marketcaparena
Search

    EWTX

    Edgewise Therapeutics, Inc.

    Company overview

    Market capitalization
    $4.32B
    Employees
    154
    Latest publication
    2026-09-29
    About Edgewise Therapeutics, Inc.

    Edgewise Therapeutics, Inc., a biopharmaceutical company, discovers, develops, and commercializes therapies for the treatment of muscle disorders. Its lead product candidate, sevasemten, an orally administered small molecule that is in Phase II clinical trials, designed to address the root cause of dystrophinopathies including Duchenne muscular dystrophy and Becker muscular dystrophy. The company develops EDG-7500, a small molecule for the treatment of hypertrophic cardiomyopathy and other severe cardiac disorders that is in Phase I clinical trials; and EDG-15400, a novel small molecule for the treatment of heart failure with preserved ejection fraction. In addition, it develops a pipeline of precision medicine product candidates that target key muscle proteins and modulators to address genetically defined muscle disorders. The company was incorporated in 2017 and is headquartered in Boulder, Colorado.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Total Revenue0USD0USD0USD0USD0USD2,118,000USD0USD0USD
    Cost Of Revenue590,000USD——567,000USD554,000USD1,059,000USD2,290,000USD534,000USD
    Gross Profit-590,000USD——-567,000USD-554,000USD1,059,000USD-2,290,000USD-534,000USD
    Research Development42,651,000USD43,594,000USD37,480,000USD33,558,000USD36,757,000USD36,370,000USD32,222,000USD30,680,000USD
    Selling General Administrative11,464,000USD12,385,000USD9,378,000USD9,052,000USD9,202,000USD9,170,000USD8,210,000USD7,427,000USD
    Total Operating Expenses53,525,000USD55,979,000USD46,858,000USD42,610,000USD45,959,000USD45,540,000USD40,432,000USD38,107,000USD
    Operating Income-54,115,000USD-55,979,000USD-46,858,000USD-42,610,000USD-45,959,000USD-45,540,000USD-40,432,000USD-38,107,000USD
    Interest Income5,102,000USD5,763,000USD6,192,000USD6,495,000USD5,161,000USD5,878,000USD6,303,000USD6,610,000USD
    Net Interest Income5,102,000USD5,763,000USD6,192,000USD6,495,000USD5,161,000USD5,878,000USD6,303,000USD6,610,000USD
    Income Before Tax-49,013,000USD-50,216,000USD-40,666,000USD-36,115,000USD-40,798,000USD-39,662,000USD-34,129,000USD-31,497,000USD
    Net Income-49,013,000USD-50,216,000USD-40,666,000USD-36,115,000USD-40,798,000USD-39,662,000USD-34,129,000USD-31,497,000USD
    Net Income From Continuing Ops-49,013,000USD-50,216,000USD-40,666,000USD-36,115,000USD-40,798,000USD-39,662,000USD-34,129,000USD-31,497,000USD
    Ebit-49,013,000USD-50,216,000USD-40,666,000USD-36,115,000USD-40,798,000USD-39,662,000USD-34,129,000USD-31,497,000USD
    Ebitda-48,423,000USD-51,860,000USD-40,143,000USD-35,548,000USD-40,244,000USD-39,033,000USD-33,527,000USD-30,963,000USD
    Depreciation And Amortization590,000USD-1,644,000USD523,000USD567,000USD554,000USD629,000USD602,000USD534,000USD
    Reconciled Depreciation590,000USD575,000USD570,000USD567,000USD554,000USD629,000USD602,000USD534,000USD
    Total Other Income Expense Net5,102,000USD5,763,000USD6,192,000USD6,495,000USD5,161,000USD5,878,000USD6,303,000USD6,610,000USD
    Selling And Marketing Expenses—————106,000USD—54,000USD
    Income Tax Expense—————-481,724USD——
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USD
    Total Revenue0USD0USD0USD0USD0USD0USD0USD
