Cullinan Therapeutics, Inc. (CGEM)
NASDAQ: CGEM · Real-Time Price · USD
11.23
-0.50 (-4.26%)
At close: Nov 10, 2026, 4:00 PM EST
11.23
0.00 (0.00%)
Pre-market: Nov 11, 2026, 7:49 AM EST
Cullinan Therapeutics Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash & Equivalents | 88.26 | 88.33 | 83.01 | 98.43 | 156.15 | 59.77 |
Short-Term Investments | 201.31 | 289.56 | 315.97 | 368.63 | 311.14 | 230.69 |
Cash & Short-Term Investments | 289.57 | 377.9 | 398.98 | 467.07 | 467.29 | 290.47 |
Cash Growth | -12.94% | -5.28% | -14.58% | -0.05% | 60.88% | 38.18% |
Other Receivables | 2.3 | 2.83 | 3 | - | - | - |
Receivables | 2.3 | 2.83 | 3 | - | - | - |
Prepaid Expenses | 6.28 | 6.03 | 12.69 | 13.12 | 7.18 | 6.1 |
Total Current Assets | 298.15 | 386.76 | 414.67 | 480.19 | 474.47 | 296.56 |
Property, Plant & Equipment | 2.21 | 3.05 | 2.35 | 3.53 | 5.3 | 0.08 |
Long-Term Investments | 21.9 | 58.27 | 204.44 | - | 80.88 | 140.4 |
Other Long-Term Assets | 0.3 | 0.3 | 0.37 | 0.46 | 0.46 | 0.15 |
Total Assets | 322.56 | 448.37 | 621.82 | 484.18 | 561.12 | 437.19 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Accounts Payable | 1.14 | 0.84 | 1.68 | 2.49 | 2.66 | 3.17 |
Accrued Expenses | 36.66 | 35.12 | 26.23 | 23.29 | 12 | 7.6 |
Short-Term Debt | - | - | - | - | 0.18 | - |
Current Portion of Leases | 0.86 | 0.78 | 1.3 | 1.44 | 1.42 | - |
Current Income Taxes Payable | - | - | - | - | 4.28 | - |
Other Current Liabilities | 1.47 | 1 | 1.44 | 0.91 | 1.96 | 0.97 |
Total Current Liabilities | 40.13 | 37.74 | 30.65 | 28.14 | 22.5 | 11.75 |
Long-Term Leases | 1.15 | 1.9 | 0.85 | 2.15 | 3.59 | - |
Other Long-Term Liabilities | - | - | - | - | - | 0.07 |
Total Liabilities | 41.28 | 39.64 | 31.5 | 30.29 | 26.09 | 11.81 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Common Stock | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0 |
Additional Paid-In Capital | 1,023 | 995.82 | 958.7 | 654.69 | 585.32 | 584.71 |
Retained Earnings | -740.87 | -588.12 | -368.24 | -200.86 | -47.7 | -158.91 |
Comprehensive Income & Other | -0.65 | 1.02 | -0.13 | -0.13 | -2.6 | -0.84 |
Total Common Equity | 281.28 | 408.73 | 590.33 | 453.7 | 535.03 | 424.97 |
Minority Interest | - | - | - | 0.19 | - | 0.4 |
Shareholders' Equity | 281.28 | 408.73 | 590.33 | 453.9 | 535.03 | 425.37 |
Total Liabilities & Equity | 322.56 | 448.37 | 621.82 | 484.18 | 561.12 | 437.19 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Total Debt | 2 | 2.68 | 2.15 | 3.59 | 5.19 | - |
Net Cash (Debt) | 287.57 | 375.21 | 396.83 | 463.48 | 462.1 | 290.47 |
Net Cash Growth | -13.23% | -5.45% | -14.38% | 0.30% | 59.09% | 38.18% |
Net Cash Per Share | 4.68 | 6.35 | 7.38 | 11.15 | 9.91 | 6.74 |
Filing Date Shares Outstanding | 64.92 | 60.53 | 58.51 | 43.07 | 39.33 | 44.61 |
Total Common Shares Outstanding | 64.9 | 60.24 | 58.51 | 42.9 | 45.8 | 44.29 |
Working Capital | 258.02 | 349.02 | 384.02 | 452.05 | 451.97 | 284.82 |
Book Value Per Share | 4.33 | 6.78 | 10.09 | 10.58 | 11.68 | 9.59 |
Tangible Book Value | 281.28 | 408.73 | 590.33 | 453.7 | 535.03 | 424.97 |
Tangible Book Value Per Share | 4.33 | 6.78 | 10.09 | 10.58 | 11.68 | 9.59 |
Machinery | - | 0.81 | 0.77 | 0.77 | 0.68 | 0.2 |
Leasehold Improvements | - | 0.58 | 0.58 | 0.58 | 0.63 | 0.11 |