Pyxis Oncology, Inc.

PYXS

Healthcare Biotechnology

Pyxis Oncology, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $13.9 million, down 14.2% from fiscal 2024.

EPS
−33.3%
Free cash flow
−5.46%

Quarter to June 2026, against a year earlier

1.66 0.05 +3.11%
Market cap
$198.6M
P/E
n/m
Fwd P/E
n/m
Dividend yield
—
F-score
n/a
ROIC
0.00%
Net debt / EBITDA
0.8×
Dividend safety
n/a

Insider Decisions last twelve months

Net sold
$107.1K
Trades
1 sell · 1 buy
Ownership
0.00%

Capital & Financial Ratios $m

Size
Market Cap 199
Revenue ttm —
Net income ttm (89)
Free cash flow ttm (68)
Net debt Q (34)
Valuation
P/E n/m
Forward P/E n/m
Price / sales n/m
Forward P/S Powerpack
Price / FCF n/m
Price / book 9.3 (above 6: high)
Financial health
Current ratio Q 1.3
Debt / equity Q n/m
Interest coverage Q —
Growth
Revenue growth Q —
Operating income growth Q −31.6% (below 0%: shrinking)
EPS, this year +10.4%
EPS, next year A +27.6% (at or above 15%: strong)
Revenue, next year A −99.9% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +10.9%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/B against its own 10 years 92.78%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 121 128 68 34
Receivables — — — —
Inventory — — — —
Other — — — —
125 132 72 37
2023 2024 2025 Q'26
Payables 4 5 11 3
ST’ Debt — — — —
Other — — — 10
26 18 21 27

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (30.75%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.37) (0.40) — — —
’25 (0.35) (0.30) (0.35) (0.29) (1.28)
’24 (0.06) (0.29) (0.35) (0.60) (1.32)
’23 (0.54) (0.41) (0.56) (0.35) (1.85)
’22 (0.97) (0.79) (0.85) (1.04) (3.65)
’21 (27.26) (5.54) (8.96) 32.81 (8.95)
’20 — — (2.93) — (12.44)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — 3 — 11 14
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (26) (18) — — —
’25 (23) (17) (13) (10) (64)
’24 (21) (3) (15) (19) (58)
’23 (27) (11) (18) (15) (71)
’22 (28) (24) (21) (17) (89)
’21 (19) 3 (7) (12) (35)
’20 — — (7) (3) (10)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (26) (18) — — —
’25 (23) (17) (13) (10) (64)
’24 (21) (3) (15) (19) (58)
’23 (31) (13) (18) (15) (77)
’22 (28) (24) (25) (19) (96)
’21 (19) 2 (7) (12) (36)
’20 — — (8) (3) (12)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — 16 14 — (14.2%) — 3 14 (0.1%)
Gross margin, % — — — — 0.00 0.00 0.00 — 97.06 82.77 0.00 +82.8 pt
EBT — — — (3) (13) (76) (121) (74) (79) (78) (88) +74.5%
EBT margin, % — — — 0.00 0.00 0.00 0.00 0.00 (492.35) (564.55) 0.00 (564.6) pt
Net income — 0 — (3) (13) (76) (121) (74) (77) (80) (89) n/m
Per share, $
Per share, $ Revenue — — — 0.00 0.00 0.00 0.00 0.00 0.28 0.22 0.00 n/m
Earnings — — — (0.08) (12.44) (8.95) (3.65) (1.85) (1.32) (1.28) (1.41) +58.7%
Cash flow — — — (0.07) (9.78) (4.16) (2.70) (1.77) (0.99) (1.02) (1.06) +58.2%
Capex — — — 0.00 (1.44) (0.06) (0.19) (0.17) 0.00 0.00 0.00 n/m
Free cash flow — — — (0.07) (11.22) (4.22) (2.90) (1.94) (0.99) (1.02) (1.06) +58.2%
Book value — — — 0.56 (15.17) 30.77 4.87 3.15 2.07 0.86 0.18 +7.5%
Shares, m — — — 34 1 8 33 40 58 62 63 +10.4%
Valuation, ×
Valuation, × P/E — — — — — — — — 0.00 0.00 0.00 0.0
P/S — — — — — — — — 0.00 0.00 0.00 0.0
P/B — — — — — — — — 0.76 1.34 9.29 1.0
EV/Sales — — — — — — — — 0.00 0.00 0.00 0.0
EV/FCF — — — — — — — — 0.64 (0.05) (1.06) 0.3
Cash, $m
Cash, $m Operating cash flow — — — (2) (10) (35) (89) (71) (58) (64) (68) +74.6%
Capex — — — — (1) (1) (6) (7) 0 0 0 (64.0%)
Free cash flow — — — (2) (12) (36) (96) (77) (58) (64) (68) +74.6%
Balance, $m
Balance, $m Working capital — — — 19 4 260 155 99 115 51 9 +17.9%
Net debt — — — (20) (8) (276) (181) (121) (128) (68) (34) +23.1%
Shareholders’ equity — — — 19 (16) 261 161 126 121 53 11 +18.7%
Returns, %
Returns, % ROA — — — (27.99) (85.64) (52.37) (49.13) (38.32) (46.74) (64.03) (99.62) (36.0) pt
ROIC — — — 0.00 0.00 0.00 0.00 (1,041.19) 0.00 0.00 0.00 0.0 pt
ROE — — — 29.94 138.54 (61.85) (57.19) (51.51) (62.75) (91.43) (179.10) (121.4) pt
People
People Employees — — — — — 56 75 50 44 56 — 0.0%
Revenue/emp, $m — — — — — 0.00 0.00 0.00 0.37 0.25 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2025 · fundamentals updated 25 Oct 2026

