Cartesian Therapeutics (RNAC) Current Deferred Revenue (2015 - 2024)
Cartesian Therapeutics (RNAC) posted quarterly Current Deferred Revenue of $412000.0 for Q1 2024, down 90.26% year-over-year from $4.2 million in Q2 2023, and down 82.17% quarter-over-quarter from $2.3 million in Q4 2023.
Analysis
Cartesian Therapeutics (RNAC) Current Deferred Revenue (2015 - 2024) Analysis & Trends
Cartesian Therapeutics (RNAC) has reported Current Deferred Revenue for 10 consecutive years, with $412000.0 the latest figure, recorded in Q1 2024.
- In Q1 2024, Current Deferred Revenue fell 90.26% year-over-year to $412000.0; the TTM figure through Mar 2024 stood at $412000.0 (down 90.26% YoY), while the FY2023 annual figure was $2.3 million, up 289.71% from the prior year.
- Current Deferred Revenue declined to $412000.0 in Q1 2024 per RNAC's latest filing, from $2.3 million in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $115.8 million in Q3 2020 and bottomed at $412000.0 in Q1 2024.
- Historically, Current Deferred Revenue has averaged $34.4 million across 5 years, with a median of $9.2 million in 2021.
- Annual changes were most pronounced in 2020 — Current Deferred Revenue soared 11223.46% — and 2022, when it sank 93.55%.
- Cartesian Therapeutics' Current Deferred Revenue stood at $110.8 million in 2020, then sank by 91.7% to $9.2 million in 2021, then tumbled by 93.55% to $593000.0 in 2022, then jumped by 289.71% to $2.3 million in 2023, then plunged by 82.17% to $412000.0 in 2024.
- Business Quant data shows RNAC's Current Deferred Revenue at $412000.0 in Q1 2024, $2.3 million in Q4 2023, and $4.1 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn |
| 10 | Cartesian Therapeutics | 271.98 Mn | 271.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 412,000.00 |
| Dec 31, 2023 | 5.85 Mn |
| Sep 30, 2023 | 8.12 Mn |
| Jun 30, 2023 | 9.10 Mn |
| Mar 31, 2023 | 9.75 Mn |
| Dec 31, 2022 | 593,000.00 |
| Sep 30, 2022 | 9.26 Mn |
| Jun 30, 2022 | 23.09 Mn |
| Mar 31, 2022 | 38.41 Mn |
| Dec 31, 2021 | 65.30 Mn |
| Sep 30, 2021 | 82.37 Mn |
| Jun 30, 2021 | 99.75 Mn |
| Mar 31, 2021 | 108.07 Mn |
| Dec 31, 2020 | 110.80 Mn |
| Sep 30, 2020 | 115.84 Mn |
| Jun 30, 2020 | 18.34 Mn |
| Mar 31, 2020 | 16.33 Mn |
| Dec 31, 2019 | 16.35 Mn |
| Sep 30, 2019 | 16.00 Mn |
| Jun 30, 2019 | 16.33 Mn |