Q32 Bio (QTTB) Current Deferred Revenue (2017 - 2023)
Q32 Bio's Current Deferred Revenue was $354,000 in Q1 2023, down 89.0% from $3.21 million a year earlier and down 69.4% from the prior quarter.
Q32 Bio (QTTB) Current Deferred Revenue (2017 - 2023) Analysis & Trends
At the end of FY2022, Current Deferred Revenue at Q32 Bio came in at $1.16 million, down 64.0% from FY2021.
- Current Deferred Revenue shows a five-year compound annual growth rate of -19.1% (FY2017 to FY2022).
- In earlier years, Current Deferred Revenue was $3.21 million in FY2021 (-43.0%), $5.63 million in FY2020 (+596.2%), $809,000 in FY2019 (+5.1%) and $770,000 in FY2018 (-77.0%).
- The Q1 2023 figure marks the lowest quarterly Current Deferred Revenue in data going back to Q4 2017.
- Compared with a year earlier, Current Deferred Revenue has declined for six straight quarters, with growth averaging 15.3% over the last eight quarters.
- The best year-over-year quarter for Current Deferred Revenue over five years was Q4 2020 (growth of 596.2%); the worst was Q1 2023 (a decline of 89.0%).
- Per Business Quant data, QTTB's Current Deferred Revenue in the three quarters before Q1 2023 was $1.16 million (Q4 2022), $1.96 million (Q3 2022) and $2.76 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn |
| 10 | Q32 Bio | 196.30 Mn | -77.99 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 354,000.00 |
| Dec 31, 2022 | 1.16 Mn |
| Sep 30, 2022 | 1.96 Mn |
| Jun 30, 2022 | 2.76 Mn |
| Mar 31, 2022 | 3.21 Mn |
| Dec 31, 2021 | 3.21 Mn |
| Sep 30, 2021 | 3.21 Mn |
| Jun 30, 2021 | 4.01 Mn |
| Mar 31, 2021 | 5.18 Mn |
| Dec 31, 2020 | 5.63 Mn |
| Sep 30, 2020 | 2.94 Mn |
| Jun 30, 2020 | 774,000.00 |
| Mar 31, 2020 | 774,000.00 |
| Dec 31, 2019 | 809,000.00 |
| Sep 30, 2019 | 774,000.00 |
| Jun 30, 2019 | 690,000.00 |
| Mar 31, 2019 | 905,000.00 |
| Dec 31, 2018 | 770,000.00 |
| Sep 30, 2018 | 3.61 Mn |
| Jun 30, 2018 | 3.50 Mn |
Q32 Bio Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=QTTB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "QTTB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=QTTB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();