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olivLaw · US equity research

REGENXBIO Inc. RGNX

Biological Products, (No Diagnostic Substances) · SIC 2836 · Vertical: Biological Products, (No Diagnostic Substances) (SIC 2836)

7.71USD+1.05% · 1 dayClose 04 Nov 2026

At the close of 04 Nov 2026, REGENXBIO Inc. (RGNX) stock was 7.71 USD (+1.05% on the day), with market capitalisation 509.0 m USD, beta 1.83, 52-week range 5.65–15.98 USD. Latest reported quarter (Q2 2026): revenue of 108.0 m USD (+405.7% YoY), net income of 22.7 m USD, diluted EPS 0.43 USD.

Data as of · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
509.0 m USD
shares as of 31 Jul 2026
P/E (TTM)
unavailable
Diluted EPS TTM -3.79 · TTM to 30 Jun 2026
E/P (TTM)
-49.13%
TTM to 30 Jun 2026
Dividend yield
unavailable
Beta (2y)
1.83
Volatility (1y) 97%
52-week range
5.6515.98

Price history

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Technical reading

RSI (14)
54.1
neutral
Bollinger (20, 2)
6.42 – 8.10
in the upper half of the band · %B 0.77 · band width 23.1%
SMA 50 / 200
7.88 / 9.08
downtrend (price < SMA50 < SMA200)
MACD (12, 26, 9)
-0.14 / -0.27
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 month−0.6%−1.1%+0.5 pp—
3 months−26.6%−0.5%−26.1 pp—
6 months−24.6%+4.4%−29.0 pp—
Year to date−46.5%+12.3%−58.8 pp—
1 year−33.3%+13.5%−46.8 pp+8.1%
3 years−49.7%+76.4%−126.1 pp+3.1%
5 years−80.3%+63.7%−143.9 pp—
Max drawdown (1y)
−64.6%
22 Jan 2026 → 18 May 2026
Max drawdown (5y)
−86.2%
08 Nov 2021 → 08 Apr 2025
Compound annual growth (5y)
−27.7%
S&P 500 +10.4%

Price returns, dividends excluded.

Quarterly results

Latest quarter: Q2 2026 · 30 Jun 2026

Revenue
108.0 m USD
+405.7% YoY
Net income
22.7 m USD
unavailable YoY
Diluted EPS
0.43
unavailable YoY
net / operating
21.0% / 27.1%

Quarterly margins

Quarterly statements · USD

Fiscal yearQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Revenue24.2 m21.2 m89.0 m21.4 m29.7 m30.3 m6.4 m108.0 m
Cost of revenue12.4 m6.3 m——————
Research & development54.4 m50.4 m53.1 m59.5 m56.1 m59.6 m57.3 m56.1 m
Operating income-62.1 m-51.4 m12.1 m-63.3 m-52.4 m-57.6 m-83.4 m29.3 m
Depreciation & amortisation4.0 m ≈4.0 m4.0 m3.9 m ≈3.9 m ≈3.9 m3.9 m3.8 m ≈
Interest expense820.0 k9.4 m8.6 m11.0 m13.2 m12.3 m8.7 m7.8 m
Net income-59.6 m-51.2 m6.1 m-70.9 m-61.9 m-67.1 m-90.1 m22.7 m
Diluted EPS-1.17-1.01 ≈0.12-1.38-1.20-1.30 ≈-1.720.43
Operating cash flow-40.5 m ≈-31.6 m33.6 m-49.3 m ≈-56.0 m ≈-52.3 m-76.2 m-62.2 m ≈
Capex326.0 k ≈1.1 m1.0 m391.0 k ≈491.0 k ≈508.0 k1.2 m760.0 k ≈

≈ derived quarter (cumulative difference / share-days average)