    Cost Of Revenue2,266,000USD2,290,000USD1,732,000USD538,000USD272,000USD185,000USD123,000USD
    Gross Profit-2,266,000USD-2,290,000USD-1,732,000USD-538,000USD-272,000USD-185,000USD-123,000USD
    Research Development151,389,000USD126,966,000USD90,905,000USD16,612,000USD32,189,000USD14,798,000USD8,624,000USD
    Selling General Administrative40,017,000USD31,866,000USD23,452,000USD5,467,000USD11,026,000USD2,209,000USD1,300,000USD
    Unclassified Operating Expenses-2,266,000USD——————
    Total Operating Expenses189,140,000USD158,832,000USD114,357,000USD22,079,000USD43,215,000USD17,007,000USD9,924,000USD
    Operating Income-191,406,000USD-158,832,000USD-114,357,000USD-22,079,000USD-43,215,000USD-17,192,000USD-9,924,000USD
    Interest Income23,611,000USD25,019,000USD14,194,000USD4,018,000USD402,000USD69,000USD219,000USD
    Net Interest Income23,611,000USD25,019,000USD14,194,000USD4,018,000USD402,000USD69,000USD219,000USD
    Income Before Tax-167,795,000USD-133,813,000USD-100,163,000USD-19,415,000USD-42,813,000USD-17,123,000USD-9,705,000USD
    Net Income-167,795,000USD-133,813,000USD-100,163,000USD-15,397,000USD-42,139,000USD-17,054,000USD-9,486,000USD
    Net Income From Continuing Ops-167,795,000USD-133,813,000USD-100,163,000USD-67,640,000USD-42,813,000USD-17,123,000USD-9,705,000USD
    Ebit-167,795,000USD-133,813,000USD-100,163,000USD-22,079,000USD-43,215,000USD-17,192,000USD-9,924,000USD
    Ebitda-165,529,000USD-131,523,000USD-98,431,000USD-21,541,000USD-42,943,000USD-17,007,000USD-9,801,000USD
    Depreciation And Amortization2,266,000USD2,290,000USD1,732,000USD538,000USD272,000USD185,000USD123,000USD
    Reconciled Depreciation2,266,000USD2,290,000USD1,732,000USD538,000USD272,000USD185,000USD123,000USD
    Total Other Income Expense Net23,611,000USD25,019,000USD14,194,000USD2,664,000USD402,000USD69,000USD219,000USD
    Income Tax Expense—-1USD—-4,018,000USD-674,000USD-69,000USD-219,000USD
    Selling And Marketing Expenses——181,000USD————
    Interest Expense———4,018,000USD272,000USD69,000USD0USD
    Non Operating Income Net Other———4,018,000USD402,000USD——
    Net Income Applicable To Common Shares———-67,640,000USD-42,813,000USD-17,123,000USD-9,705,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Assets479,688,000USD518,522,000USD552,603,000USD583,466,000USD613,334,000USD454,391,000USD486,817,000USD511,282,000USD
    Cash And Equivalents72,319,000USD———————
    Total Current Assets471,518,000USD509,792,000USD543,385,000USD573,900,000USD603,255,000USD443,178,000USD475,483,000USD499,436,000USD
    Other Current Assets6,445,000USD10,230,000USD13,276,000USD10,560,000USD9,263,000USD6,791,000USD5,313,000USD6,900,000USD
    Total Liabilities31,611,000USD———————
    Total Current Liabilities29,042,000USD22,543,000USD27,370,000USD21,646,000USD20,896,000USD21,115,000USD23,860,000USD18,957,000USD
    Other Current Liabilities5,189,000USD———————
    Total Stockholder Equity448,077,000USD493,203,000USD522,257,000USD558,647,000USD589,071,000USD429,719,000USD459,216,000USD488,877,000USD
    Total Equity Including Noncontrolling Interest448,077,000USD———————
    Property Plant Equipment Net8,170,000USD8,730,000USD9,218,000USD9,566,000USD10,079,000USD10,518,000USD11,072,000USD11,584,000USD
    Accounts Payable4,666,000USD7,293,000USD6,006,000USD6,157,000USD8,320,000USD8,789,000USD5,579,000USD5,649,000USD
    Short Term Debt1,021,000USD1,017,000USD1,014,000USD1,008,000USD1,004,000USD1,001,000USD996,000USD992,000USD
