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R

Rapport Therapeutics RAPP · USD

Health Care · US listing · 🇺🇸 United States

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26.07

+6.67%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Net income

−$111.5m

FY2022FY2025

Free cash flow

−$88.1m

FY2022FY2025

Shareholders' equity

$484.7m

FY2022FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022
Gross profit−$1.0m−$839,000−$112,000−$15,000
Research and development$94.8m$60.9m$28.0m$9.1m
Operating income−$125.1m−$83.1m−$36.2m−$10.4m
Net income−$111.5m−$78.3m−$34.8m−$10.7m
Diluted earnings per share-2.37-4.06-1.92-10.65

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022
Total assets$512.4m$314.9m$155.4m$31.6m
Cash and short-term investments$490.5m$305.3m$147.5m$31.2m
Total liabilities$27.8m$9.5m$181.1m$12.1m
Debt——$4.2m$10.4m
Shareholders' equity$484.7m$305.4m−$25.6m$19.5m
Shares outstanding47m19m18m1m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022
Cash from operations−$87.5m−$64.8m−$27.2m−$3.2m
Capital spending−$616,000−$2.4m−$1.6m−$284,000
Free cash flow−$88.1m−$67.2m−$28.8m−$3.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue—$20.0m————$720,000—
Gross profit—$20.0m−$265,000−$256,000−$252,000−$244,000−$260,000−$219,000
Operating income−$60.8m−$24.2m−$38.5m−$30.0m−$29.5m−$27.1m−$23.5m−$21.6m
Net income−$56.6m−$19.9m−$33.8m−$26.9m−$26.7m−$24.1m−$20.0m−$17.5m
Diluted earnings per share-1.19-0.42-0.72-0.57-0.57-0.51-1.04-0.91
Cash from operations−$41.0m−$13.0m−$24.0m−$17.0m−$25.0m−$20.0m−$14.0m−$16.0m
Total assets$459.0m$497.6m$512.4m$535.3m$285.5m$302.1m$314.9m$331.1m
Cash and short-term investments$436.1m$476.8m$490.5m$513.0m$260.4m$285.4m$305.3m$320.7m
Debt$2.5m$2.6m$2.8m$2.5m$1.8m$1.0m$737,000$720,000
Shareholders' equity$422.9m$471.5m$484.7m$511.6m$263.5m$285.8m$305.4m$323.1m

Financial ratios

Data as of 4 Nov 2026

FY2025FY2024FY2023FY2022
Return on equity-23.0%-25.6%135.7%-54.6%
Return on assets-21.8%-24.9%-22.4%-33.7%
Free cash flow yield-7.3%-12.7%-5.6%-11.6%
Earnings growth42.4%125.1%226.6%—
Current ratio26.17x35.34x17.14x18.80x
Debt to equity0.01x0.00x-0.03x—
Equity ratio94.6%97.0%-16.5%61.7%
Interest coverage———-36.38x
Buybacks as a share of market value-143.6%-6.7%-1707.9%—

Growth per year

Compound annual rate

3 years5 years10 years
Operating income129.4%——
Net income118.7%——

Valuation history

At each fiscal year end

FY2025FY2024
Price to earnings-12.8-4.4

Market value over time

28 Jun 2024 to 3 Nov 2026, in USD

$822.9m$1.21bn

Share price return

Finished calendar years

20252024
Return57%-9%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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