Denali Therapeutics Inc.

Denali Therapeutics Inc.

DNLIยทNASDAQ

$19.66

-3.7%
HealthcareBiotechnology

Denali Therapeutics Inc., a biopharmaceutical company, discovers and develops therapeutic candidates for neurodegenerative diseases in the United States. It offers leucine-rich repeat kinase 2 (LRRK2) inhibitor product candidate, including BIIB122/DNL151, a small molecule inhibitor, which is in phase I and phase Ib clinical trials for the treatment of Parkinson's disease. The company also develops DNL310 that is in Phase I/II clinical trials for the treatment of hunter syndrome; DNL343, which is in phase 1 clinical trial the treatment of amyotrophic lateral sclerosis (ALS); AR443820/DNL788 completed a phase I clinical trial for the treatment of ALS, multiple sclerosis (MS), and Alzheimer's disease; and SAR443122/DNL758, which is in phase II clinical trial for the treatment of cutaneous lupus erythematosus. It has collaboration agreement with Takeda Pharmaceutical Company, Genentech, Inc., Sanofi, F-star Gamma Limited, F-star Biotechnologische Forschungs-Und Entwicklungsges M.B.H, F-star Biotechnology Limited, SIRION Biotech GmbH, Genzyme Corporation, Harvard University, the Michael J. Fox Foundation, and Centogene; and a research and option agreement with Secarna Pharmaceuticals GmbH & Co. KG. to develop antisense therapies in the field of neurodegenerative diseases. The company was formerly known as SPR Pharma Inc. and changed its name to Denali Therapeutics Inc. in March 2015. Denali Therapeutics Inc. was incorporated in 2013 and is headquartered in South San Francisco, California.

At a Glance

Live Snapshot
Market Cap$3.12B
EPS-2.9700
P/E Ratio-6.62
Earnings Date07/30/2026
3Y+69.0%
5Y-199.0%
10Y+470.0%
3Y-281.0%
5Y-141.0%
10Y-217.0%
3Y-39.0%
5Y-70.0%
10Y-37.0%
DNLI

Denali Therapeutics Inc. Cash Conversion Engine

DNLI ยท NASDAQ
Net Income-512.54M
Depreciation & Amortization14.81M
Stock-Based Compensation99.63M
Change in Working Capital149.00K
Others-14.65M
Capital Expenditures-9.50M
Free Cash Flow-422.10M

Cash Flow Quality Analysis

FCF Conversion Rate

82.4%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

-2.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-16.1%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$149.00K

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Denali Therapeutics Inc. Cash Flow Statement

DNLI โ€ข NASDAQ

Denali Therapeutics Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
OPERATING ACTIVITIES
-512.5M
-422.8M
-145.2M
-326M
-290.6M
71.1M
-197.6M
-36.2M
-88.2M
-86.7M
-16.8M
14.8M
9M
16.7M
10.4M
8.6M
8.5M
8M
7.4M
3.1M
1.5M
121K
0.0
0.0
0.0
0.0
0.0
55K
0.0
0.0
0.0
307K
0.0
99.6M
102.9M
108.1M
99.8M
85.2M
50.4M
38.4M
18.8M
4.4M
3M
479K
-14.7M
-53.7M
-47.7M
-4.9M
5.8M
-2.3M
-3.3M
-2.7M
754K
5.3M
710K
(0.0)
(0.0)
(0.0)
(47K)
(210K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
149K
16.9M
-289.9M
-24M
-20.4M
288.4M
2.9M
62.9M
3.3M
4.3M
426K
-412.6M
-347.7M
-358M
-244.7M
-211.4M
416.2M
-151.6M
50.1M
-76.6M
-72.4M
-15.1M
INVESTING ACTIVITIES
-9.5M
-15.9M
-12.9M
-17.8M
-8.5M
-3.1M
-17.9M
-3.4M
-2.9M
-6.1M
-3.1M
(0.0)
(0.0)
(0.0)
(123.6M)
(0.0)
(620.1M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-441.3M
-1.2B
-1.8B
-1.1B
-1.4B
-1.3B
-369.7M
-557.9M
-179.8M
-226.9M
(0.0)
706M
1.2B
2.1B
991.5M
1.4B
665.4M
535.3M
273.9M
141.5M
14M
0.0
0.0
0.0
0.0
-123.6M
0.0
-620.1M
0.0
-284M
-38.3M
-212.9M
0.0
(255.3M)
-88.8M
(249.3M)
-141.4M
-21.6M
-623.2M
(147.7M)
-287.4M
-41.2M
-219M
-3.1M
FINANCING ACTIVITIES
197.4M
499.3M
17.8M
296.2M
0.0
614.1M
0.0
94.4M
265.6M
0.0
110K
-8.2M
-32.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5M
0.0
17.4M
0.0
14.5M
19.3M
20.7M
6.2M
2.6M
733K
111K
510K
189.2M
484.3M
17.8M
310.7M
19.3M
634.7M
6.2M
97M
296.3M
300.5M
48.9M
CASH FLOW SUMMARY
0.0
0.0
-75K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
31.9M
47.9M
-90.9M
-75.4M
-213.7M
427.7M
2.3M
-140.3M
178.5M
9.1M
30.7M
176.5M
128.7M
218M
295M
508.6M
80.9M
78.6M
218.9M
39.9M
30.7M
0.0
208.4M
176.5M
127.1M
219.5M
295M
508.6M
80.9M
78.6M
218.4M
39.9M
30.7M
-422.1M
-363.6M
-370.9M
-262.5M
-219.9M
413.1M
-169.5M
46.7M
-79.5M
-78.5M
-18.1M

SEC Filings

DNLI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 22, 2026
May 21, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 21, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

April 03, 2026
April 03, 2026
2026
8-K

8-K 2026

N/A

March 31, 2026
March 27, 2026
2026
8-K

8-K 2026

N/A

March 25, 2026
March 25, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

January 06, 2026
January 06, 2026
2026
Showing 1 to 10 of 145 filings