Cartesian Therapeutics (RNAC)
Develops outpatient mRNA CAR-T candidates for autoimmune diseases, led by Descartes-08.
$7.80
vs last close−0.29 (−3.53%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 8 | 6 | 33 | 0 | −1 | 1 | 0 | 0 | 1 | 0 | 0 |
| Cost of revenue | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 0 | 0 | 0 |
| Gross profit | −6 | 8 | 6 | 33 | 0 | −1 | 1 | 0 | −12 | 1 | 0 | 0 |
| 7 | 45 | 19 | 20 | 18 | 26 | 23 | 22 | 9 | 23 | 27 | 29 | |
| Research & development | 13 | 22 | 10 | 13 | 11 | 11 | 15 | 15 | 14 | 15 | 19 | 20 |
| 7 | 22 | 9 | 7 | 7 | 7 | 8 | 7 | 8 | 8 | 7 | 9 | |
| Selling & marketing | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| General & administrative | 6 | 22 | 9 | 7 | 7 | 7 | 8 | 7 | 7 | 8 | 7 | 9 |
| Other expenses | −13 | 0 | 0 | 0 | 0 | 8 | 0 | 0 | −13 | 0 | 0 | 0 |
| Operating income | −13 | −36 | −13 | 14 | −18 | −27 | −22 | −22 | −21 | −22 | −26 | −29 |
| 4 | −160 | −43 | 0 | −7 | 17 | 4 | 38 | −15 | −80 | −13 | 45 | |
| Interest income | 0 | 1 | 1 | 1 | 3 | 7 | 2 | 2 | 2 | 1 | 1 | 1 |
| Interest expense | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Other non-operating income | 0 | 160 | 43 | 0 | 7 | −17 | −4 | −38 | 15 | 80 | 13 | −46 |
| Income before tax | −9 | −197 | −57 | 14 | −24 | −10 | −18 | 16 | −36 | −102 | −39 | 16 |
| Income tax expense | 0 | −19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −9 | 0 | 0 |
| Net income from continuing operations | −9 | −178 | −57 | 14 | −24 | −10 | −18 | 16 | −36 | −93 | −39 | 16 |
| Net income | −9 | −178 | −57 | 14 | −24 | −10 | −18 | 16 | −36 | −93 | −39 | 14 |
| EPS, basic | −$1.74 | −$41.56 | −$10.50 | $0.58 | −$1.13 | −$0.07 | −$0.68 | $0.61 | −$1.38 | −$3.56 | −$1.46 | $0.47 |
| EPS, diluted | −$1.74 | −$41.56 | −$10.50 | $0.54 | −$1.13 | −$0.07 | −$0.68 | $0.60 | −$1.38 | −$3.46 | −$1.46 | $0.46 |
| Weighted average shares, basic | 5 | 5 | 5 | 17 | 21 | 26 | 26 | 26 | 26 | 26 | 27 | 29 |
| Weighted average shares, diluted | 5 | 5 | 5 | 18 | 21 | 26 | 26 | 26 | 26 | 26 | 27 | 30 |
| EBITDA | −13 | −196 | −57 | 14 | −24 | −9 | −17 | 16 | −35 | −101 | −39 | 17 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBIT | −13 | −197 | −57 | 14 | −24 | −10 | −18 | 16 | −36 | −102 | −39 | 17 |
