Dianthus Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:50:42Z
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 | -129.27M | -78.28M | -36.97M | -29.38M | -60.80M | -64.42M |
| EBITDA | -177.82M | -101.77M | -48.11M | -27.78M | -72.67M | -76.72M |
| Working Capital | 378.71M | 262.45M | 167.82M | 73.81M | 169.83M | 140.10M |
| Net Debt | -49.70M | -21.30M | -131.74M | 14.60M | -131.65M | — |
| Operating Margin | -8739.34% | -1633.74% | -1704.67% | — | — | — |
| Net Margin | -7973.33% | -1362.77% | -1541.22% | — | — | — |
| Return on Equity (ROE) | -32.90% | -24.11% | -25.79% | 64.18% | 412.41% | -52.07% |
| Return on Assets (ROA) | -30.58% | -22.72% | -24.28% | -34.26% | -37.45% | -46.37% |
| Current Ratio | 13.32× | 15.22× | 18.43× | 9.97× | 16.63× | 13.26× |
| Debt-to-Equity | 0.00× | 0.00× | 0.00× | -0.68× | 0.00× | — |
| Cash Conversion Ratio | 0.80× | 0.92× | 0.85× | 1.02× | 0.84× | 0.85× |
| Accruals Ratio | -0.06× | -0.02× | -0.04× | 0.01× | -0.06× | -0.07× |
| SBC % of Revenue | 1119.50% | 206.80% | 102.62% | — | — | — |
| CapEx Coverage | -605.92× | -744.57× | -335.10× | -92.58× | -47.10× | -160.06× |
| Free Cash Flow Per Share | $-3.35 | $-2.35 | $-7.17 | $-33.61 | $-1.11 | $-1.47 |
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 | 2.04M | 6.24M | 2.83M | — | — | — |
| Revenues | 2.04M | 6.24M | 2.83M | — | — | — |
| Research and Development Expense | 145.64M | 83.11M | 32.84M | 29.38M | 46.77M | 50.62M |
| Operating Expenses | 179.97M | 108.10M | 51.00M | 36.12M | 74.69M | 78.70M |
| Operating Income (Loss) | -177.93M | -101.86M | -48.17M | -29.70M | -74.69M | -78.70M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -162.34M | -84.97M | -43.55M | -28.48M | -71.14M | -74.94M |
| Earnings Per Share, Basic | $-4.20 | $-2.55 | $-8.45 | $-32.57 | $-1.29 | $-1.71 |
| Weighted Average Number of Shares Outstanding, Basic | 38.62M | 33.31M | 5.15M | 874,234 | 54.95M | 43.92M |
| Earnings Per Share, Diluted | $-4.20 | $-2.55 | $-8.45 | $-32.57 | $-1.29 | $-1.71 |
| Weighted Average Number of Shares Outstanding, Diluted | 38.62M | 33.31M | 5.15M | 874,234 | 54.95M | 43.92M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 51.09M | 22.79M | 132.32M | 15.37M | 131.65M | 58.15M |
| Assets, Current | 409.44M | 280.90M | 177.45M | 82.03M | 180.69M | 151.53M |
| Assets | 530.92M | 374.01M | 179.41M | 83.11M | 189.93M | 161.62M |
| Liabilities, Current | 30.73M | 18.45M | 9.63M | 8.22M | 10.86M | 11.43M |
| Liabilities | 37.52M | 21.53M | 10.54M | 9.45M | 17.26M | 17.71M |
| Stockholders' Equity Attributable to Parent | 493.40M | 352.48M | 168.87M | -44.37M | -17.25M | 143.91M |
| Common Stock, Shares, Outstanding | 43.22M | 31.12M | 14.82M | 875,279 | 58.80M | 48.53M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -129.06M | -78.18M | -36.86M | -29.07M | -59.53M | -64.02M |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | 314.00K | 1.26M | 400.00K |
| Net Cash Provided by (Used in) Investing Activities | -122.83M | -286.81M | 20.25M | -59.82M | 43.43M | -10.63M |
| Net Cash Provided by (Used in) Financing Activities | 280.13M | 255.62M | 133.57M | 96.68M | 89.60M | 67.74M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -28.87M | -47.12M | -82.15M | -51.59M | -27.65M | -27.48M |
