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 11, 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 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SLDB SEC filings page.
This page shows Solid Biosciences Inc. (SLDB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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).
Development spending is accelerating while operations remain cash-consuming, making external financing the dominant business mechanic.
FY2025 research and development was$140M against capital expenditures of$1.2M , making investment primarily expense-funded rather than asset-building. Operating cash flow of-$156M nearly matched free cash flow of-$157M , so cash needs are driven mainly by ongoing operations rather than large physical reinvestment.
The company raised
The balance sheet remains more equity-funded than liability-funded, with FY2025 liabilities of
Financial Health Signals
Solid Biosciences 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.
Solid Biosciences Inc. passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
Solid Biosciences Inc. reported a net loss of $174.3M while operations used $156.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Solid Biosciences Inc. reported an operating loss of $179.2M against $203K 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
Solid Biosciences Inc.'s EBITDA was -$57.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 38.0% from the same quarter a year earlier. Against the prior quarter it is down 0.1%.
Solid Biosciences Inc. reported -$54.8M in net income in Q2 2026. This represents a decrease of 38.8% from the same quarter a year earlier. Against the prior quarter it is up 3.4%.
Solid Biosciences Inc. earned -$0.38 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 26.9%.
Not reported for Q2 2026.
Cash & Balance Sheet
Solid Biosciences Inc. recorded an outflow of $52.7M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 39.6% from the same quarter a year earlier. Against the prior quarter it is down 11.3%.
Solid Biosciences Inc. held $159.4M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Solid Biosciences Inc.'s ROE was -14.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.5 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Solid Biosciences Inc. invested $44.3M in research and development in Q2 2026. This represents an increase of 36.6% from the same quarter a year earlier. Against the prior quarter it is down 4.1%.
Solid Biosciences Inc. invested $150K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 60.2% from the same quarter a year earlier. Against the prior quarter it is down 9.1%.
Not reported for Q2 2026.
SLDB 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-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| R&D Expenses | $44.3M+36.6% | $46.1M+49.3% | N/A | $38.9M+42.2% | $32.4M+66.6% | $30.9M+63.8% | N/A | $27.3M+63.6% |
| SG&A Expenses | $13.1M+41.4% | $11.2M+22.2% | N/A | $9.2M+17.1% | $9.3M+11.4% | $9.1M+14.4% | N/A | $7.9M+22.5% |
| Operating Income | -$57.4M-37.6% | -$57.3M-43.1% | N/A | -$48.1M-36.6% | -$41.7M-50.0% | -$40.1M-49.1% | N/A | -$35.2M-52.2% |
| EBITDA | -$57.0M-38.0% | -$56.9M-43.6% | N/A | -$47.7M-37.1% | -$41.3M-55.6% | -$39.6M-49.4% | N/A | -$34.8M-54.4% |
| Interest Expense | N/A | N/A | N/A | -$336K-509.8% | $60K-31.8% | $68K-28.4% | N/A | $82K-22.6% |
| Net Income | -$54.8M-38.8% | -$56.7M-44.4% | N/A | -$45.8M-39.9% | -$39.5M-57.5% | -$39.3M-61.6% | N/A | -$32.7M-56.0% |
| EPS (Basic) | -$0.38+9.5% | -$0.52+11.9% | -$0.53+48.0% | -$0.48+39.2% | -$0.42+31.1% | -$0.59+7.8% | -$1.02-2.0% | -$0.79+24.8% |
| EPS (Diluted) | -$0.38 | -$0.52 | -$0.53+48.0% | -$0.48 | -$0.42 | -$0.59 | -$1.02 | -$0.79 |
| Diluted Shares (Avg) | 144M | 110M | N/A | 94M | 94M | 66M | N/A | 41M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, Income Tax.
