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Krystal Biotech, Inc.

For the period ended Dec 31, 2025. Filed Feb 17, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 17, 2026

KRYS$306.50+1.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets as of and

Consolidated Balance Sheets

December 31,
(in thousands, except par value)20252024
Assets
Current assets
Cash and cash equivalents$496,304$344,865
Short-term investments331,487252,652
Accounts receivable, net127,425104,746
Inventory40,47526,508
Prepaid taxes14,0061,617
Prepaid expenses and other current assets14,90511,657
Total current assets1,024,602742,045
Property and equipment, net150,776155,168
Long-term investments128,066152,114
Right-of-use assets7,2396,280
Deferred tax asset, net of valuation allowance22,824—
Other non-current assets287231
Total assets$1,333,794$1,055,838
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable$3,238$4,985
Current portion of lease liability1,7711,217
Accrued rebates58,18136,804
Accrued expenses and other current liabilities39,75258,989
Total current liabilities102,942101,995
Lease liability7,5686,044
Other long-term liabilities3,7241,419
Total liabilities114,234109,458
Commitments and contingencies (see note 7)
Stockholders' equity
Common stock; $0.00001 par value; 80,000 shares authorized as of December 31, 2025 and 2024; 29,192 and 28,794 shares issued and outstanding as of December 31, 2025 and 2024, respectively.——
Additional paid-in capital1,194,2611,127,238
Accumulated other comprehensive income (loss)1,136(190)
Retained earnings (accumulated deficit)24,163(180,668)
Total stockholders’ equity1,219,560946,380
Total liabilities and stockholders’ equity$1,333,794$1,055,838
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.