Shattuck Labs, Inc. income statement
In fiscal 2025, Shattuck Labs, Inc. reported revenue of $1.0m, down 82.5% on the year before, operating income of −$51.5m (a -5150.8% margin) and net income of −$48.8m, or −$0.70 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10 | 10 | 30 | 1 | 2 | 6 | 1 | 1 |
| Research and development | 29 | 37 | 57 | 83 | 74 | 67 | 35 | 39 |
| General and administrative | 6 | 9 | 19 | 21 | 19 | 19 | 17 | 17 |
| Operating income | −25 | −37 | −45 | −103 | −92 | −81 | −52 | −56 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | −24 | −37 | −45 | −102 | −87 | −75 | −49 | −53 |
| Diluted EPS | −$1.58 | −$2.36 | −$1.07 | −$2.41 | −$2.05 | −$1.49 | −$0.70 | — |
| Diluted shares (average) | 15m | 16m | 42m | 42m | 43m | 51m | 70m | — |
| EBITDA | −25 | −36 | −44 | −100 | −88 | −77 | −48 | −52 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Research and development | 16 | 15 | 10 | 9 | 8 | 9 | 11 | 12 |
| General and administrative | 5 | 4 | 4 | 4 | 4 | 4 | 5 | 4 |
| Operating income | −18 | −20 | −14 | −13 | −11 | −13 | −16 | −16 |
| Net income | −17 | −19 | −14 | −12 | −10 | −13 | −15 | −15 |
| Diluted EPS | −$0.33 | −$0.37 | −$0.27 | −$0.24 | −$0.14 | −$0.08 | −$0.13 | −$0.12 |
| EBITDA | −17 | −19 | −13 | −12 | −10 | −12 | −15 | −15 |
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