Fate Therapeutics Inc income statement
In fiscal 2025, Fate Therapeutics Inc reported revenue of $6.6m, down 51.2% on the year before, operating income of −$148m (a -2222.4% margin) and net income of −$136m, or −$1.15 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 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 3 | 1 | 2 | 4 | 4 | 5 | 11 | 31 | 56 | 96 | 64 | 14 | 7 | 6 |
| Research and development | 10 | 12 | 12 | 20 | 26 | 34 | 56 | 88 | 126 | 216 | 320 | 173 | 135 | 108 | 100 |
| General and administrative | 5 | 4 | 7 | 10 | 10 | 12 | 16 | 24 | 34 | 57 | 84 | 81 | 74 | 47 | 40 |
| Operating income | −13 | −14 | −18 | −28 | −32 | −42 | −67 | −101 | −128 | −217 | −308 | −191 | −210 | −148 | −134 |
| Interest expense | 0 | 0 | 1 | 2 | 2 | 1 | 2 | 2 | 0 | 0 | — | — | — | — | — |
| Income tax | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | −13 | −14 | −21 | −30 | −33 | −43 | −67 | −98 | −173 | −212 | −282 | −161 | −186 | −136 | −126 |
| Diluted EPS | −$16.16 | −$13.06 | −$3.54 | −$1.18 | −$1.05 | −$1.02 | −$1.19 | −$1.44 | −$2.10 | −$2.24 | −$2.91 | −$1.64 | −$1.64 | −$1.15 | −$1.05 |
| Diluted shares (average) | — | 1m | 6m | 25m | 32m | 42m | 56m | 68m | 82m | 95m | 97m | 98m | 114m | 119m | 120m |
| EBITDA | −13 | −13 | −17 | −27 | −31 | −41 | −66 | −99 | −125 | −211 | −295 | −172 | −191 | −135 | −122 |
| 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 | 2 | 2 | 2 | 1 | 1 | 2 |
| Research and development | 35 | 34 | 29 | 27 | 26 | 25 | 25 | 24 |
| General and administrative | 21 | 15 | 14 | 11 | 11 | 11 | 10 | 9 |
| Operating income | −52 | −62 | −41 | −37 | −35 | −35 | −33 | −31 |
| Net income | −48 | −52 | −38 | −34 | −32 | −32 | −31 | −30 |
| Diluted EPS | −$0.40 | −$0.45 | −$0.32 | −$0.29 | −$0.27 | −$0.27 | −$0.26 | −$0.25 |
| EBITDA | −48 | −57 | −38 | −34 | −32 | −32 | −30 | −28 |
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