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Silence Therapeutics plc (SLN)

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Silence Therapeutics plc (SLN) reported revenue of $0 for Q2 FY2026, the quarter ended 30 June 2026. Net income was -$12 million, and diluted earnings per share $-0.09. The figures are the company's own, from the 10-Q it filed with the SEC on 10 August 2026.

Revenue$0
Net income-$12 million
Diluted EPS$-0.09
QuarterQ2 FY2026ended 30 June 2026

Silence Therapeutics (SLN) in brief

Silence Therapeutics (SLN) reported revenue of $1 million for fiscal 2025, the year ended 31 December 2025, down 98.7% on the year before.
Read moreNet loss was $89 million and the diluted loss per share $0.63. Revenue was $43 million in fiscal 2024, $32 million in fiscal 2023 and $22 million in fiscal 2022. Net income in the same years was a loss of $45 million, a loss of $54 million and a loss of $50 million. Over the twelve months to 30 June 2026, Silence Therapeutics reported revenue of $1 million and net loss of $60 million. Silence Therapeutics had 142 million shares outstanding at the latest filed count. At 30 June 2026 it carried $0 million of debt and $72 million of cash. At the close of 27 October 2026 the market cap of Silence Therapeutics was $2.8 billion.

Ratios

From the filings

ROE-155.8%
ROCE-177.6%
Operating margin-11,106.8%
Net margin-9,748.5%
FCF margin-6,872.5%
Interest covern/a
Debt to equity0.00
Cash conversionn/a
Share count, last 12 months0.0%
Sales CAGR, 3 years-70.4%
Profit CAGR, 3 yearsn/a
EPS, TTMn/a

At the close of 27 October 2026

Price$19.79
Market cap$2.8 billion
Stock P/En/a
Price to book72.91
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales4,561.01
52-week high$19.79
52-week low$4.30
Price, 1 year177.2%
Price CAGR, 3 years40.6%
Price CAGR, 5 years-1.9%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Silence Therapeutics plc's balance sheet shows no borrowings, so debt here is nil; lease liabilities are a separate line. Nothing here is a valuation or a view.
SLNgreeksoup.ai
Daily prices to 27 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on SLN

Dividendsno dividend in its filings for fiscal 2022 onward
Filings24 in twelve months: 15 current reports (8-K), about 5 regulation FD disclosure; 4 other events; 4 results of operations; 4 officer or director change; 3 material agreement
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.2 by open interest at the 27 October 2026 close; the straddle prices a 1.3% move to 20 November 2026
13F holders72 funds reported a position for the quarter to 30 June 2026; largest Siren, L.L.C.
Insider trading0 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest2.9 million shares short, 2.30 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 10 quarters

Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue15.70.81.525.30.10.20.20.00.40.0
Cost of revenue2.83.33.62.00.10.10.10.00.00.0
Gross profit12.9-2.6-2.123.30.10.10.10.00.40.0
Gross margin82%-341%-143%92%62%62%60%65%97%n/a
R&D11.813.820.222.120.817.620.58.79.19.1
Operating income-5.6-23.4-30.0-4.4-28.4-24.0-26.2-12.5-15.7-13.9
Operating margin-36%-3094%-2002%-17%-20006%-10698%-16506%-36650%-3729%n/a
Pre-tax income-2.1-19.5-35.512.6-28.5-27.3-21.0-11.8-15.0-12.3
Tax raten/an/an/a3%n/an/an/an/an/an/a
Net income-2.3-19.8-35.512.3-28.5-27.4-21.0-11.8-15.0-12.3
Net margin-15%-2613%-2373%49%-20092%-12212%-13181%-34618%-3544%n/a
Diluted EPS-$0.02-$0.14-$0.25n/a-$0.20-$0.19-$0.15n/a-$0.11-$0.09
Operating cash flow-9.1-5.4-25.6-27.5-12.3-21.8-10.9-17.3-15.61.5
Capital expenditure0.00.10.10.10.00.00.00.00.00.0
Free cash flow-9.1-5.5-25.7-27.5-12.3-21.8-10.9-17.3-15.61.5
Shares outstanding142m142m142m142m142m142m142m142m142m142m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 4 fiscal years and the trailing twelve months

FY2022FY2023FY2024FY2025TTM
Revenue21.731.643.30.60.6
Cost of revenue13.512.911.80.20.1
Gross profit8.218.831.40.30.5
Gross margin37.8%59.3%72.7%61.5%85.9%
Research and development43.556.967.967.847.6
Operating income-61.0-64.4-63.3-91.1-68.3
Operating margin-281.9%-203.5%-146.4%-16292.8%-11106.8%
Pre-tax income-49.6-53.3-44.5-88.6-60.0
Income tax0.71.00.80.00.0
Net income-50.3-54.2-45.3-88.6-60.0
Net margin-232.4%-171.4%-104.7%-15851.9%-9748.5%
Diluted EPS-$0.52-$0.49-$0.33-$0.63n/a
Filing10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Revenue by product or service FY2024 to FY2025

FY2024FY2025Share
of the parts, latest year
Research Collaboration Income43.10.6100.0%
Royalty Income0.10.0n/a
Research Collaboration IncomeRoyalty Income
43.3FY20240.6FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region FY2023 to FY2024

FY2023FY2024Share
of the parts, latest year
United Kingdom30.943.199.7%
Germany0.70.10.3%
United KingdomGermany
31.6FY202343.3FY2024

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2022FY2023FY2024FY2025TTM
Operating cash flow-57.0-49.5-67.6-62.3-42.3
Capital expenditure0.20.10.20.10.0
Free cash flow-57.2-49.5-67.9-62.3-42.3
Free cash flow margin-264.2%-156.5%-156.9%-11149.6%-6872.5%
Cash from investing-20.519.3-22.0-48.072.9
Cash from financing52.631.91420.00.0
Depreciation0.40.40.30.30.3
Share-based compensation12.716.316.38.16.2
Diluted shares, weighted97m111m139m142m142m
Shares outstanding at period end108m119m142m142m142m
Filing10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity27.222.013462.338.5
Debtn/a0.00.00.00.0
Operating lease liabilitiesn/a0.10.00.10.0
Other liabilitiesn/a97.368.669.167.9
Total liabilities and equityn/a119203131106
Owned
Fixed assetsn/a1.91.81.61.3
Goodwill9.710.09.410.610.3
Intangible assetsn/an/a0.30.3n/a
Investmentsn/an/a26.073.80.0
Cash and equivalents66.368.812111.372.1
Receivablesn/a0.31.00.0n/a
Other assetsn/a38.542.833.822.7
Total assetsn/a119203131106
Filing10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/an/a-70.4%-97.7%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-151.9%-140.9%-142.2%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Silence Therapeutics' revenue in fiscal 2025?

Silence Therapeutics (SLN) reported revenue of $1 million for fiscal 2025, the year ended 31 December 2025, down 98.7% on the year before.

How much did Silence Therapeutics earn in fiscal 2025?

Net loss was $89 million for fiscal 2025, and the diluted loss per share $0.63.

What is Silence Therapeutics' market cap?

The market cap of Silence Therapeutics was $2.8 billion at the close of 27 October 2026.

How much debt does Silence Therapeutics have?

At 30 June 2026 Silence Therapeutics carried $0 million of debt and $72 million of cash.

