Crinetics Pharmaceuticals (CRNX)

NasdaqMarket Closed

Crinetics Pharmaceuticals, Inc. is a biotechnology company focused on endocrine diseases and endocrine-related tumours, particularly conditions where patients have limited treatment options or face burdensome long-term therapy. The company develops small-molecule medicines designed to target hormone-regulating pathways, with an emphasis on oral drugs that can potentially replace or improve upon injectable standards of care.

Its lead commercial product is Palsonify, the brand name for paltusotine, a once-daily oral therapy for adults with acromegaly who have not achieved adequate control after surgery or for whom surgery is not an option. Acromegaly is a rare disorder typically caused by excess growth hormone, often from a pituitary tumour, and treatment can require lifelong management. An oral option is significant because many existing therapies involve injections or procedures, creating an opportunity for convenience and adherence benefits if clinical outcomes are maintained.

Crinetics also has a pipeline aimed at additional endocrine disorders. Atumelnant is a late-stage investigational candidate being studied for congenital adrenal hyperplasia and ACTH-dependent Cushing’s syndrome, both of which involve abnormal hormone production and can cause serious metabolic and cardiovascular complications. Another programme, CRN09682, is being developed for somatostatin receptor subtype 2-expressing neuroendocrine tumours and other solid tumours with similar biology.

The company’s broader strategy is to use its discovery platform to create targeted oral therapies for rare endocrine indications where specialist physicians can identify patients clearly. As a commercial-stage pharmaceutical business, Crinetics combines marketed-product execution with the clinical and regulatory risks typical of drug development.

84.70USD
+0.26(+0.31%)

Last updated

Market Cap
$8,897,143,891
P/E
P/FCF
P/S
211.05
Enterprise Value
$8,841,645,891
Sector
Materials
Industry
Pharmaceutical Preparations
Address
6055 LUSK BLVD., SAN DIEGO, CA, 92121
globenewswire.com

Shareholder Alert: Ademi LLP investigates whether Crinetics Pharmaceuticals, Inc. is obtaining a Fair Price for Public Shareholders

21 Jul 2026, 19:37 PM
nasdaq.com

Vertex Pharmaceuticals Just Made a $10 Billion Acquisition Worth Watching

20 Jul 2026, 08:05 AM
yahoo.com

Which Pharmaceuticals ETF Is Better, the iShares IHE or State Street XPH?

16 Jul 2026, 20:55 PM
yahoo.com

Vertex Pharmaceuticals Bets $10 Billion on Crinetics to Build Endocrinology Powerhouse

12 Jul 2026, 05:02 AM
nasdaq.com

Vertex Pharmaceuticals Just Made a $10 Billion Move. Is the Stock a Buy?

10 Jul 2026, 16:25 PM
yahoo.com

Is Crinetics Pharmaceuticals, Inc. (CRNX) Stock a Buying Opportunity After a 44% Pullback?

08 Jul 2026, 23:04 PM
nasdaq.com

Vertex Is Paying a 102% Premium to Acquire Crinetics for $10 Billion. Here's Whether the Deal Is Worth It.

08 Jul 2026, 15:48 PM
nasdaq.com

Vertex Is Buying Crinetics for $10 Billion. Here's What Investors Need to Know.

08 Jul 2026, 11:20 AM
nasdaq.com

Stock Indexes Fall as Chip Stocks Sink and Crude Soars

08 Jul 2026, 06:49 AM
yahoo.com

Eli Lilly price target boost, Vertex-Crinetics deal, Meta's new social media lawsuit

08 Jul 2026, 03:28 AM
nasdaq.com

Stock Indexes Falter as Chip Stocks Tumble

08 Jul 2026, 01:09 AM
nasdaq.com

Tuesday's ETF with Unusual Volume: JHSC

08 Jul 2026, 00:56 AM
nasdaq.com

Stock Indexes Fall as Chipmakers Retreat

07 Jul 2026, 23:48 PM
Stock market

Crinetics shares surge after Vertex agrees to $10B cash buyout

07 Jul 2026, 21:38 PM
cnbc.com

Stocks making the biggest moves premarket: Fiserv, Crinetics Pharmaceuticals, Micron & more

07 Jul 2026, 19:40 PM
nasdaq.com

The Math Shows IHE Can Go To $110

07 Jul 2026, 19:35 PM
yahoo.com

Vertex signs agreement to acquire Crinetics for $10bn

07 Jul 2026, 18:55 PM
globenewswire.com

Crinetics Presents Full Results From Phase 2 Trial of Atumelnant in Congenital Adrenal Hyperplasia (CAH) in Oral Presentation at ENDO 2026

15 Jun 2026, 04:30 AM
globenewswire.com

Crinetics Presents Long Term Data at ENDO 2026 Confirming PALSONIFY™ (paltusotine) Provides Durable, Consistent Acromegaly Control

15 Jun 2026, 02:45 AM
globenewswire.com

Crinetics’ Paradigm-Shifting Portfolio and Pipeline on Display at ENDO 2026 with Six Presentations

02 Jun 2026, 16:55 PM
Market Cap
$8,897,143,891
Enterprise Value
$8,841,645,891
P/E
P/B
7.46
P/S
211.05
EV / EBITDA
-16.23
EV / Sales
209.74
EPS
-4.73
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$425,177,000
ROE
-42.08%
ROA
-37.95%
Debt / Equity
0
Current Ratio
15.57
Quick Ratio
15.53
Cash
0.69
Avg Volume
$6,498,638
Fundamentals Snapshot Price
83.86

Income Statement

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Revenue25.12M10.73M6.16M143K1.03M
Cost of revenue154K200K1.08M00
Gross profit24.96M10.53M5.09M143K1.03M
Operating income-132.46M-140.38M-133.67M-142.59M-129.11M
EBITDA-131.39M-139.22M-132.67M-141.57M-128.15M
Net income-120.86M-127.85M-122.82M-130.09M-115.64M
Income taxes00000
Interest expense00000
Other operating expenses00000
Total operating expenses157.42M150.91M138.75M142.73M130.14M
Basic EPS-1.14-1.23-1.29-1.38-1.23
Diluted EPS-1.14-1.23-1.29-1.38-1.23

Balance Sheet

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Total assets1.32B1.4B1.13B1.2B1.29B
Total liabilities129.92M120.68M134.17M123.86M118.05M
Total equity1.19B1.28B992.08M1.07B1.17B
Cash & equivalents55.5M114.34M101.54M110.9M53.73M
Current assets1.24B1.32B1.05B1.12B1.22B
Current liabilities79.92M71.09M85.07M74.16M68.4M
Accounts payable42.44M37.49M41.77M33.67M38.09M
Receivables11.96M5.68M592K00
Inventories3.49M3.06M2.02M00
Goodwill00000
Long-term debt00000

Cash Flow

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Operating cash flow-94.19M-124.7M-92.9M-110.72M-85.85M
Investing cash flow26.29M-252.36M57.11M164.81M37.95M
Financing cash flow8.93M389.88M26.04M3.08M7.06M
Change in cash-58.98M12.81M-9.76M57.18M-40.84M
Net income-120.86M-127.85M-122.82M-130.09M-115.64M
KindFilingDateLink
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edgar index8-K — Crinetics Pharmaceuticals, Inc.View Filing
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edgar index4 — Crinetics Pharmaceuticals, Inc.View Filing
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form 4Form 4 — Struthers Richard ScottView Filing