    Common Stock10,000USD10,000USD10,000USD10,000USD10,000USD9,000USD9,000USD9,000USD
    Retained Earnings-652,711,000USD-595,384,000USD-546,371,000USD-496,155,000USD-455,489,000USD-419,374,000USD-378,576,000USD-338,914,000USD
    Accumulated Other Comprehensive Income-500,000USD-252,000USD677,000USD701,000USD204,000USD401,000USD420,000USD1,051,000USD
    Total Liab—25,319,000USD30,346,000USD24,819,000USD24,263,000USD24,672,000USD27,601,000USD22,405,000USD
    Other Current Liab—14,233,000USD20,350,000USD14,481,000USD11,572,000USD11,325,000USD17,285,000USD12,316,000USD
    Capital Stock—10,000USD10,000USD10,000USD10,000USD9,000USD9,000USD9,000USD
    Cash—33,211,000USD61,148,000USD46,003,000USD43,404,000USD49,921,000USD41,666,000USD44,806,000USD
    Cash And Short Term Investments—499,562,000USD530,109,000USD563,340,000USD593,992,000USD436,387,000USD470,170,000USD492,536,000USD
    Net Debt—-29,418,000USD-57,158,000USD-41,822,000USD-39,033,000USD-45,363,000USD-36,929,000USD-40,366,000USD
    Short Long Term Debt Total—3,793,000USD3,990,000USD4,181,000USD4,371,000USD4,558,000USD4,737,000USD4,440,000USD
    Short Term Investments—466,351,000USD468,961,000USD517,337,000USD550,588,000USD386,466,000USD428,504,000USD447,730,000USD
    Property Plant Equipment Gross—16,036,000USD15,987,000USD15,810,000USD15,800,000USD15,716,000USD15,757,000USD15,692,000USD
    Common Stock Shares Outstanding—107,116,709shares102,930,744shares105,492,779shares104,940,493shares95,130,053shares92,414,626shares93,813,346shares
    Non Current Assets Total—8,730,000USD9,218,000USD9,566,000USD10,079,000USD11,213,000USD11,334,000USD11,846,000USD
    Non Current Liabilities Total—2,776,000USD2,976,000USD3,173,000USD3,367,000USD3,557,000USD3,741,000USD3,448,000USD
    Net Working Capital—487,249,000USD516,015,000USD552,254,000USD582,359,000USD422,063,000USD451,623,000USD480,479,000USD
    Unclassified Non Current Liabilities—2,776,000USD2,976,000USD3,173,000USD3,367,000USD3,557,000USD3,741,000USD3,448,000USD
    Unclassified Equity—1,088,819,000USD1,067,931,000USD1,054,081,000USD1,044,336,000USD848,674,000USD837,354,000USD826,722,000USD
    Non Currrent Assets Other—————695,000USD262,000USD262,000USD
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USD
    Total Assets552,603,000USD486,817,000USD340,035,000USD367,101,000USD285,233,000USD131,136,000USD24,541,000USD
    Other Current Assets13,276,000USD5,313,000USD8,604,000USD5,052,000USD2,984,000USD551,000USD390,000USD
    Total Liab30,346,000USD27,601,000USD21,205,000USD20,385,000USD10,850,000USD164,556,000USD41,394,000USD
    Total Stockholder Equity522,257,000USD459,216,000USD318,830,000USD346,716,000USD274,383,000USD-33,420,000USD-16,853,000USD
    Other Current Liab20,350,000USD17,285,000USD11,766,000USD9,872,000USD6,678,000USD2,762,000USD465,000USD
    Common Stock10,000USD9,000USD7,000USD6,000USD5,000USD——
    Capital Stock10,000USD9,000USD7,000USD6,000USD5,000USD0USD0USD
    Retained Earnings-546,371,000USD-378,576,000USD-244,763,000USD-144,600,000USD-76,960,000USD-34,147,000USD-17,024,000USD
    Cash61,148,000USD41,666,000USD86,097,000USD21,993,000USD15,566,000USD104,916,000USD23,653,000USD
    Cash And Short Term Investments530,109,000USD470,170,000USD318,393,000USD351,947,000USD280,789,000USD129,094,000USD23,653,000USD
    Total Current Assets543,385,000USD475,483,000USD326,997,000USD356,999,000USD283,773,000USD129,645,000USD24,043,000USD
