Cullinan Therapeutics (CGEM) EBT (2020 - 2026)

Cullinan Therapeutics' (CGEM) quarterly EBT came in at -$52.4 million in Q1 2026, down 7.47% year-on-year from -$56.6 million in Q1 2025, and down 3.35% quarter-over-quarter from -$50.7 million in Q4 2025.

Cullinan Therapeutics (CGEM) EBT (2020 - 2026) Analysis & Trends

Cullinan Therapeutics' EBT history runs 7 years deep, the most recent figure standing at -$52.4 million for Q1 2026.

  • On a quarterly basis, EBT fell 7.47% year-over-year to -$52.4 million in Q1 2026; TTM through Mar 2026 was -$224.8 million, a 28.16% increase from a year earlier, with the FY2025 full-year figure at -$219.9 million, down 31.3% from the prior year.
  • EBT eased to -$52.4 million in Q1 2026 per CGEM's latest filing, from -$50.7 million in the prior quarter.
  • Across five years, EBT topped out at $240.1 million in Q2 2022 and bottomed at -$178.5 million in Q4 2024.
  • The 5-year median for EBT is -$40.9 million (2024), against an average of -$35.1 million.
  • Biggest YoY gain for EBT was 1560.76% in 2022; the steepest drop was 2387.53% in 2022.
  • Year by year, EBT stood at -$28.9 million in 2022, then tumbled by 37.1% to -$39.7 million in 2023, then slumped by 349.73% to -$178.5 million in 2024, then soared by 71.62% to -$50.7 million in 2025, then dropped by 3.35% to -$52.4 million in 2026.
  • Per Business Quant, the three latest CGEM EBT figures stand at -$52.4 million (Q1 2026), -$50.7 million (Q4 2025), and -$51.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -36.97 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 259.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.49 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.25 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 831.20 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -26.94 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 541.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -453.82 Mn
10 Cullinan Therapeutics 368.65 Mn 368.65 Mn - -52.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -52.35 Mn
Dec 31, 2025 -50.65 Mn
Sep 30, 2025 -51.74 Mn
Jun 30, 2025 -70.05 Mn
Mar 31, 2025 -48.71 Mn
Dec 31, 2024 -178.48 Mn
Sep 30, 2024 -40.71 Mn
Jun 30, 2024 -45.00 Mn
Mar 31, 2024 -40.86 Mn
Dec 31, 2023 -39.69 Mn
Sep 30, 2023 -39.18 Mn
Jun 30, 2023 -32.21 Mn
Mar 31, 2023 -58.14 Mn
Dec 31, 2022 -28.95 Mn
Sep 30, 2022 -27.41 Mn
Jun 30, 2022 240.14 Mn
Mar 31, 2022 -32.46 Mn
Dec 31, 2021 -34.21 Mn
Sep 30, 2021 -18.26 Mn
Jun 30, 2021 -16.44 Mn