JANX on Nasdaq
Janux Therapeutics, Inc.
American pharmaceutical preparations company, incorporated in Delaware. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
Compare with Zenas BioPharma, Inc., Spectrum Pharmaceuticals or PROTHENA CORP PUBLIC LTD CO, or pick any stock.
- TickerJANX on Nasdaq1
- IndustryPharmaceutical Preparations1
- HeadquartersSan Diego, California1
- Incorporated inDE2
- Business address10955 Vista Sorrento Parkway, Suite 200, San Diego, Ca 921302
- Filer categoryLarge accelerated filer2
See how the biggest companies compare on our leaderboards
We are an innovative clinical-stage biopharmaceutical company developing a broad pipeline of novel immunotherapies by applying our proprietary technologies to our Tumor Activated T Cell Engager (TRACTr), Tumor Activated Immunomodulator (TRACIr), and Adaptive Immune Response Modulator (ARM) platforms. The TRACTr platform produces T cell engagers (TCEs) with a tumor antigen-binding domain and a CD3 T cell binding domain, while the TRACIr platform produces bispecifics with a tumor antigen-binding domain and a costimulatory CD28 binding domain. The goal of our TRACTr and TRACIr platforms is to provide cancer patients with safe and effective therapeutics that direct and guide their immune system to eradicate tumors while minimizing safety concerns. Our initial focus is on developing a novel class of TRACTr therapeutics designed to target clinically validated TCE drug targets, while overcoming…3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development100¢$125.9M
Out of $10.0M in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Collaboration revenue | $10.0M | $10.6M | $8.1M |
| Research and development | $125.9M | $68.4M | $54.9M |
| General and administrative | $41.8M | $41.0M | $26.1M |
| Total operating expenses | $167.7M | $109.4M | $81.1M |
| Loss from operations | -$157.7M | -$98.8M | -$73.0M |
| Interest income | $44.0M | $29.9M | $14.7M |
| Total other income | $44.0M | $29.9M | $14.7M |
| Net loss | -$113.6M | -$69.0M | -$58.3M |
| Unrealized gain on available-for-sale securities, net | $2.2M | $1.5M | $2.2M |
| Comprehensive loss | -$111.5M | -$67.5M | -$56.1M |
| Net loss per common share, basic | -$1.83 | -$1.28 | -$1.32 |
| Net loss per common share, diluted | -$1.83 | -$1.28 | -$1.32 |
| Weighted-average shares of common stock outstanding, basic | 62.0M shares | 53.8M shares | 44.0M shares |
| Weighted-average shares of common stock outstanding diluted | 62.0M shares | 53.8M shares | 44.0M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $52.3M | $430.6M | ||
| Short-term investments | $914.2M | $594.6M | ||
| Prepaid expenses and other current assets | $9.3M | $8.5M | ||
| Total current assets | $975.9M | $1.0B | ||
| Restricted cash | $816.0K | $816.0K | ||
| Property and equipment, net | $3.9M | $4.9M | ||
| Operating lease right-of-use assets | $18.4M | $19.3M | ||
| Other long-term assets | $2.6M | $2.9M | ||
| Total assets | $1.0B | $1.1B | ||
| Accounts payable | $5.0M | $4.0M | ||
| Accrued expenses | $17.6M | $11.7M | ||
| Current portion of operating lease liabilities | $2.4M | $1.7M | ||