SLDB 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-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $420.6M+36.4% | $422.9M+23.0% | $232.5M+23.3% | $273.9M+29.3% | $308.3M+33.5% | $343.9M+38.3% | $188.7M+14.4% | $211.8M+14.7% |
| Current Assets | $395.1M+41.8% | $396.8M+26.6% | $205.5M+30.6% | $244.9M+36.4% | $278.6M+41.0% | $313.4M+46.3% | $157.3M+21.2% | $179.5M+21.0% |
| Cash & Equivalents | $159.4M+14.7% | $297.1M+41.1% | $59.9M-25.3% | $61.4M-4.7% | $138.9M+44.9% | $210.6M+79.1% | $80.2M+8.4% | $64.4M+31.3% |
| Short-Term Investments | $218.3M+69.0% | $83.6M-13.2% | $128.0M+86.3% | $174.8M+63.8% | $129.2M+36.8% | $96.3M+8.8% | $68.7M+38.4% | $106.7M+13.7% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $46.5M-7.0% | $48.8M-1.4% | $52.5M+2.2% | $56.0M+24.9% | $50.0M+32.5% | $49.4M+30.2% | $51.4M+33.7% | $44.8M+11.0% |
| Current Liabilities | $28.6M-4.2% | $30.3M+5.2% | $33.5M+10.6% | $36.3M+59.0% | $29.8M+103.2% | $28.8M+100.7% | $30.3M+108.4% | $22.9M+44.5% |
| Non-Current Liabilities | $17.9M-11.1% | $18.5M-10.6% | $19.1M-9.9% | $19.6M-10.6% | $20.2M-12.6% | $20.7M-12.5% | $21.2M-11.6% | $21.9M-10.6% |
| Total Equity | $374.1M+44.8% | $374.1M+27.1% | $180.0M+31.2% | $217.9M+30.5% | $258.3M+33.7% | $294.5M+39.7% | $137.2M+8.5% | $167.0M+15.7% |
| Retained Earnings | -$1.1B-24.0% | -$1.0B-23.3% | -$957.8M-22.3% | -$908.0M-22.6% | -$862.2M-21.8% | -$822.7M-20.4% | -$783.5M-18.9% | -$740.9M-16.0% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
SLDB 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-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$52.6M-40.6% | -$47.2M-48.3% | -$53.6M-80.7% | -$33.5M-41.2% | -$37.4M-74.3% | -$31.9M-26.4% | -$29.6M-42.4% | -$23.7M-32.5% |
| Depreciation & Amortization | $391K+1.3% | $395K-2.9% | $467K-4.3% | $376K-7.2% | $386K-68.7% | $407K+24.5% | $488K | $405K-31.1% |
| Stock-Based Compensation | $5.6M+78.6% | $5.2M+54.2% | N/A | $3.9M+31.2% | $3.1M+50.3% | $3.3M+107.4% | N/A | $3.0M+84.3% |
| Capital Expenditures | $150K-60.2% | $165K+31.0% | $565K+177.0% | $85K+466.7% | $377K+31.8% | $126K-15.4% | $204K+126.7% | $15K-96.1% |
| Free Cash Flow | -$52.7M-39.6% | -$47.4M-48.2% | -$54.1M-81.3% | -$33.6M-41.5% | -$37.8M-73.7% | -$32.0M-26.2% | -$29.8M-42.7% | -$23.7M-29.8% |
| Investing Cash Flow | -$133.6M-308.1% | $44.8M+263.0% | $47.0M+21.9% | -$45.3M-312.1% | -$32.7M-532.4% | -$27.5M+28.6% | $38.6M-14.9% | -$11.0M+55.4% |
| Financing Cash Flow | $48.5M+3127.5% | $239.0M+26.0% | $5.1M-25.9% | $1.2M-63.9% | -$1.6M-132.0% | $189.7M+76.9% | $6.9M+1274.3% | $3.3M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
SLDB 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-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -14.6%+0.6pp | -15.2%-1.8pp | N/A | -21.0%-1.4pp | -15.3%-2.3pp | -13.3%-1.8pp | N/A | -19.6%-5.1pp |
| Return on Assets | -13.0%-0.2pp | -13.4%-2.0pp | N/A | -16.7%-1.3pp | -12.8%-2.0pp | -11.4%-1.7pp | N/A | -15.4%-4.1pp |
| Current Ratio | 13.82+4.5x | 13.10+2.2x | 6.14+0.9x | 6.74-1.1x | 9.34-4.1x | 10.89-4.0x | 5.20-3.7x | 7.85-1.5x |
| Debt-to-Equity | 0.12-0.1x | 0.130.0x | 0.29-0.1x | 0.260.0x | 0.190.0x | 0.170.0x | 0.37+0.1x | 0.270.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Solid Biosciences Inc. SLDB | FY2025 | N/A | -$174.3M | N/A | $932.9M | — |
| Aura Biosciences, Inc. AURA | FY2025 | N/A | -$106.2M | N/A | $724.9M | — |
