Kyverna Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:25:07Z
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 2024 |
|---|---|---|---|
| Free Cash Flow | -154.53M | -117.41M | -53.81M |
| EBITDA | -168.03M | -140.47M | -60.70M |
| Working Capital | 246.47M | 256.85M | 40.80M |
| Net Debt | -119.80M | -88.38M | -25.57M |
| Return on Equity (ROE) | -69.45% | -47.82% | 459.44% |
| Return on Assets (ROA) | -54.90% | -41.84% | -80.28% |
| Current Ratio | 7.75× | 8.61× | 3.05× |
| Debt-to-Equity | 0.02× | 0.03× | -0.69× |
| Cash Conversion Ratio | 0.95× | 0.90× | 0.87× |
| Accruals Ratio | -0.03× | -0.04× | -0.11× |
| CapEx Coverage | -189.07× | -36.14× | -37.38× |
| Free Cash Flow Per Share | $-3.49 | $-3.06 | $-79.88 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2024 |
|---|---|---|---|
| P/B | 2.44× | 0.61× | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2024 |
|---|---|---|---|
| Research and Development Expense | 133.72M | 112.47M | 49.92M |
| Operating Expenses | 169.83M | 142.60M | 62.41M |
| Operating Income (Loss) | -169.83M | -142.60M | -62.41M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -161.31M | -127.48M | -60.37M |
| Earnings Per Share, Basic | $-3.64 | $-3.33 | $-89.61 |
| Weighted Average Number of Shares Outstanding, Basic | 44.26M | 38.33M | 673,622 |
| Earnings Per Share, Diluted | $-3.64 | $-3.33 | $-89.61 |
| Weighted Average Number of Shares Outstanding, Diluted | 44.26M | 38.33M | 673,622 |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2024 |
|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 124.09M | 96.62M | 34.65M |
| Assets, Current | 282.95M | 290.60M | 60.66M |
| Assets | 293.83M | 304.64M | 75.19M |
| Liabilities, Current | 36.49M | 33.76M | 19.86M |
| Liabilities | 61.55M | 38.06M | 26.02M |
| Stockholders' Equity Attributable to Parent | 232.28M | 266.59M | -13.14M |
| Common Stock, Shares, Outstanding | 60.39M | 43.21M | 1.25M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2024 |
|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -153.71M | -114.25M | -52.41M |
| Payments to Acquire Property, Plant, and Equipment | 5.00K | 2.21M | 621.00K |
| Net Cash Provided by (Used in) Investing Activities | 40.02M | -160.90M | -8.79M |
| Net Cash Provided by (Used in) Financing Activities | 141.17M | 337.11M | 58.12M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | -33.61M | -120.91M | -77.47M | -45.26M | -37.84M |
| EBITDA | -41.02M | -38.91M | — | — | -46.91M | -40.48M |
| Working Capital | 212.05M | 246.47M | 141.05M | 174.54M | 214.36M | 256.85M |
| Net Debt | -23.25M | -119.80M | -29.14M | -47.52M | -49.93M | -88.38M |
| Return on Equity (ROE) | -20.31% | -16.28% | -24.21% | -22.82% | -19.93% | -14.06% |
| Return on Assets (ROA) | -15.46% | -12.87% | -19.66% | -18.58% | -17.12% | -12.31% |
| Current Ratio | 8.15× | 7.75× | 5.16× | 5.39× | 7.44× | 8.61× |
| Debt-to-Equity | 0.05× | 0.02× | 0.03× | 0.03× | 0.03× | 0.03× |
| Cash Conversion Ratio | 1.05× | 0.89× | 3.27× | 1.83× | 1.01× | 0.99× |
| Accruals Ratio | 0.01× | -0.01× | 0.45× | 0.15× | 0.00× | -0.00× |
| CapEx Coverage | — | -399.13× | -164.86× | -126.63× | -131.72× | -47.58× |
| Free Cash Flow Per Share | — | $-0.76 | $-2.79 | $-1.79 | $-1.05 | $-0.99 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/B | 2.67× | 2.44× | 1.73× | 0.72× | 0.37× | 0.61× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 30.07M | 30.01M | 30.46M | 35.82M | 37.43M | 33.48M |
| Operating Expenses | 41.37M | 39.28M | 38.73M | 44.41M | 47.41M | 41.04M |
| Operating Income (Loss) | -41.37M | -39.28M | -38.73M | -44.41M | -47.41M | -41.04M |
| Net Income (Loss) Attributable to Parent | -39.73M | -37.80M | -36.79M | -42.08M | -44.63M | -37.49M |
| Earnings Per Share, Basic | $-0.66 | $-0.79 | $-0.85 | $-0.97 | $-1.03 | $-0.88 |
| Weighted Average Number of Shares Outstanding, Basic | 60.43M | 44.26M | 43.42M | 43.23M | 43.22M | 38.33M |
| Earnings Per Share, Diluted | $-0.66 | $-0.79 | $-0.85 | $-0.97 | $-1.03 | $-0.88 |
| Weighted Average Number of Shares Outstanding, Diluted | 60.43M | 44.26M | 43.42M | 43.23M | 43.22M | 38.33M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 32.19M | 124.09M | 34.16M | 53.44M | 56.87M | 96.62M |
| Assets, Current | 241.73M | 282.95M | 174.93M | 214.33M | 247.65M | 290.60M |
| Assets | 257.02M | 293.83M | 187.16M | 226.51M | 260.65M | 304.64M |
| Liabilities, Current | 29.67M | 36.49M | 33.87M | 39.79M | 33.29M | 33.76M |
| Liabilities | 61.44M | 61.55M | 35.21M | 42.13M | 36.65M | 38.06M |
| Stockholders' Equity Attributable to Parent | 195.58M | 232.28M | 151.95M | 184.38M | 224.01M | 266.59M |
| Common Stock, Shares, Outstanding | 60.53M | 60.39M | 43.79M | 43.24M | 43.22M | 43.21M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -41.60M | -33.53M | -120.19M | -76.86M | -44.91M | -37.06M |
| Payments to Acquire Property, Plant, and Equipment | — | -1.00K | 6.00K | 4.00K | 0 | 532.00K |
| Net Cash Provided by (Used in) Investing Activities | -50.20M | -17.29M | 57.30M | 34.74M | 5.58M | 29.22M |
| Net Cash Provided by (Used in) Financing Activities | -101.00K | 140.74M | 425.00K | -1.06M | -414.00K | -215.00K |
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 (KYTX CIK 0001994702),
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
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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.