TNXP Tonix Pharmaceuticals Holding Corp. - Common Stock

NASDAQ · Biotechnology · View on SEC EDGAR ↗
$13.79
Price · May 20, 2026
Fundamentals as of May 11, 2026

TNXP Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$13.79
Market Cap
$200M
P/E (TTM)
-1.1
EPS (TTM)
$-14.57
Revenue (TTM)
$13M
Div Yield
ROE
-60.0%
Debt/Equity
52W Range
$12 – $70

TNXP Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $13M
3-point trend, +68.7%
2023-12-31 2025-12-31
EPS $-14.57
5-point trend, -79.9%
2021-12-31 2025-12-31
Free Cash Flow $-103M
9-point trend, -439.5%
2017-12-31 2025-12-31
Margins -946.2%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
TNXP
Peer Median
P/E (TTM)
5-point trend, +100.0%
-1.1
2.4
P/S (TTM)
3-point trend, -99.8%
15.2
15.2
P/B
5-point trend, -100.0%
0.8
1.4
Price / FCF
5-point trend, +100.0%
-1.9

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
TNXP
Peer Median
Operating Margin
3-point trend, +37.1%
-959.1%
Net Profit Margin
3-point trend, +37.0%
-946.2%
-946.2%
ROA
5-point trend, -3.6%
-56.4%
-52.8%
ROE
5-point trend, -36.9%
-60.0%
-60.2%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
TNXP
Peer Median
Current Ratio
5-point trend, -14.7%
7.4
7.4
Quick Ratio
5-point trend, -15.7%
6.9

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
TNXP
Peer Median
Revenue YoY
3-point trend, +68.7%
29.8%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
TNXP
Peer Median
EPS (Diluted)
5-point trend, -79.9%
$-14.57

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
TNXP
Peer Median

TNXP Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 8 analysts
  • Strong Buy 2 25.0%
  • Buy 5 62.5%
  • Hold 1 12.5%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

4 analysts · 2026-05-18
Median target $49.00 +255.3%
Mean target $46.25 +235.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.25%
Period EPS Actual EPS Est Surprise
March 31, 2026 $-2.93 $-2.48 -0.45%
Dec. 31, 2025 $-3.98 $-3.25 -0.73%
Sept. 30, 2025 $-3.59 $-3.66 0.07%
June 30, 2025 $-3.86 $-3.28 -0.58%
March 31, 2025 $-2.84 $-3.29 0.45%

Peer Comparison Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
TNXP $200M -1.1 29.8% -946.2% -60.0%
ZNTL $93M -0.7 -49.5%
AVXL $771M -16.5 -36.1% -991.4% -47.7%
ALEC $172M -1.1 -79.1% -679.2% -280.7%
CHRS $172M 1.0 59.8% 398.4% 185.8%
CAMP $318M -2.3 436.5% -2298.5% -183.4%
TRDA $394M -3.0 -87.9% -565.5% -41.9%
CNTN $112M -2.7 -18.0%
FHTX $306M -4.6 36.8% -240.3% 80.2%
NERV $174M -0.1 339.5%
FATE $113M -0.9 -51.2% -2051.1% -58.2%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 14
Annual Income Statement data for TNXP
Metric Trend 202520242023
Revenue 3-point trend, +68.7% $13M $10M $8M
Cost of Revenue 3-point trend, +40.1% $7M $8M $5M
R&D Expense 3-point trend, -48.7% $44M $40M $87M
SG&A Expense 3-point trend, +152.3% $88M $40M $35M
Operating Expenses 3-point trend, +10.0% $139M $147M $126M
Operating Income 3-point trend, -6.2% $-126M $-137M $-118M
Interest Income 3-point trend, +140.8% $4M $22.0K $2M
Other Non-op 3-point trend, -291.3% $-3M $-867.0K $2M
Net Income 3-point trend, -6.3% $-124M $-130M $-117M
EPS (Basic) 3-point trend, +99.9% $-14.57 $-176.60 $-14720.25
EPS (Diluted) 3-point trend, +99.9% $-14.57 $-176.60 $-14720.25
Shares (Basic) 3-point trend, +107298.3% 8,511,318 736,339 7,925
Shares (Diluted) 3-point trend, +107298.3% 8,511,318 736,339 7,925
EBITDA 3-point trend, -8.5% $-124M $-133M $-114M
Balance Sheet 25
Annual Balance Sheet data for TNXP
Metric Trend 202520242023
Cash & Equivalents 3-point trend, +732.3% $208M $99M $25M
Receivables 2-point trend, +70.3% $6M $4M ·
Inventory 2-point trend, -38.4% · $8M $14M
Prepaid Expense 3-point trend, -2.5% $9M $8M $9M
Other Current Assets · · $2M
Current Assets 3-point trend, +379.1% $229M $119M $48M
PP&E (Net) 3-point trend, -52.7% $44M $42M $94M
PP&E (Gross) 3-point trend, -49.2% $50M $46M $99M
Accum. Depreciation 3-point trend, +12.3% $6M $4M $5M
Goodwill · · $965.0K
Intangibles 3-point trend, -98.8% $120.0K $120.0K $10M
Other Non-current Assets 3-point trend, +92.6% $2M $951.0K $1M
Total Assets 3-point trend, +79.4% $277M $163M $154M
Accounts Payable 3-point trend, +114.5% $8M $5M $4M
Current Liabilities 3-point trend, +63.3% $31M $18M $19M
Capital Leases 3-point trend, +87.3% $1M $358.0K $632.0K
Total Liabilities 3-point trend, -34.6% $32M $23M $49M
Long-term Debt 2-point trend, -21.4% · $9M $11M
Total Debt 2-point trend, -16.0% · $7M $9M
Common Stock 2-point trend, +225.0% $13.0K $4.0K ·
Retained Earnings 3-point trend, -42.3% $-855M $-731M $-601M
AOCI 3-point trend, -24.6% $-289.0K $-255.0K $-232.0K
Stockholders' Equity 3-point trend, +132.3% $245M $140M $106M
Liabilities + Equity 3-point trend, +79.4% $277M $163M $154M
Shares Outstanding 3-point trend, +61010.9% 12,788,069 4,385,929 20,926
Cash Flow 14
Annual Cash Flow data for TNXP
Metric Trend 202520242023
D&A 3-point trend, -55.1% $2M $3M $4M
Stock-based Comp 3-point trend, -35.1% $6M $5M $9M
Amort. of Intangibles 3-point trend, -100.0% $0 $500.0K $477.0K
Other Non-cash 3-point trend, +1390.8% $16M $61M $1M
Operating Cash Flow 3-point trend, +2.1% $-100M $-61M $-102M
CapEx 3-point trend, -57.3% $3M $120.0K $8M
Investing Cash Flow 3-point trend, +84.4% $-5M $-120.0K $-29M
Net Debt Issued 2-point trend, -310.6% $-10M $-2M ·
Stock Issued 3-point trend, +1156.3% $238M $140M $19M
Stock Repurchased 2-point trend, -1.5% $14M · $14M
Net Stock Activity 3-point trend, +4407.0% $224M $140M $5M
Financing Cash Flow 3-point trend, +487.5% $215M $135M $37M
Net Change in Cash 3-point trend, +216.4% $110M $74M $-95M
Free Cash Flow 3-point trend, +6.1% $-103M $-61M $-110M
Profitability 5
Annual Profitability data for TNXP
Metric Trend 202520242023
Operating Margin 3-point trend, +37.1% -959.1% -1354.3% -1523.9%
Net Margin 3-point trend, +37.0% -946.2% -1288.2% -1501.8%
EBITDA Margin 3-point trend, +35.7% -944.4% -1320.4% -1468.7%
ROA 3-point trend, +8.2% -56.4% -82.0% -61.4%
ROE 3-point trend, +41.7% -60.0% -121.7% -103.1%
Liquidity & Solvency 4
Annual Liquidity & Solvency data for TNXP
Metric Trend 202520242023
Current Ratio 3-point trend, +193.4% 7.4 6.5 2.5
Quick Ratio 3-point trend, +425.1% 6.9 5.6 1.3
Debt / Equity 2-point trend, -36.5% · 0.1 0.1
LT Debt / Equity 2-point trend, -46.3% · 0.0 0.1
Efficiency 3
Annual Efficiency data for TNXP
Metric Trend 202520242023
Asset Turnover 3-point trend, +45.7% 0.1 0.1 0.0
Inventory Turnover 2-point trend, +1.3% · 0.7 0.7
Receivables Turnover 2-point trend, -52.0% 2.6 5.5 ·
Per Share 5
Annual Per Share data for TNXP
Metric Trend 202520242023
Book Value / Share 3-point trend, +964.8% $19.17 $31.82 $1.80
Revenue / Share 3-point trend, +237.8% $1.54 $13.71 $0.46
Cash Flow / Share 3-point trend, -96.0% $-11.73 $-82.74 $-5.99
Cash / Share 3-point trend, +3715.0% $16.24 $22.52 $0.43
EPS (TTM) 3-point trend, +99.9% $-14.57 $-176.60 $-14720.25
Growth Rates 1
Annual Growth Rates data for TNXP
Metric Trend 202520242023
Revenue YoY 2-point trend, -0.3% 29.8% 29.9% ·
Valuation (TTM) 14
Annual Valuation (TTM) data for TNXP
Metric Trend 202520242023
Revenue TTM 3-point trend, +68.7% $13M $10M $8M
Net Income TTM 3-point trend, -6.3% $-124M $-130M $-117M
Market Cap 3-point trend, -99.7% $200M $145M $75.03B
Enterprise Value 2-point trend, -99.9% · $53M $75.01B
P/E 3-point trend, -1132.3% -1.1 -0.2 -0.1
P/S 3-point trend, -99.8% 15.2 14.3 9658.4
P/B 3-point trend, -99.9% 0.8 1.0 711.0
P / Tangible Book 3-point trend, -99.9% 0.8 1.0 791.3
P / Cash Flow 3-point trend, +99.7% -2.0 -2.4 -735.5
P / FCF 3-point trend, +99.7% -1.9 -2.4 -682.7
EV / EBITDA 2-point trend, +99.9% · -0.4 -657.5
EV / FCF 2-point trend, +99.9% · -0.9 -682.5
EV / Revenue 2-point trend, -99.9% · 5.3 9656.4
Earnings Yield 3-point trend, +91.9% -93.3% -535.1% -1150.0%

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $13M$10M$8M
Operating Margin % -959.1%-1354.3%-1523.9%
Net Income $-124M$-130M$-117M$-110M$-92M
Diluted EPS $-14.57$-176.60$-14720.25$-20.01$-8.10
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.10.1
Current Ratio 7.46.52.57.28.7
Quick Ratio 6.95.61.36.68.2
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $-103M$-61M$-110M$-146M$-111M

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