10-Q quarterly report · filed Nov 5, 2025

Dyne Therapeutics, Inc. (DYN) Q3 2025 10-Q Quarterly Report

Short answer

Dyne Therapeutics, Inc. (DYN) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025.

Q3 2025 key financials · XBRL

Net income
−$108M
−11.2% YoY · +2.5% QoQ
EPS (diluted)
−$0.72
+26.5% YoY · +25.8% QoQ

Source: XBRL data from the Dyne Therapeutics, Inc. (DYN) Q3 2025 10-Q on SEC EDGAR. USD.

Dyne Therapeutics, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $0, unchanged YoY, with no product sales
  • Operating loss $113.9M vs $105.7M YoY; operating margin not applicable
  • Research and development expense $97.2M vs $92.8M YoY
  • Cash resources expected to fund operations into third quarter 2027
  • Registrational expansion cohort enrollment planned for early second quarter 2026; Phase 3 z-basivarsen trial planned first quarter 2026

Risk Factors

  • Net losses $334.3 million for nine months ended September 30, 2025, versus $227.9 million in 2024
  • Cash resources $791.9 million, expected to fund operations into third quarter 2027 under stated assumptions
  • Hercules Loan Agreement added $100.0 million initial borrowing and up to $175.0 million additional, subject to milestones and approval
  • Minimum Cash Covenant begins April 1, 2026, initially requiring cash equal to 60% of outstanding obligations
  • FDA clinical-development risk: prior z-rostudirsen IND clinical hold required additional clinical and non-clinical information

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Dyne Therapeutics, Inc. quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.