| Total current liabilities | $25.0M | $17.5M | ||
| Operating lease liabilities, net of current portion | $19.7M | $21.3M | ||
| Total liabilities | $44.7M | $38.7M | ||
| Common stock, $0.001 par value; authorized shares - 200,000,000 at December 31, 2025 and 2024, respectively; issued shares - 60,384,283 and 59,064,606 at December 31, 2025 and 2024, respectively; outstanding shares - 60,384,283 and 59,064,606 at December 31, 2025 and 2024, respectively | $60.0K | $59.0K | ||
| Additional paid-in capital | $1.3B | $1.3B | ||
| Accumulated other comprehensive income | $4.3M | $2.2M | ||
| Accumulated deficit | -$351.4M | -$237.8M | ||
| Total stockholders' equity | $956.8M | $1.0B | $344.3M | $320.7M |
| Total liabilities and stockholders' equity | $1.0B | $1.1B | ||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 200.0M shares | 200.0M shares | ||
| Common stock, shares issued | 60.4M shares | 59.1M shares | ||
| Common stock, shares outstanding | 60.4M shares | 59.1M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $52.3M | $430.6M | ||
| Short-term investments | $914.2M | $594.6M | ||
| Prepaid expenses and other current assets | $9.3M | $8.5M | ||
| Total current assets | $975.9M | $1.0B | ||
| Restricted cash | $816.0K | $816.0K | ||
| Property and equipment, net | $3.9M | $4.9M | ||
| Operating lease right-of-use assets | $18.4M | $19.3M | ||
| Other long-term assets | $2.6M | $2.9M | ||
| Total assets | $1.0B | $1.1B | ||
| Accounts payable | $5.0M | $4.0M | ||
| Accrued expenses | $17.6M | $11.7M | ||
| Current portion of operating lease liabilities | $2.4M | $1.7M | ||
| Total current liabilities | $25.0M | $17.5M | ||
| Operating lease liabilities, net of current portion | $19.7M | $21.3M | ||
| Total liabilities | $44.7M | $38.7M | ||
| Common stock, $0.001 par value; authorized shares - 200,000,000 at December 31, 2025 and 2024, respectively; issued shares - 60,384,283 and 59,064,606 at December 31, 2025 and 2024, respectively; outstanding shares - 60,384,283 and 59,064,606 at December 31, 2025 and 2024, respectively | $60.0K | $59.0K | ||
| Additional paid-in capital | $1.3B | $1.3B | ||
| Accumulated other comprehensive income | $4.3M | $2.2M | ||
| Accumulated deficit | -$351.4M | -$237.8M | ||
| Total stockholders' equity | $956.8M | $1.0B | $344.3M | $320.7M |
| Total liabilities and stockholders' equity | $1.0B | $1.1B | ||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 200.0M shares | 200.0M shares | ||
| Common stock, shares issued | 60.4M shares | 59.1M shares | ||
| Common stock, shares outstanding | 60.4M shares | 59.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$113.6M | -$69.0M | -$58.3M |
| Depreciation | $2.0M | $2.1M | $2.0M |
| Stock-based compensation | $40.2M | $33.0M | $20.0M |
| Accretion of discounts on investments, net | -$17.6M | -$10.6M | -$7.7M |
| Prepaid expenses and other current assets | -$827.0K | -$3.3M | $210.0K |
| Other long-term assets | $276.0K | -$375.0K | -$1.1M |
| Accounts payable | $977.0K | $1.6M | $277.0K |
| Accrued expenses | $6.3M | $4.4M | -$678.0K |
| Deferred revenue | $0 | -$1.7M | -$5.9M |
