Denali Therapeutics Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	-	-	330.53	108.46	48.66	335.66
Revenue Growth (YoY)	-	-	204.74%	122.89%	-85.50%	1158.19%
Cost of Revenue	420.66	396.44	423.88	358.73	265.35	212.62
Gross Profit	-420.66	-396.44	-93.35	-250.27	-216.69	123.04
Selling, General & Admin	127.16	105.44	103.35	90.48	79.06	60.33
Operating Expenses	127.16	105.44	103.35	90.48	79.06	60.33
Operating Income	-547.82	-501.88	-196.7	-340.74	-295.75	62.72
Interest Expense	-0.7	-0.3	-	-	-	-
Interest & Investment Income	35.07	29.82	7.55	13.14	13.34	5.7
Other Non Operating Income (Expenses)	-	-	-	-	-	3.6
EBT Excluding Unusual Items	-513.45	-472.36	-189.15	-327.61	-282.41	72.01
Gain (Loss) on Sale of Investments	14.78	35.12	43.95	1.64	-8.75	-0.06
Gain (Loss) on Sale of Assets	-	14.54	-	-	-	-
Pretax Income	-498.68	-422.71	-145.19	-325.97	-291.16	71.96
Income Tax Expense	0.07	0.07	0.03	0.02	-0.58	0.82
Net Income	-498.74	-422.77	-145.22	-325.99	-290.58	71.14
Net Income to Common	-498.74	-422.77	-145.22	-325.99	-290.58	71.14
Shares Outstanding (Basic)	171	164	137	126	122	109
Shares Outstanding (Diluted)	171	164	137	126	122	113
Shares Change (YoY)	9.46%	19.73%	9.43%	3.30%	7.83%	17.88%
EPS (Basic)	-2.91	-2.57	-1.06	-2.60	-2.39	0.65
EPS (Diluted)	-2.91	-2.57	-1.06	-2.60	-2.39	0.63
Free Cash Flow	-410.85	-363.61	-370.93	-262.55	-219.89	413.06
Free Cash Flow Per Share	-2.40	-2.21	-2.70	-2.09	-1.81	3.67
Gross Margin	-	-	-28.24%	-230.74%	-	36.66%
Operating Margin	-	-	-59.51%	-314.16%	-607.78%	18.68%
Profit Margin	-	-	-43.94%	-300.56%	-597.15%	21.19%
Free Cash Flow Margin	-	-	-112.22%	-242.06%	-451.88%	123.06%
EBITDA	-542.07	-500.79	-179.97	-330.36	-287.16	71.25
EBITDA Margin	-	-	-54.45%	-	-	21.23%
D&A For EBITDA	5.75	1.09	16.73	10.38	8.59	8.53
EBIT	-547.82	-501.88	-196.7	-340.74	-295.75	62.72
EBIT Margin	-	-	-59.51%	-	-	18.68%
Effective Tax Rate	-	-	-	-	-	1.14%
Revenue as Reported	-	-	330.53	108.46	48.66	335.66

Source: S&P Global Market Intelligence. Standard template. Financial Sources.