Disc Medicine, Inc. Financial Summary

Complete Filing Data

Disc Medicine, Inc. reported Stockholders Equity of $739.83 million for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Disc Medicine, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Net Income *-$212.2M-$109.4M-$76.4M-$46.8M-$36.0M-$40.8M
Operating Income Loss-$236.0M-$129.7M-$91.1M-$47.5M-$30.9M-$34.0M
Research And Development Expense$170.6M$96.7M$69.3M$33.4M$25.2M$28.2M
Operating Expenses$236.0M$129.7M$91.1M$47.5M$30.9M$34.0M
General And Administrative Expense$21.9M$14.0M$5.8M$5.9M
Other Nonoperating Income Expense$45.0K-$2.0K-$2.0K$0.00-$13.0K
Nonoperating Income Expense$24.2M$20.7M$14.8M$648.0K-$5.0M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$211.8M-$109.0M-$76.3M-$46.8M
Income Tax Expense Benefit$361.0K$355.0K$99.0K$0.00
Net Income Loss Available To Common Stockholders Basic-$76.4M-$46.8M-$36.0M
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax-$1.0K-$27.0K$0.00
Net Income Loss Available To Common Stockholders Diluted-$76.4M-$46.8M-$36.0M
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent$676.0K$289.0K$0.00
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax$677.0K$316.0K$0.00
Comprehensive Income Net Of Tax-$211.5M-$109.1M-$76.4M
Interest Expense$2.2M$6.8M
Income Taxes Paid Net$299.0K$112.0K$0.00$0.00
Selling General And Administrative Expense$65.4M$33.0M$21.9M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021Q3 2020Q2 2020Q1 2020
Net Income *-$62.3M-$55.2M-$34.1M-$26.6M-$26.4M-$26.9M-$14.1M-$15.9M-$22.8M-$16.2M-$9.6M-$9.9M-$18.6M-$16.4M-$19.0M-$10.0M-$6.8M-$9.7M
Operating Income Loss-$67.7M-$61.4M-$39.9M-$32.9M-$30.9M-$31.5M-$19.0M-$17.3M-$25.1M-$10.5M-$12.0M-$10.0M-$18.5M-$16.3M-$16.5M-$7.9M-$6.7M-$9.6M
Research And Development Expense$50.3M$46.3M$27.8M$24.7M$23.5M$23.7M$14.4M$12.1M$20.2M$7.9M$7.7M$7.8M$13.5M$10.8M$11.8M$6.7M$5.5M$8.2M
Operating Expenses$67.7M$61.4M$39.9M$32.9M$30.9M$31.5M$19.0M$17.3M$25.1M$10.5M$12.0M$10.0M$18.5M$16.3M$16.5M$7.9M$6.7M$9.6M
General And Administrative Expense$8.2M$7.4M$7.8M$4.5M$5.2M$4.9M$2.6M$4.3M$2.1M$5.0M$5.5M$4.7M$1.2M$1.1M$1.4M
Other Nonoperating Income Expense-$18.0K$68.0K-$3.0K$9.0K-$13.0K-$1.0K$13.0K-$5.0K$0.00$0.00$0.00$3.0K-$2.0K-$11.0K$0.00
Nonoperating Income Expense$5.5M$6.2M$6.0M$6.4M$4.6M$4.5M$4.9M$1.4M$2.4M-$5.7M$2.4M$107.0K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$62.2M-$55.2M-$34.0M-$26.5M-$26.3M-$26.9M-$14.1M-$15.9M-$22.8M-$16.2M-$9.6M-$9.9M
Income Tax Expense Benefit$102.0K$52.0K$119.0K$114.0K$60.0K$5.0K$20.0K$24.0K$23.0K$0.00$0.00
Net Income Loss Available To Common Stockholders Basic-$26.6M-$26.4M-$26.9M-$14.1M-$15.9M-$22.8M-$16.2M-$9.6M-$9.9M-$16.4M-$19.0M-$6.8M-$9.7M
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax$0.00-$15.0K$14.0K-$48.0K$6.0K$0.00$0.00$0.00
