KZR - NASDAQ
Kezar Life Sciences, Inc.
$7.29
+0.0000%Kezar Life Sciences, Inc., a clinical-stage biotechnology company, engages in the discovery and development of novel small molecule therapeutics to treat unmet needs in immune-mediated diseases and cancer in the United States. The company's lead product candidate is KZR-616, a selective immunoproteasome inhibitor that is in Phase 2 clinical trials for various indications, including lupus nephritis, dermatomyositis, and polymyositis; and Phase 1b clinical trials in systemic lupus erythematosus and lupus nephritis. Its preclinical products include KZR-261, a novel first-in-class protein secretion inhibitor for the treatment of KZR-261; and KZR-TBD for the treatment of oncology and immunology. The company was incorporated in 2015 and is based in South San Francisco, California.
At a Glance
Live SnapshotKezar Life Sciences, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
Kezar Life Sciences, Inc. Cash Flow Statement
KZR • NASDAQ
| Kezar Life Sciences, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||
-56M | -83.7M | -101.9M | -68.2M | -54.6M | -41.7M | -35.1M | -23.2M | -8.5M | -9M | |
-1.1M | 1M | 1.1M | 1M | 1.5M | 1.5M | 1.3M | 690K | 175K | 154K | |
0.0 | 0.0 | 0.0 | 0.0 | 1.8M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
9M | 13M | 18.1M | 14M | 7.6M | 4.9M | 4M | 2M | 203K | 128K | |
1.8M | -3.2M | -3.7M | -1.2M | 91K | 317K | -979K | -370K | 472K | 979K | |
-5.4M | -1.3M | 4.7M | -4.5M | 1.2M | -2M | 881K | 62K | 30K | -1.1M | |
-51.8M | -74.2M | -81.6M | -58.8M | -42.4M | -36.9M | -29.9M | -20.8M | -8.1M | -9.8M | |
INVESTING ACTIVITIES | ||||||||||
-8K | -29K | -1.8M | -1.6M | -316K | -194K | -607K | -1.1M | -389K | -132K | |
(121K) | (0.0) | (0.0) | (89.8K) | (28.1K) | (56.3K) | -21K | (10K) | (0.0) | (0.0) | |
-42.6M | -91.3M | -180.4M | -332.2M | -156.4M | -225.7M | -102.3M | -119.2M | (0.0) | (0.0) | |
135M | 171.8M | 258.3M | 242.4M | 128.3M | 169.4M | 123.3M | 36.5M | 0.0 | 0.0 | |
0.0 | 0.0 | 5K | -89.8K | -28.1K | -56.3K | 21K | 10K | 0.0 | 0.0 | |
(92.5M) | (80.4M) | (76M) | -91.4M | -28.4M | -56.5M | (20.4M) | -83.9M | -389K | -132K | |
FINANCING ACTIVITIES | ||||||||||
65K | 103K | 638K | 126.5M | 101M | 99.2M | 272K | 77.9M | 0.0 | 0.0 | |
-10.7M | 0.0 | 0.0 | 0.0 | 9.5M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 1.3M | 2.1M | 456K | 0.0 | 0.0 | 0.0 | 36K | |
-10.6M | 103K | 638K | 127.9M | 112.6M | 99.6M | 272K | 77.9M | 49.8M | 36K | |
CASH FLOW SUMMARY | ||||||||||
28K | -63K | -2K | -49K | -50K | 82K | -45K | -81K | 29K | -150K | |
30.1M | 6.3M | -5M | -22.4M | 41.7M | 6.3M | -9.2M | -26.9M | 41.3M | -10M | |
41.7M | 35.5M | 40.5M | 62.9M | 21.2M | 15M | 24.2M | 51M | 9.8M | 19.8M | |
71.9M | 41.7M | 35.5M | 40.5M | 62.9M | 21.2M | 15M | 24.2M | 51M | 9.8M | |
-51.8M | -74.2M | -83.5M | -60.4M | -42.8M | -37.1M | -30.5M | -21.9M | -8.5M | -9.9M |
SEC Filings
KZR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 11, 2026 | May 08, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 11, 2026 | March 31, 2026 | 2026 | |
10-K/A 10-K/A 2025 FY (Amended) FY | April 30, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | April 03, 2026 | April 01, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 30, 2026 | March 30, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 27, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 12, 2026 | March 06, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 12, 2025 | November 12, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 12, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 07, 2025 | November 06, 2025 | 2025 |
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