Krystal Biotech, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:25:00Z
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 2021 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 188.91M | 119.18M | -100.60M | -153.55M | -116.27M | -40.93M |
| EBITDA | 167.02M | 71.72M | -104.61M | -141.14M | -65.51M | -31.15M |
| Working Capital | 921.66M | 640.05M | 554.82M | 354.93M | 416.53M | 259.61M |
| Net Debt | -486.96M | -337.60M | -350.23M | -152.97M | -333.22M | -264.32M |
| Operating Margin | 41.45% | 22.63% | -216.21% | — | — | — |
| Net Margin | 52.64% | 30.69% | 21.56% | — | — | — |
| Return on Equity (ROE) | 16.80% | 9.42% | 1.40% | -26.80% | -11.72% | -11.01% |
| Return on Assets (ROA) | 15.36% | 8.44% | 1.34% | -25.06% | -11.11% | -10.35% |
| Current Ratio | 9.95× | 7.28× | 17.76× | 13.30× | 17.18× | 17.80× |
| Debt-to-Equity | 0.01× | 0.01× | 0.01× | 0.02× | 0.01× | 0.01× |
| Effective Tax Rate | -8.11% | 6.50% | 15.24% | 0.00% | 0.00% | — |
| Cash Conversion Ratio | 0.98× | 1.38× | -8.12× | 0.72× | 0.69× | 0.81× |
| Accruals Ratio | 0.00× | -0.03× | 0.12× | -0.07× | -0.03× | -0.02× |
| SBC % of Revenue | 14.01% | 16.91% | 78.76% | — | — | — |
| CapEx Coverage | 16.81× | 29.12× | -7.53× | -1.90× | -0.70× | -1.76× |
| Free Cash Flow Per Share | $6.31 | $4.01 | $-3.63 | $-6.02 | $-5.24 | $-2.18 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 36.04× | 52.22× | 318.10× | — | — | — |
| P/FCF | 39.09× | 39.09× | — | — | — | — |
| FCF Yield | 2.56% | 2.56% | — | — | — | — |
| EV / EBITDA | 40.18× | 58.19× | — | — | — | — |
| P/S | 18.50× | 15.53× | 69.10× | — | — | — |
| P/B | 5.90× | 4.77× | 4.50× | 3.91× | 2.97× | 4.05× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 389.13M | 290.51M | 50.70M | 0 | 0 | — |
| Research and Development Expense | 58.05M | 53.58M | 46.43M | 42.46M | 27.88M | 17.94M |
| Selling, General and Administrative Expense | 146.74M | 113.63M | 98.29M | 77.73M | — | — |
| Operating Expenses | 227.84M | 224.77M | 160.32M | 145.20M | 68.28M | 33.00M |
| Operating Income (Loss) | 161.29M | 65.75M | -109.62M | -145.20M | -68.28M | -33.00M |
| Income Tax Expense (Benefit) | -15.36M | 6.20M | 1.97M | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | 204.83M | 89.16M | 10.93M | -139.97M | -69.57M | -32.17M |
| Earnings Per Share, Basic | $7.08 | $3.12 | $0.40 | $-5.49 | $-3.13 | $-1.71 |
| Weighted Average Number of Shares Outstanding, Basic | 28.94M | 28.59M | 27.15M | 25.49M | 22.20M | 18.79M |
| Earnings Per Share, Diluted | $6.84 | $3.00 | $0.39 | $-5.49 | $-3.13 | $-1.71 |
| Weighted Average Number of Shares Outstanding, Diluted | 29.95M | 29.74M | 27.75M | 25.49M | 22.20M | 18.79M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 496.30M | 344.87M | 358.33M | 161.90M | 341.25M | 268.27M |
| Assets, Current | 1.02B | 742.04M | 587.91M | 383.78M | 442.27M | 275.06M |
| Assets | 1.33B | 1.06B | 818.36M | 558.45M | 626.29M | 310.84M |
| Liabilities, Current | 102.94M | 102.00M | 33.09M | 28.85M | 25.74M | 15.45M |
| Liabilities | 114.23M | 109.46M | 39.71M | 36.22M | 32.72M | 18.76M |
| Stockholders' Equity Attributable to Parent | 1.22B | 946.38M | 778.64M | 522.23M | 593.58M | 292.08M |
| Common Stock, Shares, Outstanding | 29.19M | 28.79M | 28.24M | 25.76M | 25.21M | 19.71M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 200.87M | 123.42M | -88.80M | -100.57M | -47.94M | -26.08M |
| Payments to Acquire Property, Plant, and Equipment | 11.95M | 4.24M | 11.80M | 52.98M | 68.34M | 14.84M |
| Net Cash Provided by (Used in) Investing Activities | -58.42M | -163.44M | 82.64M | -114.08M | -226.77M | -11.18M |
