Income Statement

CULLINAN THERAPEUTICS, INC.

CGEM
Performance Overview Click any row in the table to add it to this chart
in millions USD
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY
Revenue
- - - 0.00 18.94
Cost of Revenue
- - - - -
Gross Profit
- - - - 18.94
Operating Expenses
241.65 196.92 190.65 132.14 86.90
Research & Development
187.40 142.90 148.16 91.95 57.75
Selling, General & Administrative
54.25 54.02 42.49 40.19 29.15
Other Operating Expenses
- - - - -
Operating Income
-241.65 -196.92 -190.65 -132.14 -67.95
Non-Operating Income
-21.77 -29.46 -21.43 -283.45 -
Interest Income
22.21 29.66 21.63 6.61 0.48
Interest Expense
- - - - -
Other Non-Op Income / Expense
-0.44 -0.20 0.24 0.06 -0.01
Income Before Tax
-219.88 -167.46 -169.22 151.32 -
Income Tax Expense
0.00 -0.08 -16.06 40.10 -
Non-Controlling Interest
0.00 4.40 -1.94 1.20 5.40
Net Income
-219.88 -167.38 -153.16 111.21 -65.57
Supplemental Per share data, derived & other items — not part of the income statement
in millions USD unless noted
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY
Depreciation & Amortization
- - - - -
EBITDA
-241.34 -196.61 -190.34 -132.04 -67.90
Earnings Per Share (Basic)
-3.36 -2.78 -3.69 2.46 -
Diluted EPS
-3.36 -2.78 -3.69 2.38 -
Weighted Average Shares
59.05 53.77 41.55 45.16 -
Diluted Weighted Avg Shares
59.05 53.77 41.55 46.64 -
Comprehensive Income
-218.73 -167.39 -150.69 109.45 -66.41