Protagonist Therapeutics, Inc
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
PTGX$135.90+2.9%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(In thousands, except share and per share data)
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
| · · Year Ended December 31, | |||||||||
| · · 2025 · · 2024 · · 2023 | |||||||||
| License and collaboration revenue | | $46,016 | | $434,433 | | $60,000 | |||
| Operating expenses: | | | | | | | | | |
| Research and development | | | 159,290 | | | 138,128 | | | 120,161 |
| General and administrative | | 44,853 | | 43,462 | | 33,491 | |||
| Total operating expenses | | 204,143 | | 181,590 | | 153,652 | |||
| (Loss) income from operations | | (158,127) | | 252,843 | | (93,652) | |||
| Interest income | | 28,789 | | | 26,315 | | 14,898 | ||
| Other income (expense), net | | | 27 | | | 250 | | | (201) |
| (Loss) income before income tax expense | | | (129,311) | | | 279,408 | | | (78,955) |
| Income tax expense | | | 838 | | | 4,220 | | | — |
| Net (loss) income | | $(130,149) | | $275,188 | | $(78,955) | |||
| Net (loss) income per share, basic | | $(2.05) | | $4.47 | | $(1.39) | |||
| Net (loss) income per share, diluted | | $(2.05) | | $4.23 | | $(1.39) | |||
| Weighted-average shares used to compute net (loss) income per share, basic | | 63,573,048 | | 61,566,989 | | 56,763,559 | |||
| Weighted-average shares used to compute net (loss) income per share, diluted | | 63,573,048 | | 65,077,722 | | 56,763,559 | |||
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