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RNAM

Avidity Biosciences Inc

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No historical data available

Latest Quote

$72.82

Current Price
Day High $73.04
Day Low $72.75
Fetched: 2026-04-25T03:52:37
Stock Information
Shares Outstanding 154.48M
Total Debt $49.25M
Cash Equivalents $1.70B
Revenue $18.75M
Net Income $-684.63M
Sector Healthcare
Industry Biotechnology
Market Cap $11.25B
EPS (TTM) $-4.19
Exchange NGM
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Recent Price History
No history data available. Data will be fetched automatically.
About Avidity Biosciences Inc

Avidity Biosciences, Inc., a biopharmaceutical company, engages in the delivery of RNA therapeutics called antibody oligonucleotide conjugates (AOCs). Its AOC platform is designed to combine the specificity of monoclonal antibodies with the precision of RNA therapeutics to target the root cause of diseases previously untreatable with such therapeutics. The company's pipeline has three programs in clinical development, such as Delpacibart zotadirsen which is in Phase 2 EXPLORE44 open-label extension study for the treatment of Duchenne muscular dystrophy; Delpacibart etedesiran which is in Phase 3 development stage for the treatment of people with myotonic dystrophy type 1; and Delpacibart braxlosiran that is in Phase 1/2 development stage for the treatment of facioscapulohumeral muscular dystrophy. The company is also developing precision cardiology candidates targeting rare genetic cardiomyopathies, including AOC 1086 for phospholamban cardiomyopathy and AOC 1072 for protein kinase AMP-activated non-catalytic subunit gamma 2 syndrome. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California. As of February 27, 2026, Avidity Biosciences, Inc. operates as a subsidiary of Novartis AG.

