MB

MBX Biosciences, Inc. Common Stock

MBXยทNASDAQ

$30.05

-2.1%
HealthcareBiotechnology

MBX Biosciences, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery and development of precision peptide therapies for the treatment of endocrine and metabolic disorders. Its lead product candidate is MBX 2109, a parathyroid hormone peptide prodrug, which is in Phase 2 clinical trial designed as a potential long-acting hormone replacement therapy for the treatment of chronic hypoparathyroidism. The company is also developing MBX 1416, a long-acting glucagon-like peptide-1 (GLP-1) receptor antagonist that is in Phase 1 clinical trial designed as a potential therapy for post-bariatric hypoglycemia, a chronic complication of bariatric surgery. In addition, it is developing MBX 4291, a lead obesity product candidate, which is in investigational new drug-enabling studies designed as a long-acting and highly potent GLP-1 and glucose-dependent insulinotropic polypeptide receptor co-agonist prodrug for treating obesity and co-morbidities. The company was founded in 2018 and is based in Carmel, Indiana.

At a Glance

Live Snapshot
Market Cap$1.01B
EPS-2.3800
P/E Ratio-12.63
Earnings Date08/06/2026
3Y+246.0%
5Y+246.0%
10Y+246.0%
3Y+634.0%
5Y+634.0%
10Y+634.0%
3Y+312.0%
5Y+312.0%
10Y+312.0%
M

MBX Biosciences, Inc. Common Stock Cash Conversion Engine

MBX ยท NASDAQ
Net Income-86.97M
Depreciation & Amortization-3.61M
Stock-Based Compensation8.68M
Change in Working Capital1.57M
Others381.00K
Capital Expenditures-1.93M
Free Cash Flow-81.88M

Cash Flow Quality Analysis

FCF Conversion Rate

94.1%

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

CapEx Intensity

-2.4%

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

FCF Growth Trend

-47.4%

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

Working Capital Impact

+$1.57M

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

MBX Biosciences, Inc. Common Stock Cash Flow Statement

MBX โ€ข NASDAQ

MBX Biosciences, Inc. Common Stock Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022
OPERATING ACTIVITIES
-87M
-61.9M
-32.6M
-26.1M
-3.6M
244K
157K
56K
8.7M
5.2M
2M
306K
381K
-2.8M
-880K
1.4M
1.6M
4.6M
-735K
1.3M
-79.9M
-54.7M
-32M
-23.1M
INVESTING ACTIVITIES
-1.9M
-874K
-129K
-441K
-358.1M
-239.5M
-63.8M
-20.2M
267.9M
79.8M
33M
9.3M
8.5M
0.0
0.0
0.0
-83.7M
-160.6M
-30.9M
-11.4M
FINANCING ACTIVITIES
189.6M
174.5M
0.0
0.0
0.0
0.0
0.0
10M
0.0
-3.9M
709K
-428K
189.6M
234.1M
69.2M
46.1M
CASH FLOW SUMMARY
25.9M
18.8M
6.3M
11.5M
49.4M
30.5M
24.2M
12.7M
75.3M
49.4M
30.5M
24.2M
-81.9M
-55.6M
-32.1M
-23.6M

SEC Filings

MBX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 22, 2026
April 22, 2026
2026
10-K

10-K 2025 FY

FY

March 12, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 12, 2026
March 12, 2026
2026
8-K

8-K 2026

N/A

March 09, 2026
March 09, 2026
2026
8-K

8-K 2026

N/A

February 27, 2026
February 24, 2026
2026
8-K

8-K 2026

N/A

February 05, 2026
February 04, 2026
2026
8-K

8-K 2026

N/A

January 22, 2026
January 20, 2026
2026
Showing 1 to 10 of 36 filings