Editas Medicine (EDIT) Long-Term Investments (2020 - 2024)

Editas Medicine (EDIT) posted quarterly Long-Term Investments of $39.2 million for Q2 2024, down 18.5% year-over-year from $48.1 million in Q3 2023, and down 51.37% quarter-over-quarter from $80.6 million in Q1 2024.

Editas Medicine (EDIT) Long-Term Investments (2020 - 2024) Analysis & Trends

Editas Medicine (EDIT) has reported Long-Term Investments for 5 consecutive years, with $39.2 million the latest figure, recorded in Q2 2024.

  • In Q2 2024, Long-Term Investments fell 18.5% year-over-year to $39.2 million; the TTM figure through Jun 2024 stood at $39.2 million (down 18.5% YoY), while the FY2023 annual figure was $104.0 million, up 11.74% from the prior year.
  • Long-Term Investments slipped to $39.2 million in Q2 2024 per EDIT's latest filing, from $80.6 million in the prior quarter.
  • Across five years, Long-Term Investments topped out at $120.1 million in Q4 2021 and bottomed at $39.2 million in Q2 2024.
  • Historically, Long-Term Investments has averaged $82.3 million across 5 years, with a median of $85.5 million in 2021.
  • Annual changes were most pronounced in 2021 — Long-Term Investments jumped 115.65% — and 2022, when it tumbled 40.68%.
  • Editas Medicine's Long-Term Investments stood at $109.7 million in 2020, then advanced by 9.49% to $120.1 million in 2021, then declined by 22.47% to $93.1 million in 2022, then gained by 11.74% to $104.0 million in 2023, then sank by 62.32% to $39.2 million in 2024.
  • Business Quant data shows EDIT's Long-Term Investments at $39.2 million in Q2 2024, $80.6 million in Q1 2024, and $104.0 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 5.79 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 9.83 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn -
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn -
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -
7 Royalty Pharma 33.72 Bn 35.84 Bn - 372.10 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 22.17 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -
10 Editas Medicine 263.01 Mn 116.36 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 39.20 Mn
Mar 31, 2024 80.61 Mn
Dec 31, 2023 104.02 Mn
Sep 30, 2023 96.80 Mn
Jun 30, 2023 48.10 Mn
Mar 31, 2023 83.34 Mn
Dec 31, 2022 93.10 Mn
Sep 30, 2022 58.84 Mn
Jun 30, 2022 75.10 Mn
Mar 31, 2022 78.05 Mn
Dec 31, 2021 120.07 Mn
Sep 30, 2021 99.20 Mn
Jun 30, 2021 87.60 Mn
Mar 31, 2021 97.90 Mn
Dec 31, 2020 109.66 Mn
Sep 30, 2020 46.00 Mn