Lexeo Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:29:25Z
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 2023 |
|---|---|---|---|---|
| Free Cash Flow | -99.49M | -82.04M | -60.04M | -55.40M |
| EBITDA | -108.99M | -105.46M | -68.24M | -60.39M |
| Working Capital | 171.58M | 103.28M | 107.06M | 65.70M |
| Net Debt | -55.11M | -25.09M | -109.83M | -63.85M |
| Operating Margin | — | — | — | -9252.14% |
| Net Margin | — | — | — | -9063.76% |
| Return on Equity (ROE) | -40.54% | -84.16% | -58.48% | 52.48% |
| Return on Assets (ROA) | -37.22% | -66.92% | -47.49% | -61.06% |
| Current Ratio | 11.21× | 5.52× | 7.21× | 5.58× |
| Debt-to-Equity | 0.03× | 0.08× | 0.10× | -0.12× |
| Effective Tax Rate | 0.00% | 0.00% | — | — |
| Cash Conversion Ratio | 0.99× | 0.83× | 0.90× | 0.92× |
| Accruals Ratio | -0.01× | -0.12× | -0.05× | -0.05× |
| SBC % of Revenue | — | — | — | 272.32% |
| CapEx Coverage | -105.98× | -91.08× | -110.18× | -65.34× |
| Free Cash Flow Per Share | $-1.85 | $-2.58 | $-11.21 | $-33.98 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 |
|---|---|---|---|---|
| P/B | 2.94× | 1.86× | 3.15× | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 |
|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | — | 654.00K |
| Research and Development Expense | 63.80M | 74.09M | 53.13M | 49.16M |
| Operating Expenses | 109.26M | 105.77M | 68.51M | 61.16M |
| Operating Income (Loss) | -109.26M | -105.77M | -68.51M | -60.51M |
| Income Tax Expense (Benefit) | 0 | 0 | — | — |
| Net Income (Loss) Attributable to Parent | -100.00M | -98.33M | -66.39M | -59.28M |
| Earnings Per Share, Basic | $-1.86 | $-3.09 | $-12.40 | $-36.36 |
| Weighted Average Number of Shares Outstanding, Basic | 53.65M | 31.79M | 5.35M | 1.63M |
| Earnings Per Share, Diluted | $-1.86 | $-3.09 | $-12.40 | $-36.36 |
| Weighted Average Number of Shares Outstanding, Diluted | 53.65M | 31.79M | 5.35M | 1.63M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 |
|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 63.00M | 35.01M | 121.47M | 77.33M |
| Assets, Current | 188.39M | 126.12M | 124.29M | 80.05M |
| Assets | 268.69M | 146.94M | 139.81M | 97.08M |
| Liabilities, Current | 16.81M | 22.85M | 17.24M | 14.35M |
| Liabilities | 22.02M | 30.10M | 26.27M | 25.00M |
| Stockholders' Equity Attributable to Parent | 246.67M | 116.84M | 113.53M | -112.95M |
| Common Stock, Shares, Outstanding | 73.00M | 33.07M | 26.65M | 1.61M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 |
|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -98.56M | -81.15M | -59.50M | -54.56M |
| Payments to Acquire Property, Plant, and Equipment | 397.00K | 481.00K | 115.00K | 672.00K |
| Net Cash Provided by (Used in) Investing Activities | -90.25M | -94.08M | -165.00K | -901.00K |
| Net Cash Provided by (Used in) Financing Activities | 216.79M | 88.78M | 103.79M | 189.00K |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -21.30M | -20.25M | -78.96M | -49.16M | — | -28.44M |
| EBITDA | -22.26M | -23.04M | — | — | -33.74M | -27.31M |
| Working Capital | 186.67M | 171.58M | 110.52M | 108.47M | 74.45M | 103.28M |
| Net Debt | -64.40M | -55.11M | -32.54M | -26.57M | -19.51M | -25.09M |
| Return on Equity (ROE) | -8.72% | -8.50% | -16.79% | -18.89% | -37.06% | -22.19% |
| Return on Assets (ROA) | -8.07% | -7.80% | -14.10% | -14.83% | -25.98% | -17.64% |
| Current Ratio | 14.16× | 11.21× | 7.40× | 4.43× | 3.42× | 5.52× |
| Debt-to-Equity | 0.03× | 0.03× | 0.07× | 0.06× | 0.11× | 0.08× |
| Cash Conversion Ratio | 1.05× | 0.96× | 3.87× | 1.87× | 0.67× | 1.09× |
| Accruals Ratio | 0.00× | -0.00× | 0.40× | 0.13× | -0.09× | 0.02× |
| CapEx Coverage | -135.54× | -118.81× | -163.50× | -212.76× | — | -244.19× |
| Free Cash Flow Per Share | $-0.26 | $-0.38 | $-1.29 | $-1.13 | — | $-0.89 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/B | 1.84× | 2.94× | 3.02× | 1.57× | 1.31× | 1.86× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 15.70M | 16.21M | 15.70M | 14.72M | 17.17M | 18.37M |
| Operating Expenses | 22.33M | 23.12M | 21.65M | 30.69M | 33.80M | 27.38M |
| Operating Income (Loss) | -22.33M | -23.12M | -21.65M | -30.69M | -33.80M | -27.38M |
| Net Income (Loss) Attributable to Parent | -20.20M | -20.96M | -20.28M | -26.10M | -32.66M | -25.92M |
| Earnings Per Share, Basic | $-0.25 | $-0.14 | $-0.33 | $-0.60 | $-0.99 | $-0.78 |
| Weighted Average Number of Shares Outstanding, Basic | 81.18M | 53.65M | 60.98M | 43.57M | 33.11M | 31.79M |
| Earnings Per Share, Diluted | $-0.25 | $-0.14 | $-0.33 | $-0.60 | $-0.99 | $-0.78 |
| Weighted Average Number of Shares Outstanding, Diluted | 81.18M | 53.65M | 60.98M | 43.57M | 33.11M | 31.79M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 71.77M | 63.00M | 41.00M | 35.48M | 28.91M | 35.01M |
| Assets, Current | 200.86M | 188.39M | 127.79M | 140.06M | 105.27M | 126.12M |
| Assets | 250.36M | 268.69M | 143.84M | 176.07M | 125.69M | 146.94M |
| Liabilities, Current | 14.19M | 16.81M | 17.27M | 31.59M | 30.82M | 22.85M |
| Liabilities | 18.86M | 22.02M | 23.01M | 37.85M | 37.58M | 30.10M |
| Stockholders' Equity Attributable to Parent | 231.50M | 246.67M | 120.83M | 138.22M | 88.11M | 116.84M |
| Common Stock, Shares, Outstanding | 74.09M | 73.00M | 54.93M | 54.00M | 33.19M | 33.07M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -21.14M | -20.08M | -78.48M | -48.94M | -21.72M | -28.33M |
| Payments to Acquire Property, Plant, and Equipment | 35.00K | 0 | 397.00K | 108.00K | — | 0 |
| Net Cash Provided by (Used in) Investing Activities | 27.46M | -101.69M | 11.44M | -23.57M | 15.60M | -93.58M |
| Net Cash Provided by (Used in) Financing Activities | 2.45M | 143.77M | 73.02M | 72.97M | 11.00K | -97.00K |
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 (LXEO CIK 0001907108),
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.