Net Income Loss Available To Common Stockholders Diluted-$26.6M-$26.4M-$26.9M-$14.1M-$15.9M-$22.8M-$16.2M-$9.6M-$9.9M
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent$445.0K-$262.0K$246.0K$801.0K-$60.0K$0.00$0.00$0.00
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax$445.0K-$247.0K$232.0K$849.0K-$66.0K$0.00$0.00$0.00
Comprehensive Income Net Of Tax-$61.9M-$55.5M-$33.8M-$25.8M-$26.4M-$26.9M-$14.1M-$15.9M
Interest Expense$41.0K$48.0K$66.0K$104.0K$121.0K$1.8M$2.0M$107.0K$153.0K
Income Taxes Paid Net$0.00$0.00$0.00
Selling General And Administrative Expense$17.4M$15.1M$12.2M$8.2M$7.4M$7.8M

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Stockholders Equity$739.8M$443.6M$345.1M$176.6M-$64.2M-$28.8M-$10.4M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$91.4M$192.7M$360.6M$194.8M$88.2M$25.9M$3.3M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$101.3M-$167.9M$165.8M$106.6M$62.3M$1.5M
Cash And Cash Equivalents At Carrying Value$91.1M$192.4M$360.4M$194.6M$88.0M$4.5M
Retained Earnings Accumulated Deficit-$510.2M-$298.0M-$188.6M-$112.2M-$65.4M-$112.8M
Liabilities Current$36.6M$23.3M$21.4M$22.6M$13.4M$24.9M
Liabilities And Stockholders Equity$806.9M$496.8M$368.0M$200.2M$92.4M$8.3M
Assets$806.9M$496.8M$368.0M$200.2M$92.4M$8.3M
Liabilities$67.1M$53.2M$22.9M$23.6M$14.8M$30.2M
Assets Current$803.9M$493.6M$365.7M$198.5M$90.5M$5.1M
Accounts Payable Current$9.0M$7.9M$12.6M$16.2M$2.6M$2.4M
Common Stock Value$4.0K$3.0K$2.0K$2.0K$0.00$2.0K
Accrued Liabilities Current$15.6M$8.1M$6.2M$6.1M$4.1M$492.6K
Other Assets Noncurrent$726.0K$838.0K$234.0K$116.0K$180.0K
Property Plant And Equipment Net$1.2M$751.0K$170.0K$168.0K$106.0K$294.0K
Operating Lease Right Of Use Asset$1.1M$1.6M$1.9M$1.4M$1.6M
Noncash Lease Expense$473.0K$433.0K$290.0K$211.0K$160.0K
Operating Lease Liability Noncurrent$1.3M$1.5M$1.4M$1.0M$1.3M
Operating Lease Liability Current$611.0K$130.0K$665.0K$307.0K$319.0K
Stock Issued During Period Value Sale Of Common Stock In At The Market Offerings$9.8M$14.8M$26.4M
Preferred Stock Value$0.00$0.00$0.00$141.9M$0.00
Common Stock In At The Market Offerings Net Of Issuance Costs$518.0K$742.0K
Change In Fair Value Of Contingent Value Right Liability

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q3 2020Q2 2020Q1 2020
Stockholders Equity$573.4M$614.2M$660.4M$468.0M$488.8M$338.1M$359.0M$371.2M$232.9M-$98.5M-$82.8M-$73.7M$140.9M$157.7M$171.2M-$8.3M-$6.6M$10.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$140.9M$127.6M$122.9M$192.9M$280.9M$342.9M$370.7M$377.7M$236.6M$55.7M$65.3M$74.5M$150.4M$167.8M$185.3M$13.5M$6.5M$13.5M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$69.8M-$17.8M$41.8M$13.7M$180.5M$1.4M$10.2M