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Fiscal years

Fiscal year20182019202020212022202320242025
Revenue218.5 m35.2 m154.6 m470.3 m112.7 m90.2 m83.3 m170.4 m
Revenue YoY+2,002.4%−83.9%+338.7%+204.3%−76.0%−19.9%−7.7%+104.5%
Net income99.9 m-94.7 m-111.3 m127.8 m-280.3 m-263.5 m-227.1 m-193.9 m
Net income YoYunavailable−194.8%unavailableunavailable−319.3%unavailableunavailableunavailable
Diluted EPS2.73-2.58-2.982.91-6.50-6.02-4.59-3.76
Diluted EPS YoYunavailable−194.5%unavailableunavailable−323.4%unavailableunavailableunavailable
net %45.7%-268.9%-72.0%27.2%-248.7%-292.0%-272.5%-113.8%
Free cash flow91.4 m-119.4 m-80.9 m134.7 m-238.2 m-228.4 m-175.6 m-126.4 m

Reported results vs expectations

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Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
34.5 m USD
Financial debt
unavailable USD
Net debt
unavailable USD
Equity
102.7 m USD
Total assets
453.0 m USD
Debt / equity
unavailable
Current ratio
2.38x
ROE
-107.0%
ROA
-42.2%
FCF margin
-74.1%

Financial statements (source on every figure)

Revenue and net income (USD)

