A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KRSA SEC filings page.
Korsana Biosciences, Inc. (KRSA) reported $2.1M in revenue for fiscal year 2025, up 3.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Korsana Biosciences, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Korsana Biosciences, Inc. held $8.6M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $3.3M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Korsana Biosciences, Inc. scores 57/100 among other emerging companies.
Korsana Biosciences, Inc. had 4M shares outstanding at the end of fiscal year 2025, against 3M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Korsana Biosciences, Inc. scores 28/100 among other emerging companies.
Korsana Biosciences, Inc. spent $959K on research and development in fiscal year 2025, which was 13.6% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Korsana Biosciences, Inc. scores 42/100 among other emerging companies.
Korsana Biosciences, Inc. reported revenue of $2.1M in fiscal year 2025, against $2.0M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Korsana Biosciences, Inc. scores 48/100 among other emerging companies.
Korsana Biosciences, Inc.'s operations used $3.3M of cash in fiscal year 2025, against $4.3M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Korsana Biosciences, Inc. scores 83/100 among other emerging companies.
Korsana Biosciences, Inc.'s cash, cash equivalents and investments came to $8.6M at the end of fiscal year 2025, against $900K of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Korsana Biosciences, Inc. scores 96/100 among other emerging companies.
Korsana Biosciences, Inc. scores 1023.04, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.6B) relative to total liabilities ($900K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Korsana Biosciences, Inc. passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Korsana Biosciences, Inc. reported a net loss of $3.5M while operations used $3.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Korsana Biosciences, Inc. reported -$1.8M in net income in Q2 2026. This represents a decrease of 441.7% from the same quarter a year earlier. Against the prior quarter it is up 44.8%.
Korsana Biosciences, Inc. earned -$0.41 per diluted share (EPS) in Q2 2026. This represents a decrease of 272.7% from the same quarter a year earlier. Against the prior quarter it is up 46.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Korsana Biosciences, Inc. recorded an outflow of $1.4M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 184.7% from the same quarter a year earlier. Against the prior quarter it is down 15.3%.
Korsana Biosciences, Inc. held $1.4M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Korsana Biosciences, Inc.'s ROE was -34.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 30.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 12.3 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Korsana Biosciences, Inc. reported no capital expenditure in Q2 2026. Against the prior quarter it is down 100.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
KRSA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-K | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-K | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $0-100.0% | $1.0M | $875K+351.0% | $93K | $81K | N/A | $194K |
| R&D Expenses | N/A | $730K+1927.8% | $519K | $348K+329.6% | $56K-46.7% | $36K-18.2% | N/A | $81K-86.0% |
| SG&A Expenses | $1.8M+3.6% | $2.5M+65.0% | $1.3M | $1.5M+23.5% | $1.7M+33.6% | $1.5M-4.6% | N/A | $1.2M-41.8% |
| Operating Income | -$1.8M-5.9% | -$3.2M-120.2% | -$838K | -$1.0M+10.8% | -$1.7M-20.8% | -$1.5M+10.0% | N/A | -$1.1M+81.2% |
| Net Income | -$1.8M-441.7% | -$3.2M-122.3% | -$799K | -$976K-35.0% | -$324K+75.5% | -$1.4M+7.3% | N/A | -$723K-109.6% |
| EPS (Basic) | -$0.41-272.7% | -$0.76-35.7% | -$0.19-186.4% | -$0.30-3.4% | -$0.11+79.2% | -$0.56+9.7% | $0.22+131.4% | -$0.29-109.4% |
| EPS (Diluted) | -$0.41-272.7% | -$0.76 | -$0.19-186.4% | -$0.30-3.4% | -$0.11+79.2% | -$0.56+9.7% | $0.22+131.4% | -$0.29-110.7% |
| Diluted Shares (Avg) | 4M+38.4% | 4M | N/A | 3M+27.7% | 3M+22.4% | 3M+2.5% | N/A | 3M-9.3% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, EBITDA, Interest Expense, Income Tax.
KRSA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-K | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-K | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.9M-26.0% | $8.5M-13.6% | $10.0M+4.3% | $10.4M+17.0% | $9.4M-6.9% | $9.8M-13.3% | $9.6M-28.4% | $8.9M-41.5% |
| Current Assets | $1.5M-62.3% | $3.1M-31.3% | $4.6M+9.7% | $5.1M+42.8% | $4.0M-14.7% | $4.5M-25.2% | $4.2M-47.3% | $3.5M-64.0% |
| Cash & Equivalents | $1.4M-53.7% | $2.8M-22.4% | $3.2M+0.2% | $4.6M+59.1% | $3.0M-34.5% | $3.6M-36.1% | $3.2M-57.3% | $2.9M-68.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $0-100.0% | $0-100.0% | $1.0M+79.9% | $100K+127.3% | $525K | $581K | $556K | $44K |
| Long-Term Investments | $5.3M0.0% | $5.3M0.0% | $5.3M0.0% | $5.3M0.0% | $5.3M0.0% | $5.3M0.0% | $5.3M0.0% | $5.3M0.0% |
| Total Liabilities | $1.8M+130.4% | $1.7M+60.6% | $900K+24.1% | $877K+25.3% | $800K-37.6% | $1.1M-26.0% | $725K-65.2% | $700K-70.1% |
| Current Liabilities | $1.8M+130.4% | $1.7M+60.6% | $900K+24.1% | $877K+25.3% | $800K-37.6% | $1.1M-26.0% | $725K-65.2% | $700K-70.1% |
| Non-Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Equity | $5.1M-40.6% | $6.8M-22.7% | $9.1M+2.7% | $9.5M+16.3% | $8.6M-2.4% | $8.8M-11.5% | $8.8M-21.6% | $8.2M-36.3% |
| Retained Earnings | -$276.0M-2.5% | -$274.2M-2.0% | -$271.0M-1.3% | -$270.2M-0.8% | -$269.2M-0.7% | -$268.9M-1.1% | -$267.5M-1.2% | -$268.0M-2.0% |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
KRSA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-K | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-K | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.4M-184.7% | -$1.2M-21.5% | -$1.6M-538.6% | -$264K+84.6% | -$503K+54.5% | -$968K+48.3% | $360K+123.4% | -$1.7M+75.3% |
| Stock-Based Compensation | $51K-55.3% | $58K-49.1% | N/A | $118K-14.5% | $114K-38.0% | $114K-37.0% | N/A | $138K-13.2% |
| Capital Expenditures | $0 | $66K | N/A | N/A | $0 | $0 | N/A | N/A |
| Free Cash Flow | -$1.4M-184.7% | -$1.2M-28.3% | N/A | N/A | -$503K | -$968K | N/A | N/A |
| Investing Cash Flow | $0 | -$66K | N/A | N/A | $0 | $0 | $0 | $0-100.0% |
| Financing Cash Flow | $0+100.0% | $825K-40.0% | $251K | $1.8M | -$130K | $1.4M | $0 | $0 |
Not reported in any period shown, so not listed: Depreciation & Amortization, Dividends Paid, Share Buybacks.
