20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Crescent Biopharma, Inc. (CBIO) operates in the BIOTECHNOLOGY industry and is headquartered in Waltham, United States with about 69 employees. Its market capitalization is roughly $776 million. In the fiscal year ended 2025-12-31, CBIO reported $11M in revenue and ($154M) in net income.
Crescent Biopharma, Inc., a biotechnology company, researches and develops cancer therapy candidates in the United States. Its pipeline includes CR-001, which is in Phase 3 clinical trial, a proprietary anti-PD-1/anti-VEGF bispecific antibody to treat solid tumors; and CR-002, and CR-003.
Interactive charts & full statements → Open the CBIO valuation workbench →
| Income statement | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $42M | $11M | — | $0M | $0M | $1M | $10M | — | — | — | $0M | $20M | $15M | $4M | $15M | $4M |
| Gross Profit | — | $11M | $0M | $0M | $0M | $1M | $10M | ($1M) | $0M | $0M | $0M | $20M | $15M | $4M | $15M | $4M |
| Gross Margin % | — | 100.0% | — | 100.0% | 100.0% | 100.0% | 100.0% | — | — | — | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 97.8% |
| Operating Income (EBIT) | ($168M) | ($153M) | ($50M) | ($39M) | ($47M) | ($63M) | ($52M) | ($61M) | ($52M) | ($34M) | ($32M) | ($13M) | ($11M) | ($11M) | $4M | ($6M) |
| Operating Margin % | -396.9% | -1407.5% | — | -392752.9% | -63204.4% | -5470.7% | -506.8% | — | — | — | -172505.3% | -63.7% | -74.1% | -265.6% | 23.8% | -159.5% |
| Net Income | ($163M) | ($154M) | ($49M) | ($37M) | ($47M) | ($63M) | ($51M) | ($54M) | ($48M) | ($33M) | ($32M) | ($13M) | ($11M) | ($11M) | $4M | ($6M) |
| Net Margin % | -383.9% | -1419.6% | — | -368994.2% | -62251.7% | -5469.0% | -502.1% | — | — | — | -171945.1% | -63.6% | -74.0% | -265.6% | 24.0% | -160.3% |
| EBITDA | ($163M) | ($150M) | ($44M) | ($39M) | ($47M) | ($63M) | ($51M) | ($57M) | ($51M) | ($34M) | ($32M) | ($13M) | ($11M) | ($10M) | $4M | ($6M) |
| Earnings Per Share (EPS) | $-7.58 | $-14.78 | $-63.22 | $-37.00 | $-47.00 | $-63.00 | $-111.60 | $-125.11 | $-117.61 | $-113.22 | $-149.65 | $-67.17 | $-60.27 | $-199.32 | $305.64 | $-32.55 |
| Shares Outstanding (M) | 31M | — | 1M | 1M | 1M | 1M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $0M | $1M | $11M | $31M | $0M | $0M | $0M | — |
| Gross Profit | — | $1M | $11M | $29M | $0M | — | $0M | $0M |
| Gross Margin % | — | 100.0% | 100.0% | 94.7% | — | — | — | — |
| Operating Income (EBIT) | ($26M) | ($25M) | ($91M) | ($26M) | ($21M) | ($14M) | ($17M) | ($11M) |
| Operating Margin % | — | -2380.1% | -843.7% | -84.7% | — | — | — | — |
| Net Income | ($23M) | ($23M) | ($92M) | ($25M) | ($22M) | ($15M) | ($18M) | ($10M) |
| Net Margin % | — | -2240.9% | -852.1% | -80.5% | — | — | — | — |
| EBITDA | ($25M) | ($23M) | ($90M) | ($25M) | ($21M) | ($14M) | $18M | ($6M) |
| Earnings Per Share (EPS) | $-0.74 | $-0.77 | $-4.58 | $-1.49 | $-5.65 | $-19.63 | $-18.00 | $-10.00 |
| Shares Outstanding (M) | 31M | 30M | 20M | 17M | 4M | 1M | 1M | 1M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | ($73M) | ($72M) | ($31M) | ($35M) | ($46M) | ($57M) | ($39M) | ($52M) | ($43M) | ($30M) | ($30M) | ($8M) | ($4M) | ($16M) | ($10M) | $14M |
| Capital Expenditures (CapEx) | $81M | $73M | $0M | $0M | $0M | $0M | $0M | $0M | $0M | $0M | $1M | $0M | $0M | $0M | $0M | $0M |
| Free Cash Flow (FCF) | ($154M) | ($144M) | ($31M) | ($35M) | ($47M) | ($58M) | ($39M) | ($52M) | ($43M) | ($30M) | ($30M) | ($9M) | ($4M) | ($16M) | ($11M) | $14M |
| FCF Margin % | -361.9% | -1332.1% | — | -349013.0% | -62055.6% | -4958.3% | -386.8% | — | — | — | -164516.0% | -42.4% | -29.9% | -391.2% | -70.7% | 358.4% |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | ($19M) | ($9M) | ($27M) | ($18M) | ($16M) | ($11M) | ($4M) | ($8M) |
| Capital Expenditures (CapEx) | $0M | $8M | $72M | $1M | $0M | $0M | $0M | $0M |
| Free Cash Flow (FCF) | ($19M) | ($17M) | ($99M) | ($18M) | ($17M) | ($11M) | ($4M) | ($8M) |
| FCF Margin % | — | -1644.3% | -912.3% | -59.3% | — | — | — | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $183M | $240M | $36M | $45M | $52M | $94M | $143M | $168M | $215M | $129M | $42M | $48M | $57M | $5M | $18M | $29M |
| Cash & Cash Equivalents | $172M | $213M | $35M | $42M | $48M | $90M | $137M | $158M | $210M | $124M | $40M | $47M | $55M | $2M | $17M | $28M |
| Total Liabilities | $20M | $37M | $51M | $7M | $9M | $13M | $15M | $14M | $9M | $9M | $7M | $8M | $6M | $2M | $6M | $20M |
| Total Debt (Short + Long-Term) | $0M | $0M | $38M | $1M | $1M | $1M | $1M | $1M | $0M | $0M | $0M | $0M | $0M | $0M | $0M | $0M |
| Total Shareholders' Equity | $163M | $203M | ($15M) | $38M | $43M | $82M | $128M | $154M | $205M | $120M | $35M | $40M | $51M | $3M | $13M | $8M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive CBIO viewer.
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