Margins

Income statement · USD

Revenue
2023
90.2 m
2024
83.3 m
2025
170.4 m

SEC (XBRL)· 05 Mar 2026verified

Cost of revenue
2023
37.2 m
2024
33.6 m
2025
—

SEC (XBRL)· 13 Mar 2025verified

Gross profit
2023
53.0 m ≈
2024
49.8 m ≈
2025
—

SEC (XBRL)· 13 Mar 2025derived

Research & development
2023
232.3 m
2024
208.5 m
2025
228.3 m

SEC (XBRL)· 05 Mar 2026verified

Operating income
2023
-268.1 m
2024
-233.3 m
2025
-161.2 m

SEC (XBRL)· 05 Mar 2026verified

Depreciation & amortisation
2023
17.3 m
2024
16.2 m
2025
15.6 m

SEC (XBRL)· 05 Mar 2026verified

EBITDA
2023
-250.8 m ≈
2024
-217.1 m ≈
2025
-145.6 m ≈

SEC (XBRL)· 05 Mar 2026derived

Interest expense
2023
6.9 m
2024
12.7 m
2025
45.0 m

SEC (XBRL)· 05 Mar 2026verified

Pre-tax income
2023
-263.6 m
2024
-227.1 m
2025
-193.9 m

SEC (XBRL)· 05 Mar 2026verified

Income tax
2023
-152.0 k
2024
0
2025
0

SEC (XBRL)· 05 Mar 2026verified

Net income
2023
-263.5 m
2024
-227.1 m
2025
-193.9 m

SEC (XBRL)· 05 Mar 2026verified

Diluted EPS
2023
-6.02
2024
-4.59
2025
-3.76

SEC (XBRL)· 05 Mar 2026verified

Weighted average diluted shares
2023
43.7 m
2024
49.5 m
2025
51.6 m

SEC (XBRL)· 05 Mar 2026verified

Balance sheet · USD

Cash
2023
34.5 m
2024
57.5 m
2025
34.5 m

SEC (XBRL)· 05 Mar 2026verified

Receivables
2023
24.8 m
2024
20.5 m
2025
26.4 m

SEC (XBRL)· 05 Mar 2026verified

Current assets
2023
335.0 m
2024
278.0 m
2025
281.3 m

SEC (XBRL)· 05 Mar 2026verified

Property, plant & equipment, net
2023
132.1 m
2024
117.6 m
2025
104.9 m

SEC (XBRL)· 05 Mar 2026verified

Total assets
2023
574.0 m
2024
466.0 m
2025
453.0 m

SEC (XBRL)· 05 Mar 2026verified

Accounts payable
2023
22.8 m
2024
22.8 m
2025
21.4 m

SEC (XBRL)· 05 Mar 2026verified

Current liabilities
2023
130.3 m
2024
103.2 m
2025
118.1 m

SEC (XBRL)· 05 Mar 2026verified

Total liabilities
2023
262.2 m
2024
206.3 m
2025
350.3 m

SEC (XBRL)· 05 Mar 2026verified

Equity
2023
311.7 m †
2024
259.7 m †
2025
102.7 m †

SEC (XBRL)· 05 Mar 2026verified

Shares outstanding at year end
2023
—
2024
—
2025
—

SEC (XBRL)· 01 Mar 2022verified

Cash flow · USD

Operating cash flow
2023
-218.4 m
2024
-173.1 m
2025
-124.0 m

SEC (XBRL)· 05 Mar 2026verified

Capex
2023
10.0 m
2024
2.4 m
2025
2.4 m

SEC (XBRL)· 05 Mar 2026verified

Free cash flow
2023
-228.4 m ≈
2024
-175.6 m ≈
2025
-126.4 m ≈

SEC (XBRL)· 05 Mar 2026derived

Investing cash flow
2023
190.9 m
2024
103.4 m
2025
-15.9 m

SEC (XBRL)· 05 Mar 2026verified

Financing cash flow
2023
-35.0 m
2024
92.7 m
2025
116.8 m

SEC (XBRL)· 05 Mar 2026verified

Computed indicators

Growth

Revenue growth (YoY)
104.5%
computed by olivLawFY 2025
Revenue CAGR 3Y
14.8%
computed by olivLawFY 2022 → FY 2025
Revenue CAGR 5Y
2.0%
computed by olivLawFY 2020 → FY 2025
EBIT growth (YoY)
unavailable
the base of the ratio is not positive
Net income growth (YoY)
unavailable
the base of the ratio is not positive
Net income CAGR 3Y
unavailable
the base of the ratio is not positive
Net income CAGR 5Y
unavailable
the base of the ratio is not positive
EPS growth (YoY)
unavailable
the base of the ratio is not positive
EPS CAGR 3Y
unavailable
the base of the ratio is not positive
EPS CAGR 5Y
unavailable
the base of the ratio is not positive
FCF growth (YoY)
unavailable
the base of the ratio is not positive

Profitability

Gross margin
unavailable
input data missing
EBITDA margin
-85.3%
computed by olivLawTTM to 30 Jun 2026
EBIT margin
-94.1%
computed by olivLawTTM to 30 Jun 2026
Net margin
-112.6%
computed by olivLawTTM to 30 Jun 2026
FCF margin
-143.1%
computed by olivLawTTM to 30 Jun 2026

Returns

ROE
-137.6%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
ROA
-40.6%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
ROIC
unavailable
input data missing
ROCE
-54.0%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Payout ratio (EPS)
unavailable
input data missing
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
unavailable
input data missing
Net debt / EBITDA
unavailable
input data missing
Debt / equity
unavailable
input data missing
Interest coverage
-3.9x
computed by olivLawTTM to 30 Jun 2026

Liquidity

Current ratio
2.9x
computed by olivLawbalance sheet at 30 Jun 2026
Quick ratio
unavailable
input data missing
Cash ratio
0.4x
computed by olivLawbalance sheet at 30 Jun 2026

Cash

Operating cash flow
-246.7 m USD
computed by olivLawTTM to 30 Jun 2026
Capital expenditure
3.0 m USD
computed by olivLawTTM to 30 Jun 2026
Free cash flow
-249.7 m USD
computed by olivLawTTM to 30 Jun 2026
FCF conversion
unavailable
insufficient data
Cash conversion
unavailable
insufficient data

