8-K Announcements
6Mar 2, 2026·SEC
Jan 12, 2026·SEC
Dec 23, 2025·SEC
Dyne Therapeutics, Inc. (DYN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Dyne Therapeutics, Inc. (DYN) stock price & volume — 10-year historical chart
Dyne Therapeutics, Inc. (DYN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Dyne Therapeutics, Inc. (DYN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 2, 2026 | $0.76vs $0.74-2.7% | — |
| Q4 2025 | Nov 5, 2025 | $0.76vs $0.81+6.2% | — |
| Q3 2025 | Jul 28, 2025 | $0.97vs $0.99+2.0% | — |
| Q2 2025 | May 8, 2025 | $1.05vs $0.88-19.3% | — |
Dyne Therapeutics, Inc. (DYN) competitors in Drug Delivery Technology Platforms — business model, growth, and fundamentals comparison
Dyne Therapeutics, Inc. (DYN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Dyne Therapeutics, Inc. (DYN) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 506M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | -62.96% | -100% | - | - | - | - | - | - | - |
| Cost of Goods Sold | 2.93B | 24K | 271K | 700K | 0 | 0 | 2.46M | 2.24M | 2.05M |
| COGS % of Revenue | 579.45% | - | - | - | - | - | - | - | - |
| Gross Profit | -2.43B▲ 0% | -24K▲ 100.0% | -271K▼ 1029.2% | -700K▼ 158.3% | 0▲ 100.0% | 0▲ 0% | -2.46M▲ 0% | -2.24M▲ 8.9% | -2.05M▲ 8.6% |
| Gross Margin % | -479.45% | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | -165.14% | 100% | -1029.17% | -158.3% | 100% | - | - | 8.86% | 8.65% |
| Operating Expenses | 189M | 4.79M | 13.83M | 57.95M | 150.03M | 170.96M | 239.7M | 341.64M | 466.13M |
| OpEx % of Revenue | 37.35% | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 189M | 517K | 2.79M | 12.75M | 28.72M | 28.2M | 31.4M | 62.48M | 69.85M |
| SG&A % of Revenue | 37.35% | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 4.28M | 11.04M | 45.2M | 121.31M | 142.76M | 210.76M | 281.41M | 398.33M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -21K | 0 | 0 | 0 | 0 | -2.46M | -2.24M | 0 |
| Operating Income | -412M▲ 0% | -4.79M▲ 98.8% | -13.83M▼ 188.3% | -58.65M▼ 324.2% | -150.03M▼ 155.8% | -170.96M▼ 14.0% | -242.16M▼ 41.6% | -343.89M▼ 42.0% | -468.18M▼ 36.1% |
| Operating Margin % | -81.42% | - | - | - | - | - | - | - | - |
| Operating Income Growth % | 35.63% | 98.84% | -188.34% | -324.18% | -155.81% | -13.96% | -41.65% | -42.01% | -36.15% |
| EBITDA | 455M | -4.77M | -13.55M | -57.95M | -148.94M | -169.28M | -239.7M | -341.64M | -466.13M |
| EBITDA Margin % | 89.92% | - | - | - | - | - | - | - | - |
| EBITDA Growth % | 261.11% | -101.05% | -184.11% | -327.5% | -157.02% | -13.66% | -41.6% | -42.53% | -36.44% |
| D&A (Non-Cash Add-back) | 867M | 24K | 271K | 700K | 1.09M | 1.68M | 2.46M | 2.24M | 2.05M |
| EBIT | 78M | -4.81M | -14.86M | -59.04M | -150.03M | -170.96M | -235.94M | -317.42M | -440.02M |
| Net Interest Income | 0 | 0 | 290K | -340K | 742K | 0 | 7.64M | 26.92M | 23.67M |
| Interest Income | 0 | 5K | 290K | 56K | 742K | 2.92M | 7.64M | 26.92M | 29.86M |
| Interest Expense | 616M | 5K | 0 | 396K | 0 | 2.92M | 0 | 0 | 6.19M |
| Other Income/Expense | -126M | -16K | -1.03M | -790K | 734K | 2.86M | 6.22M | 26.47M | 21.97M |
| Pretax Income | -538M▲ 0% | -4.81M▲ 99.1% | -14.86M▼ 208.9% | -59.44M▼ 300.0% | -149.29M▼ 151.2% | -168.1M▼ 12.6% | -235.94M▼ 40.4% | -317.42M▼ 34.5% | -446.21M▼ 40.6% |