Cash And Cash Equivalents At Carrying Value$140.7M$127.3M$122.7M$192.6M$280.7M$342.6M$370.5M$377.6M$236.4M$101.7M$108.7M$119.1M$150.1M$167.5M$185.0M$1.4M$0.00
Retained Earnings Accumulated Deficit-$449.7M-$387.3M-$332.1M-$268.5M-$241.9M-$215.6M-$165.1M-$150.9M-$135.0M-$210.3M-$207.0M-$199.9M-$166.9M-$148.3M-$131.9M-$500.9K
Liabilities Current$26.7M$20.6M$18.7M$25.5M$20.3M$14.9M$14.4M$9.7M$10.0M$1.5M$6.4M$12.7M$12.7M$11.5M$13.8M$552.4K
Liabilities And Stockholders Equity$630.5M$665.1M$709.3M$495.1M$510.2M$354.2M$376.5M$384.2M$243.8M$106.0M$113.3M$124.3M$155.5M$172.4M$189.4M$122.4M
Assets$630.5M$665.1M$709.3M$495.1M$510.2M$354.2M$376.5M$384.2M$243.8M$106.0M$113.3M$124.3M$155.5M$172.4M$189.4M$122.4M
Liabilities$57.1M$50.9M$48.9M$27.2M$21.4M$16.1M$17.5M$13.0M$10.9M$1.5M$6.4M$12.7M$14.7M$14.7M$18.2M$4.8M
Assets Current$627.2M$661.6M$705.6M$493.2M$508.2M$351.9M$374.3M$381.7M$242.1M$104.7M$113.1M$124.1M$154.8M$171.3M$188.6M$1.6M
Accounts Payable Current$7.3M$6.4M$6.7M$3.6M$4.7M$5.3M$8.5M$5.2M$5.6M$1.1M$1.6M$5.1M$939.0K$1.5M$3.6M$40.5K
Common Stock Value$4.0K$3.0K$3.0K$3.0K$3.0K$2.0K$2.0K$2.0K$2.0K$4.0K$4.0K$4.0K$4.0K$4.0K$4.0K
Accrued Liabilities Current$11.1M$6.2M$4.1M$5.5M$4.5M$8.8M$5.6M$4.1M$4.0M$462.0K
Other Assets Noncurrent$840.0K$840.0K$839.0K$236.0K$236.0K$235.0K$116.0K$116.0K$116.0K$1.4M$204.0K$217.0K$232.0K$559.0K$225.0K
Property Plant And Equipment Net$1.2M$1.3M$1.4M$79.0K$98.0K$211.0K$183.0K$159.0K$180.0K$180.0K$229.0K$229.0K
Operating Lease Right Of Use Asset$1.2M$1.3M$1.5M$1.7M$1.6M$1.8M$1.9M$1.3M$200.0K
Noncash Lease Expense$112.0K$142.0K$84.0K$74.0K
Operating Lease Liability Noncurrent$1.4M$1.6M$1.6M$1.7M$1.1M$1.3M$1.6M$1.8M$945.0K
Operating Lease Liability Current$656.0K$632.0K$479.0K$76.0K$759.0K$767.0K$353.0K$321.0K$313.0K
Stock Issued During Period Value Sale Of Common Stock In At The Market Offerings$9.8M$14.8M$4.9M$14.6M
Preferred Stock Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock In At The Market Offerings Net Of Issuance Costs$518.0K$119.0K$408.0K
Change In Fair Value Of Contingent Value Right Liability$0.00$0.00$0.00-$1.5M$0.00$0.00

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Net Cash Provided By Used In Financing Activities$473.4M$218.3M$239.4M$149.0M$89.9M$34.2M
Net Cash Provided By Used In Operating Activities-$180.4M-$93.9M-$73.5M-$42.3M-$27.5M-$32.7M
Increase Decrease In Accounts Payable$1.1M-$4.7M-$3.7M$526.0K$1.3M-$2.4M
Net Cash Provided By Used In Investing Activities-$394.3M-$292.3M-$89.0K-$151.0K-$68.0K-$22.0K
Share Based Compensation$34.3M$16.8M$5.5M$2.1M$507.0K$983.0K
Proceeds From Stock Options Exercised$8.6M$3.0M$2.7M$219.0K$68.0K$163.0K
Increase Decrease In Prepaid Deferred Expense And Other Assets$8.9M-$1.6M$1.2M-$352.0K$1.4M-$1.7M
Payments To Acquire Property Plant And Equipment$933.0K$505.0K$89.0K$151.0K$68.0K$22.0K
