APLM · NASDAQ · Biotechnology

Apollomics (APLM)

Develops vebreltinib and other oncology candidates through global trials and territorial partnerships.

$27.35
At close+0.41 (+1.52%)
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Apollomics, Inc.APLMHealth Care

Develops oncology drug candidates, led by the c-MET inhibitor vebreltinib, and earns demonstrated revenue through territorial licensing. Its international clinical program and partner-led China approvals rely on external research, manufacturing, and regional-development relationships.

Develops oncology candidates aimed at tumor-driving molecular pathways and immune mechanisms, with vebreltinib, an oral selective CNS-penetrant c-MET inhibitor, as the lead asset. The current program prioritizes MET-amplified non-small cell lung cancer while evaluating other MET-altered solid tumors through the multi-country SPARTA study.

The remaining portfolio pairs APL-102, a multiple tyrosine kinase inhibitor, with immuno-oncology candidates APL-501, an anti-PD-1 antibody; APL-502, an anti-PD-L1 antibody; and APL-801, an anti-PD-L1/anti-CD40 bispecific antibody. Partner-led development has produced China approvals for vebreltinib and APL-502, while Apollomics retains defined ex-China rights.

Revenue has come from territorial licensing rather than sales of a marketed drug. Clinical operations span North America, Europe, and Asia-Pacific, supported by a streamlined team across Foster City, Taipei, and Hangzhou; the business uses CROs, manufacturers, and regional partners rather than an owned commercial infrastructure.

Company facts

CEOHung-Wen (Howard) Chen
ListedMar 30, 2023
ExchangeNASDAQ
HeadquartersFoster City, CA
CountryUnited States
Employees14
CIK0001944885
ISINKYG0411D1236

Market cap$60.1M
EPS (ttm)−$25.98
P/E (ttm)−1.05
ROE288.4%
P/B−3.61
P/S7.07
Dividend yieldDiv yield
Beta0.89vs XLV −0.07

No analyst consensus on record.

Next report
Sep 24, 2026
in 21 days
EPS estimate
Revenue estimate
Fiscal quarter
Q1 FY26

EPSReportedEstimate

Jun '22Apr '23Sep '23Mar '24Dec '24Jun '25Mar '26Sep '26
Reported−$25.45−$273.51−$255.41−$24.39−$16.92−$11.37$3.80Pending
Estimate−$0.16−$0.16
Surprise−159,533.5%−15,143.3%

RevenueReportedEstimate

Jun '22Apr '23Sep '23Mar '24Dec '24Jun '25Mar '26Sep '26
Reported$595.0K−$272.0K$488.0K$333.0K−$1.6M$8.5MPending
Estimate
Surprise
Estimate
ReportedDue Sep 24, 2026
Estimate
ReportedDue Sep 24, 2026
View details

Current ratio95.70%

ProfitabilityRevenueNet incomeNet margin

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Revenue$595.0K−$272.0K$488.0K$333.0K$1.8M−$1.6M$8.5M$0
Net income−$3.4M−$237.4M−$150.7M−$21.9M−$35.2M−$18.7M−$12.5M$1.6M
Net margin0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Operating income−$22.5M−$22.6M−$25.7M−$28.3M−$25.3M−$16.8M−$10.6M$1.1M
YoY growth

Balance sheet, Dec 31, 2025Cash & short-term investments $3.3M · Total debt $643.0K · Total assets $6.7M · Shareholders' equity −$3.2M

Revenue
$0
Operating income
$1.1M
Net income
$1.6M
View details

No dividends on record.

Institutions4 holders · as of Mar 31, 20260.03%590 shares
Insiders8 holders · as of Aug 24, 202674.81%1.64M shares
Otherremainder25.16%552.6K shares

2.20M company shares as of Aug 22, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Hung-Wen ChenInsiderdirector, officer: Chief Executive Officer
65.94%1.45MForm 4filed Aug 17, 2026
Yi-Kuei Chen1Insiderdirector, officer: Chief Operating Officer
6.20%136,248Form 4filed Aug 17, 2026
Peter Kuan-How LinInsiderofficer: Chief Financial Officer
2.23%48,979Form 4filed Aug 17, 2026
Hong-Jung ChenInsiderdirector
0.16%3,620Form 4filed Jun 16, 2026
Yi-An ChuInsiderdirector
0.07%1,500Form 4filed Jun 16, 2026
See all 16
  1. Reported at 4.97% on Aug 14, 2026, under the 5% line, so no further filing is required.

Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 14, 2026Yi-Kuei Chendirector, officer: Chief Operating Officer+20,000$15.00
Aug 14, 2026Peter Kuan-How Linofficer: Chief Financial Officer+26,667$15.00
Aug 14, 2026Hung-Wen Chendirector, officer: Chief Executive Officer+536,667$14.07
View details

  • Novartis (ADR)

    Approved MET therapy in the same METex14 NSCLC setting.

  • AstraZeneca (ADR)

    Approved savolitinib contests MET-altered NSCLC in China.

  • Merck

    Keytruda is a leading approved PD-1 therapy in lung cancer.

  • HUTCHMED (ADR)

    China MET drug-development rival through savolitinib.

  • Bristol-Myers Squibb

    Opdivo is an established PD-1 treatment across NSCLC settings.

Compare

CompanyPriceChange
Apollomics$27.35+1.52%$60.1M7.1
Novartis (ADR)$162.45+0.01%$308.79B24.517.35.6+0.9%
AstraZeneca (ADR)$163.48+1.13%$250.67B24.315.24.1+6.4%
Merck$151.14−0.33%$374.52B121.317.65.6+5.1%
HUTCHMED (ADR)$13.22+9.80%$2.10B116.93.9+100.4%
Bristol-Myers Squibb$67.38−0.40%$138.21B14.910.62.8+5.7%
Median24.516.34.1+5.7%