| Pretax Margin % | -106.32% | - | - | - | - | - | - | - | - |
| Income Tax | -610M | -11K | 0 | -700K | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 113.38% | 0.23% | 0% | 1.18% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 76M▲ 0% | -4.81M▼ 106.3% | -13.54M▼ 181.4% | -58.74M▼ 333.9% | -149.29M▼ 154.2% | -168.1M▼ 12.6% | -235.94M▼ 40.4% | -317.42M▼ 34.5% | -446.21M▼ 40.6% |
| Net Margin % | 15.02% | - | - | - | - | - | - | - | - |
| Net Income Growth % | 106.13% | -106.33% | -181.36% | -333.93% | -154.17% | -12.6% | -40.36% | -34.54% | -40.58% |
| Net Income (Continuing) | 76M | -4.81M | -14.86M | -58.74M | -149.29M | -168.1M | -235.94M | -317.42M | -446.21M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.47▲ 0% | -0.47▼ 200.0% | -0.30▲ 36.2% | -1.24▼ 313.3% | -2.93▼ 136.3% | -3.23▼ 10.2% | -3.95▼ 22.3% | -3.37▲ 14.7% | -3.47▼ 3.0% |
| EPS Growth % | 104.89% | -200% | 36.17% | -313.33% | -136.29% | -10.24% | -22.29% | 14.68% | -2.97% |
| EPS (Basic) | 0.47 | -0.47 | -0.30 | -1.24 | -2.93 | -3.23 | -3.95 | -3.37 | -3.47 |
| Diluted Shares Outstanding | 162M | 10.32M | 45.42M | 47.27M | 50.9M | 51.98M | 59.68M | 94.14M | 128.44M |
| Basic Shares Outstanding | 162M | 10.32M | 45.42M | 47.27M | 50.9M | 51.98M | 59.68M | 94.14M | 128.44M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Dyne Therapeutics, Inc. (DYN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.52B | 8.16M | 14.76M | 349.09M | 382.39M | 265.59M | 129.38M | 659.28M | 1.13B |
| Cash & Short-Term Investments | 397M | 8.12M | 14.63M | 345.31M | 376.57M | 256.01M | 123.1M | 642.27M | 1.11B |
| Cash Only | 365M | 8.12M | 14.63M | 300.85M | 200.82M | 172.15M | 121.63M | 435.45M | 893.37M |
| Short-Term Investments | 32M | 0 | 0 | 44.46M | 175.75M | 83.86M | 1.47M | 206.82M | 217.19M |
| Accounts Receivable | 513M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | 370.05 | - | - | - | - | - | - | - | - |
| Inventory | 445M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 55.4 | - | - | - | - | - | - | - | - |
| Other Current Assets | 169M | 0 | 0 | 0 | 0 | 9.58M | 6.28M | 17.01M | 16.02M |
| Total Non-Current Assets | 10.25B | 110K | 1.68M | 4.25M | 43.27M | 40.73M | 35.71M | 31.95M | 60.37M |
| Property, Plant & Equipment | 8.88B | 110K | 1.49M | 1.95M | 40.96M | 38.41M | 33.39M | 30.01M | 44.77M |
| Fixed Asset Turnover | 0.06x | - | - | - | - | - | - | - | - |
| Goodwill | 772M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | -31M | 0 | 191K | 2.3M | 2.31M | 2.32M | 2.31M | 1.94M | 15.6M |
| Total Assets | 11.77B▲ 0% | 8.27M▼ 99.9% | 16.44M▲ 98.8% | 353.33M▲ 2049.8% | 425.66M▲ 20.5% | 306.32M▼ 28.0% | 165.08M▼ 46.1% | 691.23M▲ 318.7% | 1.19B▲ 71.7% |
| Asset Turnover | 0.04x | - | - | - | - | - | - | - | - |
| Asset Growth % | -9.82% | -99.93% | 98.79% | 2049.76% | 20.47% | -28.04% | -46.11% | 318.72% | 71.72% |
| Total Current Liabilities | 1.05B | 711K | 2.36M | 10.97M | 28.72M | 28.09M | 51.09M | 42.26M | 50.63M |
| Accounts Payable | 367M | 518K | 1.26M | 3.44M | 4.03M | 5.26M | 22.94M | 6.56M | 8.08M |
| Days Payables Outstanding | 45.69 | 7.88K | 1.69K | 1.79K | - | - | 3.4K | 1.07K | 1.44K |
