Janux Therapeutics, Inc. (JANX) Revenue History
Annual and quarterly revenue from 2019 to present
JANX Revenue Over Time (2019–2025)
JANX Revenue Growth History
2 of 4 years with positive growth- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- +136.8%
- FY2023 revenue growth
- -6.1%
- FY2024 revenue growth
- +31.0%
- FY2025 revenue growth
- -5.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $3.7M | — |
| Q4 2025 | $7.9M | — |
| Q3 2025 | $10.0M | +2177.9% |
| Q2 2025 | $0 | -100.0% |
| Q1 2025 | $0 | -100.0% |
| Q4 2024 | $0 | -100.0% |
| Q3 2024 | $439K | -82.6% |
| Q2 2024 | $8.9M | +741.7% |
Multi-year avg. share of annual revenue by fiscal quarter
JANX Revenue Analysis (2019–2025)
Current Revenue & Growth
As of June 22, 2026, Janux Therapeutics, Inc. (JANX) generated trailing twelve-month (TTM) revenue of $21.6 million. The most recent quarter (Q1 2026) recorded $3.7 million in revenue, down 52.6% sequentially.
Historical Growth Trajectory
JANX's historical revenue data shows a 3-year CAGR of +5.1%. Janux Therapeutics, Inc.'s highest annual revenue of $10.6 million was recorded in 2024.
Peer Comparison
Compared to Healthcare sector peers — including KYMR (-12.6% YoY), RCUS (+67.4% YoY), and TNGX (+39.0% YoY). Compare JANX vs KYMR →
JANX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| JANXCurrent | $22M | - | - | -1576.7% | |
 KYMR | $39M | -12.6% | +2.9% | -891.3% | |
 RCUS | $247M | +67.4% | +25.9% | -156.3% | |
 TNGX | $62M | +39.0% | +52.1% | -178.4% |
JANX Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $10.0M | -5.6% | $8.0M | 79.7% | $-157,667,000 | -1576.7% |
| 2024 | $10.6M | +31.0% | $8.5M | 80.5% | $-98,847,000 | -933.6% |
| 2023 | $8.1M | -6.1% | $6.1M | 75.8% | $-72,979,000 | -902.9% |
| 2022 | $8.6M | +136.8% | $7.8M | 90.2% | $-67,091,000 | -779.0% |
| 2021 | $3.6M | - | $3.6M | 100.0% | $-32,929,000 | -905.4% |
| 2020 | $0 | - | $-13,000 | - | $-4,843,000 | - |
| 2019 | $0 | - | $-6,000 | - | $-3,771,000 | - |
Intrinsic Valuation
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Historical Returns
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Peer Comparison
Compare growth, multiples, and margins vs sector.
JANX — Frequently Asked Questions
Quick answers to the most common questions about buying JANX stock.
Is JANX's revenue growth accelerating or slowing?
JANX TTM revenue: $22M. YoY growth: N/A. 5-year CAGR: N/A.
What is JANX's revenue history from 2019 to 2026?
Janux Therapeutics, Inc. (JANX) revenue history spans 2019 to 2026. TTM revenue as of 2026 is $22M, growing at N/A YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is JANX's long-term revenue growth rate (CAGR)?
Janux Therapeutics, Inc.'s 5-year revenue CAGR of N/A reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of N/A is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for JANX.
Why does JANX's quarterly revenue fluctuate?
JANX quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Janux Therapeutics, Inc.'s revenue data from 2019 to 2026 shows full historical quarterly detail on this page.
How is JANX's revenue distributed by segment?
JANX reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does JANX's revenue compare to industry peers?
Janux Therapeutics, Inc. (JANX) with TTM revenue of $22M and N/A YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.