Increase Decrease In Operating Lease Liability$186.0K-$495.0K-$54.0K-$319.0K-$141.0K
Increase Decrease In Accrued Liabilities$2.0M$1.5M$1.5M
Depreciation Depletion And Amortization$281.0K$156.0K$100.0K$89.0K$32.0K
Proceeds From Issuance Of Common Stock$0.00$53.5M$0.00$20.1M
Proceeds From Stock Plans$578.0K$441.0K$0.00
Increase Decrease In Other Operating Assets$0.00-$64.0K$64.0K-$2.0K
Payments To Acquire Marketable Securities$849.6M$386.6M$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q1 2024Q1 2023Q1 2022Q1 2021Q3 2020Q1 2020
Net Cash Provided By Used In Financing Activities$244.3M$15.9M$77.3M$55.0K$195.5M$122.4M$20.1M
Net Cash Provided By Used In Operating Activities-$41.4M-$33.6M-$35.5M-$13.7M-$15.0M-$190.6K-$9.9M
Increase Decrease In Accounts Payable-$1.3M-$7.4M-$10.8M-$982.0K$2.2M$39.5K$715.0K
Net Cash Provided By Used In Investing Activities-$272.6M-$67.0K-$29.0K-$100.0K-$120.8M
Share Based Compensation$6.4M$4.1M$1.0M$332.0K$1.6M$94.0K
Proceeds From Stock Options Exercised$575.0K$806.0K$222.0K$55.0K$4.0K$10.0K
Increase Decrease In Prepaid Deferred Expense And Other Assets$7.2M$4.1M$908.0K-$3.2M$3.1M-$117.0K
Payments To Acquire Property Plant And Equipment$851.0K$67.0K$29.0K$100.0K
Increase Decrease In Operating Lease Liability$435.0K-$75.0K-$76.0K-$77.0K
Increase Decrease In Accrued Liabilities$671.0K-$2.1M-$18.0K$392.0K
Depreciation Depletion And Amortization$20.0K$26.0K$25.0K$18.0K
Proceeds From Issuance Of Common Stock$34.2M$0.00$25.0K$20.1M
Proceeds From Stock Plans$287.0K$245.0K$0.00
Increase Decrease In Other Operating Assets$0.00$64.0K$225.0K
Payments To Acquire Marketable Securities$347.3M$0.00

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Diluted EPS *-$6.01-$3.96-$3.42-$45.05-$40.95-$2.70
Preferred Stock Shares Authorized10.0M10.0M10.0M10.0M84.2M10.0M
Weighted Average Number Of Shares Outstanding Basic35.3M27.6M22.3M1.0M878.4K
Weighted Average Number Of Diluted Shares Outstanding35.3M27.6M22.3M1.0M878.4K
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00
Earnings Per Share Basic$-6.01$-3.96$-3.42$-45.05$-40.95
Common Stock Shares Outstanding37.9M29.9M24.4M17.4M909.4K15.6M
Common Stock Shares Issued37.9M29.9M24.4M17.4M919.6K15.6M
Common Stock Shares Authorized100.0M100.0M100.0M100.0M108.1M250.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Preferred Stock Shares Outstanding0.000.000.000.0084.2M0.00
Preferred Stock Shares Issued0.000.000.000.0084.2M0.00
Weighted Average Number Of Share Outstanding Basic And Diluted40.4M15.1M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q3 2020Q2 2020Q1 2020
Diluted EPS *-$1.77-$1.58-$1.02-$0.89-$1.03-$1.09-$0.58-$0.74-$1.20-$16.82-$10.14-$10.67-$0.43-$0.38-$0.59-$0.65-$0.44-$0.67
Preferred Stock Shares Authorized10.0M10.0M10.0M10.0M10.0M10.0M10.0M10.0M10.0M1.0M
