COGT

Cogent Biosciences, Inc.

Ticker: COGTHealthcarePharmaceutical Preparations
HQ WALTHAM, MACIK 1622229FY end 12-31Book / share $3.20Shares 167M
Revenue (FY)
Op. margin
0.00%
Net income
$-328.94M-28.56%
TTM $-377.18M
Operating cash
$-264.44M-27.26%
TTM $-307.55M
Free cash flow
$-266.00M-27.66%
TTM $-309.24M
Return on equity
-51.69%+48.14%
TTM -70.85%
Debt / equity
0.35
TTM 0.42
Shares outstanding
128.9M+24.11%
TTM 166.6M

The business

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.

Sector
Healthcare
Industry
Pharmaceutical Preparations
HQ
WALTHAM, MA
FY end
12-31
CIK
1622229
SIC
2834
Financial performance · annual
20182025
$-417.15M$-297.24M$-177.34M$-57.44M$62.47M20182019202020212022202320242025TTMTTM

Ownership

Who holds Cogent Biosciences, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

352
funds hold it
0 of 35
superinvestors hold it
$2.79B
fund-held value
43.2%
of shares held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%$199.57M
iShares Russell 2000 ETF
IWM · iShares Trust
0.20%$165.63M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.08%$144.12M
State Street(R) SPDR(R) S&P(R) Biotech ETF
XBI · SPDR SERIES TRUST
1.14%$122.79M
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.13%$91.26M

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.

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