Crescent Biopharma Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Revenue	11.88	10.84	-	0.01	0.08	1.16
Revenue Growth (YoY)	-	-	-	-86.67%	-93.53%	-88.59%
Gross Profit	11.88	10.84	-	0.01	0.08	1.16
Selling, General & Admin	29.66	25.39	18.25	19.21	19.09	17.12
Research & Development	145.36	138.09	14.26	20.07	28.39	47.49
Other Operating Expenses	-	-	7.53	-	-	-
Total Operating Expenses	175.02	163.48	40.04	39.29	47.48	64.61
Operating Income	-163.14	-152.63	-40.04	-39.28	-47.4	-63.45
Interest Income	4.13	2.88	0.94	2.38	0.71	0.02
Interest Expense	-1.07	-2.19	-	-	-	-
Other Non-Operating Income (Expense)	2.37	-	3.39	2.38	-	-
Total Non-Operating Income (Expense)	5.43	0.69	4.32	4.75	0.71	0.02
Pretax Income	-157.7	-151.94	-35.72	-34.52	-46.69	-63.43
Net Income	-162.08	-153.94	-37.88	-36.9	-46.69	-63.43
Net Income to Common	-162.08	-153.94	-37.88	-36.9	-46.69	-63.43
Shares Outstanding (Basic)	18	10	1	1	1	1
Shares Outstanding (Diluted)	18	10	1	1	1	1
Shares Change (YoY)	2331.49%	1515.08%	1.79%	20.58%	2.10%	12.54%
EPS (Basic)	-10.91	-12.81	-59.00	-58.00	-89.00	-123.00
EPS (Diluted)	-10.91	-12.81	-59.00	-58.00	-89.00	-123.00
Shares Outstanding	30.46	27.56	1.02	0.64	0.54	0.52
Free Cash Flow	-76.43	-72.45	-6.27	-34.9	-46.54	-57.5
Free Cash Flow Per Share	-4.31	-6.96	-9.72	-55.10	-88.60	-111.76
Gross Margin	100.00%	100.00%	-	100.00%	100.00%	100.00%
Operating Margin	-1372.85%	-1407.52%	-	-392753.00%	-63204.40%	-5470.69%
Profit Margin	-1363.94%	-1419.61%	-	-368994.00%	-62251.70%	-5468.98%
FCF Margin	-643.18%	-668.12%	-	-349013.00%	-62055.60%	-4958.28%
EBITDA	-162.99	-152.55	-40.04	-39.12	-47.2	-63.18
EBITDA Margin	-1371.61%	-1406.75%	-	-391220.00%	-62928.20%	-5447.87%
EBIT	-163.14	-152.63	-40.04	-39.28	-47.4	-63.45
EBIT Margin	-1372.85%	-1407.52%	-	-392753.00%	-63204.40%	-5470.69%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q