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NASDAQ · Health care

Zenas BioPharma, Inc. (ZBIO)

It posted a net loss of $484.4M. In fiscal 2025 capital spending exceeded operating cash flow by $172.4M. At June 30, 2026 it held $196.6M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 13, 2026.

What Zenas BioPharma, Inc. does

Zenas BioPharma, Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker ZBIO.

Revenue and profit by year

Revenue
FY24: $50M $50M FY24FY24: $5M $5M FY24FY25: $10M $10M FY25
Net income
FY24: -$37.1M -$37.1M FY24FY24: -$157M -$157M FY24FY25: -$377.7M -$377.7M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$10M-$383.1M-$377.7M-$8.44-$172.4M
2024$5M-$163.9M-$157M-$11.89-$119.8M
2024$50M-$37.1M-$37.1M-$24.25-$30.5M
Next report expected around October 16, 2026.

Estimated from its filing rhythm: about 64 days after its last report of August 13, 2026, its usual gap. Not a date the company has announced. See the report calendar

Where ZBIO ranks in Health care

Revenue$10M
#435 of 523 in Health care · Bottom 17%
Revenue growth+100.0%
#44 of 437 in Health care · Top 10%
Net margin-3,777.4%
#447 of 447 in Health care · Bottom 1%
Free cash flow margin-1,723.5%
#408 of 408 in Health care · Bottom 1%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What Zenas BioPharma, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 11, 2026
  2. September 11, 2026
  3. September 8, 2026
  4. September 8, 2026
  5. August 19, 2026
  6. August 17, 2026
  7. August 13, 2026
    Quarterly report 10-Q · period to June 30, 2026
  8. August 13, 2026
  9. May 13, 2026
    Quarterly report 10-Q · period to March 31, 2026
  10. May 13, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 8, 2026. Insider transactions on SEC

Insider trades

What the people running Zenas BioPharma, 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.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about ZBIO

What does Zenas BioPharma, Inc. do?

Zenas BioPharma, Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker ZBIO.

Is Zenas BioPharma, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $484.4M.

When did Zenas BioPharma, 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 shelf registration to sell securities from September 11, 2026.

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Where the numbers come from

Financial figures are the values Zenas BioPharma, 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.