    Total Current Liabilities27,370,000USD23,860,000USD16,771,000USD16,585,000USD10,521,000USD4,342,000USD1,132,000USD
    Net Debt-57,158,000USD-36,929,000USD-80,683,000USD-17,585,000USD-15,566,000USD55,298,000USD-23,653,000USD
    Short Term Debt1,014,000USD996,000USD980,000USD608,000USD———
    Short Long Term Debt Total3,990,000USD4,737,000USD5,414,000USD4,408,000USD—160,214,000USD40,262,000USD
    Short Term Investments468,961,000USD428,504,000USD232,296,000USD329,954,000USD265,223,000USD24,178,000USD0USD
    Accounts Payable6,006,000USD5,579,000USD4,025,000USD6,105,000USD3,843,000USD1,580,000USD667,000USD
    Property Plant Equipment Net9,218,000USD11,072,000USD12,690,000USD9,851,000USD912,000USD516,000USD498,000USD
    Property Plant Equipment Gross15,987,000USD15,757,000USD15,306,000USD8,533,000USD912,000USD516,000USD498,000USD
    Accumulated Other Comprehensive Income677,000USD420,000USD99,000USD-1,355,000USD-514,000USD-430,000USD-245,000USD
    Common Stock Shares Outstanding102,930,744shares92,414,626shares63,723,600shares53,593,753shares49,500,308shares49,217,048shares49,217,048shares
    Non Current Assets Total9,218,000USD11,334,000USD13,038,000USD10,102,000USD1,460,000USD1,491,000USD498,000USD
    Non Current Liabilities Total2,976,000USD3,741,000USD4,434,000USD3,800,000USD329,000USD160,214,000USD40,262,000USD
    Net Working Capital516,015,000USD451,623,000USD310,226,000USD340,414,000USD273,252,000USD125,303,000USD22,911,000USD
    Unclassified Non Current Liabilities2,976,000USD3,741,000USD4,434,000USD3,549,000USD—159,514,000USD40,262,000USD
    Unclassified Equity1,067,931,000USD837,354,000USD563,480,000USD492,659,000USD351,847,000USD1,157,000USD—
    Non Currrent Assets Other—262,000USD348,000USD251,000USD548,000USD975,000USD—
    Deferred Long Term Liab———251,000USD—700,000USD—
    Other Assets———251,000USD548,000USD975,000USD—
    Net Receivables———251,000USD548,000USD——
    Net Tangible Assets———346,716,000USD274,383,000USD-33,420,000USD-16,853,000USD
    Other Liab————329,000USD——
    Non Current Liabilities Other————329,000USD——
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USDQ1 20242024-03-31 · USD
    Net Income-49,013,000USD-40,666,000USD-36,115,000USD-40,798,000USD-39,662,000USD-34,129,000USD-31,497,000USD-28,525,000USD
    Depreciation590,000USD570,000USD567,000USD554,000USD629,000USD602,000USD534,000USD525,000USD
    Stock Based Compensation8,715,000USD8,085,000USD7,733,000USD9,059,000USD7,737,000USD6,880,000USD5,224,000USD4,871,000USD
    Other Non Cash Items-1,013,000USD-2,056,000USD-2,203,000USD-1,923,000USD-2,602,000USD-3,240,000USD-3,553,000USD-3,150,000USD
    Change In Working Capital-1,822,000USD-709,000USD-2,564,000USD-4,758,000USD6,941,000USD2,513,000USD3,193,000USD-2,319,000USD
    Total Cash From Operating Activities-42,543,000USD-34,776,000USD-32,582,000USD-37,866,000USD-26,957,000USD-27,374,000USD-26,099,000USD-28,598,000USD
    Capital Expenditures-260,000USD-89,000USD-50,000USD-44,000USD-274,000USD-520,000USD-221,000USD-297,000USD
    Free Cash Flow-42,803,000USD-34,865,000USD-32,632,000USD-37,910,000USD-27,231,000USD-27,894,000USD-26,320,000USD-28,895,000USD
    Investments2,693,000USD35,716,000USD-162,166,000USD43,898,000USD20,922,000USD25,362,000USD37,368,000USD-268,308,000USD
    Total Cashflows From Investing Activities2,433,000USD35,716,000USD-162,166,000USD43,898,000USD20,922,000USD25,362,000USD37,368,000USD-268,308,000USD
