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First Tracks Biotherapeutics (TRAX) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

HEALTHCARE · BIOTECHNOLOGY · DATA UPDATED 2026-09-15

First Tracks Biotherapeutics (TRAX) operates in the BIOTECHNOLOGY industry and is headquartered in San Diego, United States with about 104 employees. Its market capitalization is roughly $1 billion.

First Tracks Biotherapeutics, Inc. operates a clinical-stage biotechnology company focused on delivering immunology therapeutics for autoimmune and inflammatory diseases in United States.

Interactive charts & full statements →

TRAX Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-31
Total Revenue$0M$0M$0M
Gross Profit($140M)($152M)
Gross Margin %
Operating Income (EBIT)($185M)($179M)($181M)($118M)
Operating Margin %
Net Income($173M)($166M)($164M)($106M)
Net Margin %
EBITDA($178M)($179M)($116M)
Earnings Per Share (EPS)$-4.78$-4.71$-3.05
Shares Outstanding (M)35M35M35M35M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TRAX Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-06-302025-03-31
Total Revenue$0M$0M$0M$0M
Gross Profit$0M
Gross Margin %
Operating Income (EBIT)($35M)($53M)($46M)($51M)
Operating Margin %
Net Income($33M)($50M)($42M)($47M)
Net Margin %
EBITDA($35M)($53M)($51M)
Earnings Per Share (EPS)$-0.94$-1.45$-1.36
Shares Outstanding (M)35M35M35M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TRAX Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-31
Cash from Operations (CFO)($148M)($143M)($126M)($93M)
Capital Expenditures (CapEx)$0M$0M$0M$1M
Free Cash Flow (FCF)($148M)($143M)($126M)($94M)
FCF Margin %

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TRAX Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-06-302025-03-31
Cash from Operations (CFO)($32M)($33M)($39M)($45M)
Capital Expenditures (CapEx)$0M$0M$0M$0M
Free Cash Flow (FCF)($32M)($33M)($39M)($45M)
FCF Margin %

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TRAX Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-31
Total Assets$183M$331M$442M$444M
Cash & Cash Equivalents$168M$238M$123M$36M
Total Liabilities$14M$43M$50M$34M
Total Debt (Short + Long-Term)$2M$2M$2M$2M
Total Shareholders' Equity$169M$287M$392M$410M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive TRAX viewer.

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