Quince Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:53:57Z
Custom taxonomy namespace:
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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 | -41.78M | -32.16M | -18.46M | -44.22M | -63.11M | -50.90M |
| EBITDA | -57.93M | -57.10M | -34.30M | -51.81M | -89.97M | -78.56M |
| Working Capital | -20.33M | 36.76M | 67.87M | 90.68M | 97.45M | 120.87M |
| Net Debt | 12.66M | 8.60M | -61.29M | -40.22M | -28.29M | -133.35M |
| Return on Equity (ROE) | 235.14% | -188.51% | -36.89% | -51.36% | -75.85% | -44.61% |
| Return on Assets (ROA) | -89.80% | -49.64% | -18.69% | -49.72% | -67.51% | -40.56% |
| Current Ratio | 0.53× | 6.05× | 8.09× | 30.55× | 7.85× | 8.11× |
| Debt-to-Equity | -0.52× | 0.49× | 0.16× | 0.00× | 0.01× | 0.00× |
| Effective Tax Rate | -3.98% | -0.15% | 0.62% | 0.55% | 0.00% | 0.00% |
| Cash Conversion Ratio | 0.49× | 0.56× | 0.58× | 0.85× | 0.70× | 0.66× |
| Accruals Ratio | -0.46× | -0.22× | -0.08× | -0.07× | -0.20× | -0.14× |
| CapEx Coverage | -117.68× | -124.14× | -110.19× | -241.97× | -349.62× | -590.91× |
| Free Cash Flow Per Share | $-0.83 | $-0.74 | $-0.50 | $-1.32 | $-2.12 | $-1.74 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 35.38M | 18.59M | 9.45M | 25.18M | 60.80M | 61.31M |
| Operating Expenses | 58.07M | 57.28M | 34.62M | 52.02M | 90.32M | 78.89M |
| Operating Income (Loss) | -58.07M | -57.28M | -34.62M | -52.02M | -90.32M | -78.89M |
| Income Tax Expense (Benefit) | 3.21M | 87.00K | -197.00K | -284.00K | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -83.98M | -56.83M | -31.39M | -51.66M | -89.94M | -76.85M |
| Earnings Per Share, Basic | $-1.68 | $-1.31 | $-0.84 | $-1.54 | $-3.03 | — |
| Weighted Average Number of Shares Outstanding, Basic | 50.10M | 43.26M | 37.24M | 33.50M | 29.72M | — |
| Earnings Per Share, Diluted | $-1.68 | $-1.31 | $-0.84 | $-1.54 | $-3.03 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 50.10M | 43.26M | 37.24M | 33.50M | 29.72M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 5.81M | 6.21M | — | 40.59M | 29.45M | — |
| Assets, Current | 22.90M | 44.04M | 77.44M | 93.75M | 111.67M | 137.86M |
| Assets | 93.52M | 114.48M | 167.90M | 103.91M | 133.23M | 189.47M |
| Long-term Debt | 0 | 14.32M | 13.43M | 0 | — | — |
| Liabilities, Current | 43.23M | 7.28M | 9.57M | 3.07M | 14.22M | 17.00M |
| Liabilities | 129.24M | 84.33M | 82.82M | 3.32M | 14.64M | 17.20M |
| Stockholders' Equity Attributable to Parent | -35.71M | 30.15M | 85.08M | 100.59M | 118.59M | 172.26M |
| Common Stock, Shares, Outstanding | 5.57M | 44.00M | 42.97M | 36.14M | 30.07M | 29.54M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -41.42M | -31.90M | -18.29M | -44.04M | -62.93M | -50.82M |
| Payments to Acquire Property, Plant, and Equipment | 352.00K | 257.00K | 160.00K | 133.00K | 180.00K | 52.00K |
| Net Cash Provided by (Used in) Investing Activities | 23.23M | 21.91M | -5.76M | 18.00M | 58.95M | -52.43M |
| Net Cash Provided by (Used in) Financing Activities | 17.91M | -4.78M | 143.00K | 707.00K | 6.81M | 118.88M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -7.63M | -10.48M | -31.29M | -21.29M | -9.75M | -7.68M |
