Precision Biosciences Inc income statement
In fiscal 2025, Precision Biosciences Inc reported revenue of $34.3m, down 50.1% on the year before, operating income of −$52.1m (a -152.2% margin) and net income of −$45.7m, or −$3.56 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 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 1,070 | 24 | 116 | 25 | 49 | 69 | 34 | 45 |
| Research and development | 45 | 82 | 98 | 115 | 46 | 53 | 60 | 54 | 53 |
| General and administrative | 14 | 27 | 36 | 40 | 41 | 39 | 35 | 32 | 28 |
| Operating income | −48 | −87 | −110 | −39 | −62 | −44 | −26 | −52 | −36 |
| Interest expense | — | 0 | — | 0 | 1 | 2 | 2 | 1 | 1 |
| Income before tax | — | — | — | — | — | — | 7 | −46 | — |
| Income tax | — | — | 0 | — | — | — | 0 | 0 | — |
| Net income | −46 | −93 | −109 | −31 | −112 | −61 | 7 | −46 | −39 |
| Diluted EPS | −$87.60 | −$66.30 | −$62.70 | −$15.60 | −$38.10 | −$15.96 | $1.04 | −$3.56 | — |
| Diluted shares (average) | — | 1m | 2m | 2m | 3m | 4m | 7m | 13m | — |
| EBITDA | −46 | −82 | −101 | −30 | −55 | −37 | −23 | −51 | −35 |
| 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 | 1 | 0 | 0 | 0 | 34 | 11 | 0 | 0 |
| Research and development | 16 | 14 | 13 | 13 | 14 | 13 | 12 | 13 |
| General and administrative | 10 | 9 | 9 | 7 | 7 | 7 | 7 | 8 |
| Operating income | −25 | −22 | −22 | −21 | 13 | −9 | −19 | −20 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −18 | −21 | −24 | −22 | 20 | −18 | −33 | −8 |
| Diluted EPS | −$2.74 | −$2.21 | −$2.13 | −$1.84 | $2.58 | −$0.75 | −$1.26 | −$0.28 |
| EBITDA | −24 | −22 | −21 | −20 | 13 | −9 | −19 | −20 |
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