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Income Statement (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenue
Total Revenue $10,897,000 $9,560,000 $9,224,000 $9,326,000
Operating Revenue $10,897,000 $9,560,000 $9,224,000 $9,326,000
Expenses
Total Expenses $389,833,000 $245,158,000 $188,137,000 $127,377,000
Other Income Expense $-248,000 $-594,000 $-57,000 $-62,000
Other Non Operating Income Expenses $-248,000 $-594,000 $-57,000 $-62,000
Net Non Operating Interest Income Expense $56,882,000 $23,972,000 $4,975,000 $104,000
Operating Expense $389,833,000 $245,158,000 $188,137,000 $127,377,000
General And Administrative Expense $86,240,000 $54,190,000 $37,733,000 $26,195,000
Interest Expense - - $0 $0
Interest Expense Non Operating - - $0 $0
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-322,302,000 $-212,220,000 $-173,995,000 $-118,009,000
Net Interest Income $56,882,000 $23,972,000 $4,975,000 $104,000
Interest Income $56,882,000 $23,972,000 $4,975,000 $104,000
Normalized Income $-322,302,000 $-212,220,000 $-173,995,000 $-118,009,000
Net Income From Continuing And Discontinued Operation $-322,302,000 $-212,220,000 $-173,995,000 $-118,009,000
Total Operating Income As Reported $-378,936,000 $-235,598,000 $-178,913,000 $-118,051,000
Net Income Common Stockholders $-322,302,000 $-212,220,000 $-173,995,000 $-118,009,000
Net Income $-322,302,000 $-212,220,000 $-173,995,000 $-118,009,000
Net Income Including Noncontrolling Interests $-322,302,000 $-212,220,000 $-173,995,000 $-118,009,000
Net Income Continuous Operations $-322,302,000 $-212,220,000 $-173,995,000 $-118,009,000
Pretax Income $-322,302,000 $-212,220,000 $-173,995,000 $-118,009,000
Interest Income Non Operating $56,882,000 $23,972,000 $4,975,000 $104,000
Operating Income $-378,936,000 $-235,598,000 $-178,913,000 $-118,051,000
Per Share
Diluted EPS $-2.89 $-2.91 $-3.34 $-5.70
Basic EPS $-2.89 $-2.91 $-3.34 $-5.70
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-376,160,000 $-233,497,000 $-177,526,000 $-117,412,000
Reconciled Depreciation $2,776,000 $2,101,000 $1,387,000 $639,000
EBITDA (Bullshit earnings) $-376,160,000 $-233,497,000 $-177,526,000 $-117,412,000
EBIT $-378,936,000 $-235,598,000 $-178,913,000 $-118,051,000
Diluted Average Shares $111,582,000 $73,012,000 $52,162,000 $20,714,000
Basic Average Shares $111,582,000 $73,012,000 $52,162,000 $20,714,000
Diluted NI Availto Com Stockholders $-322,302,000 $-212,220,000 $-173,995,000 $-118,009,000
Research And Development $303,593,000 $190,968,000 $150,404,000 $101,182,000
Selling General And Administration $86,240,000 $54,190,000 $37,733,000 $26,195,000
Other Gand A $86,240,000 $54,190,000 $37,733,000 $26,195,000
Fetched: 2026-03-02
Balance Sheet (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Net Tangible Assets $1,424,959,000 $500,764,000 $578,075,000 $381,430,000
Total Assets $1,563,895,000 $628,555,000 $638,800,000 $427,580,000
Total Non Current Assets $21,605,000 $17,248,000 $15,858,000 $16,439,000
Other Non Current Assets $3,316,000 $596,000 $849,000 $850,000
Current Assets $1,542,290,000 $611,307,000 $622,942,000 $411,141,000
Prepaid Assets $12,571,000 $7,333,000 $8,340,000 $5,598,000
Receivables $28,222,000 $8,623,000 $3,875,000 -
Accrued Interest Receivable $28,222,000 $7,518,000 $1,511,000 -
Accounts Receivable $0 $1,105,000 $2,364,000 -
Cash Cash Equivalents And Short Term Investments $1,501,497,000 $595,351,000 $610,727,000 $405,543,000
Cash And Cash Equivalents $219,868,000 $185,082,000 $340,396,000 $320,448,000
Other Current Assets - - $12,215,000 $5,598,000
Debt
Total Debt $6,801,000 $9,852,000 $10,687,000 $11,729,000
Long Term Debt And Capital Lease Obligation $2,957,000 $6,213,000 $7,582,000 $9,960,000
Current Debt And Capital Lease Obligation $3,844,000 $3,639,000 $3,105,000 $1,769,000
Liabilities
Total Liabilities Net Minority Interest $138,936,000 $127,791,000 $60,725,000 $46,150,000
Total Non Current Liabilities Net Minority Interest $40,918,000 $47,111,000 $8,817,000 $16,492,000
Non Current Deferred Liabilities $37,961,000 $40,898,000 $1,235,000 $6,532,000
Current Liabilities $98,018,000 $80,680,000 $51,908,000 $29,658,000
Current Deferred Liabilities $20,987,000 $28,365,000 $5,041,000 $4,864,000
Payables And Accrued Expenses $69,524,000 $34,341,000 $32,572,000 $14,085,000
Payables $8,461,000 $8,809,000 $4,637,000 $2,806,000
Accounts Payable $8,461,000 $8,809,000 $4,637,000 $2,806,000
Equity
Common Stock Equity $1,424,959,000 $500,764,000 $578,075,000 $381,430,000
Total Equity Gross Minority Interest $1,424,959,000 $500,764,000 $578,075,000 $381,430,000
Stockholders Equity $1,424,959,000 $500,764,000 $578,075,000 $381,430,000
Gains Losses Not Affecting Retained Earnings $2,902,000 $125,000 $-2,698,000 $-187,000
Other Equity Adjustments $2,902,000 $125,000 $-2,698,000 $-187,000
Retained Earnings $-893,066,000 $-570,764,000 $-358,544,000 $-184,549,000
Other
Ordinary Shares Number $119,893,000 $79,275,000 $69,768,000 $47,754,000
