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Financial statements

IDEAYA Biosciences, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data IDEAYA Biosciences, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2017FY2019FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue019.527.950.923.47219
Research and development12.431.734.339.758.289.5130295315
General and administrative2.054.679.9515.220.123.928.339.363.3
Operating expenses14.436.444.354.978.2113158334378
Operating income-14.4-36.4-44.3-35.3-50.3-62.5-134-327-159
Interest income0.151.992.29
Other non-operating income2.432.072.30.850.513.8521.552.545.6
Income tax00000000
Net income-11.9-34.3-42-34.5-49.8-58.7-113-274-114
EBITDA-14-35.5-43-34-48.5-60.4-132-325-157
EPS, basic-17.06-35.92-3.36-1.40-1.41-1.42-1.96-3.36-1.28
EPS, diluted-17.06-35.92-3.36-1.40-1.41-1.42-1.96-3.36-1.28
Shares, basic (weighted)0.70.9612.524.735.341.457.581.788.5
Shares, diluted (weighted)0.70.9612.524.735.341.457.581.788.5

Balance sheet

FY2017FY2019FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents5.9620.534.1729268.615784.4113
Short-term investments69.564.9212155296368592527
Receivables1.881.10.210.020
Other current assets0.712.73.143.125.417.513.421.4
Total current assets90.7102289251370533690667
Property, plant and equipment5.154.644.274.766.516.168.978.22
Lease right-of-use assets5.065.213.92.482.2518.823.1
Long-term investments1.5301218.32107406410
Other non-current assets0.050.020.080.290.10.03
Total assets96.51132983813886491,1241,109
Accounts payable1.420.710.952.14.286.615.417.6
Accrued liabilities3.585.028.5212.31718.830.440.9
Deferred revenue27.6298.57
Total current liabilities5.416.9438.645.231.727.146.158.8
Lease liabilities5.635.183.481.611.1318.927.6
Other non-current liabilities0.110.030.01
Total liabilities7.112.610079.838.528.264.986.4
Paid-in capital1.61933254795889691,6811,757
Retained earnings-50.5-92.5-127-177-235-348-623-737
Other comprehensive income-0.030.070.01-0.71-2.870.560.812.27
Shareholders' equity-15.7-48.91001983023496211,0591,023
Total equity-15.7-48.91001983023496211,0591,023
Total liabilities and equity96.51132983813886491,1241,109
Shares outstanding1.3420.329.538.548.26586.587.8

Cash flow statement

FY2017FY2019FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-11.9-34.3-42-34.5-49.8-58.7-113-274-114
Depreciation and amortization0.390.891.251.381.732.12.482.392.7
Stock-based compensation0.140.952.173.618.2411.618.534.746.1
Change in receivables0-1.880.770.890.1900
Change in payables0.250.32-0.20.231.171.862.648.282.7
Cash from operations-12.2-27.6-39.355.5-55.8-87.2-115-248-71.1
Capital expenditures-1.76-1.71-1.35-0.49-2.64-3.44-2.37-3.86-2.37
Purchases of investments-13.5-133-88-242-315-256-596-1,191-608
Sales and maturities of investments244226440693680
Cash from investing-8.93-63.22.27-146-69.7-33.4-158-50370
Stock issued0.230.0950.31018686.12812740
Cash from financing17.510550.612914597.236367829.8
Net change in cash-3.6614.613.63820-23.489-72.628.7
Free cash flow-14-29.3-40.755-58.4-90.6-118-251-73.5
Interest paid0.020.10.090.080.070.060.070.030
Income taxes paid000000

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $36.69 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-92.7%Operating income / revenue.
EBITDA margin-91.5%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-74.8%Net income / revenue.
FCF margin-48.6%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-47.7%Cash from operations / revenue.
Return on equity (ROE)-14.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-13.4%Net income / average total assets.
Return on invested capital (ROIC)-18.5%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue159.7%Research and development expense / revenue.
Stock-based pay / revenue23.6%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.9%Capital expenditures / revenue.
D&A / revenue1.2%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y3,024.0%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y62.5%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y62.1%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y-3.4%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y43.0%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y38.8%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-1.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y41.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y30.0%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y8.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y28.8%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y29.1%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio10.5xCurrent assets / current liabilities.
Quick ratio10.0x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio10.0x(Cash + short-term investments) / current liabilities.
Liabilities / assets8.5%Total liabilities / total assets.
Working capital$781.3MCurrent assets - current liabilities.
Tangible book value$1.20BShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.18xRevenue / average total assets.
Fixed asset turnover28.3xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.90Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$2.54Revenue / diluted weighted shares.
FCF per share-$1.24Free cash flow / diluted weighted shares.
Operating cash flow per share-$1.21Cash from operations / diluted weighted shares.
Book value per share$12.44Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$12.44Tangible book value / shares outstanding.
Cash per share$8.60(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$3.54BShare price x shares outstanding.
Enterprise value$2.71BMarket cap + total debt - cash - short-term investments.
P/S15.1xMarket cap / revenue.
P/B2.95xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book2.95xMarket cap / tangible book value, when positive.
EV/Sales11.6xEnterprise value / revenue.
FCF yield-3.2%Free cash flow / market cap.
Earnings yield-4.9%Net income / market cap (the inverse of P/E).
What was IDEAYA Biosciences, Inc.'s revenue in fiscal 2025?

IDEAYA Biosciences, Inc. reported revenue of $218.7M for fiscal 2025, 3,024.4% higher than the year before.

Was IDEAYA Biosciences, Inc. profitable in fiscal 2025?

No. It reported a net loss of $113.7M.

How much free cash flow did IDEAYA Biosciences, Inc. generate in fiscal 2025?

Cash from operations of $71.1M minus capital expenditures of $2.4M left free cash flow of -$73.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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