Stocks · Healthcare · Biotechnology

Krystal Biotech, Inc. KRYS

$322.28 -0.93% Close, Oct 2, 2026 · NASDAQ · Market cap $9.50B

High qualityLow risk

Next earnings report: Nov 2, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $7.98, up 62.2% year over year.
  2. Over the past year the stock returned +79.4%, ahead of the S&P 500 by 64.4 percentage points.
  3. Earnings beat analyst estimates in each of the last 5 quarters (average surprise over the last four: +43.5%).

PromtFinance scores

Each score is a percentile within the Healthcare sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth72Positive

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 31%
  • EPS growth (TTM, YoY)Top 23%
  • FCF growth (TTM, YoY)Top 34%
  • Revenue growth accelerationBottom 34%
Quality92Exceptional

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 9%
  • Gross marginTop 15%
  • Operating marginTop 2%
  • Cash conversion (OCF / net income)Bottom 27%
  • Accruals (lower is better)Bottom 25%
  • Net debt / EBITDA (lower is better)Top 14%
Value63Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 22%
  • Free-cash-flow yieldTop 27%
  • EBITDA / enterprise valueTop 31%
  • Sales / enterprise valueBottom 20%
  • P/E vs own 5-year history (lower is better)Top 50%
Momentum79Positive

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 16%
  • 6-month returnTop 36%
  • 1-year return vs S&P 500Top 19%
  • Distance from 52-week highTop 24%
  • Trend checklist (0–4)Top 39%
Revisions94Exceptional

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 14%
  • Consecutive EPS beatsTop 15%
  • Share of analysts rating BuyTop 10%
  • Upside to consensus price targetBottom 28%
Stability96Exceptional

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 26%
  • Maximum drawdown, 3 yearsTop 16%
  • Beta vs S&P 500 (lower is better)Top 19%
  • Net debt / EBITDA (lower is better)Top 14%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)25.1%22.6%↓
EPS growth (YoY)79.8%62.2%↓
Gross margin93.4%93.3%↓
Operating margin38.8%44.9%↑
FCF margin51.6%58.5%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)22.6%25.1%↓Top 31%
EPS growth (TTM, YoY)62.2%79.8%↓Top 23%
Gross margin93.3%93.4%↓Top 15%
Operating margin44.9%38.8%↑Top 2%
Net margin54.8%40.8%↑—
Free-cash-flow margin58.5%51.6%↑—
Return on invested capital14.4%—Top 9%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.13×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-2.1%
Stock-based compensation / revenueA cost to shareholders through dilution.
9.4%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+1.8 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
-1.92×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
-0.25%
Shareholder yield
-0.25%
Share count change, 1 year
+3.1%
Share count change, 3-year CAGR
+4.8%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 3, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
5
Beats in the last 8 reports
7 of 8
Average EPS surprise, last 4
+43.5%
Average 2-day reaction, last 8
-1.9%
Positive 20 days after report
5 of 8

Analysts

Consensus price target
$395.20
Target vs current price
+22.6%
Analysts with a rating
17
Share rating Buy or Strong Buy
100%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 3, 2026+5.3%-8.4%-4.3%+3.0%—
May 4, 2026+26.2%+7.9%+14.9%+12.1%+36.6%
Feb 17, 2026+4.9%+4.1%-0.7%-9.5%+12.2%
Nov 3, 2025+137.5%+0.2%+0.2%+8.9%+41.4%
Aug 4, 2025+19.4%-14.0%-11.7%-5.9%+21.0%
May 6, 2025-13.0%-14.1%-14.1%-19.3%-5.2%
Feb 19, 2025+17.8%+12.4%+15.6%+20.3%-16.1%
Nov 4, 2024+1.1%-3.1%+13.2%+10.5%-9.4%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 3, 2026$1.79$1.70+5.3%$119.2M
May 4, 2026$1.83$1.45+26.2%$116.4M
Feb 17, 2026$1.70$1.62+4.9%$107.1M
Nov 3, 2025$2.66$1.12+137.5%$97.8M
Aug 4, 2025$1.29$1.08+19.4%$96.0M
May 6, 2025$1.20$1.38-13.0%$88.2M
Feb 19, 2025$1.52$1.29+17.8%$91.1M
Nov 4, 2024$0.91$0.90+1.1%$83.8M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)40.4×42.0×45thTop 22%
P/E (forward)42.4×———
EV / EBITDA41.6×——Top 31%
EV / Sales20.62×——Bottom 20%
Free-cash-flow yield2.71%——Top 27%
Earnings yield2.48%——Top 22%

P/E over the past five years

Range 27.4× – 96.5× since Mar 31, 2024. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+79.4%
Earnings per share growth (TTM)
+62.2%
Change in P/E multiple
+42.8%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
262
50-day average slope (20 days)
-2.1%
200-day average slope (20 days)
+4.1%
Distance from 50-day average
-5.9%
Distance from 200-day average
+6.9%
RSI (14)
36.6
Relative volume
1.52×

Risk and drawdowns

Volatility, 60 days (annualized)
42.8%
Volatility vs own 5-year history
32th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.58
Correlation with S&P 500
0.20
Current drawdown from 1-year high
-14.8%
Maximum drawdown, 3 years
-42.3%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Mar 1, 2021Nov 26, 2021-53.4%189 days1 days (Nov 29, 2021)
Nov 29, 2021May 11, 2022-44.5%113 days231 days (Apr 13, 2023)
Jul 26, 2024May 28, 2025-42.3%209 days125 days (Nov 24, 2025)
Jun 13, 2023Nov 9, 2023-26.3%104 days48 days (Jan 22, 2024)
Oct 12, 2020Nov 6, 2020-21.6%19 days15 days (Nov 30, 2020)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$9.50B
P/E (TTM)
40.4
EPS, diluted (TTM)
$7.98
Revenue (TTM)
$440.5M
52-week range
$178.61 – $382.54
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$0$0$50.7M$290.5M$389.1M
Gross profit$0$0$47.6M$270.5M$360.4M
Operating income-$68.3M-$145.2M-$109.7M$65.7M$161.3M
Net income-$69.6M-$140.0M$10.9M$89.2M$204.8M
EPS (diluted)-$3.13-$5.49$0.39$3.00$6.84
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$83.8M$91.1M$88.2M$96.0M$97.8M$107.1M$116.4M$119.2M
Net income$27.2M$45.5M$35.7M$38.3M$79.4M$51.4M$55.9M$54.8M
EPS (diluted)$0.91$1.52$1.20$1.29$2.66$1.70$1.83$1.79
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow-$47.9M-$100.6M-$88.8M$123.4M$200.9M
Capital expenditure-$68.3M-$53.0M-$11.8M-$4.2M-$12.0M
Free cash flow-$116.3M-$153.5M-$100.6M$119.2M$188.9M
Dividends paid$0$0$0$0$0
Net share buybacks$355.6M$36.0M$203.5M$32.4M$22.7M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$845.6M
Total assets
$1.50B
Total liabilities
$141.5M
Total debt
$8.9M
Net debt
-$418.9M
Shareholders’ equity
$1.36B

As of Jun 30, 2026 (filed Aug 3, 2026).

Short interest

Shares sold short
3,163,642
Days to cover
13.23
Change vs previous report
-5.5%

FINRA short interest, settlement date Sep 15, 2026.