| Short-Term Debt | 105M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5M |
| Deferred Revenue (Current) | 7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 570M | 9K | 562K | 0 | 0 | 0 | 0 | 30.85M | 37.55M |
| Current Ratio | 1.45x | 11.47x | 6.26x | 31.83x | 13.31x | 9.46x | 2.53x | 15.60x | 22.25x |
| Quick Ratio | 1.03x | 11.47x | 6.26x | 31.83x | 13.31x | 9.46x | 2.53x | 15.60x | 22.25x |
| Cash Conversion Cycle | 379.76 | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 8.48B | 12.44M | 42K | 0 | 28.74M | 25.87M | 22.7M | 19.14M | 164.2M |
| Long-Term Debt | 8.33B | 3.38M | 0 | 0 | 0 | 0 | 0 | 0 | 15.28M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 28.74M | 25.87M | 22.7M | 19.14M | 0 |
| Deferred Tax Liabilities | 7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 146M | 9.06M | 42K | 0 | 0 | 0 | 0 | 0 | 148.92M |
| Total Liabilities | 9.87B | 13.15M | 2.4M | 10.97M | 57.47M | 53.96M | 73.79M | 61.4M | 214.83M |
| Total Debt | 8.43B | 3.38M | 0 | 0 | 32.64M | 30.48M | 27.41M | 23.99M | 20.28M |
| Net Debt | 8.07B | -4.75M | -14.63M | -300.85M | -168.19M | -141.66M | -94.21M | -411.46M | -873.09M |
| Debt / Equity | 4.44x | - | - | - | 0.09x | 0.12x | 0.30x | 0.04x | 0.02x |
| Debt / EBITDA | 18.53x | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 17.73x | - | - | - | - | - | - | - | - |
| Interest Coverage | -0.67x | -959.00x | - | -148.10x | - | -58.61x | - | - | -75.61x |
| Total Equity | 1.9B▲ 0% | -4.88M▼ 100.3% | 14.04M▲ 387.7% | 342.37M▲ 2339.2% | 368.2M▲ 7.5% | 252.36M▼ 31.5% | 91.29M▼ 63.8% | 629.84M▲ 589.9% | 972.13M▲ 54.3% |
| Equity Growth % | -6.91% | -100.26% | 387.68% | 2339.21% | 7.54% | -31.46% | -63.83% | 589.92% | 54.35% |
| Book Value per Share | 11.73 | -0.47 | 0.31 | 7.24 | 7.23 | 4.86 | 1.53 | 6.69 | 7.57 |
| Total Shareholders' Equity | 1.9B | -4.88M | 14.04M | 342.37M | 368.2M | 252.36M | 91.29M | 629.84M | 972.13M |
| Common Stock | 1M | 1K | 1K | 5K | 6K | 6K | 6K | 10K | 16K |
| Retained Earnings | -1.85B | -4.89M | -19.75M | -79.18M | -228.47M | -396.57M | -632.51M | -949.93M | -1.4B |
| Treasury Stock | 0 | -7K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 32M | -24K | 0 | -27K | -269K | -571K | 0 | 6K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Dyne Therapeutics, Inc. (DYN) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 585M | -4.16M | -11.83M | -46.51M | -119.56M | -153.65M | -188.16M | -292.37M | -403.21M |
| Operating CF Margin % | 115.61% | - | - | - | - | - | - | - | - |
| Operating CF Growth % | -13.46% | -100.71% | -184.2% | -293% | -157.08% | -28.51% | -22.46% | -55.38% | -37.91% |
| Net Income | 76M | -4.81M | -14.86M | -59.44M | -149.29M | -168.1M | -235.94M | -317.42M | -446.21M |
| Depreciation & Amortization | 867M | 24K | 271K | 700K | 1.09M | 1.68M | 1.67M | -1.93M | 2.05M |
| Stock-Based Compensation | 0 | 1K | 26K | 6.59M | 17.54M | 15.18M | 19.97M | 45.86M | 45.85M |
| Deferred Taxes | 610M | 0 | 0 | 12K | 2.59M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 584M | 21K | 1.32M | 514K | -746K | 2.97M | -173K | 607K | -1.49M |
| Working Capital Changes | -1.6B | 601K | 1.41M | 5.11M | 9.26M | -5.38M | 26.31M | -19.49M | -3.4M |