| Net Cash Provided by (Used in) Financing Activities | 8.71M | 27.01M | 202.75M | 35.35M | 347.69M | 118.02M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 73.23M | 75.37M | 113.55M | 75.59M | 24.77M | 52.04M |
| EBITDA | 55.21M | 45.83M | 42.77M | 40.61M | 37.66M | 42.74M |
| Working Capital | 911.94M | 921.66M | 834.38M | 754.45M | 687.31M | 640.05M |
| Net Debt | -492.20M | -486.96M | -383.09M | -344.15M | -299.11M | -337.60M |
| Operating Margin | 46.14% | 41.33% | 42.30% | 40.93% | 41.11% | 45.40% |
| Net Margin | 48.07% | 47.99% | 81.15% | 39.91% | 40.52% | 49.90% |
| Return on Equity (ROE) | 4.38% | 4.21% | 6.97% | 3.68% | 3.63% | 4.81% |
| Return on Assets (ROA) | 4.00% | 3.85% | 6.40% | 3.37% | 3.33% | 4.31% |
| Current Ratio | 9.46× | 9.95× | 10.14× | 9.68× | 9.65× | 7.28× |
| Debt-to-Equity | 0.01× | 0.01× | 0.01× | 0.01× | 0.01× | 0.01× |
| Effective Tax Rate | 8.97% | -0.53% | -65.46% | 18.05% | 18.04% | 6.44% |
| Cash Conversion Ratio | 1.44× | 1.51× | 1.55× | 2.18× | 0.87× | 1.16× |
| Accruals Ratio | -0.02× | -0.02× | -0.04× | -0.04× | 0.00× | -0.01× |
| SBC % of Revenue | 11.70% | 12.85% | 41.67% | 28.73% | 15.28% | 14.65% |
| CapEx Coverage | 11.25× | 36.24× | 12.57× | 10.32× | 4.99× | 65.97× |
| Free Cash Flow Per Share | $2.40 | $2.52 | $3.81 | $2.54 | $0.83 | $1.75 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 34.53× | 35.99× | 26.43× | 27.88× | 43.24× | 52.22× |
| EV / EBITDA | 38.56× | 40.21× | 28.90× | 25.09× | 42.88× | 58.27× |
| P/S | 18.22× | 18.50× | 13.71× | 11.07× | 15.63× | 15.53× |
| P/B | 5.96× | 5.90× | 4.50× | 3.82× | 5.29× | 4.77× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 116.36M | 107.11M | 97.80M | 96.04M | 88.18M | 91.14M |
| Research and Development Expense | 15.33M | 14.79M | 14.59M | 14.41M | 14.26M | 13.53M |
| Selling, General and Administrative Expense | 41.01M | 41.45M | 37.58M | 35.16M | 32.65M | 31.29M |
| Operating Expenses | 62.67M | 62.84M | 56.43M | 56.73M | 51.93M | 49.76M |
| Operating Income (Loss) | 53.69M | 44.27M | 41.37M | 39.31M | 36.25M | 41.38M |
| Income Tax Expense (Benefit) | 5.51M | -269.00K | -31.40M | 8.44M | 7.86M | 3.13M |
| Net Income (Loss) Attributable to Parent | 55.93M | 51.40M | 79.36M | 38.33M | 35.73M | 45.48M |
| Earnings Per Share, Basic | $1.91 | $1.77 | $2.74 | $1.33 | $1.24 | $1.59 |
| Weighted Average Number of Shares Outstanding, Basic | 29.29M | 28.94M | 28.95M | 28.91M | 28.82M | 28.59M |
| Earnings Per Share, Diluted | $1.83 | $1.70 | $2.66 | $1.29 | $1.20 | $1.53 |
| Weighted Average Number of Shares Outstanding, Diluted | 30.51M | 29.95M | 29.83M | 29.75M | 29.87M | 29.74M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 501.31M | 496.30M | 392.60M | 353.83M | 308.77M | 344.87M |
| Assets, Current | 1.02B | 1.02B | 925.65M | 841.35M | 766.80M | 742.04M |
| Assets | 1.40B | 1.33B | 1.24B | 1.14B | 1.07B | 1.06B |
| Liabilities, Current | 107.80M | 102.94M | 91.27M | 86.90M | 79.49M | 102.00M |
| Liabilities | 120.24M | 114.23M | 102.22M | 97.75M | 89.74M | 109.46M |
| Stockholders' Equity Attributable to Parent | 1.28B | 1.22B | 1.14B | 1.04B | 984.67M | 946.38M |
| Common Stock, Shares, Outstanding | 29.44M | 29.19M | 28.98M | 28.93M | 28.90M | 28.79M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 80.38M | 77.51M | 123.36M | 83.70M | 30.97M | 52.84M |
| Payments to Acquire Property, Plant, and Equipment | 7.15M | 2.14M | 9.81M | 8.11M | 6.20M | 801.00K |
| Net Cash Provided by (Used in) Investing Activities | -63.58M | 11.16M | -69.58M | -65.29M | -54.77M | -83.78M |
| Net Cash Provided by (Used in) Financing Activities | -10.46M | 15.67M | -6.96M | -10.67M | -12.47M | 2.43M |
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 (KRYS CIK 0001711279),
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.