Business Description
Design Therapeutics, Inc. is a biopharmaceutical company in the preclinical phase that focuses on creating treatments for genetic conditions stemming from nucleotide repeat expansions. Its current pipeline targets Friedreich's Ataxia (FA), a severe, progressive, monogenic, and autosomal recessive disease. FA primarily impairs mitochondrial function across various organ systems, resulting in neurological, cardiac, and metabolic complications. Another significant area of development is Myotonic Dystrophy Type-1 (DM1). This is a progressive, dominantly inherited monogenic neuromuscular illness that impacts skeletal muscle, the heart, brain, and other bodily systems. Beyond these, the company is advancing its GeneTAC product candidate platform to address an array of other monogenic conditions caused by nucleotide repeat expansions. These include Fragile X syndrome, various spinocerebellar ataxias, amyotrophic lateral sclerosis (ALS), frontotemporal dementia, Huntington's disease, and spinobulbar muscular atrophy. Established in 2017, Design Therapeutics, Inc. maintains its headquarters in Carlsbad, California.
Business History
Price Overview
Last updated: Jun 28, 2026 5:31am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -1.22
Total Equity: $212.50M
Shares: 57,330,192
Total Debt: $645,000
Cash: $16.86M
EBITDA: -$69.17M
Total Debt: $645,000
Cash: $16.86M
Revenue: $0.00
Shares: 57,330,192
Revenue: $0.00
Revenue: $0.00
Revenue: $0.00
Total Equity: $212.50M
Tax Rate: 0.0%
Equity: $212.50M
Total Debt: $645,000
Cash: $16.86M
Current Liabilities: $13.06M
Long-Term Debt: $645,000
Total Debt: $645,000
Total Equity: $212.50M
Shares: 57,330,192
Shares: 57,330,192
CapEx: -$193,000
Shares: 57,330,192
Stock Price: $13.35
Net Income: -$69.79M
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
Last updated: Jun 22, 2026 10:42pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $0 | $466,000 | $537,000 | $596,000 | $622,000 |
| Gross Profit | $0 | $-466,000 | $-537,000 | $-596,000 | $-622,000 |
| Operating Expenses | $35.8M | $67.1M | $77.7M | $61.8M | $78.8M |
| Operating Income | -$35.8M | -$67.6M | -$78.2M | -$62.4M | -$79.5M |
| Net Income | -$35.5M | -$63.3M | -$66.9M | -$49.6M | -$69.8M |
| EBITDA | -$35.4M | -$62.8M | -$66.3M | -$49.0M | -$69.2M |
| EPS | $-0.77 | $-1.14 | $-1.19 | $-0.88 | $-1.22 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 22, 2026 10:42pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $298.6M | $26.5M | $21.2M | $22.6M | $16.9M |
| Total Current Assets | $385.4M | $335.1M | $284.6M | $248.0M | $223.8M |
| Total Assets | $390.6M | $341.1M | $289.6M | $252.1M | $226.2M |
| Current Liabilities | $5.3M | $10.8M | $9.6M | $8.5M | $13.1M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $645,000 |
| Total Liabilities | $8.4M | $13.8M | $12.0M | $10.0M | $13.7M |
| Total Equity | $382.1M | $327.3M | $277.7M | $242.1M | $212.5M |
| Retained Earnings | -$47.5M | -$110.8M | -$177.6M | -$227.2M | -$297.0M |
Cash Flow (Annual)
Last updated: Jun 22, 2026 10:42pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$29.4M | -$51.3M | -$58.6M | -$43.1M | -$54.4M |
| Capital Expenditure | -$1.5M | $-918,000 | $-256,000 | $-340,000 | $-193,000 |
| Free Cash Flow | -$30.9M | -$52.2M | -$58.8M | -$43.4M | -$54.6M |
| Acquisitions (net) | $52,106 | $39,000 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $296.2M | -$272.1M | -$5.3M | $1.4M | -$5.7M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 3:38pm (13h ago)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$204.8M $204.8M – $204.8M
|
$8.4M $8.4M – $8.4M
|
$72.1M $72.1M – $72.1M
|
$235.6M $235.6M – $235.6M
|
| EBITDA | $0 | $0 | $0 | $0 |
| Net Income |
-$94.6M -$112.5M – -$76.7M
|
-$109.4M -$138.1M – -$80.7M
|
-$86.3M -$86.3M – -$86.3M
|
-$3.0M -$3.0M – -$3.0M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 22, 2026 10:42pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | — | — | — | — |
| Gross Profit Growth | — | -15.2% | -11.0% | -4.4% |
| Operating Income Growth | -88.6% | -15.7% | +20.2% | -27.4% |
| Net Income Growth | -78.2% | -5.6% | +25.8% | -40.7% |
| EBITDA Growth | -77.5% | -5.5% | +26.1% | -41.2% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-09 | George Simeon | A-Award | 30,000.00 | $10.55 | $316,500 |
| 2026-06-09 | Schmid John P. | A-Award | 30,000.00 | $10.55 | $316,500 |
| 2026-06-09 | LAPPE RODNEY W | A-Award | 30,000.00 | $10.55 | $316,500 |
| 2026-06-09 | Gover Justin D. | A-Award | 30,000.00 | $10.55 | $316,500 |
| 2026-06-09 | Shapiro David | A-Award | 30,000.00 | $10.55 | $316,500 |
| 2026-06-09 | Berger Heather A. | A-Award | 30,000.00 | $10.55 | $316,500 |
| 2026-03-31 | Shapiro David | A-Award | 60,000.00 | $10.64 | $638,400 |
| 2026-03-31 | Shapiro David | A-Award | 7,500.00 | $10.64 | $79,800 |
| 2026-03-31 | Shapiro David | 0.00 | $0.00 | $0 | |
| 2026-01-02 | Storgard Chris | A-Award | 250,000.00 | $9.10 | $2.3M |
| 2026-01-02 | Jeffries Sean | A-Award | 375,000.00 | $9.10 | $3.4M |
| 2026-01-02 | Burgess Julie | A-Award | 150,000.00 | $9.10 | $1.4M |
| 2026-01-02 | Gover Justin D. | A-Award | 45,000.00 | $9.10 | $409,500 |
| 2026-01-02 | Shah Pratik | A-Award | 750,000.00 | $9.10 | $6.8M |
| 2025-12-09 | Shah Pratik | A-Award | 525,000.00 | $2.48 | $1.3M |
| 2025-09-09 | Gover Justin D. | A-Award | 30,000.00 | $6.64 | $199,200 |
| 2025-09-09 | Gover Justin D. | A-Award | 15,833.00 | $6.64 | $105,131 |
| 2025-09-09 | Gover Justin D. | 0.00 | $0.00 | $0 | |
| 2025-08-13 | William Arsani | S-Sale | 345,000.00 | $5.25 | $1.8M |
| 2025-08-13 | William Arsani | S-Sale | 217,627.00 | $5.25 | $1.1M |
Narrative Economics
market-narrative step).