Crinetics Pharmaceuticals, Inc., a clinical stage pharmaceutical company, focuses on the discovery, development, and commercialization of therapeutics for rare endocrine diseases and endocrine-related tumors. Its lead product candidate is Paltusotine, an oral selective nonpeptide somatostatin receptor type 2 agonist that has completed phase III clinical trial for the treatment of acromegaly, as well as completed phase II clinical trial to treat carcinoid syndrome and nonfunctional neuroendocrine tumors (NETs). The company is also developing CRN04777, an oral selective nonpeptide somatostatin type 5 receptor agonist, which is in phase I clinical trial for the treatment of congenital hyperinsulinism; and CRN04894, an oral adrenocorticotrophic hormone antagonist that is in phase I clinical trial for the treatment of Cushing's and congenital adrenal hyperplasia diseases. Crinetics Pharmaceuticals, Inc. was incorporated in 2008 and is headquartered in San Diego, California.
Revenue of Crinetics Pharmaceuticals, Inc. (CRNX)
Revenue in 2023 (TTM): $4.01 M
According to Crinetics Pharmaceuticals, Inc.'s latest financial reports the company's current revenue (TTM) is $4.01 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Crinetics Pharmaceuticals, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $4.01 M | $2.92 M | $-221,510,000 | $-214,529,000 | $-214,529,000 |
| 2022 | $4.74 M | $3.35 M | $-167,882,000 | $-163,918,000 | $-159,954,000 |
| 2021 | $1.08 M | $-184,000 | $-107,702,000 | $-107,641,000 | $-106,719,000 |
| 2020 | $71 K | $-56,927,000 | $-74,953,000 | $-73,812,000 | $-72,864,000 |
| 2019 | $1.19 M | $80 K | $-53,832,000 | $-50,422,000 | $-49,535,000 |
| 2018 | $2.43 M | $-22,051,000 | $-28,710,000 | $-27,115,000 | $-27,115,000 |
| 2017 | $2.05 M | $-7,188,000 | $-9,021,000 | $-9,157,000 | $-9,157,000 |
| 2016 | $589 K | $-4,511,000 | $-5,916,000 | $-6,019,000 | $-6,019,000 |