Avidity Biosciences 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	20.87	10.9	9.56	9.22	9.33	6.79
Revenue Growth (YoY)	106.27%	13.98%	3.64%	-1.09%	37.41%	192.67%
Cost of Revenue	488.19	303.59	190.97	150.4	101.18	37.6
Gross Profit	-467.32	-292.7	-181.41	-141.18	-91.86	-30.82
Selling, General & Admin	145.14	86.24	54.19	37.73	26.2	13.46
Operating Expenses	145.14	86.24	54.19	37.73	26.2	13.46
Operating Income	-612.46	-378.94	-235.6	-178.91	-118.05	-44.28
Interest Expense	-	-	-	-	-	-0.21
Interest & Investment Income	63.93	56.88	23.97	4.98	0.1	0.21
Other Non Operating Income (Expenses)	-1.27	-0.25	-0.59	-0.06	-0.06	-0.08
Pretax Income	-549.79	-322.3	-212.22	-174	-118.01	-44.36
Net Income	-549.79	-322.3	-212.22	-174	-118.01	-44.36
Net Income to Common	-549.79	-322.3	-212.22	-174	-118.01	-44.36
Shares Outstanding (Basic)	131	112	73	52	41	22
Shares Outstanding (Diluted)	131	112	73	52	41	22
Shares Change (YoY)	33.44%	52.83%	39.97%	25.91%	91.24%	698.49%
EPS (Basic)	-4.19	-2.89	-2.91	-3.34	-2.85	-2.05
EPS (Diluted)	-4.19	-2.89	-2.91	-3.34	-2.85	-2.05
Free Cash Flow	-592.26	-307.94	-123.29	-139.09	-98.55	-38.21
Free Cash Flow Per Share	-4.51	-2.76	-1.69	-2.67	-2.38	-1.76
Operating Margin	-2934.90%	-3477.43%	-2464.41%	-1939.65%	-1265.83%	-652.38%
Profit Margin	-2634.59%	-2957.71%	-2219.87%	-1886.33%	-1265.38%	-653.53%
Free Cash Flow Margin	-2838.14%	-2825.88%	-1289.66%	-1507.92%	-1056.76%	-562.97%
EBITDA	-609.06	-376.16	-233.5	-177.53	-117.41	-43.9
D&A For EBITDA	3.39	2.78	2.1	1.39	0.64	0.37
EBIT	-612.46	-378.94	-235.6	-178.91	-118.05	-44.28

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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