Efficiency

Days sales outstanding
133 days
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Days inventory outstanding
unavailable
input data missing
Days payables outstanding
unavailable
input data missing
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
509.0 m USD
computed by olivLawbalance sheet at 30 Jun 2026
Enterprise value
unavailable
input data missing
Market cap / net income TTM
unavailable
insufficient data
P/E (TTM)
unavailable
insufficient data
Earnings yield
-49.1%
computed by olivLawTTM to 30 Jun 2026
P/B
7.1x
computed by olivLawbalance sheet at 30 Jun 2026
P/S
2.9x
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
input data missing
EV/Sales
unavailable
input data missing
P/FCF
unavailable
the base of the ratio is not positive
FCF yield
-49.1%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Dividend yield
unavailable
no dividend in the structured statements; a missing line is not a confirmed zero
Shareholder yield (distributions)
unavailable
input data missing

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • indicators available: 5 of at least 6
  • score weight coverage: 33.3% of at least 60%
  • valuation methods computed: 0 of at least 1

A scoring methodology on indicators and valuation, not investment advice.

Closing price

7.71 USD

04 Nov 2026Source: olivLaw, closing series

Market cap: 509.0 m USD

Key indicators

Market capitalisation
509.0 m USD
computed by olivLawbalance sheet at 30 Jun 2026
P/E (TTM)
unavailable
insufficient data
P/B
7.1x
computed by olivLawbalance sheet at 30 Jun 2026
EV/EBITDA
unavailable
input data missing
ROE
-137.6%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Net margin
-112.6%
computed by olivLawTTM to 30 Jun 2026
Revenue growth (YoY)
104.5%
computed by olivLawFY 2025
Dividend yield
unavailable
no dividend in the structured statements; a missing line is not a confirmed zero

Coverage and freshness

28/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 30 Jun 2026
Latest balance sheet date: 30 Jun 2026
Share count (cover of the latest filing), as of: 31 Jul 2026
Source: SEC (XBRL)published 06 Aug 2026
verified 1408derived 107

Score by group

33% · Insufficient data

Estimated value range

unavailable — no valuation method could be computed

Valuation assumptions are editorial choices, not measured; beta is not measured.

Valuation methods

  • DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
  • Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
  • Peers: P/Eunavailable · the base of the ratio is not positive
  • Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption

no valuation method could be computed

Multiple comparisons use the SIC vertical: Biological Products, (No Diagnostic Substances) (SIC 2836)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Insufficient data

Minimum-evidence gate: indicators available: 5 of at least 6; score weight coverage: 33.3% of at least 60%; valuation methods computed: 0 of at least 1

FactorValueScoreWeight used
ROIC · Qualityunavailableunavailable—
Net margin · Quality-112.6%59 (vs peers)19%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growth14.8%100 (on a fixed band)25%
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheet-3.9x0 (on a fixed band)19%
Current ratio · Balance sheet2.9x100 (on a fixed band)13%
P/E (TTM) · Valuationunavailableunavailable—
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuation-49.1%0 (on a fixed band)25%
Shareholder yield (distributions) · Returnsunavailableunavailable—
Payout ratio (FCF) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet40/100 · 2/3 factors with a value
  • Growth· partial100/100 · 1/2 factors with a value
  • Quality· partial59/100 · 1/3 factors with a value
  • Returns· partialunavailable · 0/2 factors with a value
  • Valuation· partial0/100 · 1/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

REGENXBIO Inc. (RGNX). Latest full fiscal year: 2025; data up to 2026-06-30.

Figures computed from the financial statements: revenue 170.4 m USD in 2025; YoY growth 104.5%; net margin -112.6%; ROE -137.6%.

Valuation cannot be computed from the available data.

Insufficient data for a verdict (indicators available: 5 of at least 6; score weight coverage: 33.3% of at least 60%; valuation methods computed: 0 of at least 1).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • Revenue CAGR 3Y: 14.8%
  • Current ratio: 2.9x

What contradicts it

  • Interest coverage: -3.9x
  • FCF yield: -49.1%

Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, EPS CAGR 3Y, Net debt / EBITDA, P/E (TTM), EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).

