Cullinan Therapeutics (CGEM) EBITDA (2020 - 2026)
Cullinan Therapeutics (CGEM) posted quarterly EBITDA of -$53.7 million for Q1 2026, up 2.36% year-over-year from -$52.5 million in Q1 2025, and up 2.83% quarter-over-quarter from -$55.3 million in Q4 2025.
Analysis
Cullinan Therapeutics (CGEM) EBITDA (2020 - 2026) Analysis & Trends
Cullinan Therapeutics' EBITDA history runs 7 years deep, the most recent figure standing at -$53.7 million for Q1 2026.
- In Q1 2026, EBITDA rose 2.36% year-over-year to -$53.7 million; the TTM figure through Mar 2026 stood at -$240.3 million (down 15.04% YoY), while the FY2025 annual figure was -$241.6 million, down 22.71% from the prior year.
- EBITDA for Q1 2026 stood at -$53.7 million, up from -$55.3 million in the prior quarter.
- The five-year high for EBITDA was $239.7 million in Q2 2022, with the low at -$75.8 million in Q2 2025.
- The 5-year median for EBITDA is -$48.9 million (2024), against an average of -$31.7 million.
- Peak annual rise in EBITDA reached 1543.5% in 2022, while the deepest fall reached 2480.25% in 2022.
- Cullinan Therapeutics' EBITDA stood at -$32.6 million in 2022, then tumbled by 39.49% to -$45.5 million in 2023, then retreated by 21.02% to -$55.0 million in 2024, then slipped by 0.38% to -$55.3 million in 2025, then grew by 2.83% to -$53.7 million in 2026.
- Business Quant data shows CGEM's EBITDA at -$53.7 million in Q1 2026, -$55.3 million in Q4 2025, and -$55.6 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.92 Bn | 131.07 Bn | 2.84 Bn | 1.25 Bn |
| 2 | Regeneron Pharmaceuticals | 85.55 Bn | 77.56 Bn | 3.93 Bn | 1.29 Bn |
| 3 | Argenx Se | 63.55 Bn | 58.37 Bn | 1.37 Bn | 493.00 Mn |
| 4 | Moderna | 58.26 Bn | 53.13 Bn | 52.00 Mn | -815.00 Mn |
| 5 | Revolution Medicines | 44.08 Bn | 44.08 Bn | - | -505.13 Mn |
| 6 | BeOne Medicines | 39.98 Bn | 34.89 Bn | 1.53 Bn | 325.05 Mn |
| 7 | Alnylam Pharmaceuticals | 35.32 Bn | 32.01 Bn | 992.69 Mn | 231.44 Mn |
| 8 | Royalty Pharma | 28.42 Bn | 27.59 Bn | - | 133.12 Mn |
| 9 | Insmed | 27.41 Bn | 26.25 Bn | 358.27 Mn | -1.55 Mn |
| 10 | Cullinan Therapeutics | 1.38 Bn | 1.38 Bn | - | -57.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -57.25 Mn |
| Mar 31, 2026 | -53.70 Mn |
| Dec 31, 2025 | -55.26 Mn |
| Sep 30, 2025 | -55.60 Mn |
| Jun 30, 2025 | -75.80 Mn |
| Mar 31, 2025 | -55.00 Mn |
| Dec 31, 2024 | -55.05 Mn |
| Sep 30, 2024 | -48.86 Mn |
| Jun 30, 2024 | -50.03 Mn |
| Mar 31, 2024 | -42.99 Mn |
| Dec 31, 2023 | -45.49 Mn |
| Sep 30, 2023 | -45.24 Mn |
| Jun 30, 2023 | -37.61 Mn |
| Mar 31, 2023 | -62.76 Mn |
| Dec 31, 2022 | -32.61 Mn |
| Sep 30, 2022 | -29.77 Mn |
| Jun 30, 2022 | 239.68 Mn |
| Mar 31, 2022 | -32.66 Mn |
| Dec 31, 2021 | -34.35 Mn |
| Sep 30, 2021 | -18.38 Mn |