Tectonic Therapeutic (TECX) Interest Expenses (2023 - 2026)
Tectonic Therapeutic's Interest Expenses came in at $6,000 for Q2 2026, down 64.7% from $17,000 a year earlier and down 25.0% from the prior quarter.
Tectonic Therapeutic (TECX) Interest Expenses (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tectonic Therapeutic reported Interest Expenses of $40,000, down 52.4% year-over-year; for FY2025, it was $63,000, down 41.1% from FY2024.
- Going back by year, Interest Expenses was $107,000 in FY2024 (-29.6%) and $152,000 in FY2023.
- The Q2 2026 figure represents the lowest quarterly Interest Expenses in data going back to Q2 2023.
- Year-over-year, Interest Expenses has declined for nine consecutive quarters, with an average decline of 44.3% over the last eight quarters.
- Over the past five years, the year-over-year decline in Interest Expenses ranged from 30.0% (Q2 2024) to 64.7% (Q2 2026).
- Business Quant data shows TECX's Interest Expenses at $8,000 (Q1 2026), $12,000 (Q4 2025) and $14,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 281.00 Mn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | - |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -462.00 Mn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -435.00 Mn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 673.00 Mn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 247.00 Mn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | - |
| 10 | Tectonic Therapeutic | 452.22 Mn | 452.22 Mn | - | 6,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6,000.00 |
| Mar 31, 2026 | 8,000.00 |
| Dec 31, 2025 | 12,000.00 |
| Sep 30, 2025 | 14,000.00 |
| Jun 30, 2025 | 17,000.00 |
| Mar 31, 2025 | 20,000.00 |
| Dec 31, 2024 | 22,000.00 |
| Sep 30, 2024 | 25,000.00 |
| Jun 30, 2024 | 28,000.00 |
| Mar 31, 2024 | 31,000.00 |
| Dec 31, 2023 | 34,000.00 |
| Sep 30, 2023 | 36,000.00 |
| Jun 30, 2023 | 40,000.00 |
Tectonic Therapeutic Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=TECX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "TECX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=TECX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();