NASDAQ$COGT

Cogent Biosciences Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Cogent Biosciences reported financial results for Q4 2021, with ongoing clinical trials and sufficient cash to fund operations into 2024.

Cogent Biosciences announced its Q4 and full year 2021 financial results, highlighting the active enrollment in APEX, SUMMIT, and PEAK clinical trials. The company ended the year with $219.7 million in cash and cash equivalents, expected to fund operations into 2024. An R&D Investor Event is planned for April 8, 2022.

  • APEX, SUMMIT and PEAK bezuclastinib clinical trials are actively enrolling patients.
  • Initial clinical data presentation from APEX is expected in the first half of 2022.
  • An R&D Investor Event is planned for April 8, 2022.
  • Ended 2021 with $219.7 million in cash, sufficient to fund operations into 2024.

Headline financials

EPS (adj)

-$0.62

Previous: -$6.06+89.8%
Capital Expenditures

$433K

No prior period
Free Cash Flow

-$21.2M

No prior period
Net Income

-$24.9M

Previous: -$11.3M-119.7%
Operating Income

-$25.6M

Previous: -$11.5M-123.8%
Cash & Equivalents

$220M

Previous: $242M-9.3%
Total Assets

$232M

Previous: $251M-7.5%
Stock-Based Comp

$3.85M

No prior period

Revenue & EPS history

Cogent Biosciences · Revenue · Quarterly

$0

Q3 2025

Forward guidance

Cogent Biosciences anticipates a cash runway into 2024 and expects to present preliminary clinical data from APEX in the first half of 2022. The company is planning an R&D investor event in April 2022 and anticipates the Cogent Research Team will move into its new facility this spring. AACR poster presentations are expected to be available through the AACR conference website on schedule.

Tailwinds

  • Cash runway anticipated into 2024
  • Preliminary clinical data from APEX expected in the first half of 2022
  • R&D investor event planned for April 2022
  • Cogent Research Team anticipated to move into new facility this spring
  • AACR poster presentations expected to be available through the AACR conference website on schedule.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.9%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+4.5%

Avg return

30 days after

65%

20 / 31 earnings

Positive

+17.8%

Q3 2018

Best reaction

-24.0%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%-5.3%-10.6%
Q3 2025-4.4%-9.1%+140.2%
Q2 2025-5.8%-9.0%+7.4%
Q1 2025+2.7%+4.4%+48.4%
Q4 2024-6.3%+0.9%-11.4%
Q3 2024+0.0%-14.4%-19.8%
Q1 2024+0.4%-0.1%+11.1%
Q4 2023+0.7%-2.8%-12.4%
Q3 2023+3.9%+3.8%-2.7%
Q2 2023+7.3%+8.8%+9.4%
Q1 2023-1.5%-2.6%-2.9%
Q4 2022+0.7%-5.1%-13.7%
Q3 2022-5.7%-8.5%-2.6%
Q2 2022+9.6%+12.1%+32.7%
Q1 2022-24.0%-26.8%-10.6%
Q4 2021+4.5%+28.4%+64.6%
Q3 2021+13.7%+12.1%-9.9%
Q2 2021+5.4%+13.4%+3.3%
Q1 2021+1.7%+4.9%+4.0%
Q4 2020+5.9%+5.5%+9.0%
Q3 2020+13.2%+9.8%+14.9%
Q2 2020-11.4%-11.0%-8.3%
Q1 2020+0.5%+17.9%+37.1%
Q4 2019-3.1%-15.5%-18.6%
Q3 2019-10.2%-32.6%-52.1%
Q2 2019+4.4%+9.3%+9.0%
Q1 2019+0.2%-1.1%-26.2%
Q4 2018+8.1%+5.4%-12.3%
Q3 2018+17.8%+18.5%-25.0%
Q2 2018-5.9%-12.8%-27.3%
Q1 2018+4.0%+12.4%+13.6%
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q3 2016
Q3 2015

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