Dyne Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:52:10Z
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 | -405.13M | -294.75M | -188.89M | -156.71M | -123.18M | -47.67M |
| EBITDA | -466.13M | -342.21M | -240.49M | -169.28M | -148.94M | -57.95M |
| Working Capital | 1.08B | 617.02M | 78.28M | 237.51M | 353.67M | 338.12M |
| Net Debt | -724.17M | -411.46M | -94.21M | -141.66M | -168.19M | -300.85M |
| Return on Equity (ROE) | -45.90% | -50.40% | -258.44% | -66.61% | -40.55% | -17.36% |
| Return on Assets (ROA) | -37.59% | -45.92% | -142.92% | -54.88% | -35.07% | -16.82% |
| Current Ratio | 22.25× | 15.60× | 2.53× | 9.46× | 13.31× | 31.83× |
| Debt-to-Equity | 0.17× | 0.04× | 0.30× | 0.12× | 0.09× | 0.00× |
| Cash Conversion Ratio | 0.90× | 0.92× | 0.80× | 0.91× | 0.80× | 0.78× |
| Accruals Ratio | -0.04× | -0.04× | -0.29× | -0.05× | -0.07× | -0.04× |
| CapEx Coverage | -210.00× | -123.05× | -258.10× | -50.10× | -33.05× | -40.06× |
| Free Cash Flow Per Share | $-3.15 | $-3.13 | $-3.16 | $-3.01 | $-2.42 | $-3.31 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/B | 3.32× | 3.83× | 8.96× | 2.56× | 1.67× | 2.76× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 398.33M | 281.41M | 210.76M | 142.76M | 121.31M | 45.20M |
| Operating Expenses | 468.18M | 343.89M | 242.16M | 170.96M | 150.03M | 58.65M |
| Operating Income (Loss) | -468.18M | -343.89M | -242.16M | -170.96M | -150.03M | -58.65M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | — | — | — |
| Net Income (Loss) Attributable to Parent | -446.21M | -317.42M | -235.94M | -168.10M | -149.29M | -59.44M |
| Earnings Per Share, Basic | $-3.47 | $-3.37 | $-3.95 | $-3.23 | $-2.93 | — |
| Earnings Per Share, Diluted | $-3.47 | $-3.37 | $-3.95 | $-3.23 | $-2.93 | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 893.37M | 435.45M | 121.63M | 172.15M | 200.82M | 300.85M |
| Assets, Current | 1.13B | 659.28M | 129.38M | 265.59M | 382.39M | 349.09M |
| Assets | 1.19B | 691.23M | 165.08M | 306.32M | 425.66M | 353.33M |
| Long-term Debt | 148.92M | 0 | — | — | — | — |
| Liabilities, Current | 50.63M | 42.26M | 51.09M | 28.09M | 28.72M | 10.97M |
| Liabilities | 214.83M | 61.40M | 73.79M | 53.96M | 57.47M | 10.97M |
| Stockholders' Equity Attributable to Parent | 972.13M | 629.84M | 91.29M | 252.36M | 368.20M | 342.37M |
| Common Stock, Shares, Outstanding | 164.95M | 102.32M | 61.47M | 55.64M | 51.57M | 45.08M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -403.21M | -292.37M | -188.16M | -153.65M | -119.56M | -46.51M |
| Payments to Acquire Property, Plant, and Equipment | 1.92M | 2.38M | 729.00K | 3.07M | 3.62M | 1.16M |
| Net Cash Provided by (Used in) Investing Activities | -28.75M | -204.08M | 83.31M | 87.20M | -137.89M | -45.66M |
| Net Cash Provided by (Used in) Financing Activities | 890.31M | 809.89M | 54.32M | 37.39M | 157.82M | 380.69M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -145.14M | -112.32M | -292.81M | -201.64M | -106.87M | -85.41M |
| EBITDA | -124.73M | -115.61M | -113.39M | -115.29M | -121.87M | -96.66M |
| Working Capital | 969.78M | 1.08B | 746.41M | 656.48M | 655.62M | 617.02M |
| Net Debt | -584.42M | -724.17M | -453.14M | -363.96M | -448.93M | -411.46M |
| Return on Equity (ROE) | -13.97% | -11.52% | -15.62% | -19.40% | -17.24% | -14.22% |
| Return on Assets (ROA) | -11.19% | -9.43% | -12.46% | -15.21% | -16.00% | -12.95% |
| Current Ratio | 19.92× | 22.25× | 13.47× | 16.83× | 20.35× | 15.60× |
| Debt-to-Equity | 0.20× | 0.17× | 0.17× | 0.21× | 0.03× | 0.04× |
| Cash Conversion Ratio | 1.20× | 1.00× | 2.70× | 1.81× | 0.92× | 0.94× |
| Accruals Ratio | 0.02× | -0.00× | 0.21× | 0.12× | -0.01× | -0.01× |
| CapEx Coverage | -655.76× | -231.06× | -202.91× | -192.70× | -107.94× | -78.45× |
| Free Cash Flow Per Share | $-0.88 | $-0.73 | $-2.06 | $-1.76 | $-0.97 | $-0.84 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/B | 3.46× | 3.32× | 2.61× | 1.90× | 1.78× | 3.83× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 100.89M | 95.43M | 97.22M | 99.24M | 106.45M | 81.81M |
| Operating Expenses | 125.28M | 116.13M | 113.89M | 115.79M | 122.37M | 97.11M |
| Operating Income (Loss) | -125.28M | -116.13M | -113.89M | -115.79M | -122.37M | -97.11M |
| Net Income (Loss) Attributable to Parent | -120.85M | -111.95M | -108.04M | -110.86M | -115.36M | -89.54M |
| Earnings Per Share, Basic | $-0.73 | $-0.73 | $-0.76 | $-0.97 | $-1.05 | $-0.88 |
| Earnings Per Share, Diluted | $-0.73 | $-0.73 | $-0.76 | $-0.97 | $-1.05 | $-0.88 |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 753.10M | 893.37M | 573.61M | 485.04M | 472.25M | 435.45M |
| Assets, Current | 1.02B | 1.13B | 806.26M | 697.95M | 689.50M | 659.28M |
| Assets | 1.08B | 1.19B | 867.06M | 728.99M | 721.07M | 691.23M |
| Long-term Debt | 149.38M | 148.92M | 99.15M | 98.81M | — | 0 |
| Liabilities, Current | 51.25M | 50.63M | 59.85M | 41.47M | 33.88M | 42.26M |
| Liabilities | 214.90M | 214.83M | 175.28M | 157.55M | 52.10M | 61.40M |
| Stockholders' Equity Attributable to Parent | 865.05M | 972.13M | 691.78M | 571.45M | 668.97M | 629.84M |
| Common Stock, Shares, Outstanding | 165.20M | 164.95M | 142.61M | 114.34M | 113.63M | 102.32M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -144.92M | -111.83M | -291.38M | -200.60M | -105.89M | -84.33M |
| Payments to Acquire Property, Plant, and Equipment | 221.00K | 484.00K | 1.44M | 1.04M | 981.00K | 1.07M |
| Net Cash Provided by (Used in) Investing Activities | -2.39M | 982.00K | -29.73M | 8.23M | 1.46M | -16.01M |
| Net Cash Provided by (Used in) Financing Activities | 7.06M | 430.96M | 459.34M | 242.01M | 141.24M | 3.64M |
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 (DYN CIK 0001818794),
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.