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$58.01$296M
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RAPT logoRAPT Therapeutics, Inc.(RAPT)Earnings, Financials & Key Ratios

RAPT•NASDAQ
Price updated Apr 24, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryImmunology and Inflammation Therapies
AboutRAPT Therapeutics, Inc., a clinical-stage immunology-based biopharmaceutical company, focuses on discovering, developing, and commercializing oral small molecule therapies for patients with unmet needs in oncology and inflammatory diseases. Its lead inflammation drug candidate is RPT193, a C-C motif chemokine receptor 4 (CCR4) antagonist that selectively inhibit the migration of type 2 T helper cells into inflamed tissues. The company's lead oncology drug candidate is FLX475, an oral small molecule CCR4 antagonist that is in the Phase 1/2 clinical trial to investigate as a monotherapy and in combination with pembrolizumab in patients with advanced cancer. It also focuses on the development of hematopoietic progenitor kinase 1 inhibitor. The company was formerly known as FLX Bio, Inc. and changed its name to RAPT Therapeutics, Inc. in May 2019. RAPT Therapeutics, Inc. was incorporated in 2015 and is headquartered in South San Francisco, California.Show more
  • Revenue$0
  • EBITDA-$135M-7.2%
  • Net Income-$130M-11.2%
  • EPS (Diluted)-25.49-4.6%
  • ROE-77.09%-29.4%

RAPT Key Insights

RAPT Therapeutics, Inc. (RAPT) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Momentum leader: RS Rating 98 (top 2%)
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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RAPT Price & Volume

RAPT Therapeutics, Inc. (RAPT) stock price & volume — 10-year historical chart

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RAPT Growth Metrics

RAPT Therapeutics, Inc. (RAPT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM1.73%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM50.24%

Return on Capital

10 Years-59.56%
5 Years-57.23%
3 Years-60.38%
Last Year-79.25%

RAPT Recent Earnings

RAPT Therapeutics, Inc. (RAPT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)
Q2 2026Latest
Mar 5, 2026
Metric
Actual
Est
EPS
$9.12-1008.2%
$0.82
Rev
—
—
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.65+26.1%
$0.88
Rev
—
—
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.65-6.6%
$0.61
Rev
—
—
Q2 2025
May 8, 2025
Metric
Actual
Est
EPS
$0.64+74.2%
$2.48
Rev
—
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 5, 2026
$9.12vs $0.82-1008.2%
—
Q4 2025Nov 6, 2025
$0.65vs $0.88+26.1%
—
Q3 2025Aug 7, 2025
$0.65vs $0.61-6.6%
—
Q2 2025May 8, 2025
$0.64vs $2.48+74.2%
—
Based on last 12 quarters of dataView full earnings history →

RAPT Peer Comparison

RAPT Therapeutics, Inc. (RAPT) competitors in Immunology and Inflammation Therapies — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
KYMR logoKYMRKymera Therapeutics, Inc.Direct Competitor7.38B90.43-24.51-16.72%-6.12%-25.02%0.05
ARVN logoARVNArvinas, Inc.Direct Competitor494.88M7.67-5.99-0.3%-247.54%-44.39%0.02
PRAX logoPRAXPraxis Precision Medicines, Inc.Direct Competitor8.15B282.31-20.94-100%-43.02%0.00
IMVT logoIMVTImmunovant, Inc.Direct Competitor7.26B35.34-12.76-68.16%0.00
RCUS logoRCUSArcus Biosciences, Inc.Direct Competitor2.45B24.31-7.39-4.26%-156.36%-68.97%0.16
INCY logoINCYIncyte CorporationProduct Competitor19.62B98.2215.3221.22%26.71%29.31%0.01
ABBV logoABBVAbbVie Inc.Product Competitor383.17B216.6391.418.57%6.91%62.15%
LGND logoLGNDLigand Pharmaceuticals IncorporatedProduct Competitor5.51B274.8844.8460.4%55.95%16.19%0.44

Compare RAPT vs Peers

RAPT Therapeutics, Inc. (RAPT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KYMR

Most directly comparable listed peer for RAPT.

Scale Benchmark

vs ABBV

Larger-name benchmark to compare RAPT against a more recognizable public peer.

