Inhibrx Biosciences, Inc.

INBX Healthcare Biotechnology

Inhibrx Biosciences, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 million, up 550.0% from fiscal 2024. In the quarter to June 2026, revenue grew 992.4%, EPS fell 26.5%, free cash flow was flat and total debt rose 77.6%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

89.83 0.67 −0.74%
Market cap
$1.3B
P/E
0.0×
Fwd P/E
−8.6×
Dividend yield
—
F-score
2/9
Altman Z
0.73
Beneish M
0.31
Dividend safety
n/a

Insider Decisions trades per month

Total buys 6.35
Total sells 0.28
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — 6 1
Sell — — — — — — — — — — 2 —
Insider Ownership 29.99%

Capital & Financial Ratios $m

Market Cap 1,330.00
Revenue 3.15
Net Income (138.18)
Free Cash Flow (131.89)
Net Debt 42.94
Current Ratio 5.07 (at or above 1.5: strong)
Debt/Equity (3.33) (negative: negative equity)
P/E ratio 0.00
Fwd P/E (8.57) (negative: loss-making)
P/S ratio 446.70 (above 10: high)
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth (5.27%) (below 0%: weak)
Next Y EPS Growth 6.09%
Next Y revenue growth 2,673.08% (at or above 10%: strong)
Next 5Y EPS Growth 15.68% (at or above 15%: strong)

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

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 278 153 124 133
Receivables 1 0 0 0
Inventory — — — —
Other — — — —
295 160 133 142
2023 2024 2025 Q'26
Payables 11 9 6 10
ST’ Debt — — — —
Other — — — —
56 41 34 28

Compound Annual Growth %

10y 5y 3y
Sales — — (0.38%)
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — 1 — — 1
’24 — 0 — 0 0
’23 — 0 0 2 2
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (38) (30) — — —
’25 (36) (30) (34) (30) (130)
’24 (63) (57) (30) (44) (194)
’23 (27) (55) (54) 7 (193)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (38) (30) — — —
’25 (36) (30) (34) (30) (130)
’24 (64) (59) (31) (44) (197)
’23 (27) (56) (55) 4 (198)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (2.15) (2.34) — — —
’25 (2.80) (1.85) (2.28) (2.11) (9.04)
’24 (5.77) 125.48 (2.84) (3.09) 112.62
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
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 — — — — — — — — 10.80 10.81

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — 18.95 94.57
People
People Employees — — — — — — — 163 161 110
Revenue/emp, $m — — — — — — 0.00 0.01 0.00 0.01
Income, $m
Income, $m Revenue — — — — — — 1 2 0 1
Gross margin, % — — — — — — 100.00 100.00 100.00 100.00
EBT — — — — — — (115) (240) 1,688 (140)
EBT margin, % — — — — — — (8,769.73) (13,318.00) 843,787.00 (10,773.31)
Net income — — — — — — (115) (241) 1,688 (140)
Depreciation — — — — — — 1 1 2 2
Per share, $
Per share, $ Revenue — — — — — — 0.00 0.15 0.01 0.08
Earnings — — — — — — — (20.48) 114.01 (9.04)
Cash flow — — — — — — 0.00 (16.41) (13.13) (8.38)
Capex — — — — — — 0.00 (0.39) (0.18) 0.00
Free cash flow — — — — — — 0.00 (16.80) (13.31) (8.38)
Book value — — — — — — 0.00 3.69 9.02 0.52
Shares, m — — — — — — — 12 15 15
Valuation, ×
Valuation, × P/E — — — — — — 0.00 0.00 0.13 0.00
P/S — — — — — — 0.00 0.00 115.71 388.28
P/B — — — — — — 0.00 0.00 1.71 153.07
EV/Sales — — — — — — 0.00 0.00 143.31 380.77
EV/FCF — — — — — — (0.58) (0.58) (1.43) (9.24)
Cash, $m
Cash, $m Operating cash flow — — — — — — (91) (193) (194) (130)
Capex — — — — — — (1) (5) (3) 0
Free cash flow — — — — — — (91) (198) (197) (130)
Balance, $m
Balance, $m Working capital — — — — — — (15) 239 120 99
Total debt — — — — — — — 207 — 101
Net debt — — — — — — — (71) (153) (24)
Shareholders’ equity — — — — — — (7) 44 134 8
Returns, %
Returns, % ROA — — — — — — 0.00 (148.74) 690.69 (85.60)
ROIC — — — — — — 0.00 0.00 0.00 0.00
ROE — — — — — — 0.00 (1,333.38) 1,905.92 (197.85)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2025

Charts ten years each

Inhibrx Biosciences, 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
RAPP Rapport Therapeutics, Inc. $1.4B — (loss-making) — — n/m −64.75% (below 0%: shrinking) 100.00% 0.00% Compare
AAPG Ascentage Pharma Group International - Unsponsored ADR $1.4B — — — — +17.74% (above 0%: growing) — — Compare
OMER Omeros Corporation $1.4B 9.5× 2.1× +35.46% (above 0%: growing) n/m +118.70% (above 0%: growing) 97.20% 0.26% Compare
INBX Inhibrx Biosciences, Inc. $1.3B — (loss-making) — (loss-making) +992.44% (above 0%: growing) n/m +0.12% (above 0%: growing) 100.00% 0.00%
ORIC Oric Pharmaceuticals, Inc. $1.3B — (loss-making) — — n/m −3.42% (below 0%: shrinking) 0.00% 0.00% Compare
TYRA Tyra Biosciences, Inc. $1.3B — (loss-making) — — n/m −31.34% (below 0%: shrinking) 0.00% 0.00% Compare
GHRS GH Research PLC $1.3B — (loss-making) — — n/m −66.62% (below 0%: shrinking) 0.00% 0.00% Compare
NKTR Nektar Therapeutics $1.3B — (loss-making) — (loss-making) −9.34% (below 0%: shrinking) n/m −65.73% (below 0%: shrinking) 100.00% (417.94%) Compare
DRTS Alpha Tau Medical Ltd. $1.2B — (loss-making) — — n/m −30.42% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $1.3B — — — — −30.88% 0.00% 0.00%

All 614 Biotechnology stocks →

Inhibrx Biosciences, Inc. (INBX) key facts

  • Strength: Inhibrx Biosciences, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 million, up 550.0% from fiscal 2024.
  • Inhibrx Biosciences, Inc. (INBX) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of October 16, 2026, INBX traded at $89.83, a market capitalization of $1.3 billion.
  • Return on equity was −197.9% and debt-to-equity -3.33.
  • Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 0.73 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Inhibrx Biosciences, Inc. (INBX) Latest News

stockrow.com/INBX · Data as of Jun 30, 2025 · For information only; not investment advice. · © 2026 stockrow.com