1.23 | $-1.29 | $-1.38 | $-1.23 | $-1.04 | $-0.87 |
| Weighted Average Number of Shares Outstanding, Basic | 104.10M | 94.06M | 94.22M | 93.79M | 93.10M | 80.78M |
| Earnings Per Share, Diluted | $-1.23 | $-1.29 | $-1.38 | $-1.23 | $-1.04 | $-0.87 |
| Weighted Average Number of Shares Outstanding, Diluted | 104.10M | 94.06M | 94.22M | 93.79M | 93.10M | 80.78M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 114.34M | 101.54M | 110.90M | 53.73M | 94.57M | 264.55M |
| Assets, Current | 1.32B | 1.05B | 1.12B | 1.22B | 1.29B | 1.38B |
| Assets | 1.40B | 1.13B | 1.20B | 1.29B | 1.36B | 1.43B |
| Liabilities, Current | 71.09M | 85.07M | 74.16M | 68.40M | 57.31M | 59.68M |
| Liabilities | 120.68M | 134.17M | 123.86M | 118.05M | 107.33M | 109.79M |
| Stockholders' Equity Attributable to Parent | 1.28B | 992.08M | 1.07B | 1.17B | 1.25B | 1.32B |
| Common Stock, Shares, Outstanding | 105.31M | 95.58M | 94.55M | 94.13M | 93.53M | 92.93M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -124.70M | -92.90M | -285.02M | -174.30M | -88.45M | -66.87M |
| Payments to Acquire Property, Plant, and Equipment | 820.00K | 458.00K | 5.30M | 4.44M | 1.24M | 1.03M |
| Net Cash Provided by (Used in) Investing Activities | -252.36M | 57.11M | 116.80M | -48.01M | -85.96M | -542.09M |
| Net Cash Provided by (Used in) Financing Activities | 389.88M | 26.04M | 14.58M | 11.49M | 4.44M | 556.24M |
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 (CRNX CIK 0001658247),
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concepts onto different statements in their own extension
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statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
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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.