| Operating lease right-of-use assets and liabilities, net | -$2.0K | $35.0K | $678.0K |
| Net cash used in operating activities | -$82.2M | -$43.8M | -$50.6M |
| Purchases of property and equipment | -$1.0M | -$359.0K | -$1.9M |
| Purchases of short-term investments | -$705.2M | -$470.6M | -$317.3M |
| Maturities of short-term investments | $405.3M | $212.9M | $278.0M |
| Net cash used in investing activities | -$301.0M | -$258.0M | -$41.2M |
| Proceeds from exercise of common stock options and employee stock purchase plan | $5.3M | $15.0M | $3.0M |
| Proceeds from the issuance of common stock and pre-funded common stock warrants, net of issuance costs | -$347.0K | $698.3M | $56.5M |
| Net cash provided by financing activities | $4.9M | $713.2M | $59.5M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -$378.3M | $411.4M | -$32.2M |
| Unpaid property and equipment | $0 | $6.0K | $132.0K |
| Unpaid issuance costs | $0 | $347.0K | $0 |
| Vesting of restricted common stock | $0 | $20.0K | $149.0K |
| Unrealized gain on available-for-sale securities, net | $2.2M | $1.5M | $2.2M |
| Operating lease liabilities arising from right-of-use assets | $943.0K | $0 | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Janux Therapeutics, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- Chief financial officerTighe Reardon Jun 10, 2021 to Jun 5, 202411
Board members and other officers (23)
- Chief Medical OfficerWilliam Go Feb 4, 2026 to now12
- Chief Medical OfficerZachariah McIver Jan 3, 2025 to now13
- Chief Corp. & Bus. Dev. OfcrJaneen Noel Doyle May 23, 2025 to now14
- Chief Scientific OfficerThomas Diraimondo Jan 3, 2024 to now15
- Vice President, AccountingMaria Dobek Aug 9, 2024 to now16
- Chief Technical OfficerCharles M. Winter Jan 5, 2023 to now17
- Chief Strategy OfficerByron Robinson Mar 3, 2022 to Jan 3, 202518
- Chief Business OfficerAndrew Hollman Meyer Jun 10, 2021 to now19
- Chief Medical OfficerWayne Godfrey Jun 10, 2021 to Jan 5, 202320
- Chief Scientific OfficerShahram Salek-Ardakani Jul 20, 2021 to Jan 5, 202221
- Board memberEric Dobmeier Jul 22, 2024 to now22
- Board memberNatasha Hernday Jul 22, 2024 to now23
- Board memberWinston Kung Sep 22, 2022 to now24
- Board memberJake Simson Jun 10, 2021 to now25
- Board memberJay Lichter Jun 10, 2021 to Jun 28, 202426
- Board memberPeter A. Thompson Jun 10, 2021 to Jun 16, 202227
- Board memberPeter Kolchinsky Jun 10, 2021 to now28
- Board memberRajeev M. Shah Jun 10, 2021 to now28
- Board memberSheila Gujrathi Jun 10, 2021 to now29
- Board memberStefan Heller Jun 10, 2021 to Jun 16, 202230
- Board memberVickie L. Capps Jun 10, 2021 to now31
- Board memberAlana B. McNulty Sep 9, 2021 to now32
- Board memberRonald W. Barrett Sep 9, 2021 to now33
Filings
379 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 44 major events, 137 insider forms, 54 large holders, 124 other. The latest 20:
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 6, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- Jul 31, 20264 EDGAR
- Jul 28, 2026SCHEDULE 13G/A EDGAR
- Jul 10, 20264 EDGAR
- Jun 23, 20268-K EDGAR
- Jun 12, 20264 EDGAR
