Burning Rock Biotech Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	539.57	515.82	537.44	563.24	507.86
Revenue Growth (YoY)	4.60%	-4.02%	-4.58%	10.90%	18.13%
Cost of Revenue	136.65	153.42	174.21	183.2	143.72
Gross Profit	402.91	362.4	363.23	380.04	364.15
Selling, General & Admin	291.27	452.54	685.53	938.58	793.35
Research & Development	166.49	232.29	347.02	421.87	367.86
Operating Expenses	457.76	684.83	1,033	1,360	1,161
Operating Income	-54.85	-322.43	-669.32	-980.41	-797.06
Interest Expense	-0.03	-	-	-	-1.54
Interest & Investment Income	8.05	12.21	17.96	9.36	3.46
Currency Exchange Gain (Loss)	-6.71	-0.1	-0.42	1.55	-0.85
Other Non Operating Income (Expenses)	-0.26	4.71	0.48	0.25	0.2
EBT Excluding Unusual Items	-53.79	-305.61	-651.3	-969.25	-795.8
Asset Writedown	-	-35.13	-	-	-
Pretax Income	-53.79	-340.74	-651.3	-969.25	-795.8
Income Tax Expense	1.56	5.89	2.39	1.99	0.9
Net Income	-55.35	-346.63	-653.69	-971.23	-796.7
Net Income to Common	-55.35	-346.63	-653.69	-971.23	-796.7
Shares Outstanding (Basic)	11	10	10	10	10
Shares Outstanding (Diluted)	11	10	10	10	10
Shares Change (YoY)	4.78%	0.53%	-1.46%	-0.29%	51.83%
EPS (Basic)	-5.13	-33.67	-63.84	-93.47	-76.45
EPS (Diluted)	-5.13	-33.67	-63.84	-93.47	-76.45
Free Cash Flow	-28.44	-97.68	-263.89	-527.1	-688.81
Free Cash Flow Per Share	-2.64	-9.49	-25.77	-50.73	-66.10
Gross Margin	74.67%	70.26%	67.58%	67.47%	71.70%
Operating Margin	-10.17%	-62.51%	-124.54%	-174.07%	-156.94%
Profit Margin	-10.26%	-67.20%	-121.63%	-172.44%	-156.87%
Free Cash Flow Margin	-5.27%	-18.94%	-49.10%	-93.58%	-135.63%
EBITDA	-3.46	-271.05	-537.87	-859.66	-752.46
EBITDA Margin	-0.64%	-52.55%	-100.08%	-152.63%	-148.16%
D&A For EBITDA	51.39	51.39	131.45	120.75	44.6
EBIT	-54.85	-322.43	-669.32	-980.41	-797.06
EBIT Margin	-10.17%	-62.51%	-124.54%	-174.07%	-156.94%
Revenue as Reported	-	515.82	537.44	563.24	507.86

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q