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Kymera Therapeutics (KYMR) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Feb 27, 2025

Kymera Therapeutics (KYMR) reported revenue of $7.4M for the fourth quarter 2024 (Q4 2024), -85% from a year earlier and +98% from the quarter before.

Revenue$7.4M
Year over year-85%
Quarter over quarter+98%
Operating margin—
Net earnings−$70.8M

Kymera Therapeutics, Q4 2024: revenue $7.4M (-85% year over year), net loss $70.8M, operating cash flow −$61.8M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$7.4M+98%-85%
Operating profit−$80.8M——
Net earnings−$70.8M——
Operating cash flow−$61.8M——

What changed

Revenue was $7.4M in Q4 2024, down 85% year over year and up 98% from the previous quarter.

Operating costs exceeded revenue by $80.8M, an operating margin of -1092.2%. Total costs grew 31% against a revenue fall of 85%. The quarter ended with a net loss of $70.8M, wider than the previous quarter's $62.5M loss.

Operating cash flow was −$61.8M. Non-cash charges added back $2.0M of depreciation and amortization and $13.8M of share-based compensation. Working capital and other items used $6.8M. Capital expenditures of $936K exceeded it, leaving free cash flow of −$62.7M.

Questions

What was Kymera Therapeutics' revenue in the fourth quarter 2024?

Kymera Therapeutics (KYMR) reported revenue of $7.4M for the fourth quarter 2024 (Q4 2024), -85% from a year earlier and +98% from the quarter before.

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Source: Kymera Therapeutics 10-K on SEC EDGAR.