SpringWorks Therapeutics, Inc. (SWTX) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
100 WASHINGTON BOULEVARD STAMFORD, CT 06902 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2836 - Biological Products, Except Diagnostic Substances (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 461,900 | 662,600 | 597,000 | 432,700 | 561,800 | 327,652 | |||
| Cash and cash equivalent | 69,751 | 176,053 | 67,490 | 103,961 | 147,089 | 327,652 | |||
| Short-term investments | 524,722 | 269,540 | 361,395 | ||||||
| Other undisclosed cash, cash equivalents, and short-term investments | 392,149 | 486,547 | 4,788 | 59,199 | 53,316 | ||||
| Receivables | 46,238 | 5,930 | |||||||
| Inventory, net of allowances, customer advances and progress billings | 10,212 | 3,103 | |||||||
| Inventory | 10,212 | 3,103 | |||||||
| Other undisclosed current assets | (137,885) | (170,721) | 2,760 | (49,790) | (48,402) | 3,709 | |||
| Total current assets: | 380,465 | 500,912 | 599,760 | 382,910 | 513,398 | 331,361 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 6,979 | 6,144 | 4,698 | 1,010 | 1,944 | ||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 19,680 | 17,943 | 13,571 | 3,187 | 1,075 | 795 | |||
| Long-term investments and receivables | 158,123 | 185,341 | 8,987 | 62,113 | 57,207 | 976 | |||
| Long-term investments | 158,123 | 185,341 | 8,987 | 62,113 | 57,207 | 976 | |||
| Restricted cash and investments | 624 | 613 | 578 | 565 | 565 | 540 | |||
| Other noncurrent assets | 21,405 | 14,835 | 2,648 | 2,709 | 2,002 | 1,159 | |||
| Total noncurrent assets: | 206,811 | 224,876 | 30,482 | 69,584 | 62,793 | 3,470 | |||
| TOTAL ASSETS: | 587,276 | 725,788 | 630,242 | 452,494 | 576,191 | 334,831 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 98,260 | 72,965 | 47,252 | 28,807 | 16,235 | 11,607 | |||
| Accounts payable | 12,248 | 7,396 | 8,010 | 3,429 | 1,350 | 2,654 | |||
| Accrued liabilities | 86,012 | 65,569 | 39,242 | 25,378 | 14,885 | 8,953 | |||
| Deferred revenue | 4,144 | 3,314 | |||||||
| Deferred rent credit | 363 | ||||||||
| Other undisclosed current liabilities | 1,730 | 1,061 | 483 | 1,162 | 1,375 | ||||
| Total current liabilities: | 99,990 | 78,170 | 51,049 | 29,969 | 17,610 | 11,970 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 129 | 1,359 | |||||||
| Liabilities, other than long-term debt | 6,182 | 21,399 | 21,001 | 164 | 789 | ||||
| Deferred revenue | 15,403 | 16,233 | |||||||
| Deferred rent credit | 789 | ||||||||
| Other liabilities | 164 | ||||||||
| Operating lease, liability | 6,182 | 5,996 | 4,768 | 129 | 1,359 | ||||
| Other undisclosed noncurrent liabilities | (129) | ||||||||
| Total noncurrent liabilities: | 6,182 | 21,399 | 21,001 | 129 | 1,523 | 789 | |||
| Total liabilities: | 106,172 | 99,569 | 72,050 | 30,098 | 19,133 | 12,759 | |||
| Equity | |||||||||
| Equity, attributable to parent | 481,104 | 626,219 | 558,192 | 422,396 | 557,058 | 322,072 | |||
| Common stock | 7 | 7 | 6 | 5 | 5 | 4 | |||
| Treasury stock, value | (12,579) | (4,141) | (1,341) | ||||||
| Additional paid in capital | 1,646,537 | 1,524,196 | 1,130,224 | 715,216 | 675,615 | 395,097 | |||
| Accumulated other comprehensive income (loss) | 304 | 1,191 | (767) | (312) | 41 | ||||
| Accumulated deficit | (1,153,165) | (895,034) | (569,930) | (292,513) | (118,603) | (73,029) | |||
| Total equity: | 481,104 | 626,219 | 558,192 | 422,396 | 557,058 | 322,072 | |||
| TOTAL LIABILITIES AND EQUITY: | 587,276 | 725,788 | 630,242 | 452,494 | 576,191 | 334,831 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 191,589 | 5,447 | 35,000 | |||||
| Cost of revenue (Cost of Product and Service Sold) | (12,550) | (422) | ||||||
| Gross profit: | 179,039 | 5,025 | 35,000 | |||||
| Operating expenses | (457,170) | (348,038) | (280,674) | (173,468) | (81,324) | (59,239) | ||
| Other undisclosed operating loss | ||||||||
| Operating loss: | (278,131) | (343,013) | (280,674) | (173,468) | (46,324) | (59,239) | ||
| Nonoperating income | 26,000 | 22,947 | 6,147 | 546 | 1,355 | 3,547 | ||
| Investment income, nonoperating | 26,000 | 698 | 1,330 | |||||
| Other nonoperating income (expense) | (138) | (152) | 25 | 3,547 | ||||
| Loss from continuing operations before equity method investments, income taxes: | (252,131) | (320,066) | (274,527) | (172,922) | (44,969) | (55,692) | ||
| Loss from equity method investments | (6,000) | (5,038) | (2,890) | (988) | (605) | (2,614) | ||
| Loss from continuing operations: | (258,131) | (325,104) | (277,417) | (173,910) | (45,574) | (58,306) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (173,910) | (45,574) | (58,306) | |
| Net loss attributable to parent: | (258,131) | (325,104) | (277,417) | (173,910) | (45,574) | (58,306) | ||
| Other undisclosed net income available to common stockholders, basic | 7,729 | |||||||
| Net loss available to common stockholders, diluted: | (258,131) | (325,104) | (277,417) | (173,910) | (45,574) | (50,577) | ||
Comprehensive Income ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (258,131) | (325,104) | (277,417) | (173,910) | (45,574) | (58,306) | ||
| Other comprehensive income (loss) | (353) | 41 | ||||||
| Comprehensive loss: | (258,131) | (325,104) | (277,417) | (174,263) | (45,533) | (58,306) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (887) | 1,958 | (455) | |||||
| Comprehensive loss, net of tax, attributable to parent: | (259,018) | (323,146) | (277,872) | (174,263) | (45,533) | (58,306) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.