WallStSmart
TECX

Tectonic Therapeutic, Inc.

NASDAQ: TECX · HEALTHCARE · BIOTECHNOLOGY

$28.81
+3.61% today

Updated 2026-06-03

Market cap
$553.62M
P/E ratio
P/S ratio
EPS (TTM)
$-4.46
Dividend yield
52W range
$14 – $36
Volume
0.2M

Tectonic Therapeutic, Inc. (TECX) Financial statements

SEC filings — annual and quarterly data.

Profit margin
0.00%
Operating margin
0.00%
ROE
-36.23%
ROA
-20.70%
Debt/equity
0.02x

Margin trends — annual

Gross margin Operating margin Profit margin
YearRevenueNet incomeGross marginOp. marginProfit margin
2016$-4.66M
2017$-18.65M
2018$-46.36M
2019$-72.97M
2020$-119.71M
2021$0.00$-8.93M
2022$0.00$-32.18M
2023$0.00$-42.82M
2024$0.00$-57.98M
2025$0.00$-74.15M

Frequently asked questions

How much free cash flow does TECX generate?

TECX produced $-60.29M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.

Is TECX's balance sheet healthy?

TECX holds $253.80M in cash and equivalents against — in long-term debt, on $251.33M of shareholder equity. That debt is best read against the cash flow the business throws off each year.