Peers: Pharmaceutical Products

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TTM
Debt to equityDiv. yield
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Johnson & Johnson JNJ$646.9 billion40.7219.7%n/a7.8%0.552.0%
AbbVie Inc. ABBV$506.2 billion80.92n/a26.2%10.4%n/a2.4%
Merck & Co., Inc. MRK$349.9 billion113.467.6%n/a4.6%1.292.4%
Novartis AG NVS *$299.2 billion21.9330.3%n/a8.4%0.622.6%
AstraZeneca PLC AZN *$263.7 billion26.0021.0%23.4%8.6%0.571.9%
Abbott Laboratories ABT$178.5 billion33.3810.6%15.8%8.1%0.642.4%
Novo Nordisk A/S NVO *$172.7 billion11.2052.8%41.3%6.4%0.674.5%
Pfizer Inc. PFE$169.8 billion39.205.1%n/a-0.2%0.745.8%
Vertex Pharmaceuticals Inc. VRTX$132.0 billion30.3321.8%38.0%10.2%0.00n/a
Bristol-Myers Squibb Co. BMY$125.8 billion13.5641.6%24.2%3.1%1.934.1%
GSK plc GSK *$102.3 billion13.7334.9%24.3%4.1%1.083.3%
All 126 in Pharmaceutical Products
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TTM
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Eli Lilly & Co. LLY$1.21 trillion43.0278.8%n/a49.6%1.620.5%
Johnson & Johnson JNJ$646.9 billion40.7219.7%n/a7.8%0.552.0%
AbbVie Inc. ABBV$506.2 billion80.92n/a26.2%10.4%n/a2.4%
Merck & Co., Inc. MRK$349.9 billion113.467.6%n/a4.6%1.292.4%
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Immunome Inc. IMNM$2.1 billionn/a-48.4%n/an/a0.00n/a
Biocryst Pharmaceuticals Inc. BCRX$2.1 billionn/an/a-33.3%68.7%n/an/a
Zymeworks Inc. ZYME$2.1 billionn/a-186.6%-419.0%-69.8%0.00n/a
Trulieve Cannabis Corp. TRLV$2.1 billionn/a-61.8%-24.3%-3.9%0.38n/a
Septerna, Inc. SEPN$2.0 billionn/a-6.3%-44.0%13,520.1%0.00n/a
Sarepta Therapeutics, Inc. SRPT$2.0 billionn/a-8.9%-7.3%-20.4%0.55n/a
Vir Biotechnology, Inc. VIR$2.0 billionn/a-25.6%-92.4%1,495.9%0.00n/a
Xeris Biopharma Holdings, Inc. XERS$1.8 billionn/an/a10.9%36.3%n/an/a
Maze Therapeutics, Inc. MAZE$1.8 billionn/an/an/an/a0.09n/a
Zenas BioPharma, Inc. ZBIO$1.7 billionn/an/an/an/a1.20n/a
Intellia Therapeutics, Inc. NTLA$1.7 billionn/a-55.0%-711.7%12.6%0.00n/a
Schrodinger, Inc. SDGR$1.7 billionn/a-16.5%-59.2%8.9%0.00n/a
UroGen Pharma Ltd. URGN$1.7 billionn/an/a-35.3%100.3%n/an/a
Ultragenyx Pharmaceutical Inc. RARE$1.7 billionn/an/a-73.6%17.5%n/an/a
Novavax Inc. NVAX$1.7 billionn/an/a-56.6%-61.6%n/an/a
Immunocore Holdings plc IMCR$1.6 billionn/a-4.3%-5.2%21.0%0.940.0%
Stoke Therapeutics, Inc. STOK$1.6 billionn/a-60.2%-809.7%-86.2%0.00n/a
ANI Pharmaceuticals Inc. ANIP$1.6 billion15.1318.1%15.4%30.9%1.02n/a
Nuvation Bio Inc. NUVB$1.6 billionn/a-59.0%-81.0%1,083.6%0.98n/a
Phibro Animal Health Corp. PAHC$1.6 billion15.7825.9%12.8%17.1%1.911.3%
Innoviva, Inc. INVA$1.5 billion5.1129.0%36.9%18.8%0.210.0%
Pacira BioSciences, Inc. PCRX$1.4 billion104.002.2%2.7%5.7%0.54n/a
Amphastar Pharmaceuticals, Inc. AMPH$1.1 billion15.1310.2%15.7%1.0%0.79n/a
QuidelOrtho Corp. QDEL$928 millionn/a-59.1%-30.8%-2.5%1.63n/a
Collegium Pharmaceutical, Inc. COLL$748 million18.5615.4%19.5%14.3%3.50n/a
85 companies share its SEC industry code (Pharmaceutical Preparations); the rest are the names nearest in size in its wider industry, Pharmaceutical Products, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202610 August 2026EDGAR
10-Q31 March 20267 May 2026EDGAR
10-K31 December 20255 March 2026EDGAR
10-Q30 September 20256 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20258 May 2025EDGAR
10-K/A31 December 202430 April 2025EDGAR
10-K31 December 202427 February 2025EDGAR
20-F31 December 202313 March 2024EDGAR
20-F31 December 202215 March 2023EDGAR