Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.
Primary reporting period: 2025-12-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.
Who they are
VYNE Therapeutics Inc. is a pharmaceutical enterprise dedicated to discovering and advancing therapies for immune-mediated inflammatory conditions. Its development portfolio features FCD105, a topical foam formulation that has successfully finished Phase III clinical studies for the management of moderate-to-severe acne vulgaris. Another candidate in its pipeline is FMX114, a combination treatment incorporating tofacitinib, which is currently in early-stage clinical assessment, referred to as a Phase IIa preclinical trial, for addressing mild-to-moderate atopic dermatitis.
How they make money
VYNE Therapeutics is a clinical-stage biopharmaceutical company that does not currently generate commercial revenue. Its business model focuses on the research and development of small molecule bromodomain and extra-terminal domain (BET) inhibitors to treat chronic inflammatory and immune-mediated conditions, relying on capital raises and potential future licensing or partnership agreements to fund operations.
Products & services
The company is developing a pipeline of BET inhibitor product candidates, including VYN202, for the treatment of various immune-mediated diseases.
Brands & revenue mix
VYN202
Lead BET inhibitor product candidate currently in clinical development.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Customer categories were not separately identified in the reviewed source set.
Customer concentration
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
Contract Research Organizations (CROs) — The company utilizes various third-party contract research organizations to conduct clinical trials and non-clinical studies; specific supplier names are not disclosed.Source
Business relationships & partnerships
Tay Therapeutics Ltd. — The company holds exclusive worldwide rights to research, develop, and commercialize BET inhibitor products licensed from Tay Therapeutics Ltd.Source
Strengths
Exclusive worldwide rights to a library of BET inhibitor small moleculesSource
Risks
History of operating losses and accumulated deficitSource
Dependence on third-party clinical trial providers and regulatory approval successSource
Overall investment score · Quality, value, risk and opportunity
27
Poor
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
42
Weak
Financial Strength
65
Business Quality / Moat
13
Management
40
Growth Quality
73
Risk / Durability
0
Weak Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
38
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
44/100
Building Historical Record
Model Score 44/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
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WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
What we like
•Balance-sheet / debt profile scores strongly
What to watch
•Valuation is a weaker part of the current profile
•Revenue fundamentals are weak
•Asset quality is a weaker factor
Company-specific research
Questions worth answering for VYNE
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•Can VYNE maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
•How long can VYNE fund negative free cash flow using its current cash position before it may need more debt or new shares?
•How is VYNE likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
•What specifically needs to improve for VYNE to reach sustainable profitability?
•What future growth or profitability would be needed to justify VYNE's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
0–100 market signals
Calculating current signals…
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on VYNE.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Exclusive worldwide rights to a library of BET inhibitor small molecules.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Biotechnology industry.
−History of operating losses and accumulated deficit.
−Dependence on third-party clinical trial providers and regulatory approval success.
−Negative free cash flow may increase the need for outside financing and dilution.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
Click any score for full breakdown
Wall Street Score
Weak27/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Elite
100
Debt Cost—
Debt Reduction YoY100.0%
Debt / Equity0.00x
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Revenue
Poor
33
Revenue YoY67.5%
Revenue CAGR15.9%
Net Margin-4417.3%
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Asset
Poor
15
Asset Growth YoY-54.9%
Liquidation/Share$0.03
Net Assets/MCap0.00x
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Capital
Poor
1
Earnings Yield-221.2%
Buyback Yield0.2%
Debt Cost—
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Management
Weak
40
ROIC-795853.4%
ROE-151935.9%
ROA-139870.7%
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Moat
Poor
13
EPS Growth—
FCF/Share Growth—
Rev/Share Growth-46.0%
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Valuation
Poor
0
Intrinsic Value—
Value Reference—
MOS—
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Buffett
Weak
42
Revenue33
Moat13
Valuation0
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MOS
Poor
0
MOS %—
Value Reference—
Deep Discount Reference—
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Financial
Poor
27
Interest Coverage—
ROIC-795853.4%
FCF Yield-173.7%
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Master
Poor
24
Financial27
Valuation0
Debt100
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Resilience
Fair
60
Survival Years0.9 yrs
Current Ratio12.53x
FCF Margin-5811.2%
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Score Changes
4 historical score records available
Previous Score
27
Oct 1, 2026
Change
Unchanged
Current Score
27
Oct 26, 2026
Category Changes
Revenue0
Debt0
Assets0
Capital0
Management0
Moat0
Valuation0
Buffett0
VYNE score was unchanged.
Projected Score
Projected Score
33
Projected Change
+6.0 points
Preliminary comparable-period financial changes suggest improvement of approximately 6.0 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailable
Current Price
$28.56
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
$955K
$570K
$501K
$424K
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Cost of Revenue
$6K
$23K
$0.00
$0.00
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Gross Profit
$949K
$547K
$501K
$424K
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Research & Development
$28.3M
$19.2M
$30.9M
$16.3M
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SG&A Expenses
$19.2M
$11.1M
$13.2M
$13.4M
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Operating Expenses
$47.5M
$30.3M
$44.1M
$29.7M
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EBITDA
-$45.7M
-$26.7M
-$39.8M
-$27.9M
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····
····
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Operating Income
-$46.6M
-$29.7M
-$43.6M
-$29.3M
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Interest Expense
$0.00
$0.00
$0.00
$0.00
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Income Before Tax
-$42.7M
-$26.7M
-$39.8M
-$27.9M
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Income Tax Expense
$8K
$4K
$4K
$0.00
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Net Income
-$42.2M
-$26.5M
-$39.8M
-$28.5M
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Basic EPS
$-636.98
$-31.00
$-47.00
$-138.50
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Basic Shares
42.8K
855K
852K
205K
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Diluted Shares
42.8K
855K
852K
205K
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Upgrade to Premium for up to 10 annual periods, where available.
Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026
Revenue
$570000
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$619.29
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-100.0%
Cash Change
-99.9%
Margin Change
+3694.4 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Margins expanded
Debt reduced
What Weakened
Cash position declined
Potential Score Impact
Positive indicators included revenue growth, EPS growth, debt levels, net income margin. Pressure indicators included cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 726.1%. EPS increased 9427.5%. Cash declined 99.9%. Total debt declined 100.0%. Net income margin improved by 3694.4 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
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Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.