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What this page is: Delvantic's full research page for Krystal Biotech Inc. (KRYS) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.

Page map (sections in order; each card carries a stable reference-name attribute you can cite):

  • profile-header / price-overview — company profile, live quote, market cap
  • extended-analysisthe core: three AI lens reads with findings, scores, and the analyst memo
  • future-predictions — our forward price-band predictions
  • market-narrative / ai-findings / gpt-critique — narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)
  • Members-only sections (render as login gates for anonymous readers): price-history, income-trend, key-metrics, financials (statement tables), insider-trading. The analysis above is public; the raw data tables require a free account.

More for machine readers: site briefing at /llms.txt · any ticker resolves at delvantic.com/stock/TICKER · raw inputs are public-company filings and market data (via licensed data feeds); every model, score, lens read, and prediction on this page is Delvantic's own analysis.

Krystal Biotech Inc.

KRYS NASDAQ
Healthcare · Biotechnology
Pittsburgh, PA 15203, United States krystalbio.com Updated Aug 14, 8:46am
Price
$328.34
Market Cap
$9.7B
Employees
295
Beta
0.54
Avg Volume
504,138
CEO
Mr. Krish S. Krishnan M.B.A., M.S.

Krystal Biotech Inc. is a commercial-stage biotechnology company focused on developing and commercializing genetic medicines for severe, life-threatening, and rare diseases with high unmet medical needs. The company specializes in redosable gene therapies built on a proprietary herpes simplex virus type 1 (HSV-1) vector platform, enabling targeted delivery of therapeutic genes to skin and other tissues. Krystal Biotech’s core area of impact is specialty dermatology, where it offers Vyjuvek, a prescription gene therapy for dystrophic epidermolysis bullosa, a rare inherited skin disorder characterized by extreme fragility and chronic wounds. Beyond dermatology, the company is advancing a pipeline that extends its platform into oncology and respiratory indications, aiming to address complex solid tumors and genetic lung diseases through localized gene delivery. Krystal Biotech operates as a fully integrated enterprise, with in-house CGMP manufacturing facilities to support discovery, clinical development, and commercial supply of its therapies. Founded in 2016 and headquartered in Pittsburgh, Pennsylvania, Krystal Biotech plays a distinct role in the biotechnology market as a leader in redosable gene therapy for rare conditions.

Runs with full report
Earnings Schedule
Checked daily · calendar updated Aug 14
No upcoming print on the calendar yet — companies typically confirm a few weeks ahead. Last print was Aug 3, 2026.
EPS surprise history — vs analyst consensus · 5 prints of vendor history
+9.8%
Jan '26
+5.6%
Feb '26
+150.0%
Mar '26
+28.9%
May '26
-6.3%
Aug '26
Print date EPS est. EPS actual Revenue est. Revenue actual
Aug 3, 2026 $1.91 $1.79 -6.3%
May 4, 2026 $1.42 $1.83 +28.9%
Mar 4, 2026 $0.06 $0.15 +150.0%
Feb 17, 2026 $1.61 $1.70 +5.6%
Jan 7, 2026 $1.94 $2.13 +9.8%

Green = beat the estimate, red = missed. An earnings print is the fastest way a thesis changes — our designations should be re-read after each one.

Recent SEC Filings
Filed Form Document
Aug 3, 2026 8-K View
Aug 3, 2026 10-Q View
Jul 21, 2026 8-K View
Jun 26, 2026 4 View
Jun 25, 2026 144 View
Jun 5, 2026 4 View
Jun 5, 2026 4 View
Jun 4, 2026 144 View
Jun 4, 2026 144 View
May 27, 2026 4 View
May 26, 2026 144 View
May 20, 2026 8-K View

Filings link to the SEC’s EDGAR system. Annual/quarterly reports (10-K, 10-Q, 20-F) carry the full story; 8-K/6-K current reports are the fastest signal that something material happened.

