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Crinetics Pharmaceuticals, Inc.

For the period ended Jun 30, 2026. Filed Aug 3, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 3, 2026

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Condensed Consolidated Statements of Operations and Comprehensive Loss

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(in thousands, except per share data)

Three months ended June 30,Six months ended June 30,
2026202520262025
Revenue:
Product revenue, net$24,038$—$34,344$—
Collaboration and license revenue1,0801,0311,5081,392
Total revenue25,1181,03135,8521,392
Operating expenses:
Cost of product revenue154—354—
Research and development99,85080,301199,931156,541
Selling, general and administrative57,57349,842108,40485,368
Total operating expenses157,577130,143308,689241,909
Loss from operations(132,459)(129,112)(272,837)(240,517)
Other income (expense):
Interest income12,02713,45524,69128,289
Other (expense) income, net(423)20(554)(183)
Total other income, net11,60413,47524,13728,106
Net loss(120,855)(115,637)(248,700)(212,411)
Net loss per share:
Net loss per share — basic and diluted$(1.14)$(1.23)$(2.37)$(2.27)
Weighted average shares — basic and diluted105,56093,791104,83493,448
Other comprehensive income (loss):
Unrealized gain (loss) on investment securities$(1,899)$(347)$(5,046)$686
Unrealized gain (loss) on foreign currency145(34)173(28)
Total other comprehensive income (loss)(1,754)(381)(4,873)658
Comprehensive loss$(122,609)$(116,018)$(253,573)$(211,753)
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.