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Nasdaq · Healthcare

Maze Therapeutics, Inc. (MAZE)

As-reported financials and SEC filings for Maze Therapeutics, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Maze Therapeutics, Inc.

Maze Therapeutics, Inc. is a clinical-stage biopharmaceutical company that develops small molecule precision medicines for kidney and metabolic diseases. The company uses its Compass platform to identify genetic variants linked to disease and advance drug candidates, including MZE829 for APOL1-mediated kidney disease and MZE782 for phenylketonuria and chronic kidney disease. Maze serves patients with genetically defined kidney and metabolic disorders and collaborates with pharmaceutical partners to develop additional programs.

Snapshot

Revenue
Revenue growth (YoY)
Net income
$-131.1M
Diluted EPS
$-3.05
Gross margin
Operating margin
Net margin
FCF margin
ROE
-36.9%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$1.59B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Maze Therapeutics

  • Free cash flow was negative $113M in FY2025.
  • Net income turned to a $131M loss in FY2025, from a $52M profit in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Maze Therapeutics’s fundamentals sit among the 71 biotech companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

ROE-36.9%
43rd percentile of 61
Short interest16.17d
90th percentile of 71

No reported insider purchases (code P) in the last 90 days; 17 insider sales totaling $4.2M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+4 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
4
2 trimmed, 2 exited
Combined position
$32.4M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$25.4M852.7KAdded
Two Sigma InvestmentsquantQ2 2026$5.8M193.0KAdded
AQR Capital ManagementquantQ2 2026$810,48527.2KReduced
D. E. ShawquantQ2 2026$358,64712.0KReduced

No longer held by: Millennium Management (as of Q2 2026), Renaissance Technologies (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
17
$4.2M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-28
filed 2026-08-31
Dandekar AtulCSBOSell7.5K$27.58$207K
2026-08-13
filed 2026-08-14
Bernstein HaroldPresident, R&D & CMOSell16.1K$27.61$446K
2026-08-03
filed 2026-08-05
Coloma Jason VChief Executive OfficerSell30.3K$26.71$810K
2026-08-03
filed 2026-08-05
Coloma Jason VChief Executive OfficerSell2.4K$26.71$65K
2026-08-03
filed 2026-08-05
Coloma Jason VChief Executive OfficerSell1.6K$27.09$43K
2026-08-03
filed 2026-08-05
Coloma Jason VChief Executive OfficerSell154$27.09$4K
2026-07-29
filed 2026-07-31
Dandekar AtulCSBOSell7.1K$27.31$194K
2026-07-29
filed 2026-07-31
Dandekar AtulCSBOSell400$27.89$11K
2026-07-01
filed 2026-07-02
Coloma Jason VChief Executive OfficerSell30.3K$29.95$908K
2026-07-01
filed 2026-07-02
Bernstein HaroldPresident, R&D & CMOSell13.4K$29.86$400K
2026-07-01
filed 2026-07-02
Coloma Jason VChief Executive OfficerSell2.6K$29.98$78K
2026-07-01
filed 2026-07-02
Coloma Jason VChief Executive OfficerSell1.6K$30.44$49K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
6.0M
settled 2026-08-14
Change vs prior
+5.5%
vs previous settlement
Days to cover
16.17
at avg daily volume
Avg daily volume
370.3K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-146.0M+5.5%16.17
2026-07-315.7M+2.8%15.88
2026-07-155.5M-0.0%8.48
2026-06-305.5M+36.2%5.37
2026-06-154.1M+4.1%7.69
2026-05-293.9M-1.4%8.81
2026-05-154.0M-9.2%7.41
2026-04-304.3M+14.6%5.64

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024
Revenue$167.5M
Gross profit
Operating income$-142.9M$57.6M
Net income$-131.1M$52.2M
Diluted EPS$-3.05$0.08

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024
Cash and equivalents$189.2M$196.8M
Current assets$349.7M$201.7M
Total assets$397.1M$240.5M
Current liabilities$22.6M$20.7M
Long-term debt
Total liabilities$42.2M$43.6M
Total equity$355.0M$-311.2M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024
Operating cash flow$-111.9M$76.0M
Capital expenditure$794,000$1.1M
Free cash flow$-112.7M$74.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$-44.7M$-0.76
Q1 FY2026$20.0M$-24.2M$-0.45
Q4 FY2025$-34.6M$-0.65
Q3 FY2025$-30.1M$-0.66
Q2 FY2025$0-100.0%$-33.7M$-0.77
Q1 FY2025$-32.8M
Q4 FY2024$0$-29.6M
Q3 FY2024$2.5M$-24.8M

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorHealthcare
SIC industryBiological Products, (No Diagnostic Substances)
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2024
SEC CIK1842295

Selected SEC filings

10-Q2026-08-11
View on EDGAR →
10-Q2026-05-12
View on EDGAR →
8-K2026-08-17
View on EDGAR →
8-K2026-08-11
View on EDGAR →
8-K2026-06-10
View on EDGAR →
8-K2026-05-22
View on EDGAR →

Largest biotech peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.