Kezar Life Sciences, Inc. (KZR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | -100% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 0 | 176K | 0 | 0 | 0 | 0 | 0 | 0 | 260K | 280K | 278K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | 3.97% | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0 | -176K | 0 | 0 | 0 | 0 | 0 | 0 | -260K | -280K | 6.72M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | 96.03% | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | - | - | - | - | 100% | 100% | -100% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | 7.37M | 8.15M | 11.71M | 14.6M | 17.63M | 21.56M | 21.95M | 23.38M | 23.45M | 28.12M | 32.25M | 26.78M | 24.52M | 20.03M | 18.93M | 16.32M | 15.88M | 14.1M | 14.5M | 13.01M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - | 460.7% | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 5.21M | 3.25M | 4.8M | 5.02M | 5.45M | 5.54M | 5.71M | 5.6M | 6.28M | 5.48M | 8.79M | 5.79M | 6.21M | 5.17M | 5.07M | 4.98M | 4.93M | 4.32M | 3.97M | 3.67M |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - | 125.56% | - | - | - | - | - | - | - | - | - |
| Research & Development | 1.54M | 5.08M | 6.91M | 9.58M | 12.18M | 16.03M | 16.24M | 16.3M | 17.17M | 22.64M | 23.74M | 21M | 18.32M | 14.86M | 13.86M | 11.35M | 10.94M | 9.78M | 10.53M | 9.34M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | 339.11% | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 612K | -176K | 0 | 0 | 0 | -12K | 0 | 1000K | 0 | 0 | -278K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -7.37M | -8.33M | -11.71M | -14.6M | -17.63M | -21.56M | -21.95M | -23.38M | -23.71M | -28.4M | -25.53M | -26.78M | -24.52M | -20.03M | -18.93M | -16.32M | -15.88M | -14.1M | -14.5M | -13.01M |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | -364.67% | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | 58.22% | 61.38% | 46.62% | 37.57% | 25.65% | 24.08% | 14.02% | 12.7% | 3.32% | -41.77% | -34.87% | -64.09% | -54.45% | -42.05% | -30.54% | -25.47% | -21.69% | -27.42% | -25.52% | -32.03% |
| EBITDA | -7.37M | -8.15M | -11.49M | -14.36M | -17.38M | -21.3M | -21.69M | -23.12M | -23.45M | -28.12M | -25.25M | -26.54M | -24.27M | -17.83M | -18.47M | -15.89M | -15.46M | -13.72M | -14.12M | -12.64M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - | -360.7% | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | 57.62% | 61.74% | 47.03% | 37.91% | 25.9% | 24.24% | 14.1% | 12.86% | 3.35% | -57.71% | -36.71% | -66.97% | -56.94% | -30.01% | -30.79% | -25.77% | -21.97% | -28.19% | -27.15% | -33.23% |
| D&A (Non-Cash Add-back) | 0 | 176K | 227K | 243K | 251K | 259K | 260K | 261K | 260K | 280K | 278K | 249K | 259K | 0 | 458K | 431K | 417K | 387K | 378K | 373K |
| EBIT | 0 | -8.33M | -10.69M | -13.4M | -16.21M | -19.83M | -19.91M | -21.15M | -21.26M | -31.86M | -22.71M | -23.92M | -21.83M | -17.83M | -17.54M | -15.91M | -15.77M | -13.91M | -14.46M | -12.96M |
| Net Interest Income | 0 | 801K | 488K | 895K | 1.07M | 1.34M | 1.64M | 1.84M | 2.05M | 2.33M | 2.42M | 2.48M | 2.33M | 1.85M | 1.08M | 136K | -146K | -109K | 37K | 47K |
| Interest Income | 609K | 801K | 1.03M | 1.2M | 1.42M | 1.73M | 2.04M | 2.24M | 2.45M | 2.73M | 2.82M | 2.86M | 2.69M | 2.2M | 1.39M | 408K | 108K | 50K | 37K | 47K |
| Interest Expense | 0 | 0 | 538K | 302K | 347K | 389K | 403K | 401K | 400K | 399K | 396K | 385K | 370K | 349K | 310K | 272K | 254K | 159K | 0 | 0 |
| Other Income/Expense | 1.61M | -6.22M | 488K | 895K | 1.07M | 1.34M | 1.64M | 1.84M | 2.05M | -3.86M | 2.42M | 2.48M | 2.33M | 1.85M | 1.08M | 136K | -146K | -109K | 37K | 47K |
| Pretax Income | -5.76M | -14.55M | -11.23M | -13.7M | -16.56M | -20.22M | -20.31M | -21.55M | -21.66M | -32.26M | -23.1M | -24.31M | -22.2M | -18.18M | -17.85M | -16.19M | -16.02M | -14.21M | -14.46M | -12.96M |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - | -330.04% | - | - | - | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -5.76M | -14.55M | -11.23M | -13.7M | -16.56M | -20.22M | -20.31M | -21.55M | -21.66M | -32.26M | -23.1M | -24.31M | -22.2M | -18.18M | -17.85M | -16.19M | -16.02M | -14.21M | -14.46M | -12.96M |
| Net Margin % | - | - | - | - | - | - | - | - | - | - | -330.04% | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | 65.23% | 28.05% | 44.73% | 36.4% | 23.56% | 37.33% | 12.08% | 11.36% | 2.44% | -77.44% | -29.45% | -50.17% | -38.54% | -27.93% | -23.41% | -24.88% | -23.32% | -29.9% | -28.11% | -36.44% |
| Net Income (Continuing) | -5.76M | -14.55M | -11.23M | -13.7M | -16.56M | -20.22M | -20.31M | -21.55M | -21.66M | -32.26M | -23.1M | -24.31M | -22.2M | -18.18M | -17.85M | -16.19M | -16.02M | -14.21M | -14.46M | -12.96M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.78 | -1.99 | -1.53 | -1.87 | -2.27 | -2.77 | -0.28 | -0.30 | -0.30 | -0.44 | -0.32 | -0.34 | -0.28 | -0.23 | -0.23 | -0.25 | -0.27 | -0.25 | -0.28 | -0.25 |
| EPS Growth % | 65.64% | 28.16% | -446.43% | -523.33% | -656.67% | -529.55% | 12.5% | 11.76% | -7.14% | -91.3% | -39.13% | -36% | -3.7% | 8% | 17.86% | 0% | -8% | -13.64% | -21.74% | -13.64% |
| EPS (Basic) | -0.78 | -1.99 | -1.53 | -1.87 | -2.27 | -2.77 | -0.28 | -0.30 | -0.30 | -0.44 | -0.32 | -0.34 | -0.28 | -0.23 | -0.23 | -0.25 | -0.27 | -0.25 | -0.28 | -0.25 |
| Diluted Shares Outstanding | 7.34M | 7.32M | 7.32M | 7.31M | 7.31M | 7.3M | 72.96M | 72.88M | 72.8M | 72.74M | 72.68M | 72.46M | 72.33M | 72.23M | 72.15M | 64.28M | 60.63M | 55.98M | 52.05M | 51.9M |
| Basic Shares Outstanding | 7.34M | 7.32M | 7.32M | 7.31M | 7.31M | 7.3M | 72.96M | 72.88M | 72.8M | 72.74M | 72.68M | 72.46M | 72.33M | 72.23M | 72.15M | 64.28M | 60.63M | 55.98M | 52.05M | 51.9M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |