Tectonic Therapeutic TECX
NASDAQ TECX
$23.34 -0.17 (-0.72%)
At close: Sep 29, 2026 · 4:00 PM EDT

Tectonic Therapeutic (TECX) Interest Expenses (2023 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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