Where Celularity stands after its latest 10-Q
Revenue for the twelve months to June 2026 was $19m, down 58.1% on a year earlier, a smaller fall than the 62.8% decline a quarter earlier. That puts it 103 of 122 for growth among the biotechnology companies we cover. Free-cash-flow margin fell to -80.1% from -20.7% a year earlier. Operating margin narrowed to -264.3% from -105.8%. The diluted share count is up 24.7% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 0 of our 2 financial-health checks. Our price-to-sales vs peers value is $1.64 a share.
Source: 10-Q filed October 20, 2026 on SEC EDGAR · Financials · Valuation