Denali Therapeutics (DNLI)

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Denali Therapeutics is a clinical-stage biotechnology company focused on treatments for neurodegenerative and lysosomal storage diseases. The company’s research centers on disorders where biology, genetics, and drug-delivery challenges make traditional drug development difficult, including Parkinson’s disease, Alzheimer’s disease, amyotrophic lateral sclerosis, and rare inherited enzyme-deficiency conditions.

A defining part of Denali’s strategy is its work on medicines intended to reach the brain and central nervous system more effectively. The company develops small molecules, biologics, and its proprietary transport platforms, including the Antibody Transport Vehicle and Enzyme Transport Vehicle technologies. These approaches are designed to help therapeutic molecules cross the blood-brain barrier, one of the major obstacles in treating neurological disease.

Denali’s pipeline includes LRRK2 inhibitor programs for Parkinson’s disease, which target a genetically validated pathway associated with familial and sporadic forms of the condition. The company has also advanced enzyme replacement and antibody-based programs that use its transport technology to address diseases where large molecules must reach the brain to have a meaningful effect. Some programs are developed independently, while others involve partnerships with larger pharmaceutical companies.

Denali operates as a single business focused on discovering, developing, and ultimately commercializing therapeutics. Like many biotechnology companies, its value is closely tied to clinical trial progress, regulatory outcomes, scientific validation, and the strength of its collaborations. Its distinguishing feature is the combination of disease biology expertise and delivery technology aimed at treating conditions that have historically been hard to reach with effective medicines.

19.66 USD
19.50 USD
+0.31 (+1.60%)
After-hours

Last updated

Market Cap
3.12B
P/E
P/FCF
P/S
Enterprise Value
2.74B
Sector
Health Care
Industry
Biological Products, Except Diagnostic Substances
Address
161 OYSTER POINT BLVD., SOUTH SAN FRANCISCO, CA, 94080
GlobeNewswire Inc.

Biogen and Denali Therapeutics Provide Update on Phase 2b LUMA Study of BIIB122 (DNL151) in Early-Stage Parkinson’s Disease

22 May 2026, 02:00 AM
GlobeNewswire Inc.

Biogen and Denali Therapeutics Provide Update on Phase 2b LUMA Study of BIIB122 (DNL151) in Early-Stage Parkinson’s Disease

22 May 2026, 02:00 AM
GlobeNewswire Inc.

Oligonucleotides Clinical Trial Drug Development Pipeline Expands with Contributions from 200+ Key Companies | DelveInsight

14 May 2026, 21:00 PM
GlobeNewswire Inc.

Denali Therapeutics Presents Enzyme TransportVehicle™ Progress Across Three Clinical Programs for Treatment of Lysosomal Storage Disorders at 2026 WORLDSymposium™

05 Feb 2026, 23:00 PM
GlobeNewswire Inc.

Denali Therapeutics Announces Data Presentations on Enzyme TransportVehicle™ Programs for Hunter Syndrome, Sanfilippo Syndrome Type A and Pompe Disease at Upcoming 2026 WORLDSymposium™

30 Jan 2026, 01:00 AM
GlobeNewswire Inc.

The New England Journal of Medicine Publishes Phase 1/2 Study of Denali Therapeutics’ Tividenofusp Alfa (DNL310) for Hunter Syndrome (MPS II)

30 Dec 2025, 17:00 PM
GlobeNewswire Inc.

Denali Therapeutics Announces Pricing of Public Offering of Common Stock and Pre-Funded Warrants

10 Dec 2025, 09:14 AM
GlobeNewswire Inc.

Denali Therapeutics Announces Board and Executive Leadership Updates

07 Nov 2025, 01:00 AM
GlobeNewswire Inc.

Sandhoff Disease Treatment Market Size Projects USD 456.42 Million by 2034

17 Oct 2025, 17:00 PM
GlobeNewswire Inc.

Denali Therapeutics Announces Initiation of BLA Filing for Accelerated Approval of Tividenofusp Alfa for the Treatment of Hunter Syndrome (MPS II) and Positive Ongoing Interactions with FDA on DNL126 Through START Program

02 Apr 2025, 16:00 PM
GlobeNewswire Inc.

Mucopolysaccharidosis Market Analysis Across 7MM — Unveiling Growth Opportunities Across Different Types | DelveInsight

18 Feb 2025, 22:00 PM
GlobeNewswire Inc.

Alpha-Synuclein Inhibitors Clinical Trial Pipeline as Novel and Extensive 22+ Therapies Likely to Enter in the Domain | DelveInsight

13 Feb 2025, 22:00 PM
GlobeNewswire Inc.

Neuroregeneration Therapy Market to Surpass USD 64.8 Billion by 2034, Driven by Advancements in Regenerative Medicine and Rising Neurological Disorders | Transparency Market Research

11 Feb 2025, 12:48 PM
Zacks Investment Research

Biogen (BIIB) Q2 Earnings & Sales Beat, 2024 Guidance Raised

01 Aug 2024, 20:25 PM
Investing.com

Denali Therapeutics director sells over $678k in company stock By Investing.com - Investing.com

04 Jul 2024, 05:40 AM
Zacks Investment Research

Denali (DNLI) Outperforms Industry in 3 Months: Here's Why

28 Jun 2024, 16:37 PM
Zacks Investment Research

Denali Therapeutics (DNLI) Moves 5.8% Higher: Will This Strength Last?

24 Jun 2024, 17:07 PM
Zacks Investment Research

Why Is Prothena (PRTA) Down 1.5% Since Last Earnings Report?

07 Jun 2024, 19:30 PM
Zacks Investment Research

Why Is Denali Therapeutics (DNLI) Up 15.6% Since Last Earnings Report?

06 Jun 2024, 19:31 PM
Zacks Investment Research

Denali's (DNLI) Candidate Selected for FDA's START Pilot Program

04 Jun 2024, 21:17 PM
Market Cap
3.12B
Enterprise Value
2.74B
P/E
P/B
3.37
P/S
EV / EBITDA
-5.14
EV / Sales
EPS
-3.21
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-419.23M
ROE
-55%
ROA
-40.23%
Debt / Equity
0.01
Current Ratio
9.28
Quick Ratio
9.28
Cash
3.52
Avg Volume
1.81M
Fundamentals Snapshot Price
19.66

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue
Gross profit
Operating income -137.36M -137.37M -137.43M -134.96M -145.58M
EBITDA -134.51M -134.5M -134.49M -128.92M -143.26M
Net income -129.81M -128.55M -126.9M -124.12M -132.95M
Basic EPS -0.69 -0.73 -0.74 -0.72 -0.78
Diluted EPS -0.69 -0.73 -0.74 -0.72 -0.78

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 1.27B 1.14B 1.06B 1.17B 1.27B
Total liabilities 339.93M 131.09M 129.42M 139.19M 148.66M
Total equity 926.1M 1.01B 926.2M 1.03B 1.12B
Cash & equivalents 387.63M 205.33M 90.96M 141.21M 56.95M
Current assets 1.02B 900.66M 882.6M 934.71M 878.64M
Current liabilities 110.16M 98.35M 90.15M 91.06M 91.88M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -131.2M -98.54M -107.3M -75.3M -131.47M
Investing cash flow 94.46M 20.77M 57.83M 157.94M 18.75M
Financing cash flow 219.04M 192.13M -778K 1.62M -3.76M
Change in cash 182.3M 114.36M -50.24M 84.26M -116.48M
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edgar index 8-K — Denali Therapeutics Inc. View Filing