PRME
Prime Medicine, Inc.3.8800
-0.1600-3.96%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
700.38MP/E (TTM)
-Basic EPS (TTM)
-1.42Dividend Yield
0%Recent Filings
10-K
FY2025 results
Prime Medicine posted FY2025 net loss of $201.1M, up from $195.9M in FY2024, on R&D spend of $160.6M versus $155.3M prior year as liver programs advanced toward 1H/ mid-2026 IND/CTAs while narrowing focus post-CGD deprioritization. Q4 saw $138.4M net proceeds from public offering, bolstering $177.7M cash runway into 2027 amid workforce cuts and Beam arbitration. Cash burn accelerated sequentially on facility expansions, yet partnerships with BMS ($110M upfront/equity) and CFF fueled platform progress. Substantial doubt persists on going concern without further funding.
8-K
2025 loss up; cash to 2027
8-K
Prime Editing updates posted
Prime Medicine posted its January 2026 corporate presentation, highlighting breakthrough PM359 data in CGD with rapid engraftment, restored NADPH activity, and no detectable off-target edits. Wilson Disease program PM577 targets H1 2026 IND/CTA filing; AATD's PM647 eyes mid-2026, both with 2027 data. Pro-forma cash hits $227M, runway into 2027. Platform modularity accelerates liver follow-ons.
10-Q
Q3 FY2025 results
Prime Medicine narrowed Q3 net loss to $50.6M from $52.5M y/y, with diluted EPS improving to $(0.32) from $(0.44) on 160.5M shares—anti-dilution flagged as options excluded. Revenue rose to $1.2M from $0.2M y/y, driven by related-party collaboration, yet R&D expenses climbed 9% to $44.0M from facility expansions while personnel costs fell post-workforce cut. Cash burn eased, with operating cash use at $125.3M YTD versus $139.1M y/y; bolstered by $138.4M August offering, quarter-end cash and equivalents hit $71.4M plus $137.0M short-term investments. No debt. Beam arbitration over AATD program lingers.
8-K
Q3 loss narrows; pipeline updates
Prime Medicine reported Q3 2025 net loss of $50.6M, up slightly from $52.5M last year, with R&D at $44.0M and cash of $227.0M funding ops into 2027. Nominated PM647 for AATD, eyeing IND mid-2026; new PM577 preclinical data at AASLD bolsters WD path to H1 2027 filing. Hired business chief Hawryluk. Pipeline advances steadily.
BEAM
Beam Therapeutics Inc.
26.76-0.07
CRSP
CRISPR Therapeutics AG
55.97-0.28
DTIL
Precision BioSciences, Inc.
4.82+0.02
EDIT
Editas Medicine, Inc.
2.51+0.07
MRNA
Moderna, Inc.
29.89-0.03
NRSN
NeuroSense Therapeutics Ltd.
0.85+0.01
PASG
Passage Bio, Inc.
9.45-0.60
PEPG
PepGen Inc.
5.52+0.05
PMN
ProMIS Neurosciences Inc.
9.34+0.32
WVE
Wave Life Sciences Ltd.
16.41+0.30