KRSA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-K | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-K | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | N/A | N/A | -81.8% | -115.0% | -1797.8% | -1798.8% | N/A | -581.4% |
| Net Margin | N/A | N/A | -78.0% | -111.5% | -348.4% | -1764.2% | N/A | -372.7% |
| Return on Equity | -34.5%-30.7pp | -46.8%-30.5pp | -8.8% | -10.2%-1.4pp | -3.8%+11.3pp | -16.3%-0.7pp | N/A | -8.8%-67.6pp |
| Return on Assets | -25.3%-21.9pp | -37.4%-22.8pp | -8.0% | -9.4%-1.2pp | -3.5%+9.7pp | -14.5%-0.9pp | N/A | -8.1%-57.9pp |
| Current Ratio | 0.82-4.2x | 1.80-2.4x | 5.15-0.7x | 5.78+0.7x | 5.03+1.3x | 4.210.0x | 5.83+2.0x | 5.07+0.9x |
| Debt-to-Equity | 0.36+0.3x | 0.25+0.1x | 0.100.0x | 0.090.0x | 0.09-0.1x | 0.120.0x | 0.08-0.1x | 0.09-0.1x |
| Asset Turnover | N/A | 0.000.0x | 0.10 | 0.08+0.1x | 0.010.0x | 0.010.0x | N/A | 0.020.0x |
| FCF Margin | N/A | N/A | N/A | N/A | -540.9% | -1195.1% | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Where Korsana Biosciences, Inc. Ranks
Frequently Asked Questions
What is Korsana Biosciences, Inc.'s annual revenue?
Korsana Biosciences, Inc. (KRSA) reported $2.1M in total revenue for fiscal year 2025. This represents a 3.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Korsana Biosciences, Inc.'s revenue growing?
Korsana Biosciences, Inc. (KRSA) revenue grew by 3.7% year-over-year, from $2.0M to $2.1M in fiscal year 2025.
Is Korsana Biosciences, Inc. profitable?
No, Korsana Biosciences, Inc. (KRSA) reported a net income of -$3.5M in fiscal year 2025.
What is Korsana Biosciences, Inc.'s return on equity (ROE)?
Korsana Biosciences, Inc. (KRSA) has a return on equity of -38.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Korsana Biosciences, Inc.'s operating cash flow?
Korsana Biosciences, Inc. (KRSA) recorded an outflow of $3.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Korsana Biosciences, Inc.'s total assets?
Korsana Biosciences, Inc. (KRSA) had $10.0M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Korsana Biosciences, Inc. spend on research and development?
Korsana Biosciences, Inc. (KRSA) invested $959K in research and development during fiscal year 2025.
What is Korsana Biosciences, Inc.'s current ratio?
Korsana Biosciences, Inc. (KRSA) had a current ratio of 5.15 as of fiscal year 2025, which is generally considered healthy.
What is Korsana Biosciences, Inc.'s debt-to-equity ratio?
Korsana Biosciences, Inc. (KRSA) had a debt-to-equity ratio of 0.10 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Korsana Biosciences, Inc.'s return on assets (ROA)?
Korsana Biosciences, Inc. (KRSA) had a return on assets of -35.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Korsana Biosciences, Inc.'s P/E ratio?
Korsana Biosciences, Inc. (KRSA) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.6B as of Sep 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Korsana Biosciences, Inc.'s price-to-sales ratio?
Korsana Biosciences, Inc. (KRSA) trades at 768x sales, its market capitalization divided by revenue of $2.1M revenue, FY2025. The market capitalization is $1.6B as of Sep 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Korsana Biosciences, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Korsana Biosciences, Inc. (KRSA) held $8.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $3.3M over that year. Dividing the one by the other, the reported balance equals about 31 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Korsana Biosciences, Inc.'s Altman Z-Score?
Korsana Biosciences, Inc. (KRSA) has an Altman Z-Score of 1023.04, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Korsana Biosciences, Inc.'s Piotroski F-Score?
Korsana Biosciences, Inc. (KRSA) has a Piotroski F-Score of 1 out of 7 computable signals; 2 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 Korsana Biosciences, Inc.'s earnings high quality?
Korsana Biosciences, Inc. (KRSA) reported a net loss of $3.5M while operations used $3.3M 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.
How financially healthy is Korsana Biosciences, Inc.?
Korsana Biosciences, Inc. (KRSA) scores 59 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.