- Jun 12, 20264 EDGAR
- Jun 12, 20264 EDGAR
- Jun 12, 20264 EDGAR
- Jun 12, 20264 EDGAR
- Jun 12, 20264 EDGAR
- Jun 12, 20264 EDGAR
- Jun 12, 20268-K EDGAR
- Jun 4, 20264 EDGAR
- Jun 2, 2026144 EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 13, 20264 EDGAR
The 379 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
52 open-market trades by officers, directors and large owners since October 2021: 8 buys and 44 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 2, 2026 | Doyle Janeen NoelChief Corp. & Bus. Dev. Ofcr | Sale | 4,059 | $14.03 | $56.9K | Form 4 |
| May 11, 2026 | Dobek MariaVice President, Accounting | Sale | 2,038 | $14.17 | $28.9K | Form 4 |
| Jan 2, 2026 | McIver ZachariahChief Medical Officer | Sale | 2,714 | $13.73 | $37.3K | Form 4 |
| Jan 2, 2026 | Dobek MariaVice President, Accounting | Sale | 1,462 | $13.73 | $20.1K | Form 4 |
| Jan 2, 2026 | DiRaimondo ThomasChief Scientific Officer | Sale | 2,505 | $13.73 | $34.4K | Form 4 |
| Jan 2, 2026 | Winter Charles M.Chief Technical Officer | Sale | 2,401 | $13.73 | $33.0K | Form 4 |
| Jan 2, 2026 | Meyer Andrew HollmanChief Business Officer | Sale | 1,879 | $13.73 | $25.8K | Form 4 |
| Jan 2, 2026 | Campbell David AlanPresident and CEO | Sale | 8,072 | $13.73 | $110.8K | Form 4 |
| Dec 1, 2025 | Meyer Andrew HollmanChief Business Officer | Sale | 3,333 | $32.98 | $109.9K | Form 4 |
| Nov 14, 2025 | Meyer Andrew HollmanChief Business Officer | Sale | 3,333 | $30.00 | $100.0K | Form 4 |
| Oct 28, 2025 | Meyer Andrew HollmanChief Business Officer | Sale | 16,665 | $30.06 | $500.9K | Form 4 |
| May 1, 2025 | Meyer Andrew HollmanChief Business Officer | Sale | 3,333 | $32.03 | $106.7K | Form 4 |
| Apr 21, 2025 | Meyer Andrew HollmanChief Business Officer | Sale | 3,334 | $30.00 | $100.0K | Form 4 |
| Mar 7, 2025 | RA Capital Healthcare Fund LPDirector | Buy | 110,206 | $31.02 | $3.4M | Form 4 |
| Mar 6, 2025 | RA Capital Healthcare Fund LPDirector | Buy | 372,093 | $30.78 | $11.5M | Form 4 |
| Mar 5, 2025 | RA Capital Healthcare Fund LPDirector | Buy | 341,742 | $30.64 | $10.5M | Form 4 |
| Mar 3, 2025 | Meyer Andrew HollmanChief Business Officer | Sale | 3,334 | $32.14 | $107.2K | Form 4 |
| Feb 3, 2025 | Meyer Andrew HollmanChief Business Officer | Sale | 3,334 | $42.29 | $141.0K | Form 4 |
| Jan 7, 2025 | Campbell David AlanPresident and CEO | Sale | 5,000 | $60.00 | $300.0K | Form 4 |
| Jan 2, 2025 | Meyer Andrew HollmanChief Business Officer | Sale | 13,334 | $54.88 | $731.8K | Form 4 |
All 52 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Point72 Asset Management, L.P.SCHEDULE 13G/A, 3 filings Apr 29, 2026 to Aug 14, 202634
- Janus Henderson Group Ltd.SCHEDULE 13G/A, 9 filings Feb 14, 2022 to Aug 13, 202635
- BlackRockSCHEDULE 13G/A, 1 filing Jul 28, 202636
- State Street CorporationSCHEDULE 13G, 2 filings Feb 9, 2026 to May 12, 202637
- FMR LLCSCHEDULE 13G/A, 6 filings Jan 10, 2022 to May 6, 202638
- Prosight Management, LPSCHEDULE 13G, 1 filing Feb 6, 202639
- Paradigm Biocapital Advisors LPSCHEDULE 13G/A, 3 filings Oct 23, 2024 to Aug 14, 202540
- Adage Capital Management, L.P.SCHEDULE 13G/A, 2 filings Feb 12, 2025 to Aug 12, 202541
