Zenas BioPharma, Inc. Financial Summary

Quick Answer

Zenas BioPharma, Inc. reported Total Revenue of $10.00 million for fiscal year 2025.

Zenas BioPharma, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022
Total Revenue $10.00M
+100.0%
$5.00M
-90.0%
$50.00M
Revenue (ASC 606) $10.00M
+100.0%
$5.00M
-90.0%
$50.00M
Net Income -$377.74M
-140.6%
-$156.99M
-322.9%
-$37.12M
Diluted EPS -$8.44
+29.0%
-$11.89
+51.0%
-$24.25
Total Assets $383.64M
+3.7%
$369.97M
+442.6%
$68.18M
Cash and Equivalents $110.64M
-65.4%
$319.74M
+462.4%
$56.86M
Long-Term Debt $78.64M
Stockholders Equity $242.14M
-22.5%
$312.46M
+238.4%
-$225.72M
-17.4%
-$192.29M
R&D Expense $168.06M
+20.8%
$139.14M
+131.8%
$60.03M
Operating Income -$383.06M
-133.7%
-$163.89M
-341.2%
-$37.15M
Shares Outstanding 54.49M
+30.4%
41.79M
+2550.4%
1.58M

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $0.00
Revenue (ASC 606) March 31, 2025 $10.00M -80.0%
Net Income September 30, 2025 -$51.50M -33.4% +1.4%
Diluted EPS September 30, 2025 -$1.22 +75.7% +2.4%
Total Assets September 30, 2025 $322.02M -20.2% +9.9%
Cash and Equivalents September 30, 2025 $115.56M -67.9% +162.6%
Long-Term Debt September 30, 2025 $72.99M
Stockholders Equity September 30, 2025 $196.43M -45.4% -18.0%
R&D Expense September 30, 2025 $34.40M +2.6% -20.0%
Operating Income September 30, 2025 -$52.58M -28.3% +4.7%
Shares Outstanding September 30, 2025 42.21M +1.0% +0.3%
  • Zenas BioPharma, Inc. reported Total Revenue of $10.00 million for fiscal year 2025.
  • Zenas BioPharma, Inc. showed an increase of +100.0% in Total Revenue compared to the prior fiscal year.
  • Zenas BioPharma, Inc. reported Revenue (ASC 606) of $10.00 million for fiscal year 2025.
  • Zenas BioPharma, Inc. showed an increase of +100.0% in Revenue (ASC 606) compared to the prior fiscal year.
  • Zenas BioPharma, Inc. reported Net Income of -$377.74 million for fiscal year 2025.
  • Zenas BioPharma, Inc. showed a decrease of -140.6% in Net Income compared to the prior fiscal year.
  • Zenas BioPharma, Inc. reported Diluted EPS of $8.44 per share (loss) for fiscal year 2025.
  • Zenas BioPharma, Inc. showed an increase of +29.0% in Diluted EPS compared to the prior fiscal year.
  • Zenas BioPharma, Inc. reported Total Assets of $383.64 million for fiscal year 2025.
  • Zenas BioPharma, Inc. showed an increase of +3.7% in Total Assets compared to the prior fiscal year.
  • Zenas BioPharma, Inc. reported Cash and Equivalents of $110.64 million for fiscal year 2025.
  • Zenas BioPharma, Inc. showed a decrease of -65.4% in Cash and Equivalents compared to the prior fiscal year.
  • Zenas BioPharma, Inc. reported Long-Term Debt of $78.64 million for fiscal year 2025.
  • Zenas BioPharma, Inc. reported Stockholders Equity of $242.14 million for fiscal year 2025.
  • Zenas BioPharma, Inc. showed a decrease of -22.5% in Stockholders Equity compared to the prior fiscal year.
  • Zenas BioPharma, Inc. reported R&D Expense of $168.06 million for fiscal year 2025.
  • Zenas BioPharma, Inc. showed an increase of +20.8% in R&D Expense compared to the prior fiscal year.
  • Zenas BioPharma, Inc. reported Operating Income of -$383.06 million for fiscal year 2025.
  • Zenas BioPharma, Inc. showed a decrease of -133.7% in Operating Income compared to the prior fiscal year.
  • Zenas BioPharma, Inc. reported Shares Outstanding of 54.49 million shares for fiscal year 2025.
  • Zenas BioPharma, Inc. showed an increase of +30.4% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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