| Lexicon Pharmaceuticals Inc LXRX | FY2025 | $49.8M | -$50.3M | N/A | $898.8M | 64/100 |
| Fulcrum Therapeutics FULC | FY2025 | $0 | -$74.9M | N/A | $289.9M | — |
| Diamedica Therapeutics Inc DMAC | FY2025 | N/A | -$32.8M | N/A | $348.9M | — |
| Alumis Inc ALMS | FY2025 | $24.1M | -$243.3M | N/A | $1.3B | 37/100 |
Where Solid Biosciences Inc. Ranks
Frequently Asked Questions
Is Solid Biosciences Inc. profitable?
No, Solid Biosciences Inc. (SLDB) reported a net income of -$174.3M in fiscal year 2025.
What is Solid Biosciences Inc.'s EBITDA?
Solid Biosciences Inc. (SLDB) had EBITDA of -$177.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Solid Biosciences Inc.'s return on equity (ROE)?
Solid Biosciences Inc. (SLDB) has a return on equity of -96.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Solid Biosciences Inc.'s free cash flow?
Solid Biosciences Inc. (SLDB) recorded an outflow of $157.4M in free cash flow during fiscal year 2025. This represents a -56.4% 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 Solid Biosciences Inc.'s operating cash flow?
Solid Biosciences Inc. (SLDB) recorded an outflow of $156.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Solid Biosciences Inc.'s total assets?
Solid Biosciences Inc. (SLDB) had $232.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Solid Biosciences Inc.'s capital expenditures?
Solid Biosciences Inc. (SLDB) invested $1.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Solid Biosciences Inc. spend on research and development?
Solid Biosciences Inc. (SLDB) invested $140.3M in research and development during fiscal year 2025.
What is Solid Biosciences Inc.'s current ratio?
Solid Biosciences Inc. (SLDB) had a current ratio of 6.14 as of fiscal year 2025, which is generally considered healthy.
What is Solid Biosciences Inc.'s debt-to-equity ratio?
Solid Biosciences Inc. (SLDB) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Solid Biosciences Inc.'s return on assets (ROA)?
Solid Biosciences Inc. (SLDB) had a return on assets of -75.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Solid Biosciences Inc.'s P/E ratio?
Solid Biosciences Inc. (SLDB) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $932.9M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Solid Biosciences Inc.'s price-to-sales ratio?
Solid Biosciences Inc. (SLDB) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $932.9M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Solid Biosciences Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Solid Biosciences Inc. (SLDB) held $187.8M in cash, cash equivalents and investments, and reported an operating cash outflow of $156.3M over that year. Dividing the one by the other, the reported balance equals about 14 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 Solid Biosciences Inc.'s Piotroski F-Score?
Solid Biosciences Inc. (SLDB) 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 Solid Biosciences Inc.'s earnings high quality?
Solid Biosciences Inc. (SLDB) reported a net loss of $174.3M while operations used $156.3M 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.
Can Solid Biosciences Inc. cover its interest payments?
Solid Biosciences Inc. (SLDB) reported an operating loss of $179.2M against $203K 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.