Sunday 11 October 2026 Export all EQ data to Excel Powerpack

Equillium, Inc.

EQ Healthcare Biotechnology

Equillium, Inc.’s revenue for fiscal 2024 (year ended December 2024) was $41.1 million, up 13.9% from fiscal 2023. In the quarter to June 2026, revenue fell 52.3%, EPS grew 75.0% and free cash flow fell 38.7%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for three.

1.41 0.03 −2.08%
Market cap
$91.3M
P/E
0.0×
Fwd P/E
−5.2×
Dividend yield
—
F-score
3/9
Altman Z
−6.75
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 2.43
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 2 1 1 2 — 2 2 — — — —
Insider Ownership 54.72%

Capital & Financial Ratios $m

Market Cap 91.31
Revenue 41.10
Net Income (18.01)
Free Cash Flow (20.08)
Net Debt (57.16)
Current Ratio 23.40 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (5.16) (negative: loss-making)
P/S ratio 3.89
P/B ratio 2.85
Past 5Y EPS Growth —
This Y EPS Growth 47.18% (at or above 15%: strong)
Next Y EPS Growth (11.65%) (below 0%: weak)
Next Y revenue growth (79.90%) (below 0%: weak)
Next 5Y EPS Growth 11.40%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 82.87%
10-year low 10-year high
P/B against its own 10 years 82.05%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 41 23 30 57
Receivables 4 — — —
Inventory — — — —
Other — — — —
49 25 31 58
2023 2024 2025 Q'26
Payables 5 3 1 1
ST’ Debt — — — —
Other — — — —
28 6 3 2

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — (16.36%) (3.62%)

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’24 11 14 12 4 41
’23 9 9 9 9 36
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (4) (4) — — —
’25 (8) (3) (8) (3) (23)
’24 (9) 1 (8) (3) (19)
’23 (8) (6) (2) (6) (22)
’22 (12) (11) (13) 28 (9)
’21 (8) (7) (7) (10) (32)
’20 (6) (5) (5) (8) (25)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (4) (4) — — —
’25 (8) (3) (8) (3) (23)
’24 (9) 1 (8) (3) (19)
’23 (8) (6) (2) (6) (22)
’22 (12) (11) (13) 28 (9)
’21 (8) (7) (7) (10) (32)
’20 (6) (5) (5) (8) (25)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.06) (0.04) — — —
’25 (0.24) (0.16) (0.06) (0.04) (0.39)
’24 (0.08) 0.01 0.00 (0.16) (0.23)
’23 (0.11) (0.10) (0.11) (0.07) (0.38)
’22 (1.17) (0.41) (0.40) 0.08 (1.85)
’21 (0.33) (0.31) (0.35) (0.36) (1.36)
’20 (0.45) (0.37) (0.31) (0.36) (1.46)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — 5.50 2.56 2.20 3.66 0.79 0.45 0.56 0.27

