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Corvus Pharmaceuticals, Inc.

CRVSHealthcareNASDAQ

Biotechnology · Last scanned May 30, 2026

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Financials · Annual
Revenue
$0
Net Income
-$15.3M
+75.5% YoY
EBITDA
-$42.9M
-56.1% YoY
Free Cash Flow
-$22.6M

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About Corvus Pharmaceuticals, Inc.

Corvus Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, engages in the development of product candidates that precisely target proteins that are critical to immune cell maturation. The company carries a $1.04B market cap, placing it firmly in the small-cap category. The company's lead product candidate is soquelitinib (CPI-818), a selective covalent inhibitor of interleukin 2 inducible T cell kinase (ITK), which is in a multi-center Phase 1b/2 clinical trial for the treatment of peripheral T cell lymphoma, atopic dermatitis, hidradenitis suppurativa, autoimmune lymphoproliferative syndrome, and solid tumors monotherapy, and asthma, diseases.

Key stats
Market Cap$1.04B
Fwd P/E-13.11
EPS$-0.55
Beta0.94
52W Change+207.9%
ROE-30.5%
Analysis

The balance sheet looks solid with $236.7M in cash comfortably exceeding the $834K debt load. A net cash position generally provides financial flexibility during uncertain economic periods. The company is burning cash, with free cash flow at -$22.6M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -30.5% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing CRVS.

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