Kyverna Therapeutics (KYTX)
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Kyverna Therapeutics, Inc. is a clinical-stage biotechnology company developing engineered cell therapies for autoimmune diseases. Its research builds on the success of chimeric antigen receptor T-cell, or CAR T, therapy in blood cancers, but applies the technology to disorders in which harmful immune cells contribute to chronic inflammation and tissue damage. The company’s central idea is that deeply depleting disease-driving B cells may reset parts of the immune system in patients who do not respond adequately to existing medicines.
Kyverna’s lead product candidate is KYV-101, an autologous CD19 CAR T-cell therapy. Autologous means the treatment is made from a patient’s own T cells, which are collected, engineered to recognise CD19-positive B cells, expanded, and reinfused. CD19 is a well-established B-cell marker, making it a logical target for autoimmune conditions in which abnormal B-cell activity plays an important role. Kyverna is evaluating KYV-101 across several autoimmune disease settings, with the aim of producing durable responses from a single treatment course.
The company is also developing KYV-201, an allogeneic cell therapy candidate that uses the same CAR construct as KYV-101. An allogeneic approach is made from donor cells and is intended to support an “off-the-shelf” model, which could improve scalability, shorten treatment timelines, and broaden patient access if clinical development is successful.
Kyverna operates in a fast-moving area of biotechnology where scientific promise is balanced by manufacturing complexity, safety monitoring, and regulatory scrutiny. Its prospects depend on clinical evidence showing that CAR T therapies can be used safely and effectively outside oncology, particularly in severe autoimmune diseases with substantial unmet need.
Last updated
- Market Cap
- 480.28M
- P/E
- —
- P/FCF
- —
- P/S
- —
- Enterprise Value
- 473.12M
- Sector
- Health Care
- Industry
- Biological Products, Except Diagnostic Substances
- Address
- 5980 HORTON STREET, EMERYVILLE, CA, 94608
Kyverna Therapeutics to Present at Upcoming Investor Conferences
Kyverna Presents Registrational Trial Primary Analysis for Miv-cel in Stiff Person Syndrome Demonstrating Statistically Significant, Durable Clinical Benefit Across All Endpoints in an Oral, Late-Breaker Session at AAN Annual Meeting
Kyverna Therapeutics Appoints Biotech Leaders Sravan Emany and Andrew Miller to Board of Directors
Kyverna Therapeutics to Report Topline Results from Registrational Phase 2 KYSA-8 Trial of KYV-101 in Stiff Person Syndrome
Diffuse Cutaneous Systemic Sclerosis Market Forecast: Opportunities and Growth Trends Upto 2034 | DelveInsight
Kyverna Therapeutics Highlights Neuroimmunology CAR T Franchise and Registrational Phase 3 Trial Design in Myasthenia Gravis at Virtual KOL Event
Notice to Long-Term Shareholders of Archer-Daniels-Midland Co. (NYSE: ADM); Driven Brands Holdings, Inc. (Nasdaq: DRVN); Kyverna Therapeutics, Inc. (Nasdaq: KYTX); and Mercury Systems, Inc. (Nasdaq: MRCY): Grabar Law Office is Investigating Claims on Your Behalf
Long-Term Shareholder Notice: Fluence Energy, Inc. (NASDAQ: FLNC); Kyverna Therapuetics, Inc. (NASDAQ: KYTX); Mercury Systems, Inc. (NASDAQ: MRCY); and Sage Therapeutics, Inc. (NASDAQ: SAGE): Grabar Law Office Investigates Claims on Your Behalf
CAR T-cell Therapy Clinical Trial Pipeline Experiences Momentum: DelveInsight Estimates a Diverse Pipeline Comprising 180+ Companies Working in the Domain
Investors in Kyverna Therapeutics, Inc. Should Contact The Gross Law Firm Before February 7, 2025 to Discuss Your Rights – KYTX
KYTX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Kyverna Therapeutics, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Kyverna Therapeutics
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Kyverna Therapeutics, Inc. (KYTX) Shareholders
KYVERNA THERAPEUTICS SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Kyverna Therapeutics, Inc. - KYTX
Kyverna Therapeutics, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. February 7, 2025 Deadline to file Lead Plaintiff Motion.
