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Stocks · Health care · Pharmaceutical Preparations

Equillium, Inc.

EQ Clue Score53
United States Fiscal year ends December CIK 0001746466
$1.41 -2.08% Close, 9 Oct 2026
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Price $1.41 −76.50% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2018. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Operating income−8.6Net income−13.3Fiscal year 2019Operating income−26.7Net income−25.6Fiscal year 2020Operating income−29.5Net income−29.8Fiscal year 2021Operating income−37.8Net income−39.1EPS, diluted−1.36Fiscal year 2022Revenue15.8Operating income−62.1Net income−62.4EPS, diluted−1.85Fiscal year 2023Revenue36.1 +129.0%Operating income−14.5Net income−13.3EPS, diluted−0.38Fiscal year 2024Revenue41.1 +13.9%Operating income−8.3Net income−8.1EPS, diluted−0.23Fiscal year 2025Operating income−23.6Net income−22.4EPS, diluted−0.39
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a n/a n/a n/a 15.8 36.1 41.1 n/a
Growth +129.0% +13.9%
Operating income −8.6 −26.7 −29.5 −37.8 −62.1 −14.5 −8.3 −23.6
Net income −13.3 −25.6 −29.8 −39.1 −62.4 −13.3 −8.1 −22.4
Growth
EPS, diluted n/a n/a n/a −1.36 −1.85 −0.38 −0.23 −0.39

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2018Fiscal year 2019Fiscal year 2020Fiscal year 2021Fiscal year 2022Operating margin−393.9%Net margin−396.1%Free cash flow margin−57.2%Fiscal year 2023Operating margin−40.2%Net margin−37.0%Free cash flow margin−60.5%Fiscal year 2024Operating margin−20.1%Net margin−19.6%Free cash flow margin−46.5%Fiscal year 2025
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin n/a n/a n/a n/a −393.9% −40.2% −20.1% n/a
Net margin n/a n/a n/a n/a −396.1% −37.0% −19.6% n/a
Free cash flow margin n/a n/a n/a n/a −57.2% −60.5% −46.5% n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow−7.5Capital expenditure−0.0Free cash flow−7.6Fiscal year 2019Operating cash flow−22.9Capital expenditure−0.1Free cash flow−23.0Fiscal year 2020Operating cash flow−24.6Capital expenditure−0.2Free cash flow−24.8Fiscal year 2021Operating cash flow−32.1Capital expenditure−0.1Free cash flow−32.1Fiscal year 2022Operating cash flow−8.7Capital expenditure−0.3Free cash flow−9.0Fiscal year 2023Operating cash flow−21.8Capital expenditure−0.1Free cash flow−21.8Buybacks−0.3Fiscal year 2024Operating cash flow−19.0Capital expenditure−0.1Free cash flow−19.1Fiscal year 2025Operating cash flow−22.7Capital expenditure−0.0Free cash flow−22.8
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −7.5 −22.9 −24.6 −32.1 −8.7 −21.8 −19.0 −22.7
Capital expenditure −0.0 −0.1 −0.2 −0.1 −0.3 −0.1 −0.1 −0.0
Free cash flow −7.6 −23.0 −24.8 −32.1 −9.0 −21.8 −19.1 −22.8
Growth
Buybacks n/a n/a n/a n/a n/a −0.3 n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash28.5Shareholders’ equity64.9Fiscal year 2019Cash13.2Total debt9.7Net cash (debt)3.5Shareholders’ equity41.8Debt to equity0.23Fiscal year 2020Cash24.0Total debt9.9Net cash (debt)14.0Shareholders’ equity69.9Debt to equity0.14Fiscal year 2021Cash50.4Total debt10.2Net cash (debt)40.2Shareholders’ equity66.5Debt to equity0.15Fiscal year 2022Cash59.1Total debt9.0Net cash (debt)50.2Shareholders’ equity31.9Debt to equity0.28Fiscal year 2023Cash23.2Shareholders’ equity22.6Fiscal year 2024Cash18.1Shareholders’ equity19.1Fiscal year 2025Cash30.3Shareholders’ equity28.6
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 28.5 13.2 24.0 50.4 59.1 23.2 18.1 30.3
Total debt n/a 9.7 9.9 10.2 9.0 n/a n/a n/a
Net cash (debt) n/a 3.5 14.0 40.2 50.2 n/a n/a n/a
Shareholders’ equity 64.9 41.8 69.9 66.5 31.9 22.6 19.1 28.6
Debt to equity n/a 0.23 0.14 0.15 0.28 n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
n/a n/a n/a n/a −393.9% −40.2% −20.1% n/a
n/a n/a n/a n/a −396.1% −35.3% −18.8% n/a
n/a n/a n/a n/a −396.1% −37.0% −19.6% n/a
n/a n/a n/a n/a −57.2% −60.5% −46.5% n/a
Spending
n/a n/a n/a n/a 238.3% 102.6% n/a n/a
n/a n/a n/a n/a 109.4% 37.6% 29.0% n/a
n/a n/a n/a n/a 1.8% 0.1% 0.2% n/a
Returns
−20.4% −61.2% −42.7% −58.7% −195.4% −59.1% −42.3% −78.3%
−19.7% −46.1% −34.9% −45.7% −79.6% −26.4% −31.5% −70.2%
Balance and payout
n/a 0.23 0.14 0.15 0.28 n/a n/a n/a
3.3% 24.7% 18.2% 22.1% 59.3% 55.3% 25.6% 10.3%