Intellia Therapeutics, Inc. income statement
In fiscal 2025, Intellia Therapeutics, Inc. reported revenue of $67.7m, up 16.9% on the year before, operating income of −$441m (a -651.7% margin) and net income of −$413m, or −$3.81 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 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16 | 26 | 30 | 43 | 58 | 33 | 52 | 36 | 58 | 68 | 60 |
| Cost of revenue | — | — | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Gross profit | — | — | 30 | 43 | 58 | 33 | — | — | — | — | — |
| Research and development | 32 | 68 | 89 | 108 | 150 | 230 | 420 | 435 | 466 | 389 | 347 |
| General and administrative | 17 | 28 | 32 | 41 | 44 | 71 | 90 | 116 | 126 | 120 | 136 |
| Operating income | −32 | −70 | −91 | −106 | −137 | −268 | −458 | −515 | −534 | −441 | −423 |
| Income before tax | −32 | −68 | — | — | — | — | — | — | — | — | — |
| Income tax | 0 | — | — | — | — | — | — | — | — | 0 | — |
| Net income | −32 | −68 | −85 | −474 | −134 | −268 | −474 | −481 | −519 | −413 | −400 |
| Diluted EPS | −$1.42 | −$1.88 | −$1.98 | −$2.11 | −$2.40 | −$3.78 | −$6.16 | −$5.42 | −$5.25 | −$3.81 | −$3.35 |
| Diluted shares (average) | 22m | 36m | 43m | 47m | 56m | 71m | 77m | 89m | 99m | 108m | 120m |
| EBITDA | −31 | −67 | −86 | −101 | −130 | −261 | −451 | −506 | −524 | −431 | −414 |
| 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 | 9 | 13 | 17 | 14 | 14 | 23 | 15 | 8 |
| Research and development | 123 | 117 | 108 | 97 | 95 | 89 | 81 | 83 |
| General and administrative | 31 | 32 | 29 | 27 | 31 | 33 | 35 | 38 |
| Operating income | −145 | −136 | −121 | −110 | −111 | −99 | −101 | −113 |
| Net income | −136 | −129 | −114 | −101 | −101 | −96 | −96 | −107 |
| Diluted EPS | −$1.34 | −$1.26 | −$1.10 | −$0.98 | −$0.92 | −$0.82 | −$0.81 | −$0.80 |
| EBITDA | −142 | −134 | −118 | −107 | −109 | −96 | −98 | −111 |
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