The Tip Desk

Denali Therapeutics Inc.

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$0.0$0.0$330.5$105.1$48.7
Operating income-$555.3-$487.3-$196.7-$340.7-$295.8
Net income-$512.5-$422.8-$145.2-$326.0-$290.6
Cash Flow Statement
Free cash flow-$422.1-$363.6-$370.9-$262.5-$219.9

Shares outstanding 159.8M · Free float 89.5%

Annual filing data through FY ended December 31, 2025; float as of October 3, 2026.

Earnings

Other Coverage