| EBITDA | -14.55M | -19.31M | — | — | -14.83M | -12.00M |
| Working Capital | 16.81M | -20.33M | 3.16M | 29.88M | 25.47M | 36.76M |
| Net Debt | -17.76M | 12.66M | 11.54M | 662.00K | 7.98M | 8.60M |
| Return on Equity (ROE) | 229.15% | 110.48% | -1269.31% | -136.75% | -80.89% | -41.33% |
| Return on Assets (ROA) | 134.89% | -42.19% | -12.23% | -13.69% | -14.04% | -10.88% |
| Current Ratio | 2.92× | 0.53× | 1.12× | 5.00× | 4.05× | 6.05× |
| Debt-to-Equity | 0.03× | -0.52× | 16.99× | 1.49× | 0.85× | 0.49× |
| Effective Tax Rate | — | — | — | — | -0.31% | — |
| Cash Conversion Ratio | -0.21× | 0.27× | 2.30× | 1.31× | 0.64× | 0.61× |
| Accruals Ratio | 1.64× | -0.31× | 0.16× | 0.04× | -0.05× | -0.04× |
| CapEx Coverage | — | -2620.25× | -88.92× | -76.70× | -64.87× | -56.78× |
| Free Cash Flow Per Share | $-0.83 | $-0.21 | $-0.58 | $-0.46 | $-2.22 | $-0.18 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/B | 0.09× | — | — | — | — | — |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 6.84M | 12.60M | 8.08M | 6.55M | 8.14M | 5.83M |
| Operating Expenses | 14.59M | 19.35M | 13.43M | 10.43M | 14.86M | 12.01M |
| Operating Income (Loss) | -14.59M | -19.35M | -13.43M | -10.43M | -14.86M | -12.01M |
| Income Tax Expense (Benefit) | -5.34M | 3.15M | -46.00K | 67.00K | 47.00K | 7.00K |
| Net Income (Loss) Attributable to Parent | 35.91M | -39.46M | -13.44M | -16.05M | -15.03M | -12.46M |
| Earnings Per Share, Basic | $3.60 | $-0.76 | $-0.25 | $-0.34 | $-3.42 | $-0.28 |
| Weighted Average Number of Shares Outstanding, Basic | 9.12M | 50.10M | 53.95M | 46.69M | 4.39M | 43.26M |
| Earnings Per Share, Diluted | $2.88 | $-0.76 | $-0.25 | $-0.34 | $-3.42 | $-0.28 |
| Weighted Average Number of Shares Outstanding, Diluted | 9.19M | 50.10M | 53.95M | 46.69M | 4.39M | 43.26M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 18.16M | 5.81M | 6.45M | 16.83M | 7.77M | 6.21M |
| Assets, Current | 25.58M | 22.90M | 29.20M | 37.34M | 33.83M | 44.04M |
| Assets | 26.62M | 93.52M | 109.90M | 117.21M | 107.09M | 114.48M |
| Long-term Debt | — | 0 | 0 | 16.99M | 15.27M | 14.32M |
| Liabilities, Current | 8.77M | 43.23M | 26.04M | 7.47M | 8.36M | 7.28M |
| Liabilities | 10.95M | 129.24M | 108.84M | 105.47M | 88.51M | 84.33M |
| Stockholders' Equity Attributable to Parent | 15.67M | -35.71M | 1.06M | 11.74M | 18.58M | 30.15M |
| Common Stock, Shares, Outstanding | 13.79M | 5.57M | 54.49M | 53.62M | 44.09M | 44.00M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -7.63M | -10.48M | -30.94M | -21.02M | -9.60M | -7.55M |
| Payments to Acquire Property, Plant, and Equipment | 0 | 4.00K | 348.00K | 274.00K | 148.00K | 133.00K |
| Net Cash Provided by (Used in) Investing Activities | 12.00M | 8.07M | 15.16M | 16.94M | 10.90M | 10.87M |
| Net Cash Provided by (Used in) Financing Activities | 9.44M | 2.03M | 15.88M | 14.50M | 87.00K | 0 |
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 (QNCX CIK 0001662774),
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.