KYVERNA THERAPEUTICS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Kyverna Therapeutics, Inc. - KYTX
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Kyverna Therapeutics, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – KYTX
KYTX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Kyverna Therapeutics, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
INVESTOR ALERT: Holzer & Holzer, LLC Reminds Investors of the February 7, 2025 Lead Plaintiff Deadline in the Kyverna Therapeutics, Inc. (KYTX) Securities Class Action – Investors With Significant Losses Encouraged to Contact the Firm
KYTX CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Kyverna Therapeutics, Inc. (KYTX) Shareholders of Securities Fraud Class Action Lawsuit
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 480.28M
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 473.12M
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 2.46
- P/S
P/S ratio compares a company's share price to its revenue per share.
- —
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -2.92
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- —
- EPS
- -2.57
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -150.4M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -79.97%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -60.85%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0.13
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 8.15
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 8.15
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 1.08
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 1.15M
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 7.9
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | -41.37M | -39.28M | -38.73M | -44.41M | -47.41M |
| EBITDA | -41.02M | -38.91M | -38.31M | -43.9M | -46.91M |
| Net income | -39.73M | -37.8M | -36.79M | -42.08M | -44.64M |
| Basic EPS | -0.66 | -0.79 | -0.85 | -0.97 | -1.03 |
| Diluted EPS | -0.66 | -0.79 | -0.85 | -0.97 | -1.03 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 257.02M | 293.83M | 187.16M | 226.51M | 260.66M |
| Total liabilities | 61.44M | 61.55M | 35.21M | 42.13M | 36.65M |
| Total equity | 195.58M | 232.28M | 151.95M | 184.38M | 224.01M |
| Cash & equivalents | 32.19M | 124.09M | 34.16M | 53.44M | 56.87M |
| Current assets | 241.73M | 282.95M | 174.93M | 214.33M | 247.65M |
| Current liabilities | 29.67M | 36.49M | 33.87M | 39.79M | 33.29M |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | -41.6M | -33.53M | -43.32M | -31.95M | -44.92M |
| Investing cash flow | -50.2M | -17.29M | 22.56M | 29.17M | 5.58M |
| Financing cash flow | -101K | 140.74M | 1.49M | -649K | -414K |
| Change in cash | -91.9M | 89.93M | -19.28M | -3.43M | -39.75M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — Kyverna Therapeutics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| form 4 | Form 4 — Aktar Mert | View Filing | |
| form 4 | Form 4 — Aktar Mert | View Filing | |
| form 4 | Form 4 — Shaw Christi | View Filing | |
| form 4 | Form 4 — SEIDENBERG BETH C | View Filing | |
| form 4 | Form 4 — SEIDENBERG BETH C | View Filing | |
| form 4 | Form 4 — SEIDENBERG BETH C | View Filing | |
| form 4 | Form 4 — SEIDENBERG BETH C | View Filing | |
| form 4 | Form 4 — Cohen Fred E | View Filing | |
| form 4 | Form 4 — Cohen Fred E | View Filing | |
| form 4 | Form 4 — Cohen Fred E | View Filing | |
| form 4 | Form 4 — CLARK IAN T | View Filing | |
| form 4 | Form 4 — CLARK IAN T | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 3 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 8-K — Kyverna Therapeutics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Martini Gregory S. | View Filing | |
| edgar index | 8-K — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 10-Q — Kyverna Therapeutics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 3 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 8-K — Kyverna Therapeutics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Dac Nadia | View Filing | |
| edgar index | 8-K — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 8-K — Kyverna Therapeutics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Kyverna Therapeutics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 144 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 144 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | DEF 14A — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | DEFA14A — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | ARS — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 144 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 424B5 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | EFFECT — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | CORRESP — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | UPLOAD — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 8-K — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 10-K — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | S-3 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | S-8 — Kyverna Therapeutics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| form 4 | Form 4 — Biddle Warner Weston | View Filing | |
| form 4 | Form 4 — Biddle Warner Weston | View Filing | |
| form 4 | Form 4 — GRASSO MARC | View Filing | |
| form 4 | Form 4 — GRASSO MARC | View Filing | |
| form 4 | Form 4 — GEHCHAN NAJI | View Filing | |
| form 4 | Form 4 — GEHCHAN NAJI | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 3 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 3 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 4 — Kyverna Therapeutics, Inc. | View Filing | |
| edgar index | 8-K — Kyverna Therapeutics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Emany Sravan Kumar | View Filing | |
| form 4 | Form 4 — Emany Sravan Kumar | View Filing | |
| form 4 | Form 4 — Miller Andrew Craig | View Filing | |
| form 4 | Form 4 — Miller Andrew Craig | View Filing |