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MARKETS / NASDAQ / KRYS
NASDAQ · BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) · LARGE CAP

Krystal Biotech, Inc. KRYS

10 fiscal years on record · USD · FY2025 reported · SEC filings only
$389.1M
▲ 33.9% YoY
$204.8M
▲ 129.7% YoY
$188.9M
▲ 58.5% YoY
In brief

What this company does

Krystal Biotech, Inc. is a commercial-stage biotechnology company that discovers, develops, manufactures and commercializes genetic medicines to treat diseases with high unmet medical needs. Its first commercial product, VYJUVEK, is approved in the United States, the European Union, and Japan for the treatment of dystrophic epidermolysis bullosa, and the company launched VYJUVEK in the United States in 2023 and started launching it in Europe and Japan in 2025. The company's technology platform is supported by two in-house, commercial-scale Current Good Manufacturing Practice manufacturing facilities. As of February 11, 2026, the company had 295 full-time employees. Its principal offices are located at 2100 Wharton Street, Suite 701, Pittsburgh, PA 15203. In April 2019, the company incorporated Jeune Aesthetics, Inc., a wholly-owned subsidiary, for the purpose of undertaking preclinical and clinical studies for aesthetic skin conditions. The company commenced operations in April 2016 and converted from a California limited liability company to a Delaware C-corporation in March 2017, changing its name from Krystal Biotech LLC to Krystal Biotech, Inc.

Written from the business description in Krystal Biotech, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.

Growth
USD 389.1M
Revenue, FY2025 · full 10-year series below
Revenue $M Net income $M
FY2025 · Revenue 389.1 · Net income 204.8
200M-50M-100M2016201720182019202020212022202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
53 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 41.5% · Net 52.6%
20%40%-100%-200%2016201720182019202020212022202320242025
ROE
FY2025 · ROE 18.9%
-100%-200%-300%2016201720182019202020212022202320242025

Each USD of equity produced 19 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 188.9
80M160M-80M2016201720182019202020212022202320242025

Total assetsUSD 1.3B
EquityUSD 1.2B
CashUSD 496.3M
Current ratio9.95×

Equity funds 91% of total assets.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016
Revenue $B0.40.30.10.00.0·····
Operating income $B0.20.1−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0
EBITDA $B0.20.1−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0
Income tax $B−0.00.00.00.00.00.00.00.00.0·
Net income $B0.20.10.0−0.1−0.1−0.0−0.0−0.0−0.0−0.0
Free cash flow $B0.20.1−0.1−0.2−0.1−0.0−0.0−0.0−0.0−0.0
EPS, diluted $6.843.000.39−5.49−3.13−1.71−1.20−0.97−1.48−1.31
Dividend / sh $··········
Payout %··········
ROE %18.910.31.7−25.1−15.7−13.0−12.1−13.4−31.8−397.9
Shares out B0.030.030.030.030.030.020.020.010.010.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 40 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 36 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityBiological Products, (No Diagnostic Substances)
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2016

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