GALECTIN THERAPEUTICS INC GALT

Healthcare SIC 2834 - Pharmaceutical Preparations Nasdaq

We are a clinical stage biopharmaceutical company engaged in drug research and development to create new therapies for fibrotic disease, cancer and selected other diseases. Our drug candidates are based on our method of targeting galectin proteins, which are key mediators of biologic and pathologic functions. We use naturally occurring, readily-available plant products as starting material in manufacturing processes to create proprietary, patented complex carbohydrates with specific molecular weights and other pharmaceutical properties. These complex carbohydrate molecules are appropriately formulated into acceptable pharmaceutical formulations. Using these unique carbohydrate-based candidate compounds that largely bind and inhibit galectin proteins, particularly galectin-3, we are undertaking the focused pursuit of therapies for indications where galectin proteins have a demonstrated role in the pathogenesis of a given disease. We focus on diseases with serious, life-threatening consequences and those where current treatment options are limited specifically in metabolic

Last close 4.61 2026-09-04
Market cap $464.9M 2026-06-30 share count
52-week range 2.02 - 7.13

Valuation FY2025 figures against the last close

P/S
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS-0.48

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
R&D $14.3M$36.6M$32.1M$31.7M$23.8M$18.0M$7.5M$6.5M$11.7M$15.3M
SG&A $5.8M$5.9M$5.9M$6.6M$6.4M$5.5M$6.0M$7.1M$4.5M$6.2M
Total operating expenses $20.1M$42.4M$38.1M$38.4M$30.2M$23.4M$13.4M$13.6M$16.2M$21.5M
Operating income -$20.1M-$42.4M-$38.1M-$38.4M-$30.2M-$23.4M-$13.4M-$13.6M-$16.2M-$21.5M
Interest expense $7.3M$5.5M$2.8M$1.0M$489.0K$87.0K$87.0K$336.0K$12.0K
Pre-tax income -$30.8M-$47.0M
Income tax $0$0
Net income -$30.8M-$47.0M-$41.1M-$38.8M-$30.5M-$23.5M-$13.3M-$13.9M-$16.2M-$21.4M
EPS, basic -0.48-0.76-0.74-0.65-0.52-0.41
EPS, diluted -0.48-0.76-0.74-0.65-0.52-0.41-0.39-0.38-0.49-0.76
Shares, diluted (wtd. avg.) $63.9M$62.3M$60.2M$59.4M$58.5M$57.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $17.7M$15.1M$25.7M$18.6M$39.6M$27.1M$47.5M$8.3M$3.1M$15.4M
Total current assets $19.4M$17.3M$27.7M$20.6M$41.8M$29.5M$48.2M$8.8M$3.8M$15.8M
Property, plant and equipment $0$0$0$0$0$0$0$0$0$0
Other intangibles $0$0$1.0K
Total assets $19.5M$17.5M$28.2M$21.3M$41.8M$29.6M$48.5M$9.0M$4.2M$15.8M
Accounts payable $3.2M$5.7M$6.4M$3.9M$1.8M$1.3M$1.7M$297.0K$608.0K$910.0K
Total current liabilities $8.0M$35.4M$15.7M$13.0M$9.0M$5.4M$2.8M$2.1M$3.0M$3.8M
Total liabilities $145.7M$120.6M$88.4M$53.5M$39.2M$5.4M$2.9M$2.1M$3.0M$3.8M
Retained earnings -$432.5M-$401.6M-$354.4M-$309.6M-$270.7M-$240.0M-$216.4M-$196.2M-$181.2M-$163.7M
Total equity -$127.9M-$104.8M-$62.0M-$33.9M$893.0K$22.5M$43.9M$5.2M-$530.0K$10.3M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow -$23.9M-$41.8M-$33.0M-$31.1M-$24.3M-$20.6M-$10.8M-$10.2M-$15.9M-$16.4M
Depreciation and amortisation $0$1.0K$7.0K
Stock-based compensation $1.7M$2.4M$2.3M$2.9M$2.1M$1.8M$1.7M$4.4M$1.1M$2.5M
Investing cash flow $0$0$0$0$0$0$0$0$0
Financing cash flow $26.5M$31.2M$40.0M$10.0M$36.8M$263.0K$50.1M$15.4M$3.6M$5.9M

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 0001140361-26-012155.

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