Galecto Inc. Financials
This page shows Galecto Inc. (GLTO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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
Galecto Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Galecto Inc. passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Galecto Inc. reported a net loss of $209.8M while operations used $6.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Galecto Inc. reported an operating loss of $210.9M against $1.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Galecto Inc.'s EBITDA was -$210.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 848.1% from the prior year.
Galecto Inc. reported -$209.8M in net income in fiscal year 2025. This represents a decrease of 878.8% from the prior year.
Galecto Inc. earned $3.98 per diluted share (EPS) in fiscal year 2025. This represents an increase of 121.5% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Galecto Inc. held $257.6M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Galecto Inc. paid $0.00 per share in dividends in fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Galecto Inc.'s ROE was -87.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 48.1 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Galecto Inc. invested $26.9M in research and development in fiscal year 2025. This represents an increase of 320.1% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
GLTO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| R&D Expenses | N/A | $26.9M+320.1% | $6.4M-73.1% | $23.8M-50.7% | $48.2M+25.2% | $38.5M+56.3% | $24.6M+24.8% | $19.7M |
| SG&A Expenses | N/A | $9.7M-7.8% | $10.5M-17.2% | $12.7M-2.4% | $13.0M-5.4% | $13.7M+52.5% | $9.0M+268.5% | $2.4M |
| Operating Income | N/A | -$210.9M-847.3% | -$22.3M+44.2% | -$39.9M+34.8% | -$61.2M-17.2% | -$52.2M-55.3% | -$33.6M-186.3% | $39.0M |
| Interest Expense | N/A | $1.2M+38.3% | $844K-50.0% | $1.7M+133.9% | $722K+362.8% | $156K | N/A | N/A |
| Income Tax | N/A | $50K+22.0% | $41K | $0 | $0 | $0 | $0 | $0 |
| Net Income | N/A | -$209.8M-878.8% | -$21.4M+44.1% | -$38.3M+37.8% | -$61.6M-19.1% | -$51.8M-48.6% | -$34.8M+4.6% | -$36.5M |
| EPS (Diluted) | — | $3.98+121.5% | -$18.53+48.6% | -$36.08 | -$2.43-18.5% | -$2.05 | N/A | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit.
TTM is the trailing twelve months, Q2 FY2025 through Q1 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
GLTO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Total Assets | $260.5M+1420.7% | $17.1M-55.2% | $38.2M-47.8% | $73.2M-40.1% | $122.2M-28.8% | $171.6M+203.1% | $56.6M |
| Current Assets | $260.4M+1446.5% | $16.8M-54.2% | $36.8M-42.5% | $63.9M-42.0% | $110.1M-35.0% | $169.3M+201.9% | $56.1M |
| Cash & Equivalents | $257.6M+1717.5% | $14.2M-34.0% | $21.5M-34.5% | $32.8M-47.6% | $62.6M-61.8% | $163.6M+1348.4% | $11.3M |
| Total Liabilities | $20.1M+1448.6% | $1.3M-77.9% | $5.9M-48.4% | $11.4M+129.1% | $5.0M-18.3% | $6.1M-95.2% | $127.8M |
| Current Liabilities | $20.1M+1576.4% | $1.2M-79.5% | $5.8M-47.5% | $11.1M+144.4% | $4.5M-18.4% | $5.6M-29.8% | $7.9M |
| Total Equity | $240.4M+1418.4% | $15.8M-51.0% | $32.3M-47.6% | $61.8M-47.3% | $117.2M-29.2% | $165.5M+332.6% | -$71.1M |
| Retained Earnings | -$487.4M-75.6% | -$277.5M-8.4% | -$256.1M-17.6% | -$217.7M-39.5% | -$156.1M-49.6% | -$104.4M-50.1% | -$69.5M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
GLTO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$24.9M | -$6.7M+63.9% | -$18.6M+49.5% | -$36.9M+14.0% | -$42.9M+17.9% | -$52.3M-36.9% | -$38.2M-97.7% | -$19.3M |
| Capital Expenditures | N/A | N/A | N/A | N/A | $196K-12.1% | $223K | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | -$43.1M+17.9% | -$52.5M | N/A | N/A |
| Investing Cash Flow | N/A | -$17.4M-249.1% | $11.7M-47.8% | $22.3M+80.3% | $12.4M+125.8% | -$48.0M | N/A | -$326K |
| Financing Cash Flow | N/A | $266.8M | N/A | $2.9M+467.3% | $507K | N/A | $187.4M | N/A |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q2 FY2025 through Q1 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
GLTO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Return on Equity | -87.3%+48.1pp | -135.4%-16.8pp | -118.6%-18.8pp | -99.8%-55.6pp | -44.1%-23.1pp | -21.1% | N/A |
| Return on Assets | -80.5%+44.6pp | -125.1%-24.8pp | -100.3%-16.1pp | -84.2%-41.9pp | -42.4%-22.0pp | -20.3%+44.2pp | -64.5% |
| Current Ratio | 12.98-1.1x | 14.07+7.8x | 6.31+0.6x | 5.75-18.5x | 24.23-6.2x | 30.42+23.3x | 7.07 |
| Debt-to-Equity | 0.080.0x | 0.08-0.1x | 0.180.0x | 0.19+0.1x | 0.040.0x | 0.04 | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, FCF Margin.
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Where Galecto Inc. Ranks
Frequently Asked Questions
Is Galecto Inc. profitable?
No, Galecto Inc. (GLTO) reported a net income of -$209.8M in fiscal year 2025.
What is Galecto Inc.'s EBITDA?
Galecto Inc. (GLTO) had EBITDA of -$210.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Galecto Inc.'s return on equity (ROE)?
Galecto Inc. (GLTO) has a return on equity of -87.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Galecto Inc.'s operating cash flow?
Galecto Inc. (GLTO) recorded an outflow of $6.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Galecto Inc.'s total assets?
Galecto Inc. (GLTO) had $260.5M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Galecto Inc. spend on research and development?
Galecto Inc. (GLTO) invested $26.9M in research and development during fiscal year 2025.
What is Galecto Inc.'s current ratio?
Galecto Inc. (GLTO) had a current ratio of 12.98 as of fiscal year 2025, which is generally considered healthy.
What is Galecto Inc.'s debt-to-equity ratio?
Galecto Inc. (GLTO) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Galecto Inc.'s return on assets (ROA)?
Galecto Inc. (GLTO) had a return on assets of -80.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Galecto Inc.'s cash runway?
Based on fiscal year 2025 data, Galecto Inc. (GLTO) had $257.6M in cash against an annual operating cash burn of $6.7M. This gives an estimated cash runway of approximately 460 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 Galecto Inc.'s Piotroski F-Score?
Galecto Inc. (GLTO) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Galecto Inc.'s earnings high quality?
Galecto Inc. (GLTO) reported a net loss of $209.8M while operations used $6.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
Can Galecto Inc. cover its interest payments?
Galecto Inc. (GLTO) reported an operating loss of $210.9M against $1.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.