Prime Medicine, Inc. income statement
In fiscal 2025, Prime Medicine, Inc. reported revenue of $4.6m, up 55.3% on the year before, operating income of −$208m (a -4498.1% margin) and net income of −$201m, or −$1.35 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 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|
| Revenue | 5 | 0 | 0 | 0 | 3 | 5 |
| Research and development | 3 | 71 | 87 | 148 | 155 | 161 |
| General and administrative | 3 | 14 | 30 | 43 | 50 | 52 |
| Operating income | −1 | −84 | −117 | −205 | −202 | −208 |
| Income tax | 2 | −0 | −1 | −0 | 0 | 0 |
| Net income | −3 | −165 | −122 | −198 | −196 | −201 |
| Diluted EPS | −$0.38 | −$14.19 | −$4.19 | −$2.18 | −$1.65 | −$1.35 |
| Diluted shares (average) | 13m | 13m | 34m | 91m | 119m | 149m |
| EBITDA | −1 | −84 | −114 | −200 | −196 | −201 |
| Quarter | 2024 Q1Mar 2024 | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 0 | 0 | 2 | 1 | 1 | 1 | 1 |
| Research and development | 38 | 43 | 40 | 34 | 41 | 41 | 44 | 35 |
| General and administrative | 11 | 13 | 14 | 12 | 13 | 13 | 11 | 15 |
| Operating income | −48 | −56 | −54 | −44 | −52 | −53 | −54 | −49 |
| Income tax | 0 | −0 | 0 | 0 | 0 | 0 | — | — |
| Net income | −46 | −55 | −53 | −42 | −52 | −53 | −51 | −46 |
| Diluted EPS | −$0.44 | −$0.46 | −$0.44 | −$0.31 | −$0.40 | −$0.41 | −$0.32 | −$0.24 |
| EBITDA | −47 | −54 | −53 | −43 | −51 | −52 | −52 | −47 |
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