| Change in Receivables | -47M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 110M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 46M | 635K | 1.69M | 8.57M | 13.7M | -1.24M | 22.97M | -8.96M | 8.25M |
| Cash from Investing | -2.76B | -134K | -1.65M | -45.66M | -137.89M | 87.2M | 83.31M | -204.08M | -28.75M |
| Capital Expenditures | -224M | -134K | -1.65M | -1.16M | -3.62M | -3.07M | -729K | -2.38M | -1.92M |
| CapEx % of Revenue | 44.27% | - | - | - | - | - | - | - | - |
| Acquisitions | -3.32B | 0 | 0 | 0 | 8K | 34K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 784M | 0 | 0 | 0 | -8K | -34K | 0 | 35K | -18.76M |
| Cash from Financing | -1.3B | 12.42M | 19.99M | 380.69M | 157.82M | 37.39M | 54.32M | 809.89M | 890.31M |
| Debt Issued (Net) | 0 | 0 | 0 | -64K | 0 | 0 | 0 | 0 | 147.7M |
| Equity Issued (Net) | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.3B | 5M | 0 | -420K | 584K | 529K | 1.95M | 36.84M | 0 |
| Net Change in Cash | -3.47B▲ 0% | 12.42M▲ 100.4% | 6.51M▼ 47.6% | 288.52M▲ 4333.3% | -99.63M▼ 134.5% | -29.05M▲ 70.8% | -50.52M▼ 73.9% | 313.45M▲ 720.4% | 458.35M▲ 46.2% |
| Free Cash Flow | 361M▲ 0% | -4.3M▼ 101.2% | -13.48M▼ 213.7% | -47.67M▼ 253.6% | -123.18M▼ 158.4% | -156.71M▼ 27.2% | -188.89M▼ 20.5% | -294.75M▼ 56.0% | -405.13M▼ 37.4% |
| FCF Margin % | 71.34% | - | - | - | - | - | - | - | - |
| FCF Growth % | 3.14% | -101.19% | -213.66% | -253.6% | -158.41% | -27.22% | -20.53% | -56.04% | -37.45% |
| FCF per Share | 2.23 | -0.42 | -0.30 | -1.01 | -2.42 | -3.02 | -3.16 | -3.13 | -3.15 |
| FCF Conversion (FCF/Net Income) | 7.70x | 0.87x | 0.87x | 0.79x | 0.80x | 0.91x | 0.80x | 0.92x | 0.90x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Dyne Therapeutics, Inc. (DYN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -49.97% | 3.85% | -0.51% | -295.64% | -32.96% | -42.02% | -54.18% | -137.31% | -88.03% | -55.71% |
| Return on Invested Capital (ROIC) | -5.07% | -3.22% | -0.07% | - | -214.99% | -93.17% | -82.53% | -337.02% | -239.41% | -221.25% |
| Gross Margin | -66.98% | -479.45% | - | - | - | - | - | - | - | - |
| Net Margin | -90.78% | 15.02% | - | - | - | - | - | - | - | - |
| Debt / Equity | 4.40x | 4.44x | - | - | - | 0.09x | 0.12x | 0.30x | 0.04x | 0.02x |
| Interest Coverage | -1.02x | -0.67x | -959.00x | - | -148.10x | - | -58.61x | - | - | -75.61x |
| FCF Conversion | -0.55x | 7.70x | 0.87x | 0.87x | 0.79x | 0.80x | 0.91x | 0.80x | 0.92x | 0.90x |
| Revenue Growth | 62.23% | -62.96% | -100% | - | - | - | - | - | - | - |
Dyne Therapeutics, Inc. (DYN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 2, 2026·SEC
Jan 12, 2026·SEC
Dec 23, 2025·SEC
Dyne Therapeutics, Inc. (DYN) stock FAQ — growth, dividends, profitability & financials explained
Dyne Therapeutics, Inc. (DYN) grew revenue by 0.0% over the past year. Growth has been modest.
Dyne Therapeutics, Inc. (DYN) reported a net loss of $446.2M for fiscal year 2025.
Dyne Therapeutics, Inc. (DYN) has a return on equity (ROE) of -55.7%. Negative ROE indicates the company is unprofitable.
Dyne Therapeutics, Inc. (DYN) had negative free cash flow of $423.9M in fiscal year 2025, likely due to heavy capital investments.
Dyne Therapeutics, Inc. (DYN) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates