Day One Biopharmaceuticals, Inc. Financials
This page shows Day One Biopharmaceuticals, Inc. (DAWN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Day One Biopharmaceuticals, Inc. has an operating margin of -165.7%, meaning the company retains $-166 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses.
Day One Biopharmaceuticals, Inc. carries a low D/E ratio of 0.16, meaning only $0.16 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 7.66, Day One Biopharmaceuticals, Inc. holds $7.66 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
While Day One Biopharmaceuticals, Inc. generated -$78.1M in operating cash flow, capex of $2.2M consumed most of it, leaving -$80.3M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Day One Biopharmaceuticals, Inc. passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Day One Biopharmaceuticals, Inc. generates $0.82 in operating cash flow (-$78.1M OCF vs -$95.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Day One Biopharmaceuticals, Inc. generated $131.2M in revenue in fiscal year 2024.
Day One Biopharmaceuticals, Inc.'s EBITDA was -$217.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 5.4% from the prior year.
Day One Biopharmaceuticals, Inc. generated -$80.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 45.4% from the prior year.
Day One Biopharmaceuticals, Inc. reported -$95.5M in net income in fiscal year 2024. This represents an increase of 49.5% from the prior year.
Day One Biopharmaceuticals, Inc. earned $-1.02 per diluted share (EPS) in fiscal year 2024. This represents an increase of 57.0% from the prior year.
Day One Biopharmaceuticals, Inc. held $125.0M in cash against $0 in long-term debt as of fiscal year 2024.
Day One Biopharmaceuticals, Inc. had 101M shares outstanding in fiscal year 2024. This represents an increase of 15.9% from the prior year.
Day One Biopharmaceuticals, Inc.'s operating margin was -165.7% in fiscal year 2024, reflecting core business profitability.
Day One Biopharmaceuticals, Inc.'s net profit margin was -72.8% in fiscal year 2024, showing the share of revenue converted to profit.
Day One Biopharmaceuticals, Inc. invested $227.7M in research and development in fiscal year 2024. This represents an increase of 74.5% from the prior year.
Day One Biopharmaceuticals, Inc. invested $2.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 868.3% from the prior year.
DAWN Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $39.8M+17.4% | $33.9M+10.2% | $30.8M+5.3% | $29.2M+256.5% | $8.2M | $0 | N/A | $0 |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $31.4M-13.1% | $36.1M-8.8% | $39.6M-35.9% | $61.8M-32.9% | $92.1M+129.1% | $40.2M | N/A | $33.2M |
| SG&A Expenses | $28.1M-2.8% | $29.0M-1.2% | $29.3M-1.4% | $29.7M-1.5% | $30.2M+13.7% | $26.6M | N/A | $18.3M |
| Operating Income | -$24.3M+30.7% | -$35.0M+14.8% | -$41.1M+37.1% | -$65.3M+43.1% | -$114.8M-72.0% | -$66.8M | N/A | -$51.4M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $0 | $0 | $0-100.0% | $6.5M+317.1% | $1.6M | $0 | N/A | $0 |
| Net Income | -$19.7M+34.9% | -$30.3M+15.8% | -$36.0M+45.2% | -$65.7M-1391.1% | -$4.4M+92.9% | -$62.4M | N/A | -$46.1M |
| EPS (Diluted) | $-0.19+34.5% | $-0.29+17.1% | $-0.35+44.4% | $-0.63-1160.0% | $-0.05+93.1% | $-0.72 | N/A | $-0.54 |
DAWN Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $513.8M-1.0% | $519.0M-2.9% | $534.4M-8.3% | $582.8M+45.5% | $400.4M+22.6% | $326.6M-13.1% | $376.0M-9.2% | $414.2M |
| Current Assets | $490.0M-0.9% | $494.4M-2.8% | $508.7M-9.5% | $562.3M+46.8% | $383.2M+17.5% | $326.0M-13.1% | $375.3M-9.2% | $413.3M |
| Cash & Equivalents | $43.3M+21.5% | $35.6M+6.8% | $33.4M-73.3% | $125.0M-47.8% | $239.6M-11.4% | $270.4M+17.2% | $230.8M-4.3% | $241.2M |
| Inventory | $7.1M+7.9% | $6.5M+83.5% | $3.6M+7.3% | $3.3M+2099.3% | $151K | N/A | $0 | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $62.9M+8.1% | $58.2M+6.1% | $54.8M-31.5% | $80.0M-14.6% | $93.7M+214.0% | $29.8M+1.1% | $29.5M+20.2% | $24.6M |
| Current Liabilities | $56.5M+10.2% | $51.2M+7.0% | $47.9M-34.8% | $73.5M-21.6% | $93.7M+214.0% | $29.8M+1.1% | $29.5M+20.6% | $24.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $450.9M-2.2% | $460.8M-3.9% | $479.5M-4.6% | $502.8M+63.9% | $306.7M+3.3% | $296.8M-14.4% | $346.5M-11.1% | $389.6M |
| Retained Earnings | -$640.1M-3.2% | -$620.4M-5.1% | -$590.1M-6.5% | -$554.1M-5.5% | -$525.4M-0.8% | -$521.0M-13.6% | -$458.6M-13.5% | -$404.1M |
DAWN Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$5.8M+76.6% | -$24.8M+58.0% | -$59.0M-96.6% | -$30.0M+38.9% | -$49.1M+1.2% | -$49.7M-20.2% | -$41.4M-11.6% | -$37.1M |
| Capital Expenditures | $0-100.0% | $3K-99.1% | $317K-77.7% | $1.4M+5357.7% | $26K | $0-100.0% | $8K-80.5% | $41K |