Price Overview
Last updated: Aug 14, 2026 8:46am (just now)
Current data · timestamped when a report runs
$328.34
Change · Aug 14
-4.52 (-1.36%)
Day Range
$327.34 – $334.88
52-Week Range
$136.73 – $382.54
50-Day MA
$341.49
200-Day MA
$278.10
Volume
132,064.00
Share Structure
Outstanding 29,596,000.00
Float 23,210,223.00
Free Float 78.4%
Normal free float — 78.4% of shares trade freely, ~21.6% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Last updated: Aug 14, 2026 8:46am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Aug 14, 2026 8:46am (just now)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
TD Twelve Data statement HEX SEC filing
P/E Ratio (Price per dollar of earnings)
HEX
Stock Price / EPS (Diluted)
48.00
Stock Price: $328.34
EPS (Diluted): 6.84
P/B Ratio (Price vs net asset value)
HEX
Stock Price / Book Value Per Share
8.06
Stock Price: $328.34
Total Equity: $1.22B
Shares: 29,951,000
EV/EBITDA (Total value vs operating profit)
HEX
Enterprise Value / EBITDA
Market Cap: $9.72B
Total Debt: $0.00
Cash: $496.30M
EBITDA: N/A
EBITDA not available
Enterprise Value (Takeover price (cap + debt - cash))
HEX
Market Cap + Total Debt - Cash
$9.2B
Market Cap: $9.72B
Total Debt: $0.00
Cash: $496.30M
Gross Margin (Revenue left after direct costs)
HEX
Gross Profit / Revenue
Gross Profit: N/A
Revenue: $389.13M
Missing from API: Gross Profit
Operating Margin (Revenue left after all operations)
HEX
Operating Income / Revenue
41.5%
Operating Income: $161.30M
Revenue: $389.13M
Net Margin (Revenue left as actual profit)
HEX
Net Income / Revenue
52.6%
Net Income: $204.83M
Revenue: $389.13M
ROE (Profit from shareholder equity)
HEX
Net Income / Total Equity
16.8%
Net Income: $204.83M
Total Equity: $1.22B
ROIC (Profit from all invested capital)
HEX
NOPAT / Invested Capital
24.1%
Operating Income: $161.30M
Tax Rate: -8.1%
Equity: $1.22B
Total Debt: $0.00
Cash: $496.30M
Zero debt — invested capital = equity minus cash (very efficient)
Current Ratio (Can it pay short-term bills)
HEX
Current Assets / Current Liabilities
9.95
Current Assets: $1.02B
Current Liabilities: $102.94M
Debt/Equity (Leverage — debt vs equity)
HEX
Total Debt / Total Equity
0.00
Short-Term Debt: $0.00
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $1.22B
Zero debt — this company carries no debt obligations. Strongest possible score.
Rev/Share (Top-line per share)
HEX
Revenue / Shares Outstanding
$12.99
Revenue: $389.13M
Shares: 29,951,000
Book Value/Share (Net assets per share)
HEX
(Total Assets - Total Liabilities) / Shares
$40.72
Total Equity: $1.22B
Shares: 29,951,000
FCF/Share (Real cash generated per share)
HEX
(Operating Cash Flow + CapEx) / Shares
$6.31
Operating CF: $200.87M
CapEx: -$11.95M
Shares: 29,951,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
TD
Last Annual Dividend / Stock Price
Last Dividend: $0.00
Stock Price: $328.34
Payout Ratio (Earnings paid out as dividends)
HEX
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $204.83M
Dividends paid not available in cash flow statement
Income Statement (Annual)
Last updated: Aug 14, 2026 8:46am (just now)
Metric 2021 2022 2023 2024 2025
Revenue $0 $0 $50.7M $290.5M $389.1M
Cost of Revenue
Gross Profit
Operating Expenses $68.3M $145.2M $160.4M $224.8M $227.8M
Operating Income -$68.3M -$145.2M -$109.7M $65.7M $161.3M
Net Income -$69.6M -$140.0M $10.9M $89.2M $204.8M
EBITDA -$65.5M -$141.1M
EPS $-3.13 $-5.49 $0.40 $3.12 $7.08
EPS (Diluted) $-3.13 $-5.49 $0.39 $3.00 $6.84
Balance Sheet (Annual)
Last updated: Aug 14, 2026 8:46am (just now)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $341.2M $161.9M $358.3M $344.9M $496.3M
Total Current Assets $442.3M $383.8M $587.9M $742.0M $1.0B
Total Assets $626.3M $558.5M $818.4M $1.1B $1.3B
Current Liabilities $25.7M $28.8M $33.1M $102.0M $102.9M
Long-Term Debt
Total Liabilities $32.7M $36.2M $39.7M $109.5M $114.2M
Total Equity $593.6M $522.2M $778.6M $946.4M $1.2B
Retained Earnings -$140.8M -$280.8M -$269.8M -$180.7M $24.2M
Cash Flow (Annual)
Last updated: Aug 14, 2026 8:46am (just now)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow -$47.9M -$100.6M -$88.8M $123.4M $200.9M
Capital Expenditure -$68.3M -$53.0M -$11.8M -$4.2M -$12.0M
Free Cash Flow -$116.3M -$153.5M -$100.6M $119.2M $188.9M
Acquisitions (net)
Net Debt Issued / (Repaid)
Dividends Paid
Stock Buybacks
Net Change in Cash $73.0M -$179.3M $196.4M -$13.5M $151.4M
Growth Trends (YoY %)
Last updated: Aug 14, 2026 8:46am (just now)
Metric 2022 2023 2024 2025
Revenue Growth +473.0% +33.9%
Gross Profit Growth
Operating Income Growth -112.7% +24.4% +159.9% +145.5%
Net Income Growth -101.2% +107.8% +715.6% +129.7%
EBITDA Growth -115.5%
Industry Benchmarks
Compares KRYS against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for KRYS — it's generated by the pipeline (market-narrative step).
Claude Reading
Claude Opus reviews the pipeline's raw data + every prior verdict, then writes an independent take.
No AI findings yet for KRYS — they're generated by the pipeline (ai-findings step) when a report is run on this ticker.
GPT Reading
GPT reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No GPT reading yet for KRYS — it's generated by the pipeline (gpt-critique step) after the other Big-3 seats, when a report is run on this ticker.
Grok Reading
Grok (xAI) reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No Grok reading yet for KRYS — it's generated by the pipeline (grok-critique step) alongside the other Big-3 seats, when a report is run on this ticker.
Advanced Analysis Forensic deep-dive · four lenses
A separate, manually-run forensic pipeline (dilution, earnings quality, liquidity → two scored lenses → the play). Hasn't been run for this ticker yet.
Community AI Feedback
No community reviews yet for KRYS. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · twelvedata
v1.1.532 · 1ec19de8 · 2026-08-13 17:53:37