Peer Set

Compare Top 5

vs KYMR, ARVN, PRAX, IMVT

RAPT Income Statement

RAPT Therapeutics, Inc. (RAPT) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Sales/Revenue
0005.04M3.81M1.53M000
Revenue Growth %
-----24.38%-59.95%-100%--
Cost of Goods Sold
1.38M1.24M1.33M00000200K
COGS % of Revenue
---------
Gross Profit
-1.38M▲ 0%
-1.24M▲ 10.6%
-1.33M▼ 7.5%
5.04M▲ 479.1%
3.81M▼ 24.4%
1.53M▼ 60.0%
0▼ 100.0%
0▲ 0%
-200K▲ 0%
Gross Margin %
---100%100%100%---
Gross Profit Growth %
-10.62%-7.52%479.1%-24.38%-59.95%-100%--
Operating Expenses
29.33M36.95M43.63M58.26M73.02M87.32M127.06M136.1M112.44M
OpEx % of Revenue
---1155.41%1915.08%5718.53%---
Selling, General & Admin
3.71M5.18M8.72M12.77M16.04M20.24M26.06M28.88M29.76M
SG&A % of Revenue
---253.29%420.59%1325.47%---
Research & Development
25.62M31.77M34.91M45.48M56.98M67.08M101M107.22M82.87M
R&D % of Revenue
---902.12%1494.49%4393.06%---
Other Operating Expenses
216K800K1.29M00000-200K
Operating Income
-29.33M▲ 0%
-36.95M▼ 26.0%
-43.63M▼ 18.1%
-53.21M▼ 22.0%
-69.21M▼ 30.1%
-85.8M▼ 24.0%
-127.06M▼ 48.1%
-136.1M▼ 7.1%
-112.64M▲ 0%
Operating Margin %
----1055.41%-1815.08%-5618.53%---
Operating Income Growth %
--25.97%-18.09%-21.97%-30.06%-23.97%-48.1%-7.11%-
EBITDA
-27.95M-35.71M-42.3M-52.09M-68.21M-84.75M-125.85M-134.9M-111.69M
EBITDA Margin %
----1033.14%-1788.96%-5549.97%---
EBITDA Growth %
--27.78%-18.45%-23.15%-30.95%-24.24%-48.49%-7.19%1.69%
D&A (Non-Cash Add-back)
1.38M1.24M1.33M1.12M996K1.05M1.22M1.2M944K
EBIT
-29.33M-36.95M-43.63M-53.21M-69.21M-85.8M-127.06M-136.1M-108.95M
Net Interest Income
000000000
Interest Income
000000000
Interest Expense
000000000
Other Income/Expense
216K800K1.29M1.31M5K1.96M10.26M6.24M7M
Pretax Income
-29.11M▲ 0%
-36.15M▼ 24.2%
-42.34M▼ 17.1%
-51.9M▼ 22.6%
-69.2M▼ 33.3%
-83.84M▼ 21.1%
-116.8M▼ 39.3%
-129.87M▼ 11.2%
-105.64M▲ 0%
Pretax Margin %
----1029.39%-1814.95%-5490.37%---
Income Tax
00660K990K00000
Effective Tax Rate %
0%0%-1.56%-1.91%0%0%0%0%0%
Net Income
-29.11M▲ 0%
-36.15M▼ 24.2%
-43M▼ 19.0%
-52.89M▼ 23.0%
-69.2M▼ 30.8%
-83.84M▼ 21.1%
-116.8M▼ 39.3%
-129.87M▼ 11.2%
-105.64M▲ 0%
Net Margin %
----1049.03%-1814.95%-5490.37%---
Net Income Growth %
--24.15%-18.95%-23.01%-30.84%-21.15%-39.31%-11.19%1.73%
Net Income (Continuing)
-29.11M-36.15M-43M-52.89M-69.2M-83.84M-116.8M-129.87M-105.64M
Discontinued Operations
000000000
Minority Interest
000000000
EPS (Diluted)
-10.95▲ 0%
-13.59▼ 24.2%
-15.75▼ 15.9%
-17.53▼ 11.3%
-20.21▼ 15.3%
-20.61▼ 2.0%
-24.37▼ 18.2%
-25.49▼ 4.6%
-3.92▲ 0%
EPS Growth %
--24.15%-15.94%-11.28%-15.29%-1.97%-18.25%-4.58%50.24%
EPS (Basic)
-10.95-13.59-15.75-17.53-20.21-20.61-24.37-25.49-
Diluted Shares Outstanding
2.66M2.66M2.73M3.02M3.42M4.07M4.79M5.1M26.96M
Basic Shares Outstanding
2.66M2.66M2.73M3.02M3.42M4.07M4.79M5.1M26.96M
Dividend Payout Ratio
---------

