Pulling SEC filings + quote and writing the call…

Kymera Therapeutics, Inc.
Next earnings Aug 10, 2026 · consensus $-0.75 EPS, $28.8M rev
Last earnings -0.5% on 2026-04-30
Pre-revenue TPD biotech with a promising oral-degrader pipeline and marquee partners, but deep losses make it a binary, speculative bet.
Revenue $39.2M · FY2025
Kymera is a clinical-stage leader in targeted protein degradation (TPD), aiming to deliver oral small molecules with biologics-like activity in immunology. The scientific and strategic validation is real: lead STAT6 degrader KT-621 has entered the BROADEN2 (atopic dermatitis) and BREADTH (asthma) Phase 2b trials, an oral IRF5 degrader (KT-579) is in Phase 1, and the company has high-profile collaborations with Sanofi (IRAK4 degrader KT-485, advancing to clinical testing in 2026) and Gilead (CDK2 molecular glues announced June 2025). The addressable immunology market is large, and oral convenience versus injectable biologics is a credible differentiator.
The financials, however, are those of a pre-commercial biotech and demand caution. There is no product revenue — the $39.2M of FY2025 revenue is collaboration income and it fell 16.7%. Operating loss widened to -$349M and net loss to -$311M as R&D rose 31.8% to $317M, and the company burned $233M of operating cash. EPS was -$3.69, and the share count grew 25.7% as it raised capital. Since inception Kymera has consumed the bulk of $2.75B raised.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 4:53 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $72.8M | $46.8M | $78.6M | $47.1M | $39.2M |
| Gross profit | — | — | — | — | — |
| Operating income | -$101M | -$161M | -$166M | -$262M | -$349M |
| Net income | -$100M | -$155M | -$147M | -$224M | -$311M |
| Diluted EPS | -$2.09 | -$2.87 | -$2.52 | -$2.98 | -$3.69 |
| Net margin | -137.6% | -330.6% | -187.0% | -475.6% | -794.0% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Sources: SEC EDGAR (CIK 0001815442, latest 10-Q filed 2026-04-30) · EODHD · Proprietary analysis · as of 6/21/2026, 8:53:25 PM.
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Last 90 days: 0 open-market buys · 108 sales
| 2026-07-01 | Goodman Noah Chief Business Officer | Sell | 3.39K @ $114.29 | $387K |
| 2026-07-01 | Mainolfi Nello Chief Executive Officer | Exercise | 80.0K @ $2.08 | $166K |
| 2026-07-01 | Mainolfi Nello Chief Executive Officer | Sell | 1.88K @ $112.80 | $212K |
| 2026-07-01 | Mainolfi Nello Chief Executive Officer | Sell | 6.63K @ $113.98 | $755K |
| 2026-07-01 | Mainolfi Nello Chief Executive Officer | Sell | 24.1K @ $114.96 | $2.77M |
| 2026-07-01 | Mainolfi Nello Chief Executive Officer | Sell | 44.0K @ $115.69 | $5.10M |
| 2026-07-01 | Mainolfi Nello Chief Executive Officer | Sell | 3.34K @ $116.56 | $389K |
| 2026-06-30 | Jacobs Bruce N. Chief Financial Officer | Exercise | 61.4K @ $5.33 | $327K |
| 2026-06-30 | Jacobs Bruce N. Chief Financial Officer | Sell | 1.50K @ $110.54 | $166K |
| 2026-06-30 | Jacobs Bruce N. Chief Financial Officer | Sell | 1.70K @ $111.57 | $190K |
| 2026-06-30 | Jacobs Bruce N. Chief Financial Officer | Sell | 1.10K @ $112.79 | $124K |
| 2026-06-30 | Jacobs Bruce N. Chief Financial Officer | Sell | 4.11K @ $114.19 | $469K |
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
1194 tracked peers · median
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.