Share Issued $119,893,000 $79,275,000 $69,768,000 $47,754,000
Tangible Book Value $1,424,959,000 $500,764,000 $578,075,000 $381,430,000
Invested Capital $1,424,959,000 $500,764,000 $578,075,000 $381,430,000
Working Capital $1,444,272,000 $530,627,000 $571,034,000 $381,483,000
Capital Lease Obligations $6,801,000 $9,852,000 $10,687,000 $11,729,000
Total Capitalization $1,424,959,000 $500,764,000 $578,075,000 $381,430,000
Additional Paid In Capital $2,315,111,000 $1,071,395,000 $939,310,000 $566,161,000
Capital Stock $12,000 $8,000 $7,000 $5,000
Common Stock $12,000 $8,000 $7,000 $5,000
Non Current Deferred Revenue $37,961,000 $40,898,000 $1,235,000 $6,532,000
Long Term Capital Lease Obligation $2,957,000 $6,213,000 $7,582,000 $9,960,000
Current Deferred Revenue $20,987,000 $28,365,000 $5,041,000 $4,864,000
Current Capital Lease Obligation $3,844,000 $3,639,000 $3,105,000 $1,769,000
Pensionand Other Post Retirement Benefit Plans Current $3,663,000 $14,335,000 $11,190,000 $8,940,000
Current Accrued Expenses $61,063,000 $25,532,000 $27,935,000 $11,279,000
Net PPE $18,289,000 $16,652,000 $15,009,000 $15,589,000
Accumulated Depreciation $-7,997,000 $-5,221,000 $-3,120,000 $-1,733,000
Gross PPE $26,286,000 $21,873,000 $18,129,000 $17,322,000
Leases $288,000 $288,000 $249,000 $249,000
Construction In Progress $3,959,000 $0 - -
Other Properties $14,180,000 $19,479,000 $15,972,000 $15,559,000
Machinery Furniture Equipment $2,240,000 $2,106,000 $1,908,000 $1,514,000
Buildings And Improvements $5,619,000 - - -
Properties $0 $0 $0 $0
Other Short Term Investments $1,281,629,000 $410,269,000 $270,331,000 $85,095,000
Preferred Stock - - - $0
Fetched: 2026-03-02
Cash Flow Statement (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Free Cash Flow
Free Cash Flow $-307,936,000 $-123,292,000 $-139,091,000 $-98,553,000
Operating Activities
Operating Cash Flow $-300,870,000 $-119,064,000 $-136,268,000 $-94,813,000
Cash Flow From Continuing Operating Activities $-300,870,000 $-119,064,000 $-136,268,000 $-94,813,000
Operating Gains Losses - - - $-16,000
Investing Activities
Capital Expenditure $-7,066,000 $-4,228,000 $-2,823,000 $-3,740,000
Investing Cash Flow $-854,201,000 $-130,070,000 $-189,955,000 $-82,517,000
Cash Flow From Continuing Investing Activities $-854,201,000 $-130,070,000 $-189,955,000 $-82,517,000
Financing Activities
Issuance Of Capital Stock $1,000,549,000 $91,737,000 $344,779,000 $174,677,000
Financing Cash Flow $1,192,357,000 $93,864,000 $346,171,000 $176,316,000
Cash Flow From Continuing Financing Activities $1,192,357,000 $93,864,000 $346,171,000 $176,316,000
Net Common Stock Issuance $1,000,549,000 $91,737,000 $344,779,000 $174,677,000
Common Stock Issuance $1,000,549,000 $91,737,000 $344,779,000 $174,677,000
Net Preferred Stock Issuance - $31,190,000 $0 $0
Preferred Stock Issuance - $31,190,000 $0 $0
Net Other Financing Charges - - - $-11,262,000
Cash Dividends Paid - - - $0
Other
End Cash Position $222,663,000 $185,377,000 $340,647,000 $320,699,000
Beginning Cash Position $185,377,000 $340,647,000 $320,699,000 $321,713,000
Changes In Cash $37,286,000 $-155,270,000 $19,948,000 $-1,014,000
Proceeds From Stock Option Exercised $191,808,000 $2,127,000 $1,392,000 $1,639,000
Net Investment Purchase And Sale $-847,135,000 $-125,842,000 $-187,132,000 $-78,777,000
Sale Of Investment $586,400,000 $335,160,000 $168,705,000 $6,580,000
Purchase Of Investment $-1,433,535,000 $-461,002,000 $-355,837,000 $-85,357,000
Net PPE Purchase And Sale $-7,066,000 $-4,228,000 $-2,823,000 $-3,740,000
Purchase Of PPE $-7,066,000 $-4,228,000 $-2,823,000 $-3,740,000
Change In Working Capital $-14,557,000 $61,129,000 $7,067,000 $4,643,000
Change In Other Working Capital $-10,315,000 $62,987,000 $-5,120,000 $-4,444,000
Change In Other Current Liabilities $-3,696,000 $-3,328,000 $-1,762,000 $-234,000
Change In Payables And Accrued Expense $24,511,000 $4,914,000 $20,565,000 $11,831,000
Change In Accrued Expense $-10,672,000 $3,145,000 $2,250,000 $5,788,000
Change In Payable $35,183,000 $1,769,000 $18,315,000 $6,043,000
Change In Account Payable $35,183,000 $1,769,000 $18,315,000 $6,043,000
Change In Prepaid Assets $-25,057,000 $-3,444,000 $-6,616,000 $-2,510,000
Other Non Cash Items $3,297,000 $2,978,000 $2,749,000 $679,000
Stock Based Compensation $51,363,000 $38,222,000 $27,139,000 $17,056,000
Amortization Of Securities $-21,447,000 $-11,274,000 $-615,000 $179,000
Depreciation Amortization Depletion $2,776,000 $2,101,000 $1,387,000 $639,000
Depreciation And Amortization $2,776,000 $2,101,000 $1,387,000 $639,000
Depreciation $2,776,000 $2,101,000 $1,387,000 $639,000
Net Income From Continuing Operations $-322,302,000 $-212,220,000 $-173,995,000 $-118,009,000
Repayment Of Debt - - $0 $0
Interest Paid Supplemental Data - - $0 $0
Net Issuance Payments Of Debt - - $0 $0
Net Long Term Debt Issuance - - $0 $0
Long Term Debt Payments - - $0 $0
Issuance Of Debt - - - $0
Long Term Debt Issuance - - - $0
Gain Loss On Sale Of PPE - - - $-16,000
Fetched: 2026-03-02