Kyverna Therapeutics, Inc.

Kyverna Therapeutics, Inc.

KYTX
Kyverna Therapeutics, Inc.US flagNASDAQ
5.83
USD
+0.16
- -
360.55MMarket Cap
Kyverna Therapeutics, Inc.
KYTX
(NASDAQ)

Recent

price

5.83

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
FRC
0.22
0.27
- -
- -
- -
- -
Revenue per Share
-1.02
-1.12
-1.48
-3.33
-3.64
-2.88
Basic EPS, GAAP
-0.91
-1.43
-1.3
-3.04
-3.47
-3
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
-1.13
-1.81
-3.05
6.17
3.85
2.69
Book Value per Share
-1.13
-1.81
-3.05
6.17
3.85
2.69
Tangible Book Value per Share
26
26
41
38
44
53
Basic Weighted Avg Shares
6
7
- -
- -
- -
- -
Sales/Revenue/Turnover
-465.81
-418.28
- -
- -
- -
- -
Operating Margin (%)
1
1
2
2
2
2
Depreciation Expense
-26
-29
-60
-127
-161
-153
Net Income, GAAP
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-465.88
-411.29
- -
- -
- -
- -
Profit Margin (%)
61
41
41
257
246
184
Working Capital
5
8
6
4
25
31
LT Debt
-46
-74
-131
267
232
166
Total Equity
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
-64.67
-87.24
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4
2
2
LT Borrowings
25
25
25
LT Finance Leases
- -
7
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
61
62
Market Capitalization
568
522
549

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
283
242
207
Cash, Cash Equivalents & STI
279
236
199
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
36
30
23
Payables & Accruals
23
25
16
ST Debt
4
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-12.87%
Free Cash Flow
- -
- -
32%
Net Income, GAAP
- -
- -
26.54%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.12
-0.67
-0.8
- -
-3.33
2025
-1.03
-0.97
-0.85
-0.8
-3.64
2026
-0.66
-0.63
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Kyverna Therapeutics, Inc. (Nasdaq: KYTX) is a clinical-stage biopharmaceutical company focused on developing chimeric antigen receptor (CAR) T-cell therapies targeting CD19 for the treatment of B cell-driven autoimmune diseases. The company's lead product candidate, KYV-101, is an autologous fully human anti-CD19 CAR T-cell therapy in Phase 2 clinical trials for stiff person syndrome (SPS; KYSA-8 registrational trial), Phase 3 expansion for myasthenia gravis (MG; KYSA-6), and Phase 1/2 for lupus nephritis (LN; KYSA-1 and KYSA-3), with additional studies in multiple sclerosis (MS) and systemic sclerosis (SSc); KYV-102 is an autologous CD19 CAR T-cell candidate incorporating whole blood rapid manufacturing to eliminate apheresis and shorten turnaround time; and KYV-201 is an allogeneic CD19 CAR T-cell therapy, all leveraging a proprietary platform licensed from Intellia Therapeutics for deep B cell depletion and immune system reset aimed at long-term remission. Kyverna operates globally with clinical trials conducted in the United States and Europe, targeting patients with refractory autoimmune conditions including neuroimmunology indications such as SPS and MG. Founded in 2018 and headquartered in Emeryville, California, the company, formerly BAIT Therapeutics, Inc., completed its initial public offering in February 2024. Recent developments include the November 2025 closing of a non-dilutive loan facility with Oxford Finance for up to $150 million (initial $25 million drawn) to support late-stage SPS and generalized MG (gMG) programs and pre-launch activities; expansion of the KYSA-6 MG trial to Phase 3 following positive FDA end-of-Phase 2 meeting, with enrollment starting by year-end 2025; advancement of KYV-102 toward improved manufacturing scalability; and topline registrational SPS data expected in early 2026, amid a prior 2023 Series B extension to $145 million with investors including Bain Capital Life Sciences and GordonMD Global Investments.

Company News

  • Kyverna Therapeutics to Present Positive Data in Stiff Person Syndrome and Progressive Multiple Sclerosis at MSToronto2026

  • Kyverna Therapeutics, Inc. (NASDAQ:KYTX) Stock Rated “Moderate Buy” by Sell-Side Brokerages

  • Kyverna Therapeutics, Inc. (KYTX) Discusses Positive Topline Data and Longer-Term Follow-Up for SPS and GMG Trials Transcript

  • Kyverna Therapeutics Reports Positive One-Year Data Demonstrating Durable Clinical Responses and Favorable Safety Profile for Miv-cel in Stiff Person Syndrome and Generalized Myasthenia Gravis

  • Kyverna Therapeutics, Inc. (KYTX) Presents at Morgan Stanley 24th Annual Global Healthcare Conference Transcript

  • Kyverna Therapeutics to Present at Upcoming Investor Conferences

  • Kyverna Therapeutics: Market Holding Flat Despite Progress To Approval

  • Kyverna Therapeutics Reports Pipeline Progress and Second Quarter 2026 Financial Results

  • Kyverna Therapeutics: 'Strong Buy' On ElevateBio Manufacturing Deal And RA Program Advancement

  • Kyverna Therapeutics and ElevateBio Enter into Commercial Manufacturing and Supply Agreement for Miv-cel

  • Kyverna Therapeutics Sinks 13%: Here's Why

  • Kyverna Therapeutics: The Autoimmune CAR T Beachhead Is Bigger Than SPS

  • Kyverna Therapeutics Appoints Ritesh Srivastava as Chief Legal and Compliance Officer, Adding Leadership Strength to Support Commercial-Stage Transition

  • Kyverna Therapeutics vs. Vertex Pharmaceuticals: Which Drug Developer Stock Is a Better Buy in 2026?

  • Kyverna Therapeutics Highlights Updated Miv-cel Data at EULAR Demonstrating Substantial Reduction in Disease Activity in ACPA-Positive, Treatment Refractory Rheumatoid Arthritis

  • Kyverna Therapeutics Names Greg Martini as Chief Financial Officer

  • Kyverna Therapeutics to Present at Upcoming Investor Conferences

  • Kyverna Therapeutics Announces Initiation of Rolling SPS BLA Submission and Reports First Quarter 2026 Financial Results

  • Kyverna Therapeutics Appoints Nadia Dac, Seasoned Commercial Leader in Neurology and Rare Disease, as Chief Commercial Officer

  • Kyverna Therapeutics Showcases miv-cel Data in SPS, gMG; CEO Eyes First Autoimmune CAR-T BLA