- RA CAPITAL MANAGEMENT, L.P.SCHEDULE 13D/A, 4 filings Mar 6, 2024 to Mar 10, 202542
- BIOTECHNOLOGY VALUE FUND L PSC 13G/A, 3 filings May 30, 2023 to Nov 14, 202443
- CITADEL ADVISORS LLCSC 13G/A, 3 filings Jul 10, 2023 to Nov 14, 202444
- David Alan CampbellSC 13G/A, 4 filings Feb 11, 2022 to Nov 14, 202445
- Avalon Ventures XI, L.P.SC 13D/A, 7 filings Nov 16, 2023 to Nov 8, 202446
- Bregua CorpSC 13G/A, 2 filings Feb 1, 2024 to Nov 4, 202447
- ORBIMED ADVISORS LLCSC 13D/A, 2 filings Dec 17, 2021 to Aug 9, 202448
- EcoR1 Capital, LLCSC 13G/A, 2 filings Jan 23, 2023 to Feb 14, 202449
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Ra Capital Management, L.P. | 11,189,693 | $171.9M | 1.5% | No change |
| BlackRock, Inc. | 6,134,667 | $94.2M | 0.0% | +701,434 |
| Prosight Management, LP | 3,804,481 | $58.4M | 10.1% | +254,481 |
| State Street Corp | 3,004,899 | $46.2M | 0.0% | +540,882 |
| Fmr LLC | 2,412,825 | $37.1M | 0.0% | −122,899 |
| Federated Hermes, Inc. | 2,352,927 | $36.1M | 0.1% | +2,298,727 |
| Point72 Asset Management, L.P. | 1,993,837 | $30.6M | 0.0% | +837,697 |
| Vanguard Capital Management LLC | 1,857,351 | $28.5M | 0.0% | +45,986 |
| TCG Crossover Management, LLC | 1,789,617 | $27.5M | 0.7% | No change |
| Alyeska Investment Group, L.P. | 1,647,140 | $25.3M | 0.1% | +46,051 |
| Nantahala Capital Management, LLC | 1,619,828 | $24.9M | 0.8% | +809,914 |
| Wellington Management Group Llp | 1,507,360 | $23.2M | 0.0% | −90,290 |
| Vanguard Portfolio Management LLC | 1,330,710 | $20.4M | 0.0% | +40,454 |
| Two Sigma Investments, LP | 1,207,250 | $18.5M | 0.0% | +1,091,151 |
| Geode Capital Management, LLC | 1,204,150 | $18.5M | 0.0% | +57,426 |
| Citadel Advisors LLC | 1,200,737 | $18.4M | 0.0% | +848,560 |
| Algert Global LLC | 1,110,889 | $17.1M | 0.2% | +667,492 |
| D. E. Shaw & Co., Inc. | 1,096,509 | $16.8M | 0.0% | +998,114 |
| Goldman Sachs Group Inc | 952,675 | $14.6M | 0.0% | +350,662 |
| Bank Of America Corp /de/ | 910,460 | $14.0M | 0.0% | +108,814 |
| Morgan Stanley | 836,966 | $12.9M | 0.0% | +133,026 |
| Qube Research & Technologies Ltd | 702,057 | $10.8M | 0.0% | +504,912 |
| Squarepoint Ops LLC | 532,321 | $8.2M | 0.0% | −71,679 |
| Orbimed Advisors LLC | 524,700 | $8.1M | 0.2% | −458,900 |
| Millennium Management LLC | 504,544 | $7.7M | 0.0% | +117,734 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12SEC EDGARWilliam Go, Chief Medical Officer
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20SEC EDGARWayne Godfrey, Chief Medical Officer
- 21
- 22SEC EDGAREric Dobmeier, Board member
- 23SEC EDGARNatasha Hernday, Board member
- 24SEC EDGARWinston Kung, Board member
- 25SEC EDGARJake Simson, Board member
- 26SEC EDGARJay Lichter, Board member
- 27SEC EDGARPeter A. Thompson, Board member
- 28SEC EDGARPeter Kolchinsky, Board member
- 29SEC EDGARSheila Gujrathi, Board member
- 30SEC EDGARStefan Heller, Board member
- 31SEC EDGARVickie L. Capps, Board member
- 32SEC EDGARAlana B. McNulty, Board member
- 33SEC EDGARRonald W. Barrett, Board member
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49