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CHRS Stock Analysis - Coherus Oncology, Inc. AI Rating

CHRS Nasdaq Biological Products, (No Diagnostic Substances) DE CIK: 0001512762
Recently Updated • Analysis: Mar 22, 2026 • SEC Data: 2025-12-31
AI Rating
SELL
85% Confidence

📊 CHRS Key Takeaways

Revenue: $42.2M
Net Margin: 398.4%
Free Cash Flow: $-138.8M
Current Ratio: 1.47x
Debt/Equity: 1.21x
EPS: $1.43
AI Rating: SELL with 85% confidence

Investment Thesis

Coherus Oncology exhibits severe operational distress with massive negative operating margins (-429.5%) and substantial operating cash burn (-$138.5M) that cannot be sustained despite modest revenue growth of 59.8% YoY. The company's positive net income and ROE metrics are likely distorted by non-cash items or significant one-time gains that mask underlying operational deterioration, indicating fundamental business performance remains deeply negative.

CHRS Strengths

  • + Strong revenue growth of 59.8% year-over-year demonstrates market demand for products
  • + Positive gross margin of 275.2% suggests strong pricing power on products sold
  • + Adequate liquidity with $88.9M cash and 1.47x current ratio provides near-term runway

CHRS Risks

  • ! Severe operating losses of $181.1M with negative operating margin of -429.5% indicating unsustainable business model
  • ! Massive negative operating cash flow of -$138.5M and negative free cash flow of -$138.8M will deplete cash reserves quickly
  • ! Debt/Equity ratio of 1.21x with negative interest coverage ratio of -20.1x indicates inability to service debt from operations, creating financial distress risk
  • ! Disconnect between reported positive net income ($168.0M) and negative operating cash flow suggests reliance on non-recurring items or accounting adjustments rather than genuine profitability

Key Metrics to Watch

CHRS Financial Metrics

Revenue
$42.2M
Net Income
$168.0M
EPS (Diluted)
$1.43
Free Cash Flow
$-138.8M
Total Assets
$258.3M
Cash Position
$88.9M

💡 AI Analyst Insight

Coherus Oncology, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CHRS Profitability Ratios

Gross Margin 275.2%
Operating Margin -429.5%
Net Margin 398.4%
ROE 275.4%
ROA 65.0%
FCF Margin -329.1%

CHRS vs Healthcare Sector

How Coherus Oncology, Inc. compares to Healthcare sector averages

Net Margin
CHRS 398.4%
vs
Sector Avg 12.0%
CHRS Sector
ROE
CHRS 275.4%
vs
Sector Avg 15.0%
CHRS Sector
Current Ratio
CHRS 1.5x
vs
Sector Avg 2.0x
CHRS Sector
Debt/Equity
CHRS 1.2x
vs
Sector Avg 0.6x
CHRS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

CHRS Balance Sheet & Liquidity

Current Ratio
1.47x
Quick Ratio
1.45x
Debt/Equity
1.21x
Debt/Assets
76.4%
Interest Coverage
-20.12x
Long-term Debt
$73.7M

CHRS 5-Year Financial Trend

CHRS 5-year financial data: Year 2021: Revenue $475.8M, Net Income $89.8M, EPS $1.23. Year 2022: Revenue $475.8M, Net Income $132.2M, EPS $1.62. Year 2023: Revenue $326.6M, Net Income -$287.1M, EPS $-3.81. Year 2024: Revenue $267.0M, Net Income -$291.8M, EPS $-3.76. Year 2025: Revenue $42.2M, Net Income $28.5M, EPS $0.25.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Coherus Oncology, Inc.'s revenue has declined by 91% over the 5-year period, indicating business contraction. The most recent EPS of $0.25 reflects profitable operations.

CHRS Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-329.1%
Free cash flow / Revenue

CHRS Quarterly Performance

Quarterly financial performance data for Coherus Oncology, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $6.1M -$10.8M $-0.09
Q2 2025 $10.3M -$12.9M $-0.11
Q1 2025 $2.3M -$56.6M $-0.49
Q3 2024 $70.8M -$10.8M $-0.09
Q2 2024 $58.7M -$12.9M $-0.11
Q1 2024 $32.4M -$75.7M $0.83
Q3 2023 $45.4M -$39.6M $-0.41
Q2 2023 $58.7M -$42.9M $-0.49

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

CHRS Capital Allocation

Operating Cash Flow
-$138.5M
Cash generated from operations
Stock Buybacks
$2.0K
Shares repurchased (TTM)
Capital Expenditures
$286.0K
Investment in assets
Dividends
None
No dividend program

CHRS SEC Filings

Access official SEC EDGAR filings for Coherus Oncology, Inc. (CIK: 0001512762)

📋 Recent SEC Filings

Date Form Document Action
Mar 9, 2026 10-K chrs-20251231x10k.htm View →
Mar 9, 2026 8-K chrs-20260309x8k.htm View →
Feb 17, 2026 8-K chrs-20260212x8k.htm View →
Feb 4, 2026 8-K chrs-20260204x8k.htm View →
Jan 26, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about CHRS

What is the AI rating for CHRS?

Coherus Oncology, Inc. (CHRS) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are CHRS's key strengths?

Strong revenue growth of 59.8% year-over-year demonstrates market demand for products. Positive gross margin of 275.2% suggests strong pricing power on products sold.

What are the risks of investing in CHRS?

Severe operating losses of $181.1M with negative operating margin of -429.5% indicating unsustainable business model. Massive negative operating cash flow of -$138.5M and negative free cash flow of -$138.8M will deplete cash reserves quickly.

What is CHRS's revenue and growth?

Coherus Oncology, Inc. reported revenue of $42.2M.

Does CHRS pay dividends?

Coherus Oncology, Inc. does not currently pay dividends.

Where can I find CHRS SEC filings?

Official SEC filings for Coherus Oncology, Inc. (CIK: 0001512762) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CHRS's EPS?

Coherus Oncology, Inc. has a diluted EPS of $1.43.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 22, 2026 | Data as of: 2025-12-31 | Powered by Claude AI