RAPT Balance Sheet

RAPT Therapeutics, Inc. (RAPT) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Total Current Assets
48.24M65.06M80.51M115.6M192.97M252.69M161.78M235.24M161.04M
Cash & Short-Term Investments
47.52M63.8M77.38M111.51M189.65M249.07M158.86M231.06M157.34M
Cash Only
47.52M63.8M77.38M24.92M24.03M38.95M47.48M169.74M37.93M
Short-Term Investments
00086.59M165.63M210.12M111.38M61.32M119.41M
Accounts Receivable
000000000
Days Sales Outstanding
---------
Inventory
000000000
Days Inventory Outstanding
---------
Other Current Assets
0004.09M3.32M3.63M2.92M4.18M3.7M
Total Non-Current Assets
2.15M4.55M4.1M3.37M5.66M13.52M11.55M5.09M4.69M
Property, Plant & Equipment
1.91M4.16M3.71M2.98M2.74M9.48M7.68M4.7M2.65M
Fixed Asset Turnover
---1.69x1.39x0.16x--0.00x
Goodwill
000000000
Intangible Assets
000000000
Long-Term Investments
605K598K0000000
Other Non-Current Assets
-369K-209K389K389K2.92M4.04M3.87M389K2.05M
Total Assets
50.39M▲ 0%
69.61M▲ 38.1%
84.6M▲ 21.5%
118.97M▲ 40.6%
198.64M▲ 67.0%
266.21M▲ 34.0%
173.33M▼ 34.9%
240.32M▲ 38.7%
165.74M▲ 0%
Asset Turnover
---0.04x0.02x0.01x--0.00x
Asset Growth %
-38.14%21.54%40.62%66.96%34.02%-34.89%38.65%152.12%
Total Current Liabilities
3.25M4.64M9.26M11.74M9.6M14.22M21.84M48.35M13.38M
Accounts Payable
1.11M1.77M1.14M2.38M2M3.37M5.18M1.27M2.1M
Days Payables Outstanding
291.68522.57313.68-----4.04K
Short-Term Debt
000000002.21M
Deferred Revenue (Current)
004M4.1M1.02M0000
Other Current Liabilities
650K586K2.25M2.3M2.93M4.65M7.91M6.78M9.06M
Current Ratio
14.85x14.01x8.70x9.84x20.11x17.77x7.41x4.87x12.04x
Quick Ratio
14.85x14.01x8.70x9.84x20.11x17.77x7.41x4.87x12.04x
Cash Conversion Cycle
---------
Total Non-Current Liabilities
109.55M969K2.23M3.05M2.66M6.82M4.46M2.07M387K
Long-Term Debt
108.64M0000000387K
Capital Lease Obligations
000006.82M4.46M2.07M4.55M
Deferred Tax Liabilities
-108.64M-162.08M0000000
Other Non-Current Liabilities
905K969K2.23M2.19M2.15M0000
Total Liabilities
112.8M5.61M11.48M14.79M12.26M21.04M26.29M50.42M13.76M
Total Debt
108.64M161.11M0008.99M6.91M4.49M2.6M
Net Debt
61.13M97.31M-77.38M-24.92M-24.03M-29.96M-40.57M-165.24M-35.33M
Debt / Equity
-2.52x---0.04x0.05x0.02x0.02x
Debt / EBITDA
---------0.02x
Net Debt / EBITDA
--------0.32x
Interest Coverage
---------
Total Equity
-62.41M▲ 0%
64M▲ 202.6%
73.12M▲ 14.3%
104.18M▲ 42.5%
186.38M▲ 78.9%
245.17M▲ 31.5%
147.03M▼ 40.0%
189.9M▲ 29.2%
151.98M▲ 0%
Equity Growth %
-202.55%14.26%42.47%78.9%31.54%-40.03%29.16%174.38%
Book Value per Share
-23.4624.0626.7934.5354.4460.2730.6837.275.64
Total Shareholders' Equity
-62.41M64M73.12M104.18M186.38M245.17M147.03M189.9M151.98M
Common Stock
1K2K2K2K3K3K3K13K2K
Retained Earnings
-82.81M-118.95M-161.95M-214.84M-284.05M-367.88M-484.68M-614.55M-666.93M
Treasury Stock
000000000
Accumulated OCI
-3.77M-4K20K-177K-206K-26K103K50K100K
Minority Interest
000000000

