Bicycle Therapeutics plc

Bicycle Therapeutics plc

BCYC
Bicycle Therapeutics plcUS flagNASDAQ Global Select
4.20
USD
-0.10
- -
291.46MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.15
0.54
1.25
0.54
0.47
0.49
0.76
0.61
1.05
0.91
Basic EPS, GAAP
-1.22
-1.64
-2.77
-2.66
-2.67
-3.8
-5.08
-2.9
-3.16
-3.16
Free Cash Flow per Basic Share
-0.19
-2.05
-2.73
-0.99
-0.67
-3.54
-1.79
-2.85
-3.64
-3.34
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-3.62
-5.26
-9.08
-7.9
-8.7
-11.15
-14.36
-11.68
-12.97
-13.83
Tangible Book Value per Share
-3.55
-5.25
8.44
4.99
13.82
9.13
10.42
13.62
8.8
7.99
Basic Weighted Avg Shares
13
13
11
19
25
30
36
58
69
69
Sales/Revenue/Turnover
2
7
14
10
12
14
27
35
73
63
Operating Margin (%)
-787.04
-304.74
-190.56
-500.1
-560.98
-806.56
-704.13
-592.92
-341.28
-383.18
Depreciation Expense
- -
1
1
1
1
4
7
7
6
6
Net Income, GAAP
-16
-22
-31
-51
-67
-113
-181
-169
-219
-219
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-789.27
-306.14
-221.78
-490.95
-571.25
-779.35
-669.72
-479.18
-301.66
-344.95
Working Capital
62
68
95
133
422
316
492
861
626
570
LT Debt
- -
- -
1
15
42
41
40
4
14
14
Total Equity
-47
-70
93
95
346
271
371
793
610
554
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
5
3
1
LT Borrowings
- -
- -
- -
LT Finance Leases
1
14
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
69
69
70
Market Capitalization
536
490
322

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
739
683
619
Cash, Cash Equivalents & STI
648
628
559
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
69
57
49
Payables & Accruals
37
34
35
ST Debt
5
3
1
Deferred Revenue
12
3
3

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
73.72%
-23.09%
Free Cash Flow
- -
137.35%
51.86%
Net Income, GAAP
- -
36.61%
29.54%
Sales/Revenue/Turnover
- -
51.86%
105.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20
9
3
4
35
2025
10
3
12
48
73
2026
1
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.62
-0.77
-0.74
-0.75
-2.9
2025
-0.88
-1.14
-0.85
-0.29
-3.16
2026
-0.87
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Kevin Lee
Full Time Employees
305
Sector
Healthcare
Industry
Biotechnology
Address
Babraham Research Campus Cambridge United Kingdom CB22 3AT
IPO Date
May 23, 2019
Business
Bicycle Therapeutics plc (NASDAQ: BCYC), a clinical-stage biopharmaceutical company founded in 2009 and headquartered in Cambridge, United Kingdom, develops a novel class of precision-guided therapeutics known as Bicycle molecules, fully synthetic short peptides constrained by small molecule scaffolds to form two loops that enable high-affinity target binding and selectivity; these include Bicycle Drug Conjugates (BDCs), Bicycle Tumor-Targeted Immune Cell Agonists (Bicycle TICAs), and Bicycle Radioconjugates (BRCs) primarily targeting solid tumors in oncology, with applications explored beyond cancer in areas such as anti-infective, cardiovascular, ophthalmology, dementia, central nervous system, neuromuscular, and respiratory diseases through partnerships. Core products in clinical development encompass zelenectide pevedotin (formerly BT8009), a Nectin-4-targeted BDC in Phase 2/3 pivotal Duravelo-2 trial for metastatic urothelial cancer (mUC) combined with pembrolizumab, Phase 1/2 Duravelo-3 for Nectin-4-amplified breast cancer, and Phase 1/2 Duravelo-4 for Nectin-4-amplified non-small cell lung cancer (NSCLC), both actively enrolling following FDA Fast Track designations; BT5528, an EphA2-targeted BDC in Phase 1 with upcoming combination data presentations in 1H 2026; BT7480, a Nectin-4/CD137 Bicycle TICA in Phase 1 with combination data expected in 1H 2026; and an emerging BRC pipeline targeting MT1-MMP with preclinical and first human imaging data presented at EANM 2025 Congress supporting radiotheranostic potential, alongside EphA2 imaging data anticipated in 1H 2026. The company maintains strategic collaborations with biopharmaceutical firms including Bayer, Novartis, and Genentech for therapeutic development across multiple indications. Recent developments include a strategic workforce reduction of approximately 30% announced in Q2 2025 to enhance operational flexibility and extend cash runway into 2028 with $648.3 million in cash equivalents as of September 30, 2025 plus $38.2 million U.K. R&D tax credit received in October 2025; strengthened leadership through Board additions of Charles Swanton M.D. Ph.D., Roger Dansey M.D., and Hervé Hoppenot, alongside expansion of the Research and Innovation Advisory Board with experts Steve Davidsen Ph.D., Gilles Gallant Ph.D., Ken Herrmann M.D. MBA, and John Lambert Ph.D.; advancement of zelenectide pevedotin with regulatory feedback sought for Duravelo-2 dose selection and approval pathway updates planned for Q1 2026; and presentations of Duravelo-3/4 trial progress and BRC data at ESMO Congress 2025.

Company News

APIChat
  • Bicycle Therapeutics to Present Initial Duravelo-2 Data at 2026 ASCO Annual Meeting

  • Bicycle Therapeutics Reports Recent Business Progress and First Quarter 2026 Financial Results

  • Bicycle Therapeutics Announces Oral and Poster Presentations at the 2026 ASCO Annual Meeting

  • Bicycle Therapeutics Provides Update on Nuzefatide Pevedotin and EphA2 Pipeline at the AACR Annual Meeting 2026

  • Wall Street Analysts Believe Bicycle Therapeutics (BCYC) Could Rally 137.88%: Here's is How to Trade

  • Bicycle Therapeutics (NASDAQ:BCYC) CEO Kevin Lee Sells 5,967 Shares

  • Bicycle Therapeutics PLC Sponsored ADR (NASDAQ:BCYC) Receives Consensus Rating of “Hold” from Analysts

  • After Plunging 20.2% in 4 Weeks, Here's Why the Trend Might Reverse for Bicycle Therapeutics (BCYC)

  • Bicycle Therapeutics (BCYC) Loses 19.0% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

  • Bicycle Therapeutics Announces Oral and Poster Presentations at the AACR Annual Meeting 2026

  • Bicycle Therapeutics Reports Recent Business Progress and Fourth Quarter and Full Year 2025 Financial Results

  • Bicycle Therapeutics PLC Sponsored ADR (NASDAQ:BCYC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

  • Bicycle Therapeutics Announces Leadership Transitions for Next Phase of Innovation Across Oncology Pipeline

  • Bicycle Therapeutics Highlights 2025 Accomplishments and Strategic Priorities for 2026

  • Bicycle Therapeutics PLC Sponsored ADR (NASDAQ:BCYC) Receives Average Rating of “Hold” from Brokerages

  • Bicycle Therapeutics Establishes Multiple Strategic Partnerships to Create End-to-End Supply Chain to Support its Wholly Owned Radiopharmaceutical Pipeline

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bicycle Therapeutics plc - BCYC

  • Bicycle Therapeutics PLC Sponsored ADR (NASDAQ:BCYC) Receives Consensus Rating of “Hold” from Brokerages

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bicycle Therapeutics plc - BCYC

  • ATTENTION BCYC Investors: Securities Fraud Investigation Underway - Contact Levi & Korsinsky