Q32 Bio Inc. income statement
In fiscal 2025, Q32 Bio Inc. reported revenue of $53.7m, operating income of $16.9m (a 31.5% margin) and net income of $29.8m, or $2.42 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 2 | 3 | 34 | 3 | 1 | 0 | 54 |
| Research and development | 48 | 89 | 100 | 93 | 98 | 32 | 48 | 19 |
| General and administrative | 17 | 22 | 33 | 37 | 38 | 10 | 18 | 18 |
| Operating income | −60 | −110 | −130 | −96 | −133 | −48 | −66 | 17 |
| Interest expense | — | — | — | — | — | 2 | — | — |
| Net interest income | — | — | — | — | — | 1 | 3 | 1 |
| Income before tax | — | — | — | −96 | 1 | −87 | −46 | 30 |
| Income tax | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Net income | −56 | −104 | −129 | −96 | −5 | −54 | −48 | 30 |
| Diluted EPS | −$1.95 | −$2.47 | −$2.80 | −$1.73 | −$0.09 | −$153.96 | −$6.58 | $2.42 |
| Diluted shares (average) | 29m | 42m | 46m | 55m | 57m | — | 10m | 12m |
| EBITDA | −59 | −104 | −122 | −88 | −132 | −48 | −66 | 17 |
| Quarter | 2023 Q1Mar 2023 | 2023 Q2Jun 2023 | 2023 Q3Sept 2023 | 2023 Q4Dec 2023 | 2024 Q1Mar 2024 | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 3 | 2 | −7 | 0 | 0 | 0 | 0 |
| Research and development | 8 | 8 | 7 | 8 | 10 | 13 | 14 | 11 |
| General and administrative | 2 | 2 | 2 | 3 | 5 | 5 | 4 | 4 |
| Operating income | −7 | −7 | −8 | −26 | −15 | −18 | −19 | −15 |
| Net interest income | — | — | — | — | −0 | −1 | −1 | 5 |
| Income before tax | −26 | −29 | −30 | −2 | 1 | −16 | −18 | −14 |
| Income tax | 0 | 0 | −0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −7 | −6 | −14 | −27 | 1 | −17 | −18 | −14 |
| Diluted EPS | −$3.97 | −$3.34 | −$8.10 | −$15.43 | −$1.27 | −$1.42 | −$1.46 | −$0.98 |
| EBITDA | −7 | −7 | −8 | −26 | −15 | −18 | −19 | −14 |
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