Equillium, Inc. (EQ)
It posted a net loss of $18M. In fiscal 2025 capital spending exceeded operating cash flow by $22.8M. At June 30, 2026 it held $57.2M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 13, 2026.
Key facts about Equillium, Inc.
- Net worth
- Equillium, Inc. has a market value (market cap) of $95.1M at the latest share price, and shareholders' equity of $56M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2024 revenue was $41.1M (+13.9% year on year), with a net loss of $8.1M.
- Cash flow
- In fiscal 2025 operations used $22.7M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 13, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Equillium, Inc.'s next report is expected around November 12, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
What Equillium, Inc. does
Equillium, Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker EQ.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | -$22.4M | -$0.39 | -$22.8M |
| 2024 | $41.1M | -$8.1M | -$0.23 | -$19.1M |
| 2023 | $36.1M | -$13.3M | -$0.38 | -$21.8M |
| 2022 | $15.8M | -$62.4M | -$1.85 | -$9M |
| 2021 | n/a | -$39.1M | -$1.36 | -$32.1M |
| 2020 | n/a | -$29.8M | -$1.46 | -$24.8M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Latest SEC filings
What Equillium, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 4, 2026Passive stake changed SCHEDULE 13G/A
- October 26, 2026
- October 5, 2026Other event 8-K
- August 13, 2026
- August 13, 2026Passive stake (5% or more) SCHEDULE 13G
- August 13, 2026
- August 12, 2026Passive stake changed SCHEDULE 13G/A
- May 29, 2026
- May 15, 2026Passive stake changed SCHEDULE 13G/A
- May 15, 2026Passive stake changed SCHEDULE 13G/A
Insider trades
What the people running Equillium, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| June 5, 2026 | Connelly StephenPresident and CSO | Sold | 30,975 | $91.1K |
| June 5, 2026 | Zedelmayer ChristineSr. Vice President and COO | Exercised options | 14,584 | $11.4K |
| June 5, 2026 | Zedelmayer ChristineSr. Vice President and COO | Soldpre-planned (10b5-1) | 14,584 | $42.7K |
| June 4, 2026 | Connelly StephenPresident and CSO | Sold | 200,000 | $632.8K |
| May 28, 2026 | Zedelmayer ChristineSr. Vice President and COO | Exercised options | 7,292 | $5.3K |
| May 28, 2026 | Zedelmayer ChristineSr. Vice President and COO | Exercised options | 48,512 | $37.4K |
| May 28, 2026 | Zedelmayer ChristineSr. Vice President and COO | Soldpre-planned (10b5-1) | 55,604 | $150.1K |
| May 28, 2026 | Zedelmayer ChristineSr. Vice President and COO | Soldpre-planned (10b5-1) | 200 | $542 |
Who owns EQ
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Janus Henderson Group PLC13G, passive | 9.99% | February 6, 2026 |
| ADAR1 Capital Management, LLC13G, passive with 2 related filers | 9.9% | May 15, 2026 |
| RA Capital Management, L.P.13G, passive with 3 related filers | 9.9% | March 20, 2026 |
| Xiangmin Cui13G, passive with 4 related filers | 8.9% | May 15, 2026 |
| Adage Capital Management, L.P.13G, passive with 2 related filers | 7.25% | August 12, 2026 |
| Affinity Asset Advisors, LLC13G, passive with 1 related filers | 6.5% | August 13, 2026 |
| Woodline Partners LP13G, passive | 5.9% | November 14, 2025 |
| Aberdeen Group plc13G, passive with 1 related filers | 5.3% | May 7, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 60 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Jupiter Topco LLC | 6,494,571 | new |
| Decheng Capital LLC | 4,447,308 | 0 |
| Affinity Asset Advisors, LLC | 4,100,000 | +2,873,690 |
| ADAR1 Capital Management, LLC | 3,758,569 | +31,910 |
| Aberdeen Group plc | 3,631,659 | +278,822 |
| Woodline Partners LP | 3,500,901 | 0 |
| RA Capital Management, L.P. | 3,096,336 | 0 |
| Stempoint Capital LP | 2,016,607 | new |
| Vanguard Capital Management LLC | 1,822,812 | +38,340 |
| Eversept Partners, LP | 1,520,824 | +21,831 |
| Adage Capital Partners GP, L.L.C. | 1,390,253 | -3,939,163 |
| Renaissance Technologies LLC | 637,617 | -19,347 |
| Exome Asset Management LLC | 552,956 | new |
| DG Capital Management, LLC | 463,396 | new |
| Diadema Partners LP | 400,282 | -33,562 |
| Geode Capital Management, LLC | 381,175 | +2,362 |
| Balyasny Asset Management L.P. | 344,409 | -1,294,361 |
| Tudor Investment Corp ET AL | 320,100 | +300,000 |
| Ikarian Capital, LLC | 303,555 | 0 |
| BlackRock, Inc. | 285,409 | +157,557 |
Insiders
2 insiders reported holding 824,611 shares in total, about $1.2M at the last price.
| Holder | Shares |
|---|---|
| Connelly StephenPresident and CSO | 762,025 |
| Zedelmayer ChristineSr. Vice President and COO | 62,586 |
Questions about EQ
What does Equillium, Inc. do?
Equillium, Inc. is a company in the Health care sector, listed on NASDAQ as EQ. Its shares trade on NASDAQ under the ticker EQ.
What is Equillium, Inc.'s net worth?
Equillium, Inc. has a market value (market cap) of $95.1M at the latest share price, and shareholders' equity of $56M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Equillium, Inc. profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $18M.
When did Equillium, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 13, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the passive stake changed from November 4, 2026.
When is Equillium, Inc.'s next earnings report?
Equillium, Inc.'s next report is expected around November 12, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Similar companies
Compare EQ with
Follow EQ
Get an email when Equillium, Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Equillium, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.