Weighted Average Number Of Shares Outstanding Basic35.2M35.0M33.3M29.9M25.6M24.8M24.3M21.5M19.0M960.3K944.7K923.8K43.1M43.0M
Weighted Average Number Of Diluted Shares Outstanding35.2M35.0M33.3M29.9M25.6M24.8M24.3M21.5M19.0M960.3K944.7K923.8K43.1M43.0M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Earnings Per Share Basic$-1.77$-1.58$-1.02$-0.89$-1.03$-1.09$-0.58$-0.74$-1.20$-16.82$-10.14$-10.67$-0.43$-0.38
Common Stock Shares Outstanding35.0M34.7M34.6M29.7M29.7M24.7M24.1M22.9M19.6M43.3M43.2M43.2M43.1M43.1M43.0M
Common Stock Shares Issued35.0M34.7M34.6M29.7M29.7M24.7M24.1M22.9M19.6M43.3M43.2M43.2M43.1M43.1M43.0M
Common Stock Shares Authorized100.0M100.0M100.0M100.0M100.0M100.0M100.0M100.0M100.0M250.0M250.0M250.0M250.0M250.0M250.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Preferred Stock Shares Outstanding0.000.000.000.000.000.000.000.000.00
Preferred Stock Shares Issued0.000.000.000.000.000.000.000.000.00
Weighted Average Number Of Share Outstanding Basic And Diluted43.2M43.1M43.0M32.0M15.3M15.3M14.5M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Stock Issued During Period Value Stock Options Exercised$8.6M$3.0M$2.8M$219.0K$68.0K$164.0K
Stock Granted During Period Value Sharebased Compensation$34.3M$16.8M$5.5M$2.1M$507.0K$983.0K
Interest Income Other$27.8M$21.3M$14.8M$709.0K$14.0K$37.0K
Additional Paid In Capital$1.25B$741.3M$533.8M$288.8M$1.2M$91.0M
Prepaid Expense Current$3.9M$2.4M$562.0K
Interest Paid Net$2.8M$198.0K$0.00$307.0K$345.0K
Capital Expenditures Incurred But Not Yet Paid$245.0K$13.0K$0.00$10.0K
Investment Income Interest
Stock Issued During Period Value Employee Stock Purchase Plan$578.0K$441.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021Q3 2020Q2 2020Q1 2020
Stock Issued During Period Value Stock Options Exercised$1.5M$892.0K$575.0K$401.0K$567.0K$806.0K$607.0K$242.0K$1.1M$22.0K$86.0K$55.0K$71.0K$106.0K$4.0K$3.0K$9.0K$10.0K
Stock Granted During Period Value Sharebased Compensation$9.5M$8.4M$6.4M$4.3M$4.1M$4.1M$1.3M$1.3M$1.0M$382.0K$382.0K$332.0K$1.7M$2.9M$1.6M$161.0K$138.0K$94.0K
Interest Income Other$6.4M$7.1M$6.9M$6.4M$4.6M$4.5M$4.8M$2.9M$2.4M$269.0K$45.0K$7.0K$5.0K$5.0K$1.0K$1.5K
Additional Paid In Capital$1.02B$1.00B$991.9M$735.8M$730.8M$553.7M$524.0M$522.2M$367.9M$314.9M$313.9M$311.5M$307.7M$306.0M$303.0M$5.5M
Prepaid Expense Current$7.3M$9.3M$5.3M$3.7M$4.1M$5.7M$2.9M$4.5M$4.7M$4.7M$3.8M$3.6M$169.6K
Interest Paid Net$698.0K$0.00$47.0K$60.0K$59.0K
Capital Expenditures Incurred But Not Yet Paid$0.00$8.0K$11.0K
Investment Income Interest$5.0K$5.0K$1.0K$1.0K$36.0K
Stock Issued During Period Value Employee Stock Purchase Plan$291.0K$287.0K$196.0K$245.0K$11.0K

Most recent annual filing with the SEC: February 26, 2026

Data sourced from SEC EDGAR public filings as of August 5, 2026.