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Companies / Health Care / Janux Therapeutics, Inc.
JANX

Janux Therapeutics, Inc.

Health CarePharmaceutical Preparations
Ticker JANXSAN DIEGO, CAFiscal year ends DecemberBook value per share $14.49Diluted shares 62.9M

Janux Therapeutics (Nasdaq: JANX) is a clinical-stage biopharmaceutical company developing immunotherapies for cancer and autoimmune diseases. Its proprietary platforms include TRACTr, which creates tumor-activated T cell engagers that direct T cells to attack tumor cells; TRACIr, which develops tumor-activated… From the company’s description.

Over the twelve months to Sep 30, 2026, Janux Therapeutics, Inc. reported revenue of $23.29M, up 132.9% from a year earlier, and a net loss of $99.85M. Its operating margin was −599.3%, and operations used $53.58M in cash. In fiscal 2025, it reported revenue of $10.00M, down 5.6% from fiscal 2024, and a net loss of $113.63M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$10.00MFY2025
−5.6% year over year
Last 12 mo $23.29M
-1576.67%FY2025
−643.1 percentage points
Last 12 mo -599.26%
$-113.63MFY2025
−64.7% year over year
Last 12 mo $-99.85M
-11.88%FY2025
−5.1 percentage points
Last 12 mo -10.95%
Cash & financing
$-82.23MFY2025
−87.7% year over year
Last 12 mo $-53.58M
$-83.28MFY2025
−88.5% year over year
Last 12 mo $-54.16M
—
62.0MFY2025
+15.3% year over year
Last 12 mo 62.9M

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 Janux Therapeutics, Inc. does

In the company’s own words

Janux Therapeutics (Nasdaq: JANX) is a clinical-stage biopharmaceutical company developing immunotherapies for cancer and autoimmune diseases. Its proprietary platforms include TRACTr, which creates tumor-activated T cell engagers that direct T cells to attack tumor cells; TRACIr, which develops tumor-activated immunomodulators using CD28 costimulation; and ARM, which designs bispecific therapies intended to deplete target cells and reset immune responses. The lead clinical programs are JANX007, a PSMA-targeting candidate for metastatic castration-resistant prostate cancer, and JANX008, an EGFR-targeting candidate for solid tumors; JANX011, a CD19-targeting ARM candidate, is being studied in healthy volunteers and is intended for autoimmune diseases. The company also pursues additional pipeline programs and collaborates with Merck and Bristol Myers Squibb on cancer-targeted therapies. Its TRACTr and TRACIr candidates use tumor-protease-cleavable masks and albumin-binding domains, while ARM programs are designed for controlled T-cell activation and target-cell depletion. Janux’s website is https://januxrx.com/.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
SAN DIEGO, CA
Fiscal year end
December
CIK
1817713
SIC
2834

Financial performance, year by year

Fiscal 2021–2025 · USD
$-127.32M$-86.24M$-45.17M$-4.09M$36.98M20212022202320242025Last 12 moLast 12 monthsLast 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 Janux Therapeutics, Inc. — and what changed

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

185
funds hold it
0 of 35
superinvestors hold it
$203.66M
held by funds, at market
22.2%
of shares held by funds

Largest fund holders · Janux Therapeutics, Inc.’s weight in each

0.28%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD STRATEGIC EQUITY FUND
VSEQX · VANGUARD HORIZON FUNDS
0.05%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

Put this business in context.

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