| EBITDA | -46.50M | -69.51M | -40.26M | -34.90M | -33.15M | -31.89M |
| Working Capital | 1.08B | 378.71M | 389.97M | 243.51M | 254.05M | 262.45M |
| Net Debt | -626.30M | -49.70M | -54.70M | -11.91M | -8.72M | -21.30M |
| Operating Margin | — | -24486.27% | -10173.74% | -18096.89% | -2852.71% | -2406.94% |
| Net Margin | — | -22687.32% | -9284.09% | -16388.08% | -2537.49% | -2144.80% |
| Return on Equity (ROE) | -3.40% | -13.06% | -6.73% | -10.44% | -8.98% | -8.07% |
| Return on Assets (ROA) | -3.27% | -12.14% | -6.37% | -9.70% | -8.47% | -7.60% |
| Current Ratio | 29.25× | 13.32× | 17.35× | 13.12× | 15.99× | 15.22× |
| Debt-to-Equity | 0.00× | 0.00× | 0.00× | 0.00× | 0.00× | 0.00× |
| Cash Conversion Ratio | 0.71× | 0.73× | 2.23× | 1.63× | 0.94× | 0.96× |
| Accruals Ratio | -0.01× | -0.03× | 0.08× | 0.06× | -0.01× | -0.00× |
| SBC % of Revenue | — | 2104.93% | 4246.21% | 5710.36% | 457.01% | 295.48% |
| CapEx Coverage | -2885.60× | -340.46× | -1094.36× | -736.03× | -1151.25× | -885.29× |
| Free Cash Flow Per Share | $-0.60 | $-1.22 | $-2.17 | $-1.44 | $-0.77 | $-0.82 |
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 | — | 284.00K | 396.00K | 193.00K | 1.16M | 1.33M |
| Revenues | — | 284.00K | 396.00K | 193.00K | 1.16M | 1.33M |
| Research and Development Expense | 34.53M | 59.90M | 32.49M | 26.25M | 27.00M | 26.41M |
| Operating Expenses | 47.00M | 69.83M | 40.68M | 35.12M | 34.34M | 33.24M |
| Operating Income (Loss) | -46.53M | -69.54M | -40.29M | -34.93M | -33.18M | -31.92M |
| Net Income (Loss) Attributable to Parent | -40.83M | -64.43M | -36.77M | -31.63M | -29.51M | -28.44M |
| Earnings Per Share, Basic | $-0.85 | $-1.52 | $-0.97 | $-0.88 | $-0.82 | $-0.82 |
| Weighted Average Number of Shares Outstanding, Basic | 48.03M | 38.62M | 37.79M | 35.82M | 35.79M | 33.31M |
| Earnings Per Share, Diluted | $-0.85 | $-1.52 | $-0.97 | $-0.88 | $-0.82 | $-0.82 |
| Weighted Average Number of Shares Outstanding, Diluted | 48.03M | 38.62M | 37.79M | 35.82M | 35.79M | 33.31M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 627.67M | 51.09M | 55.98M | 13.24M | 10.12M | 22.79M |
| Assets, Current | 1.12B | 409.44M | 413.82M | 263.61M | 271.00M | 280.90M |
| Assets | 1.25B | 530.92M | 577.45M | 326.08M | 348.58M | 374.01M |
| Liabilities, Current | 38.28M | 30.73M | 23.86M | 20.09M | 16.95M | 18.45M |
| Liabilities | 45.57M | 37.52M | 30.99M | 23.00M | 19.97M | 21.53M |
| Stockholders' Equity Attributable to Parent | 1.20B | 493.40M | 546.45M | 303.08M | 328.61M | 352.48M |
| Common Stock, Shares, Outstanding | 54.58M | 43.22M | 42.85M | 32.18M | 32.13M | 31.12M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -28.86M | -46.98M | -82.08M | -51.52M | -27.63M | -27.44M |
| Net Cash Provided by (Used in) Investing Activities | -133.97M | 37.20M | -160.04M | 41.24M | 14.79M | -23.11M |
| Net Cash Provided by (Used in) Financing Activities | 739.41M | 4.88M | 275.24M | 729.00K | 161.00K | 39.68M |
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 (DNTH CIK 0001690585),
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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.