The Tip Desk

Dyne Therapeutics, Inc.

Company Stats

Market Cap
$3.0B
as of Sep 30, 2026
Enterprise Value
$2.3B
Shares Outstanding
186.7M
Free Float
95.1%

Income Statement

Operating Income
-$468.2M
Net Income
-$446.2M
EBITDA
-$466.1M

Cash Flow

Free Cash Flow
-$405.1M
FCF Yield
-13.5%
Owner FCF Yield
-15.0%

Balance Sheet

Cash & Equivalents
$893.4M
Total Debt
$150.0M
Net Cash
$743.4M

Returns & Capital

SBC, 3Y Avg
$37.2M

Cash Flow by Year

YearRevenueFCFMargin
FY2025—-$405.1M—
FY2024—-$294.7M—
FY2023—-$188.9M—
FY2022—-$156.7M—
FY2021—-$123.2M—

Annual filing data through FY ended December 31, 2025; shares and float as of November 5, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage