Cartesian Therapeutics (RNAC) Operating Income (2015 - 2026)
Cartesian Therapeutics' (RNAC) quarterly Operating Income came in at -$26.5 million in Q1 2026, down 21.06% year-on-year from -$33.6 million in Q1 2025, and up 66.3% on a QoQ basis from -$78.6 million in Q4 2025.
Cartesian Therapeutics (RNAC) Operating Income (2015 - 2026) Analysis & Trends
Cartesian Therapeutics (RNAC) has 12 years of Operating Income data on file, last reported at -$26.5 million in Q1 2026.
- On a quarterly basis, Operating Income fell 21.06% year-over-year to -$26.5 million in Q1 2026; TTM through Mar 2026 was -$148.0 million, a 182.27% decrease from a year earlier, with the FY2025 full-year figure at -$143.4 million, down 226.69% from the prior year.
- Operating Income for Q1 2026 stood at -$26.5 million, up from -$78.6 million in the prior quarter.
- Over the last five years, Operating Income for RNAC reached as high as $13.9 million in Q2 2022 and fell as low as -$78.6 million in Q4 2025.
- Historically, Operating Income has averaged -$16.8 million across 5 years, with a median of -$18.4 million in 2023.
- Across the five-year window, Operating Income soared 2966.37% in 2022 and slumped 717.07% in 2023, its largest moves.
- Year by year, Operating Income stood at -$8.5 million in 2022, then sank by 327.64% to -$36.3 million in 2023, then increased by 26.43% to -$26.7 million in 2024, then plunged by 194.19% to -$78.6 million in 2025, then jumped by 66.3% to -$26.5 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$26.5 million in Q1 2026, -$78.6 million in Q4 2025, and -$21.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -27.75 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 249.90 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.72 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.14 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 642.90 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | -32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 493.00 Mn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | -445.22 Mn |
| 10 | Cartesian Therapeutics | 226.07 Mn | 226.07 Mn | - | -26.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -26.50 Mn |
| Dec 31, 2025 | -78.64 Mn |
| Sep 30, 2025 | -21.07 Mn |
| Jun 30, 2025 | -21.81 Mn |
| Mar 31, 2025 | -21.89 Mn |
| Dec 31, 2024 | -26.73 Mn |
| Sep 30, 2024 | -17.58 Mn |
| Jun 30, 2024 | 13.76 Mn |
| Mar 31, 2024 | -13.35 Mn |
| Dec 31, 2023 | -36.33 Mn |
| Sep 30, 2023 | -13.07 Mn |
| Jun 30, 2023 | -18.64 Mn |
| Mar 31, 2023 | -18.38 Mn |
| Dec 31, 2022 | -8.50 Mn |
| Sep 30, 2022 | -1.60 Mn |
| Jun 30, 2022 | 13.86 Mn |
| Mar 31, 2022 | 10.77 Mn |
| Dec 31, 2021 | 4.08 Mn |
| Sep 30, 2021 | -1.97 Mn |
| Jun 30, 2021 | 452,000.00 |