    Total Cash From Financing Activities12,173,000USD1,659,000USD188,231,000USD2,223,000USD2,895,000USD3,333,000USD1,952,000USD241,073,000USD
    Change In Cash-27,937,000USD2,599,000USD-6,517,000USD8,255,000USD-3,140,000USD1,321,000USD13,221,000USD-55,833,000USD
    Begin Period Cash Flow61,148,000USD43,404,000USD49,921,000USD41,666,000USD44,806,000USD43,485,000USD30,264,000USD86,097,000USD
    End Period Cash Flow33,211,000USD46,003,000USD43,404,000USD49,921,000USD41,666,000USD44,806,000USD43,485,000USD30,264,000USD
    Issuance Of Capital Stock—0USD187,362,000USD0USD0USD0USD0USD239,147,000USD
    Other Cashflows From Investing Activities—35,805,000USD————37,589,000USD-268,011,000USD
    Other Cashflows From Financing Activities—1,659,000USD869,000USD2,223,000USD-262,000USD48,000USD-48,000USD1,926,000USD
    Unclassified Investing Cash Flow—-35,716,000USD————-37,368,000USD268,308,000USD
    Unclassified Financing Cash Flow————3,157,000USD3,285,000USD2,000,000USD—
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USD
    Net Income-167,795,000USD-133,813,000USD-100,163,000USD-42,813,000USD-17,123,000USD-9,705,000USD
    Depreciation2,266,000USD2,290,000USD1,732,000USD272,000USD185,000USD123,000USD
    Stock Based Compensation34,752,000USD24,712,000USD17,560,000USD4,404,000USD354,000USD77,000USD
    Other Non Cash Items-7,665,000USD-12,545,000USD-9,517,000USD2,294,000USD203,000USD48,000USD
    Change In Working Capital-5,374,000USD10,328,000USD-1,560,000USD4,630,000USD1,950,000USD334,000USD
    Total Cash From Operating Activities-143,816,000USD-109,028,000USD-91,948,000USD-33,507,000USD-14,634,000USD-9,171,000USD
    Capital Expenditures-256,000USD-1,312,000USD-5,745,000USD-668,000USD-203,000USD-180,000USD
    Free Cash Flow-143,816,000USD-110,340,000USD-97,693,000USD-34,175,000USD-14,837,000USD-9,351,000USD
    Investments-32,534,000USD-184,656,000USD307,000USD-241,559,000USD-24,178,000USD-24,178,000USD
    Total Cashflows From Investing Activities-32,790,000USD-184,656,000USD102,886,000USD-242,227,000USD-24,381,000USD-180,000USD
    Total Cash From Financing Activities196,088,000USD249,253,000USD53,166,000USD186,384,000USD120,278,000USD24,800,000USD
    Issuance Of Capital Stock187,362,000USD239,147,000USD-555,000USD186,148,000USD120,076,000USD24,778,000USD
    Change In Cash19,482,000USD-44,431,000USD64,104,000USD-89,350,000USD81,263,000USD15,449,000USD
    Begin Period Cash Flow41,666,000USD86,097,000USD21,993,000USD104,916,000USD23,653,000USD8,204,000USD
    End Period Cash Flow61,148,000USD41,666,000USD86,097,000USD15,566,000USD104,916,000USD23,653,000USD
    Other Cashflows From Investing Activities-32,790,000USD——-241,559USD-24,178USD—
    Other Cashflows From Financing Activities196,088,000USD10,106,000USD548,000USD236,000USD120,278,000USD24,800,000USD
    Unclassified Investing Cash Flow32,790,000USD—108,324,000USD——24,178,000USD
    Unclassified Financing Cash Flow-187,362,000USD—53,173,000USD—-120,076,000USD-24,778,000USD
    Change To Liabilities———7,022,000USD521,000USD275,000USD
    Sale Purchase Of Stock———186,384,000USD——
    Cash And Cash Equivalents Changes———-89,350,000USD——
    Unclassified Operating Cash Flow———-2,294,000USD——
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    No operating metrics are currently published for this company.

    Revenue breakdown

    No revenue breakdown is currently published for this company.

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.