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Companies / Health Care / Cogent Biosciences, Inc.
COGT

Cogent Biosciences, Inc.

Health CarePharmaceutical Preparations
Ticker COGTWALTHAM, MAFiscal year ends DecemberBook value per share $3.20Diluted shares 166.6M

Cogent Biosciences, Inc. (NASDAQ: COGT) is a clinical-stage biotechnology company focused on developing precision therapies for genetically defined diseases. The company's approach centers on designing rational precision medicines that target the underlying genetic causes of disease to improve patient outcomes. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%FY2025
$-328.94MFY2025
−28.6% year over year
Last 12 mo $-377.18M
-51.69%FY2025
+48.1 percentage points
Last 12 mo -70.85%
Cash & financing
$-264.44MFY2025
−27.3% year over year
Last 12 mo $-307.55M
$-266.00MFY2025
−27.7% year over year
Last 12 mo $-309.24M
0.35FY2025
Last 12 mo 0.42
128.9MFY2025
+24.1% year over year
Last 12 mo 166.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Cogent Biosciences, Inc. does

In the company’s own words

Cogent Biosciences, Inc. (NASDAQ: COGT) is a clinical-stage biotechnology company focused on developing precision therapies for genetically defined diseases. The company's approach centers on designing rational precision medicines that target the underlying genetic causes of disease to improve patient outcomes.

The company's most advanced program is bezuclastinib, also known as CGT9486, a highly selective tyrosine kinase inhibitor designed to potently inhibit the KIT D816V mutation and other mutations in KIT exon 17. Bezuclastinib is being developed to treat patients with Systemic Mastocytosis, including both Non-Advanced Systemic Mastocytosis and Advanced Systemic Mastocytosis, as well as gastrointestinal stromal tumors. In 2025, Cogent reported positive top-line results from registrational trials in each of these indications and submitted its first New Drug Application for bezuclastinib in patients with Non-Advanced Systemic Mastocytosis in December 2025. The company expects to launch bezuclastinib commercially in the United States in the second half of 2026, pending regulatory approval.

Beyond bezuclastinib, Cogent is building a pipeline of additional precision therapies. The company has an ongoing Phase 1 study of CGT4859, a novel FGFR2/3 inhibitor, and initiated a Phase 1 study of CGT4255, a CNS-penetrant, selective mutant ErbB2 inhibitor. The company is also developing CGT6297, a PI3Kα inhibitor, with Phase 1 initiation expected in the first quarter of 2026. The Cogent Research Team, based in Boulder, Colorado, is advancing preclinical programs targeting KRAS and JAK2 mutations, with plans to submit investigational new drug applications for these programs in 2026.

Cogent has assembled a management team with extensive experience in research, development, manufacturing, and commercialization of pharmaceutical products, particularly precision medicines for genetically defined diseases. The company is building an internal commercial organization to support the anticipated launch of bezuclastinib. More information about the company is available at www.cogentbio.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
WALTHAM, MA
Fiscal year end
December
CIK
1622229
SIC
2834

Financial performance, year by year

Fiscal 2018–2025 · USD
$-417.15M$-297.24M$-177.34M$-57.44M$62.47M20182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Cogent Biosciences, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

352
funds hold it
0 of 35
superinvestors hold it
$2.79B
held by funds, at market
43.2%
of shares held by funds

Largest fund holders · Cogent Biosciences, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.20%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.08%of fund net assets
1.14%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.13%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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