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Nasdaq · Healthcare

Syndax Pharmaceuticals Inc (SNDX)

As-reported financials and SEC filings for Syndax Pharmaceuticals 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 Syndax Pharmaceuticals Inc

Syndax Pharmaceuticals Inc is a biopharmaceutical company that develops and commercializes cancer therapies. Its main products include Revuforj, an oral menin inhibitor approved for treating relapsed or refractory acute leukemia with specific genetic mutations, and Niktimvo, a CSF-1R blocking antibody approved for chronic graft-versus-host disease after failure of prior therapies. The company serves adult and pediatric patients with certain types of leukemia and other serious diseases, and it conducts ongoing clinical trials to expand the use of its medicines.

Snapshot

Revenue
$172.4M
Revenue growth (YoY)
627.8%
Net income
$-285.4M
Diluted EPS
$-3.29
Gross margin
Operating margin
Net margin
FCF margin
ROE
-441.6%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$1.74B
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 Syndax Pharmaceuticals

  • Revenue grew 627.8% to $172M in FY2025.
  • Operating margin is now a 158.4% loss in FY2025, from 18.8% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $73M, up 91.8% from Q2 FY2025.
  • Free cash flow was negative $323M in FY2025.
  • Net loss narrowed to $285M in FY2025, from $319M 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 Syndax Pharmaceuticals’s fundamentals sit among the 198 pharmaceutical companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Revenue growth (YoY)+627.8%
95th percentile of 187
ROE-441.6%
Lowest of 167
Short interest15.03d
91st percentile of 197

Syndax Pharmaceuticals’s return on equity of -441.6% is the lowest of the 167 pharmaceutical companies reporting it. Syndax Pharmaceuticals’s revenue growth of +627.8% ranks in the 95th percentile of the 187 pharmaceutical companies reporting it.

No reported insider purchases (code P) in the last 90 days; 3 insider sales totaling $2.0M. 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 6 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+6 quant / multi-strat
Initiated / added
1
0 new, 1 added
Reduced / exited
6
5 trimmed, 1 exited
Combined position
$137.8M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$44.9M2.1MAdded
Two Sigma InvestmentsquantQ2 2026$34.5M1.6MReduced
D. E. ShawquantQ2 2026$27.1M1.2MReduced
AQR Capital ManagementquantQ2 2026$18.7M853.3KReduced
Renaissance TechnologiesquantQ2 2026$7.0M321.6KReduced
Citadel AdvisorsquantQ2 2026$5.6M258.3KReduced

No longer held by: Point72 Asset Management (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)
3
$2.0M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-08
filed 2026-07-09
Metzger Michael AChief Executive OfficerSell32.4K$24.24$785K
2026-06-12
Botwood Nicholas A.J.Head of R&D, CMOSell31.2K$18.14$567K
2026-06-11
filed 2026-06-12
Botwood Nicholas A.J.Head of R&D, CMOSell34.3K$18.00$617K
2026-06-01
filed 2026-06-02
Metzger Michael AChief Executive OfficerSell6.8K$18.99$130K
2026-06-01
filed 2026-06-02
Goldan Keith A.Chief Financial OfficerSell1.2K$18.99$22K

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
22.9M
settled 2026-08-14
Change vs prior
+1.1%
vs previous settlement
Days to cover
15.03
at avg daily volume
Avg daily volume
1.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1422.9M+1.1%15.03
2026-07-3122.7M+8.9%18.58
2026-07-1520.8M-4.6%9.83
2026-06-3021.8M+9.9%8.56
2026-06-1519.9M+19.4%9.10
2026-05-2916.6M-23.4%16.02
2026-05-1521.7M+9.1%10.54
2026-04-3019.9M-5.0%12.66

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)

 FY2025FY2024FY2023FY2022FY2021
Revenue$172.4M$23.7M$0$0$139.7M
Gross profit
Operating income$-273.1M$-339.7M$-230.0M$-151.8M$26.2M
Net income$-285.4M$-318.8M$-209.4M$-149.3M$24.9M
Diluted EPS$-3.29$-3.72$-2.98$-2.46$0.46

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)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$134.9M$154.1M$295.4M$74.4M$222.0M
Current assets$528.1M$603.1M$580.9M$489.8M$448.4M
Total assets$529.7M$724.8M$612.9M$497.2M$449.7M
Current liabilities$120.1M$103.5M$58.1M$29.1M$20.7M
Long-term debt
Total liabilities$465.1M$436.7M$58.7M$29.8M$41.3M
Total equity$64.6M$288.1M$554.2M$467.4M$408.4M

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)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-323.0M$-274.9M$-160.6M$-133.7M$29.1M
Capital expenditure$187,000$0$0$0$129,000
Free cash flow$-323.2M$-274.9M$-160.6M$-133.7M$29.0M

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$72.8M91.8%$-49.4M$-0.55
Q1 FY2026$64.9M223.6%$-42.7M$-0.48
Q4 FY2025$68.7M794.9%$-68.0M$-0.78
Q3 FY2025$45.9M267.0%$-60.7M$-0.70
Q2 FY2025$38.0M984.5%$-71.8M$-0.83
Q1 FY2025$20.0M$-84.8M$-0.98
Q4 FY2024$7.7M$-94.2M$-1.09
Q3 FY2024$12.5M$-84.1M$-0.98

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

Company facts

ExchangeNasdaq
SectorHealthcare
SIC industryPharmaceutical Preparations
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2007
SEC CIK1395937

Selected SEC filings

10-K2026-02-26
View on EDGAR →
10-Q2026-08-04
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-07-14
View on EDGAR →
8-K2026-06-10
View on EDGAR →
8-K2026-06-10
View on EDGAR →

Largest pharmaceutical peers

All pharmaceutical stocksAll Healthcare companies →

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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.