Cue Biopharma, Inc. income statement
In fiscal 2025, Cue Biopharma, Inc. reported revenue of $27.5m, up 195.7% on the year before, operating income of −$26.6m (a -96.7% margin) and net income of −$26.6m, or −$0.28 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 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 3 | 3 | 15 | 1 | 5 | 9 | 27 | 38 |
| Research and development | 29 | 27 | 34 | 41 | 39 | 41 | 36 | 38 | 77 |
| General and administrative | 11 | 13 | 15 | 17 | 16 | 17 | 15 | 16 | 59 |
| Operating income | −39 | −37 | −45 | −44 | −53 | −52 | −42 | −27 | −99 |
| Interest expense | — | — | — | — | 0 | 0 | 0 | 0 | — |
| Net interest income | — | — | — | 0 | −1 | −1 | −1 | −0 | −0 |
| Income before tax | −38 | −36 | −45 | −44 | −53 | — | — | — | — |
| Income tax | 1 | 0 | 0 | 0 | 0 | — | 0 | 1 | — |
| Net income | −39 | −37 | −45 | −44 | −53 | −51 | −41 | −27 | −164 |
| Diluted EPS | −$1.94 | −$1.66 | −$1.56 | −$1.41 | −$1.49 | −$1.11 | −$0.72 | −$0.28 | — |
| Diluted shares (average) | 20m | 22m | 29m | 31m | 36m | 46m | 56m | 95m | — |
| EBITDA | −38 | −36 | −44 | −42 | −52 | −52 | −41 | −26 | −97 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 2 | 0 | 3 | 2 | 22 | 6 | 8 |
| Research and development | 9 | 7 | 9 | 8 | 5 | 17 | 7 | 49 |
| General and administrative | 3 | 4 | 4 | 4 | 5 | 3 | 4 | 47 |
| Operating income | −9 | −10 | −12 | −9 | −8 | 2 | −5 | −88 |
| Interest expense | — | — | 0 | 0 | — | — | — | — |
| Net interest income | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net income | −9 | −9 | −12 | −8 | −7 | 2 | −5 | −153 |
| Diluted EPS | −$0.17 | −$0.10 | −$4.95 | −$2.67 | −$2.10 | $0.03 | −$1.08 | −$24.14 |
| EBITDA | −9 | −10 | −12 | −9 | −8 | 3 | −5 | −88 |
Compare with peers
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