Design Therapeutics, Inc. DSGN

Healthcare SIC 2834 - Pharmaceutical Preparations Nasdaq

We are a clinical-stage biopharmaceutical company pioneering the research and development of GeneTAC® molecules, which are a novel class of small-molecule gene targeted chimera therapeutic candidates designed to be disease-modifying by addressing the underlying cause of diseases caused by inherited nucleotide repeat expansion mutations. Certain diseases caused by inherited nucleotide repeat expansion, such as Friedreich ataxia (FA) and fragile X syndrome, can result in reduced gene expression and deficiency of vital proteins; in other diseases, such as myotonic dystrophy type-1 (DM1), Fuchs endothelial corneal dystrophy (FECD), and Huntington's disease (HD), the nucleotide repeat expansions result in the generation of toxic gene products, often associated with pathological nuclear foci and broad splicing disruptions or the expression of mutant proteins that form toxic aggregates. Our GeneTAC® small molecules are designed to selectively target expanded genetic repeat sequences, modulate gene expression either by dialing up or down mRNA transcription, depending on the cause of the disease, and restore cellular health. As a platform, we believe that GeneTAC® molecules have broad potential applicability across currently unaddressed degenerative, monogenic nucleotide repeat expansion diseases affecting millions of individuals worldwide.

Last close 15.14 2026-09-04
Market cap $947.5M 2026-06-30 share count
52-week range 5.28 - 17.25

Valuation FY2025 figures against the last close

P/S
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS-1.22

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue $0$0$226.0K
R&D $59.1M$44.4M$57.1M$48.6M$24.8M$6.1M
SG&A $20.3M$18.0M$21.1M$19.0M$11.1M$2.5M
Total operating expenses $79.5M$62.4M$78.2M$67.6M$35.8M$8.6M
Operating income -$79.5M-$62.4M-$78.2M-$67.6M-$35.8M-$8.3M
Pre-tax income -$69.8M-$49.6M
Income tax $0$0
Net income -$69.8M-$49.6M-$66.9M-$63.3M-$35.5M-$8.3M
EPS, basic -1.22-0.88-1.19-1.14-0.77
EPS, diluted -1.22-0.88-1.19-1.14-0.77-0.52
Shares, diluted (wtd. avg.) $57.3M$56.6M$56.0M$55.7M$45.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash and equivalents $16.9M$22.6M$21.2M$26.5M$298.6M$2.4M$77.0K
Short-term investments $203.0M$222.9M$260.6M$303.9M$85.5M$33.7M
Total current assets $223.8M$248.0M$284.6M$335.1M$385.4M$36.2M
Property, plant and equipment $981.0K$1.4M$1.7M$1.9M$1.5M$71.0K
Total assets $226.2M$252.1M$289.6M$341.1M$390.6M$36.5M
Accounts payable $2.3M$2.2M$1.9M$3.0M$1.6M$1.4M
Total current liabilities $13.1M$8.5M$9.6M$10.8M$5.3M$2.3M
Total liabilities $13.7M$10.0M$12.0M$13.8M$8.4M$2.5M
Retained earnings -$297.0M-$227.2M-$177.6M-$110.8M-$47.5M-$11.9M
Total equity $212.5M$242.1M$277.7M$327.3M$382.1M-$11.3M-$3.6M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating cash flow -$54.4M-$43.1M-$58.6M-$51.3M-$29.4M-$8.7M
Depreciation and amortisation $622.0K$596.0K$537.0K$406.0K$129.0K$5.0K
Stock-based compensation $14.5M$13.1M$13.1M$10.9M$4.7M$450.0K
Capital expenditure $193.0K$340.0K$256.0K$918.0K$1.5M$76.0K
Investing cash flow $22.9M$44.0M$52.5M-$221.0M-$53.6M-$33.6M
Financing cash flow $25.7M$513.0K$724.0K$235.0K$379.2M$44.5M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-098491.

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