RAPT Cash Flow Statement

RAPT Therapeutics, Inc. (RAPT) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Cash from Operations
-27.12M-32.95M-35.47M-40.49M-61.03M-70.77M-97.05M-83.3M-86.58M
Operating CF Margin %
----803.07%-1600.47%-4634.64%---
Operating CF Growth %
--21.49%-7.65%-14.14%-50.71%-15.97%-37.13%14.17%58.14%
Net Income
-29.11M-36.15M-43M-52.89M-69.2M-83.84M-116.8M-129.87M-105.64M
Depreciation & Amortization
1.38M1.24M1.33M1.12M996K1.05M3.55M1.2M972K
Stock-Based Compensation
716K1.17M2.05M8.69M9.95M11.26M019.93M18.8M
Deferred Taxes
15K17K0000000
Other Non-Cash Items
-9K-14K9K248K1.53M2.09M10.7M-477K-568K
Working Capital Changes
-114K784K4.13M2.34M-4.3M-1.33M5.5M25.91M-150K
Change in Receivables
000000000
Change in Inventory
000000000
Change in Payables
-80K1.48M736K2.39M933K3.71M7.33M-8.46M3.33M
Cash from Investing
-1.12M-3.5M-843K-87.44M-81.35M-45.49M104.13M52.7M-56.7M
Capital Expenditures
-1.12M-3.5M-888K-398K-755K-845K-1.13M-122K-84K
CapEx % of Revenue
---7.89%19.8%55.34%---
Acquisitions
00087.04M80.59M44.65M000
Investments
---------
Other Investing
0045K-87.04M-80.59M-44.65M000
Cash from Financing
30.1M52.73M49.9M75.46M141.48M131.18M1.45M152.85M143.31M
Debt Issued (Net)
000000000
Equity Issued (Net)
001000K1000K1000K1000K1000K1000K1.2M
Dividends Paid
000000000
Share Repurchases
000000000
Other Financing
30.1M52.73M01.85M2.02M1.39M0845K77K
Net Change in Cash
1.85M▲ 0%
16.28M▲ 777.7%
13.59M▼ 16.6%
-52.47M▼ 486.2%
-891K▲ 98.3%
14.92M▲ 1774.4%
8.53M▼ 42.8%
122.26M▲ 1332.9%
30K▲ 0%
Free Cash Flow
-28.25M▲ 0%
-36.45M▼ 29.1%
-36.36M▲ 0.2%
-40.89M▼ 12.4%
-61.78M▼ 51.1%
-71.62M▼ 15.9%
-98.17M▼ 37.1%
-83.42M▲ 15.0%
-86.66M▲ 0%
FCF Margin %
----810.97%-1620.27%-4689.98%---
FCF Growth %
--29.05%0.25%-12.45%-51.09%-15.92%-37.08%15.03%14.03%
FCF per Share
-10.62-13.70-13.32-13.55-18.04-17.61-20.49-16.37-3.21
FCF Conversion (FCF/Net Income)
0.93x0.91x0.83x0.77x0.88x0.84x0.83x0.64x0.82x
Interest Paid
000000000
Taxes Paid
00660K990K00000

RAPT Key Ratios

RAPT Therapeutics, Inc. (RAPT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2018201920202021202220232024TTM
Return on Equity (ROE)
-4538.23%-62.71%-59.66%-47.64%-38.85%-59.56%-77.09%-61.81%
Return on Invested Capital (ROIC)
-34.63%-41.67%-106.43%-42.97%-34.09%-59.25%-155.69%-87.1%
Gross Margin
--100%100%100%---
Net Margin
---1049.03%-1814.95%-5490.37%---
Debt / Equity
2.52x---0.04x0.05x0.02x0.02x
FCF Conversion
0.91x0.83x0.77x0.88x0.84x0.83x0.64x0.82x
Revenue Growth
----24.38%-59.95%-100%--
Related:RAPT Dividend History·RAPT Revenue History·RAPT Price History·RAPT P/E History·RAPT Financial Ratios·RAPT Institutional Holders

RAPT SEC Filings & Documents

RAPT Therapeutics, Inc. (RAPT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 3, 2026·SEC

Material company update

Jan 20, 2026·SEC

Material company update

Jan 14, 2026·SEC

10-K Annual Reports

2
FY 2025

Mar 6, 2025·SEC

FY 2024

Mar 7, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

FY 2025

May 8, 2025·SEC

RAPT Frequently Asked Questions

RAPT Therapeutics, Inc. (RAPT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

RAPT Therapeutics, Inc. (RAPT) grew revenue by 0.0% over the past year. Growth has been modest.

RAPT Therapeutics, Inc. (RAPT) reported a net loss of $105.6M for fiscal year 2024.

Dividend & Returns

RAPT Therapeutics, Inc. (RAPT) has a return on equity (ROE) of -77.1%. Negative ROE indicates the company is unprofitable.

RAPT Therapeutics, Inc. (RAPT) had negative free cash flow of $86.7M in fiscal year 2024, likely due to heavy capital investments.

What if you invested $1,000 in RAPT back in 2017?

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