Kezar Life Sciences most recently reported annual revenue of $0, a net loss of $56.0M. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Kezar Life Sciences: net profit was positive in 0 of 10 reported years; the most recent year shows a net loss of $56.0M.
Income Statement — 10 Years (USD millions)
Metric
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Revenue
$0
$0
$0
$0
$0
$0
$0
$7.0M
$0
$0
Operating Expenses
$9.0M
$9.0M
$25.0M
$38.0M
$43.0M
$55.0M
$71.0M
$118.0M
$91.0M
$52.0M
Operating Profit
$-9.0M
$-9.0M
$-25.0M
$-38.0M
$-43.0M
$-55.0M
$-71.0M
$-111.0M
$-91.0M
$-52.0M
Operating Margin
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
-1591.8%
0.0%
0.0%
Other Income
$0
$0
$2.0M
$2.0M
$1.0M
$0
$3.0M
$10.0M
$7.0M
$-4.0M
Interest
$0
$0
$0
$0
$0
$0
$1.0M
$2.0M
$2.0M
$0
Depreciation
$0
$0
$1.0M
$1.0M
$2.0M
$2.0M
$1.0M
$1.0M
$1.0M
$1.0M
Profit Before Tax
$-9.0M
$-9.0M
$-23.0M
$-36.0M
$-42.0M
$-55.0M
$-68.0M
$-102.0M
$-84.0M
$-56.0M
Tax
$0
$0
$0
$1.8M
$140,000
$0
$0
$0
$0
$0
Net Profit
$-9.0M
$-9.0M
$-23.0M
$-35.0M
$-42.0M
$-55.0M
$-68.0M
$-102.0M
$-84.0M
$-56.0M
EPS
$-0.69
$-0.65
$-1.22
$-1.65
$-0.95
$-1.04
$-1.01
$-1.40
$-1.15
$-7.66
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
Metric
Mar '23
Jun '23
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Dec '25
Revenue
$0
$0
$7.0M
$0
$0
$0
$0
$0
$0
$0
$0
$0
Operating Expenses
$25.0M
$27.0M
$33.0M
$28.0M
$24.0M
$23.0M
$22.0M
$22.0M
$18.0M
$15.0M
$12.0M
$8.0M
Operating Profit
$-25.0M
$-27.0M
$-26.0M
$-28.0M
$-24.0M
$-23.0M
$-22.0M
$-22.0M
$-18.0M
$-15.0M
$-12.0M
$-8.0M
Operating Margin
0.0%
0.0%
-364.7%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Interest
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Profit Before Tax
$-22.0M
$-24.0M
$-23.0M
$-32.0M
$-22.0M
$-22.0M
$-20.0M
$-20.0M
$-17.0M
$-14.0M
$-11.0M
$-15.0M
Tax
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Net Profit
$-22.0M
$-24.0M
$-23.0M
$-32.0M
$-22.0M
$-22.0M
$-20.0M
$-20.0M
$-17.0M
$-14.0M
$-11.0M
$-15.0M
EPS
$-0.28
$-0.34
$-0.32
$-0.44
$-0.30
$-0.30
$-0.28
$-2.77
$-2.27
$-1.87
$-1.53
$-1.99
Over the 10 years reported for Kezar Life Sciences, cash stood at $72.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 10.86 times.
Balance Sheet — 10 Years (USD millions)
Metric
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
$11.0M
$54.0M
$115.0M
$90.0M
$152.0M
$218.0M
$300.0M
$221.0M
$145.0M
$77.0M
Current Assets
$10.0M
$52.0M
$110.0M
$81.0M
$145.0M
$212.0M
$286.0M
$207.0M
$137.0M
$76.0M
Cash
$10.0M
$51.0M
$24.0M
$15.0M
$21.0M
$63.0M
$40.0M
$35.0M
$42.0M
$72.0M
Inventory
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Receivables
$0
$0
$0
$1.0M
$1.0M
$0
$0
$2.0M
$0
$2.0M
Fixed Assets
$1.0M
$2.0M
$5.0M
$8.0M
$7.0M
$6.0M
$13.0M
$9.0M
$5.0M
$1.0M
Capital Work in Progress
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Investments
$0
$0
$83.0M
$63.0M
$119.0M
$145.0M
$236.0M
$166.0M
$90.0M
$0
Other Assets
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Total Liabilities
$29.0M
$80.0M
$6.0M
$11.0M
$11.0M
$21.0M
$30.0M
$34.0M
$28.0M
$7.0M
Current Liabilities
$1.0M
$1.0M
$3.0M
$6.0M
$6.0M
$8.0M
$11.0M
$18.0M
$20.0M
$7.0M
Borrowings
$0
$0
$0
$6.0M
$5.0M
$14.0M
$21.0M
$19.0M
$16.0M
$2.0M
Other Liabilities
$29.0M
$80.0M
$6.0M
$5.0M
$5.0M
$7.0M
$8.0M
$15.0M
$12.0M
$4.0M
Equity
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Reserves
$-17.0M
$-26.0M
$109.0M
$78.0M
$141.0M
$197.0M
$270.0M
$188.0M
$117.0M
$70.0M
For Kezar Life Sciences, operating cash flow was positive in 0 of 10 reported years; free cash flow in the latest year was negative at $52.0M; free cash flow was positive in 0 of 10 years.
Cash Flow Statement — 10 Years (USD millions)
Metric
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Operating Cash Flow
$-10.0M
$-8.0M
$-21.0M
$-30.0M
$-37.0M
$-42.0M
$-59.0M
$-82.0M
$-74.0M
$-52.0M
Investing Cash Flow
$0
$-1.0M
$-85.0M
$20.0M
$-57.0M
$-29.0M
$-93.0M
$74.0M
$80.0M
$92.0M
Financing Cash Flow
$0
$0
$0
$0
$0
$2.0M
$1.0M
$0
$0
$0
Net Cash Flow
$-10.0M
$41.0M
$-27.0M
$-9.0M
$6.0M
$42.0M
$-22.0M
$-5.0M
$6.0M
$30.0M
Free Cash Flow
$-10.0M
$-8.0M
$-22.0M
$-30.0M
$-37.0M
$-43.0M
$-60.0M
$-83.0M
$-74.0M
$-52.0M
Valuation & Return Ratios
Metric
Value
PEG Ratio
—
EV / EBITDA
—
FCF Yield
-96.24%
Quick Ratio
10.86
Interest Coverage
—
Return 1Y
—
Return 3Y
—
Return 5Y
—
Kezar Life Sciences (KZR) financials — frequently asked questions
What is Kezar Life Sciences's annual revenue?
Kezar Life Sciences (KZR) reported annual revenue of $0 in its most recent fiscal year.
What is Kezar Life Sciences's net profit?
Kezar Life Sciences (KZR) reported a net loss of $56.0M in its most recent fiscal year.