Fate Therapeutics (FATE) Net Income (2012 - 2026)

Fate Therapeutics (FATE) reported Net Income of -$31.1 million for Q1 2026, up 17.95% on a YoY basis from -$26.4 million in Q1 2025, and up 4.21% quarter-over-quarter from -$32.5 million in Q4 2025.

Fate Therapeutics (FATE) Net Income (2012 - 2026) Analysis & Trends

Fate Therapeutics has reported Net Income for 15 years, with the latest figure at -$31.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income rose 17.95% year-over-year to -$31.1 million; the trailing twelve-month figure through Mar 2026 stood at -$129.8 million (up 29.44% YoY), and the FY2025 full-year result was -$136.7 million, up 29.19% from the prior year.
  • Net Income for Q1 2026 stood at -$31.1 million, up from -$32.5 million in the prior quarter.
  • The five-year high for Net Income was -$24.9 million in Q1 2023, with the low at -$84.6 million in Q3 2022.
  • Historically, Net Income has averaged -$49.2 million across 5 years, with a median of -$46.6 million in 2023.
  • Annual changes were most pronounced in 2023 — Net Income jumped 66.38% — and 2024, when it slumped 88.44%.
  • Fate Therapeutics' Net Income stood at -$61.5 million in 2022, then gained by 29.05% to -$43.7 million in 2023, then tumbled by 32.55% to -$57.9 million in 2024, then jumped by 43.84% to -$32.5 million in 2025, then climbed by 4.21% to -$31.1 million in 2026.
  • The last three Net Income figures came in at -$31.1 million (Q1 2026), -$32.5 million (Q4 2025), and -$32.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -26.94 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 30.80 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.40 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -14.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.03 Bn
9 Abivax 91.96 Bn 91.96 Bn - -56.48 Mn
10 Fate Therapeutics 250.86 Mn 250.86 Mn - -31.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -31.13 Mn
Dec 31, 2025 -32.50 Mn
Sep 30, 2025 -32.16 Mn
Jun 30, 2025 -34.05 Mn
Mar 31, 2025 -37.94 Mn
Dec 31, 2024 -57.87 Mn
Sep 30, 2024 -47.94 Mn
Jun 30, 2024 -40.26 Mn
Mar 31, 2024 -46.92 Mn
Dec 31, 2023 -43.66 Mn
Sep 30, 2023 -46.58 Mn
Jun 30, 2023 -58.18 Mn
Mar 31, 2023 -24.90 Mn
Dec 31, 2022 -61.54 Mn
Sep 30, 2022 -84.60 Mn
Jun 30, 2022 -82.35 Mn
Mar 31, 2022 -74.05 Mn
Dec 31, 2021 -69.09 Mn
Sep 30, 2021 -54.33 Mn
Jun 30, 2021 -46.43 Mn