Versus the vertical median

Biological Products, (No Diagnostic Substances) (SIC 2836) · same industry (4-digit SIC) · compared with 39 companies

Multiples and returns vs the median

P/E
—
vertical median 27.0x
EV/EBITDA
—
vertical median 18.0x
P/S
2.9x
vertical median 9.4x
below median (−69.0%)
P/B
7.1x
vertical median 3.0x
above median (+134.9%)
ROE
-137.6%
vertical median -52.7%
below median
Net margin
-112.6%
vertical median -199.5%
above median
EBIT margin
-94.1%
vertical median -200.7%
above median
Revenue YoY
104.5%
vertical median 4.0%
above median (+2,498.3%)
Net debt/EBITDA
—
vertical median 1.2x
Dividend yield
—
vertical median 0.5%

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
AMGNAmgen Inc.258.8 bn27.778.4%24.1%+10.0%+39% / +77%
GILDGilead Sciences, Inc.216.4 bn—-22.3%-12.5%+2.4%+39% / +128%
MRNAModerna, Inc.103.2 bn—-39.0%-141.4%−39.9%+895% / +233%
ARGXArgenx Se57.6 bn47.620.2%—+254.4%+2% / +107%
RVMDRevolution Medicines, Inc.43.2 bn—-93.6%-946.8%unavailable+157% / +756%
BIIBBiogen Inc.37.6 bn108.81.9%3.4%+2.2%+40% / +9%
EXELExelixis, Inc.17.8 bn21.744.3%35.5%+7.0%+65% / +234%
TECHBio-Techne Corp11.4 bn62.79.0%15.0%−0.4%+13% / +16%
QGENQiagen N.V.11.0 bn26.211.6%20.3%+5.7%+6% / +20%
IBRXImmunitybio, Inc.9.5 bn——-598.6%+668.3%+278% / +143%
BEAMBeam Therapeutics Inc.2.9 bn—-11.3%-73.9%+120.0%+10% / −1%
RXRXRecursion Pharmaceuticals, Inc.2.4 bn—-48.7%-697.1%+26.9%−16% / −43%
NVAXNovavax Inc1.8 bn——-59.9%+64.7%+51% / +94%
TSHATaysha Gene Therapies, Inc.1.4 bn—-47.1%-2,728.0%+17.3%−8% / +148%
INBXInhibrx Biosciences, Inc.1.3 bn—-1,773.6%—+550.0%+3% / unavailable
EVAXEvaxion A1.2 bn—-100.2%-102.4%+125.1%−50% / −93%
GLUEMonte Rosa Therapeutics, Inc.923.1 m—-42.7%-560.9%+63.5%−33% / +249%
PRMEPrime Medicine, Inc.901.4 m—-373.3%-4,056.4%+55.3%+30% / −32%
SLDBSolid Biosciences Inc.727.7 m—-76.9%—−40.6%+20% / +131%
RGNXREGENXBIO Inc.509.0 m—-137.6%-112.6%+104.5%−33% / −50%
CCCCC4 Therapeutics, Inc.383.8 m—-48.1%-289.4%+1.0%+15% / +91%
AUTLAutolus Therapeutics plc367.3 m—-133.0%-238.7%+644.9%−2% / −68%
AGENAgenus Inc313.8 m2.6—69.3%+10.4%+53% / −55%
SABSSab Biotherapeutics, Inc.289.3 m—-11.3%—−100.0%−19% / −67%
FATEFate Therapeutics Inc250.4 m—-60.7%-1,941.1%−51.2%+83% / −16%

1- and 3-year price returns: for RGNX from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (USD)

Estimated priceBearBaseBull
1 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
3 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
5 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
What moves the 3-year price the most

    AI analysis

    The qualitative analysis has not been written for this company yet.

    Products, market & competition

    The qualitative analysis has not been written for this company yet.

    News & filings

    In the press

    The latest news item in our archive is from 24 Aug 2026; the newest SEC filing is from 16 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.

    SEC filings

    Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.