Analyst estimates 2026–2028

Powerpack
High — — 19.69 13.32 27.05 11.33 4.38 1.35 3.25 2.35
People
People Employees — 7 11 16 31 45 36 44 35 14
Revenue/emp, $m — 0.00 0.00 0.00 0.00 0.00 0.44 0.82 1.17 0.00
Income, $m
Income, $m Revenue — — — — — — 16 36 41 —
Gross margin, % — 0.00 0.00 0.00 0.00 0.00 100.00 100.00 100.00 —
EBT — (2) (13) (26) (30) (39) (62) (13) (8) (22)
EBT margin, % — 0.00 0.00 0.00 0.00 0.00 (396.14) (35.35) (18.75) 0.00
Net income — (2) (13) (26) (30) (39) (62) (13) (8) (22)
Depreciation — 0 0 0 0 1 0 (1) (1) 0
Per share, $
Per share, $ Revenue — 0.00 0.00 0.00 0.00 0.00 0.47 1.04 1.16 0.00
Earnings — (0.22) (1.09) (1.47) (1.46) (1.36) (1.85) (0.38) (0.23) (0.39)
Cash flow — (0.07) (0.62) (1.32) (1.21) (1.11) (0.26) (0.63) (0.54) (0.40)
Capex — 0.00 0.00 0.00 (0.01) 0.00 (0.01) 0.00 0.00 0.00
Free cash flow — (0.07) (0.62) (1.32) (1.22) (1.12) (0.27) (0.63) (0.54) (0.40)
Book value — (0.22) 5.33 2.41 3.43 2.31 0.95 0.65 0.54 0.50
Shares, m — 10 12 17 20 29 34 35 35 57
Valuation, ×
Valuation, × P/E — — — — — — 0.00 0.00 0.00 —
P/S — — — — — — 0.00 0.70 0.65 —
P/B — — — — — — 1.12 1.12 1.39 —
EV/Sales — — — — — — 0.00 (0.22) 0.28 —
EV/FCF — — — — — — 2.92 0.36 (0.60) —
Cash, $m
Cash, $m Operating cash flow — (1) (8) (23) (25) (32) (9) (22) (19) (23)
Capex — 0 0 0 0 0 0 0 0 0
Free cash flow — (1) (8) (23) (25) (32) (9) (22) (19) (23)
Balance, $m
Balance, $m Working capital — 7 65 52 78 74 45 22 19 28
Total debt — 8 — 10 10 10 9 — — —
Net debt — 1 (66) (43) (72) (71) (62) (41) (23) (30)
Shareholders’ equity — (2) 65 42 70 67 32 23 19 29
Returns, %
Returns, % ROA — (6.09) (35.66) (41.73) (42.30) (45.72) (76.21) (20.68) (21.19) (77.92)
ROIC — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ROE — (7.22) (42.28) (47.95) (53.38) (57.28) (126.83) (48.92) (38.75) (93.99)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2024 · latest quarter Dec 2024

Charts ten years each

Equillium, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
OKUR OnKure Therapeutics, Inc. $93.2M — (loss-making) — — n/m +22.05% (above 0%: growing) 0.00% 0.00% Compare
ATRA Atara Biotherapeutics, Inc. $92.6M — (loss-making) — (loss-making) −96.42% (below 0%: shrinking) n/m +52.10% (above 0%: growing) 69.68% (749.21%) Compare
VXRT VAXART, INC. $92.4M 2.8× 2.1× −31.58% (below 0%: shrinking) n/m +117.38% (above 0%: growing) 100.00% (48.45%) Compare
EQ Equillium, Inc. $91.3M — (loss-making) — (loss-making) −52.32% (below 0%: shrinking) n/m −38.67% (below 0%: shrinking) 100.00% 0.00%
CLLS Cellectis S.A. $90.4M — (loss-making) — −62.05% (below 0%: shrinking) n/m −36.95% (below 0%: shrinking) 100.00% (340.69%) Compare
RLYB Rallybio Corporation $90.2M 2.1× — (loss-making) 0.00% n/m +648.02% (above 0%: growing) 100.00% 0.00% Compare
NMRA Neumora Therapeutics, Inc. $90.2M — (loss-making) — — n/m +24.45% (above 0%: growing) 0.00% 0.00% Compare
MIST Milestone Pharmaceuticals Inc. $88.7M — (loss-making) — (loss-making) −62.73% (below 0%: shrinking) n/m −80.81% (below 0%: shrinking) 94.28% (4,584.97%) Compare
ICCC ImmuCell Corporation $88.6M 114× — (loss-making) +11.50% (above 0%: growing) +233.33% (above 0%: growing) +54.86% (above 0%: growing) 33.92% 26.93% Compare
Median of peers $90.3M 2.8× — −46.82% — +38.28% 81.98% (24.22%)

All 614 Biotechnology stocks →

Equillium, Inc. (EQ) key facts

  • Strength: Equillium, Inc.’s revenue for fiscal 2024 (year ended December 2024) was $41.1 million, up 13.9% from fiscal 2023.
  • Equillium, Inc. (EQ) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of October 9, 2026, EQ traded at $1.41, a market capitalization of $91.3 million.
  • Return on equity was −94.0% and debt-to-equity 0.00.
  • Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −6.75 (distress zone) for fiscal 2024.

Source: company filings (standardised) and stockrow calculations.

Equillium, Inc. (EQ) Latest News

1 Aug

Impact 3 ·
stockrow.com/EQ · Data as of Dec 31, 2024 · For information only; not investment advice. · © 2026 stockrow.com