Beam Therapeutics Inc. income statement
In fiscal 2025, Beam Therapeutics Inc. reported revenue of $140m, up 120.0% on the year before, operating income of −$384m (a -274.6% margin) and net income of −$80.0m, or −$0.81 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 52 | 61 | 378 | 64 | 140 | 147 |
| Research and development | 55 | 103 | 387 | 312 | 437 | 368 | 410 | 409 |
| General and administrative | 21 | 30 | 57 | 88 | 117 | 112 | 114 | 130 |
| Operating income | −75 | −133 | −392 | −338 | −176 | −416 | −384 | −393 |
| Income before tax | — | −195 | −371 | −260 | −131 | −377 | −80 | — |
| Income tax | 0 | 0 | 0 | 3 | 1 | 0 | 0 | 0 |
| Net income | −78 | −195 | −371 | −289 | −133 | −377 | −80 | −108 |
| Diluted EPS | −$14.05 | −$4.19 | −$5.77 | −$4.13 | −$1.72 | −$4.58 | −$0.81 | −$1.04 |
| Diluted shares (average) | 6m | 47m | 64m | 70m | 77m | 82m | 99m | 104m |
| EBITDA | −72 | −128 | −385 | −324 | −156 | −394 | −361 | −370 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30 | 7 | 8 | 10 | 114 | 32 | 0 | 0 |
| Research and development | 101 | 99 | 102 | 110 | 99 | 105 | 95 | 110 |
| General and administrative | 29 | 28 | 27 | 27 | 32 | 34 | 32 | 32 |
| Operating income | −100 | −119 | −120 | −127 | −17 | −107 | −127 | −141 |
| Income before tax | −90 | — | −102 | −113 | 244 | — | — | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −90 | −108 | −102 | −113 | 243 | −94 | −123 | −134 |
| Diluted EPS | −$1.09 | −$1.23 | −$1.00 | −$1.10 | $2.50 | −$0.91 | −$1.18 | −$1.28 |
| EBITDA | −95 | −114 | −115 | −121 | −12 | −102 | −121 | −136 |
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