# Maze Therapeutics, Inc.: overview

MAZE · Nasdaq · CIK 1842295 · [Healthcare](/sectors/healthcare.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/maze.md) · [Financials](/companies/maze/financials.md) · [Filings](/companies/maze/filings.md) · [Insiders](/companies/maze/insiders.md)

Latest reported revenue: [$0](/filings/0001193125-26-344903.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 11, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-344903).

## Last eight quarters

| Line item | Unit | period not labelled (2024-09-30) | period not labelled (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2.5](/filings/0001193125-25-269689.md) | [0.0 d](/filings/0001193125-26-122778.md) | not reported | [0.0](/filings/0000950170-25-107306.md) | not reported | not reported | [20.0](/filings/0001193125-26-219430.md) | [0.0 d](/filings/0001193125-26-344903.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(969.2%)](/filings/0001193125-25-269689.md) | not reported | not reported | not reported | not reported | not reported | [(132.8%)](/filings/0001193125-26-219430.md) | not reported |
| Net margin | % | [(990.1%)](/filings/0001193125-25-269689.md) | not reported | not reported | not reported | not reported | not reported | [(121.0%)](/filings/0001193125-26-344903.md) | not reported |
| Diluted EPS | $ per share | [(10.25)](/filings/0001193125-25-269689.md) | not reported | [(1.15)](/filings/0001193125-26-219430.md) | [(0.77)](/filings/0001193125-26-344903.md) | [(0.66)](/filings/0001193125-25-269689.md) | not reported | [(0.45)](/filings/0001193125-26-219430.md) | [(0.76)](/filings/0001193125-26-344903.md) |
| Free cash flow | $m | [(23.3) d](/filings/0001193125-25-269689.md) | [(23.1) d](/filings/0001193125-26-122778.md) | [(29.8)](/filings/0001193125-26-219430.md) | [(30.4) d](/filings/0001193125-26-344903.md) | [(24.7) d](/filings/0001193125-25-269689.md) | [(27.8) d](/filings/0001193125-26-122778.md) | [(39.2)](/filings/0001193125-26-219430.md) | [(15.2) d](/filings/0001193125-26-344903.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: |
| Revenue | $m | [168](/filings/0001193125-26-122778.md) | not reported |
| Gross margin | % | not reported | not reported |
| Operating margin | % | [34.4%](/filings/0001193125-26-122778.md) | not reported |
| Net margin | % | [31.2%](/filings/0001193125-26-122778.md) | not reported |
| Diluted EPS | $ per share | [1.25](/filings/0001193125-26-122778.md) | [(3.05)](/filings/0001193125-26-122778.md) |
| Free cash flow | $m | [74.8](/filings/0001193125-26-122778.md) | [(113)](/filings/0001193125-26-122778.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/maze/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Frazier Life Sciences Management, L.P.](/funds/1892134.md) | 2026-06-30 | $150.2m | 5,032,915 |  | Added +465,641 |
| [TRV GP IV, LLC](/funds/1688325.md) | 2026-06-30 | $133.5m | 4,473,958 |  | Unchanged |
| [ARCH Venture Management, LLC](/funds/1274403.md) | 2026-06-30 | $123.0m | 4,120,053 |  | Unchanged |
| [Deep Track Capital, LP](/funds/1856083.md) | 2026-06-30 | $111.4m | 3,732,569 |  | Added +255,007 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $104.5m | 3,502,841 |  | Added +932,416 |
| [Jupiter Topco LLC](/funds/2146052.md) | 2026-06-30 | $101.8m | 3,408,045 |  | Not compared |
| [JANUS HENDERSON GROUP PLC](/funds/1274173.md) | 2026-03-31 | $85.3m | 2,858,876 |  | Not compared |
| [Logos Global Management LP](/funds/1792126.md) | 2026-06-30 | $57.7m | 1,935,000 |  | Added +700,000 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $53.1m | 1,778,222 |  | Added +342,566 |
| [a16z Capital Management, L.L.C.](/funds/1540358.md) | 2026-06-30 | $50.8m | 1,702,225 |  | Unchanged |

## Recent filings

[All 219 filings](/companies/maze/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-16 | 16:05 ET | [8-K](/filings/0001193125-26-424067.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001193125-26-424067 |
| 2026-08-17 | 16:16 ET | [8-K](/filings/0001193125-26-354092.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-354092 |
| 2026-08-11 | 16:48 ET | [10-Q](/filings/0001193125-26-344903.md) | Quarterly report, period 2026-06-30 | 0001193125-26-344903 |
| 2026-08-11 | 16:45 ET | [8-K](/filings/0001193125-26-344878.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-344878 |
| 2026-06-10 | 16:15 ET | [8-K](/filings/0001193125-26-265858.md) | 5.07 Shareholder vote results | 0001193125-26-265858 |
| 2026-05-22 | 17:24 ET | [8-K](/filings/0001193125-26-237199.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-237199 |
| 2026-05-12 | 16:11 ET | [10-Q](/filings/0001193125-26-219430.md) | Quarterly report, period 2026-03-31 | 0001193125-26-219430 |
| 2026-05-12 | 16:07 ET | [8-K](/filings/0001193125-26-219398.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-219398 |
| 2026-04-28 | 16:30 ET | [DEF 14A](/filings/0001140361-26-017463.md) | Proxy statement, period 2026-06-08 | 0001140361-26-017463 |
| 2026-04-22 | 16:56 ET | [8-K](/filings/0001193125-26-170701.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-170701 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-122778.md), filed Mar 25, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/d5c38a3e-ffab-42f6-95fc-02459cd100e9)

## About the filer

- CIK: 1842295
- Tickers: MAZE
- Exchange: Nasdaq
- SIC code: 2836 Biological Products, (No Diagnostic Substances)
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 16:22 ET. No prices; not investment advice.