Pyxis Oncology, 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
ELDN Eledon Pharmaceuticals, Inc. $211.7M — (loss-making) — — n/m −28.02% (below 0%: shrinking) 0.00% 0.00% Compare
IKT Inhibikase Therapeutics, Inc. $209.3M — (loss-making) — (loss-making) −100.00% (below 0%: shrinking) n/m −123.23% (below 0%: shrinking) 0.00% 0.00% Compare
ARTV Artiva Biotherapeutics, Inc. $202.9M — (loss-making) — (loss-making) — n/m +13.60% (above 0%: growing) 100.00% 0.00% Compare
PYXS Pyxis Oncology, Inc. $198.6M — (loss-making) — (loss-making) — n/m −5.46% (below 0%: shrinking) 100.00% 0.00%
PALI Palisade Bio, Inc. $196.9M 1.7× — (loss-making) +19,900.00% (above 0%: growing) n/m −318.44% (below 0%: shrinking) 100.00% (2,339.60%) Compare
IFRX InflaRx N.V. $192.3M — (loss-making) — (loss-making) −128.93% (below 0%: shrinking) n/m +59.76% (above 0%: growing) 14,029.95% 0.00% Compare
PRQR ProQR Therapeutics N.V. $190.5M — (loss-making) — (loss-making) +135.03% (above 0%: growing) n/m −1.06% (below 0%: shrinking) 100.00% (100.72%) Compare
RNA Atrium Therapeutics, Inc. $185.8M — (loss-making) — (loss-making) — n/m — 100.00% (752.93%) Compare
KROS Keros Therapeutics, Inc. $183.7M — (loss-making) — (loss-making) +120.22% (above 0%: growing) n/m +6.87% (above 0%: growing) 100.00% 32.04% Compare
Median of peers $194.6M — — +120.22% — −1.06% 100.00% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 21 October 2026

Ownership

Directors and executive officers, together 10.50%
GordonMD Global Investments LP 16.40%
Entities affiliated with Biotechnology Value Fund LP 9.99%
Entities affiliated with RTW Investments, LP 8.40%
Entities affiliated with OrbiMed 7.20%
Lara Sullivan, M.D. 6.30%
Entities affiliated with Pfizer Inc. 5.90%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Pyxis Oncology, Inc. (PYXS) Latest News

28 Oct

29 Sep

Impact 4 · · GlobeNewswire
Impact 3 · · Investing.com

10 Jun

Impact 3 · · Insider Monkey

7 May

6 Feb

Impact 3 · · Simply Wall St.

7 Jan

Impact 3 · · Simply Wall St.

9 Dec

Impact 3 · · Simply Wall St.

4 Nov

Impact 3 · · Simply Wall St.

1 Oct

Impact 3 · · GlobeNewswireBioPharma DiveBioPharma DivePharmaceutical TechnologyMT NewswiresGuruFocus.comMT NewswiresBioPharma Dive
stockrow.com/PYXS · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com