| Free Cash Flow | -$5.8M+76.6% | -$24.8M+58.2% | -$59.3M-88.7% | -$31.4M+36.1% | -$49.2M+1.2% | -$49.7M-20.2% | -$41.4M-11.5% | -$37.1M |
| Investing Cash Flow | $13.5M-48.9% | $26.3M+180.7% | -$32.6M+87.9% | -$269.6M-1680.8% | $17.1M-80.9% | $89.3M+193.9% | $30.4M-65.8% | $88.9M |
| Financing Cash Flow | $0-100.0% | $748K | $0-100.0% | $1.9M+42.7% | $1.3M+2602.1% | $48K-92.0% | $597K+419.1% | $115K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
DAWN Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -60.9%+42.2pp | -103.1%+30.4pp | -133.5%+90.2pp | -223.7%+1177.8pp | -1401.5% | N/A | N/A | N/A |
| Net Margin | -49.6%+39.9pp | -89.4%+27.6pp | -117.0%+108.0pp | -225.0%-171.2pp | -53.8% | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | 6.7% | N/A | N/A | N/A | N/A |
| Return on Assets | -3.8%+2.0pp | -5.8%+0.9pp | -6.7%+4.5pp | -11.3%-10.2pp | -1.1%+18.0pp | -19.1% | N/A | -11.1% |
| Current Ratio | 8.68-1.0 | 9.65-1.0 | 10.62+3.0 | 7.66+3.6 | 4.09-6.8 | 10.93-1.8 | 12.72-4.2 | 16.89 |
| Debt-to-Equity | 0.14+0.0 | 0.13+0.0 | 0.11-0.0 | 0.16-0.1 | 0.31+0.2 | 0.10+0.0 | 0.09+0.0 | 0.06 |
| FCF Margin | -14.6%+58.6pp | -73.2%+119.6pp | -192.8%-85.2pp | -107.6%+492.4pp | -600.0% | N/A | N/A | N/A |
Similar Companies
Frequently Asked Questions
What is Day One Biopharmaceuticals, Inc.'s annual revenue?
Day One Biopharmaceuticals, Inc. (DAWN) reported $131.2M in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Day One Biopharmaceuticals, Inc. profitable?
No, Day One Biopharmaceuticals, Inc. (DAWN) reported a net income of -$95.5M in fiscal year 2024, with a net profit margin of -72.8%.
What is Day One Biopharmaceuticals, Inc.'s earnings per share (EPS)?
Day One Biopharmaceuticals, Inc. (DAWN) reported diluted earnings per share of $-1.02 for fiscal year 2024. This represents a 57.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Day One Biopharmaceuticals, Inc.'s EBITDA?
Day One Biopharmaceuticals, Inc. (DAWN) had EBITDA of -$217.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Day One Biopharmaceuticals, Inc.'s operating margin?
Day One Biopharmaceuticals, Inc. (DAWN) had an operating margin of -165.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Day One Biopharmaceuticals, Inc.'s net profit margin?
Day One Biopharmaceuticals, Inc. (DAWN) had a net profit margin of -72.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Day One Biopharmaceuticals, Inc.'s free cash flow?
Day One Biopharmaceuticals, Inc. (DAWN) generated -$80.3M in free cash flow during fiscal year 2024. This represents a 45.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Day One Biopharmaceuticals, Inc.'s operating cash flow?
Day One Biopharmaceuticals, Inc. (DAWN) generated -$78.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Day One Biopharmaceuticals, Inc.'s total assets?
Day One Biopharmaceuticals, Inc. (DAWN) had $582.8M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Day One Biopharmaceuticals, Inc.'s capital expenditures?
Day One Biopharmaceuticals, Inc. (DAWN) invested $2.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Day One Biopharmaceuticals, Inc. spend on research and development?
Day One Biopharmaceuticals, Inc. (DAWN) invested $227.7M in research and development during fiscal year 2024.
How many shares does Day One Biopharmaceuticals, Inc. have outstanding?
Day One Biopharmaceuticals, Inc. (DAWN) had 101M shares outstanding as of fiscal year 2024.
What is Day One Biopharmaceuticals, Inc.'s current ratio?
Day One Biopharmaceuticals, Inc. (DAWN) had a current ratio of 7.66 as of fiscal year 2024, which is generally considered healthy.
What is Day One Biopharmaceuticals, Inc.'s debt-to-equity ratio?
Day One Biopharmaceuticals, Inc. (DAWN) had a debt-to-equity ratio of 0.16 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Day One Biopharmaceuticals, Inc.'s return on assets (ROA)?
Day One Biopharmaceuticals, Inc. (DAWN) had a return on assets of -16.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Day One Biopharmaceuticals, Inc.'s cash runway?
Based on fiscal year 2024 data, Day One Biopharmaceuticals, Inc. (DAWN) had $125.0M in cash against an annual operating cash burn of $78.1M. This gives an estimated cash runway of approximately 19 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Day One Biopharmaceuticals, Inc.'s Piotroski F-Score?
Day One Biopharmaceuticals, Inc. (DAWN) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Day One Biopharmaceuticals, Inc.'s earnings high quality?
Day One Biopharmaceuticals, Inc. (DAWN) has an earnings quality ratio of 0.82x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Day One Biopharmaceuticals, Inc.?
Day One Biopharmaceuticals, Inc. (DAWN) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.