Coya Therapeutics, Inc. (COYA)

Coya Therapeutics, Inc., a clinical-stage biotechnology company, engages in the development of proprietary therapies to enhance the function of regulatory T cells (Tregs). Its candidate product pipeline is based on therapeutic modalities, such as Treg-enhancing biologics, Treg-derived exosomes, and autologous Treg cell therapy. The company develops COYA 302, a biologic combination for subcutaneous administration intended to enhance Treg function while depleting T effector function and activated macrophages in Phase 2 trial for use in the treatment of amyotrophic lateral sclerosis, as well as frontotemporal dementia, Alzheimer's disease (AD), and Parkinson's disease. In addition, its pre-clinical product candidates include COYA 301, a low-dose interleukin 2 product candidate to treat AD; COYA 303, an investigational biologic combination of COYA 301 and a glucagon-like-peptide-1 receptor agonist for the treatment of inflammatory diseases; COYA 201, an antigen directed Treg-derived exosome product candidate to treat neurodegenerative, autoimmune, and metabolic diseases; COYA 206, an antigen directed Treg-derived exosome product candidate; and COYA 101. It has a collaboration with Dr. Reddy's Laboratories SA for the development and commercialization of COYA 302, an investigational combination therapy for treatment of amyotrophic lateral sclerosis. Coya Therapeutics, Inc. was founded in 2020 and is headquartered in Houston, Texas.

Symbol
COYA
Exchange
Nasdaq
Sector
Healthcare
Industry
Biotechnology
Market cap
$118.23M
52 week range
3.71 - 7.75

Valuation

Share price
$5.04 (close of 2026-09-23)
P/E (TTM)
-4.71x
Price to book
2.73x
Price to free cash flow
-7.52x
Enterprise value
$75.05M
Book value per share
$1.84

Price performance

PeriodChange
1 day+1.82%
5 days+8.39%
1 month+3.49%
3 months-6.49%
6 months+19.43%
Year to date-13.10%
1 year-4.00%
3 years+25.37%
All time+10.28%

Profitability and growth

Return on equity
-49.33%
Return on assets
-42.49%
Return on capital employed
-51.17%
Net margin
-267.14%
EBITDA margin
-283.52%
Revenue growth
123.57%
Net income growth
-42.64%
Free cash flow growth
-4.38%

Cash flow and balance sheet

Free cash flow yield (TTM)
-13.30%
Current ratio
13.40x
Net debt to EBITDA
1.87x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$7.95M
EBITDA
$-22.53M
Net income
$-21.23M
Earnings per share
$-1.27
Shares outstanding
16.73M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$7.95M$-21.23M$-1.27
2024-12-31$3.55M$-14.88M$-0.98
2023-12-31$6.00M$-7.99M$-0.79
2022-12-31-$-12.24M$-4.73
2021-12-31-$-4.89M$-1.89

Margins and returns by year

Period endNet marginReturn on equityReturn on capital
2025-12-31-267.14%-49.33%-
2024-12-31-418.70%-37.60%-1335.89%
2023-12-31-133.08%-22.42%-262.67%
2022-12-31-145.88%-
2021-12-31--134.25%-

Cash and debt by year

Period endCash
2025-12-31$46.82M
2024-12-31$38.34M
2023-12-31$32.63M
2022-12-31$5.93M
2021-12-31$4.34M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-10.74M$4.29M
2024-12-31$-10.29M$2.66M
2023-12-31$-11.19M$872.25K
2022-12-31$-7.24M$207.35K
2021-12-31$-3.90M$233.22K

Investor relations

Next earnings report

Next confirmed report
2026-11-11

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-11Jun/2026-
2026-05-12--
2026-03-16--
2025-11-12--
2025-08-12--
2025-05-13--
2025-03-18--
2024-11-06--

Filings and sources

Company website
coyatherapeutics.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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