Protagonist Therapeutics, Inc.

Protagonist Therapeutics, Inc.

PTGX
Protagonist Therapeutics, Inc.US flagNASDAQ Global Market
95.41
USD
+2.18
- -
6.14BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
1.13
1.38
0.01
0.83
0.59
0.54
1.06
7.06
0.72
1.16
Basic EPS, GAAP
-1.91
-2.54
-5.8
-2.09
-1.74
-2.98
-1.92
-2.71
-2.6
-1.39
4.47
-2.05
-1.79
Free Cash Flow per Basic Share
-1.37
-2.51
-4.66
0.18
-2.26
-1.64
-2.12
-2.35
-2.22
-1.25
2.97
0.88
-1.84
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-2.13
-4.66
-9.93
-5.74
-6.28
-8.41
-8.25
-8.84
-10.94
-10.85
-5.53
-7.4
-7.28
Tangible Book Value per Share
-2.14
-4.66
13.47
6.82
5.03
3.09
8.13
6.48
4.4
5.93
10.97
9.67
10.23
Basic Weighted Avg Shares
6
6
7
18
22
26
34
46
49
57
62
64
64
Sales/Revenue/Turnover
- -
- -
- -
20
31
- -
29
27
27
60
434
46
74
Operating Margin (%)
- -
- -
- -
-188.89
-136.68
-34,857.58
-225.36
-460.01
-494.24
-156.09
58.2
-343.63
-192.36
Depreciation Expense
- -
- -
- -
- -
1
1
1
1
1
1
1
1
1
Net Income, GAAP
-11
-15
-37
-37
-39
-77
-66
-126
-127
-79
275
-130
-115
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.51
- -
- -
Profit Margin (%)
- -
- -
- -
-184.2
-125.87
-33,414.29
-231.07
-458.94
-479.26
-131.59
63.34
-282.83
-154.88
Working Capital
9
11
77
108
111
110
275
297
212
334
544
532
579
LT Debt
- -
- -
- -
- -
- -
16
4
4
1
- -
10
8
7
Total Equity
8
10
88
121
113
80
280
300
216
337
675
615
655
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
48.51
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-58.29
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
9
8
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
63
64
Market Capitalization
4,195
5,552
6,756

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
586
578
613
Cash, Cash Equivalents & STI
576
567
548
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
45
45
35
Payables & Accruals
21
21
22
ST Debt
2
2
2
Deferred Revenue
14
10
6

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
119.11%
25.38%
-8.97%
Free Cash Flow
-203.56%
-82.59%
-69.32%
Net Income, GAAP
-30.36%
-108.52%
-147.29%
Sales/Revenue/Turnover
- -
130.62%
-89.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
255
4
5
171
434
2025
28
6
5
7
46
2026
56
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.41
-0.5
-0.54
2.11
4.47
2025
-0.19
-0.55
-0.62
-0.69
-2.05
2026
0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
Dinesh V. Patel
Full Time Employees
124
Sector
Healthcare
Industry
Biotechnology
Address
7707 Gateway Boulevard Newark CA United States of America 94560-1160
IPO Date
Aug 11, 2016
Business
Protagonist Therapeutics, Inc. (Nasdaq: PTGX) is a clinical-stage biopharmaceutical company that develops novel peptide-based therapeutics targeting unmet needs in hematology, blood disorders, inflammatory, and immunomodulatory diseases. The company leverages a proprietary peptide technology platform, including molecular design tools such as Vectrix™, phage display libraries, oral stability assays, and advanced peptide chemistry, to engineer potent, selective peptides with oral bioavailability for targets like cytokines, receptors, transporters, GPCRs, and ion channels. Its lead product candidates include rusfertide (PTG-300), a hepcidin mimetic in Phase 3 (VERIFY trial) and Phase 2 extensions (REVIVE, THRIVE) for polycythemia vera; and the oral IL-23R antagonist JNJ-2113 (formerly PN-235 or PTG-200), partnered with Janssen (Johnson & Johnson), in Phase 3 for plaque psoriasis and Phase 2b (ANTHEM) for ulcerative colitis; alongside early-stage discovery programs like PN-477 (multi-receptor agonist for obesity), PN-881 (psoriasis), and others for hemochromatosis and hematologic diseases. Founded in 2006 and headquartered in Newark, California, Protagonist operates primarily in the United States with additional presence in Australia. Recent developments include positive Phase 3 data for icotrokinra (JNJ-2113) in plaque psoriasis driving a 32% stock surge in October 2025, plans for a New Drug Application submission for rusfertide in late 2025, advancement of early pipeline candidates with Phase 1 initiations targeted for Q4 2025, and ongoing acquisition discussions with Johnson & Johnson, which already holds a 4% equity stake and commercialization rights to certain assets.

Company News

APIChat
  • Protagonist Therapeutics to Present Phase 3 VERIFY and Long-Term Rusfertide Data at the 2026 European Hematology Association Congress

  • Protagonist Therapeutics to Participate in Two Investment Bank Conferences in June 2026

  • J&J & Pfizer Face Patent Risks: Which Stock Looks Better Positioned?

  • Tremfya, Icotyde Lead J&J's Post-Stelara Immunology Strategy

  • Protagonist Reports First Quarter 2026 Financial Results and Provides Corporate Update

  • Protagonist Exercises Rusfertide U.S. Opt-Out Right Under Takeda Collaboration

  • Protagonist Therapeutics Reports Granting of Inducement Awards

  • SG Americas Securities LLC Sells 21,249 Shares of Protagonist Therapeutics, Inc. $PTGX

  • Protagonist Announces Presentation of One-Year Phase 3 Data for ICOTYDE(TM) in Moderate-to-Severe Plaque Psoriasis at the 2026 American Academy of Dermatology (AAD) Annual Meeting

  • Protagonist Partners With Johnson & Johnson To Compete With AbbVie's Skyrizi

  • Protagonist Therapeutics Soars as FDA Approves ICOTYDE for Plaque Psoriasis, Triggers $50M Milestone

  • Protagonist Therapeutics Stock Rallies Nearly 7% in a Week: Here's Why

  • Protagonist Therapeutics (PTGX) Soars 4.7%: Is Further Upside Left in the Stock?

  • Protagonist Therapeutics, Inc. (PTGX) Discusses FDA Approval of ICOTYDE for Moderate to Severe Plaque Psoriasis Treatment Transcript

  • Protagonist Therapeutics Announces U.S. FDA Approval of ICOTYDE(TM) (icotrokinra) for the Treatment of Moderate to Severe Plaque Psoriasis

  • Protagonist Therapeutics, Inc. (PTGX) Presents at Barclays 28th Annual Global Healthcare Conference Transcript

  • Takeda and Protagonist Announce U.S. Food and Drug Administration Accepts New Drug Application and Grants Priority Review for Rusfertide as a Potential First-in-Class Therapy for Polycythemia Vera

  • Citigroup Inc. Has $10.14 Million Stake in Protagonist Therapeutics, Inc. $PTGX

  • CORRECTION: Protagonist Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Corporate Update

  • Protagonist Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Corporate Update