Beam Therapeutics Inc.
Business
Beam Therapeutics is a biotechnology company developing precision genetic medicines using proprietary base editing technology that modifies single DNA bases without double-stranded breaks. The company offers a platform combining base editors, delivery modalities (ex vivo and in vivo), and internal manufacturing capabilities. Lead programs include risto-cel for sickle cell disease, BEAM-302 for alpha-1 antitrypsin deficiency, and programs for phenylketonuria and glycogen storage disease, with development in hematology and genetic disease portfolios. The company operates in clinical development stages with programs in the United States and partnerships with major pharmaceutical companies.
Summary from 10-K filed 2026-02-24
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| License and collaboration revenue | 140 | 64 | 378 | 61 | 52 | |
| Research and development | 410 | 368 | 437 | 312 | 387 | |
| General and administrative | 114 | 112 | 117 | 88 | 57 | |
| Total operating expenses | 523 | 479 | 554 | 399 | 444 | |
| Loss from operations | −384 | −416 | −176 | −338 | −392 | |
| Change in fair value of derivative liabilities | 700,000 | 2 | 8 | 24 | −1 | |
| Change in fair value of non-controlling equity investments | 4 | −14 | −19 | 20 | 18 | |
| Change in fair value of contingent consideration liabilities | 180,000 | 2 | 10 | — | — | |
| Gain on sale of equity method investment | 255 | — | — | −26 | — | |
| Interest and other income (expense), net | 44 | 49 | 47 | 15 | −9,000 | |
| Total other income (expense) | 304 | 39 | 45 | 78 | 22 | |
| Net loss before income taxes | −80 | −377 | −131 | −260 | −371 | |
| Provision for income taxes | 0 | −39,000 | −1 | −3 | 0 | |
| Net loss | −80 | −377 | −133 | −289 | −371 | |
| Unrealized gain (loss) on marketable securities | 432,000 | 75,000 | 3 | −2 | −41,000 | |
| Comprehensive loss | −80 | −377 | −129 | −291 | −371 | |
| Net loss per common share, basic | −0.81 | −4.58 | −1.72 | −4.13 | −5.77 | |
| Net loss per common share, diluted | −0.81 | −4.58 | −1.72 | −4.13 | −5.77 | |
| Weighted - average common shares outstanding, basic | 99 | 82 | 77 | 70 | 64 | |
| Weighted - average common shares outstanding, diluted | 99 | 82 | 77 | 70 | 64 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 295 | 282 | 436 | 233 | 560 | |
| Marketable securities | 950 | 569 | — | — | — | |
| Prepaid expenses and other current assets | 23 | 27 | 21 | 15 | 7 | |
| Total current assets | 1,269 | 878 | 1,211 | 1,093 | 1,273 | |
| Property and equipment, net | 105 | 111 | 125 | 116 | 84 | |
| Restricted cash | 7 | 8 | 9 | 13 | 13 | |
| Operating lease right-of-use assets | 101 | 105 | 113 | 119 | 103 | |
| Other assets | 634,000 | 1 | 2 | 2 | 2 | |
| Total assets | 1,481 | 1,104 | 1,460 | 1,342 | 1,474 | |
| Accounts payable | 10 | 4 | 2 | 9 | 7 | |
| Accrued expenses and other current liabilities | 55 | 47 | — | — | — | |
| Current portion of derivative liabilities | 8 | 8 | 11 | 18 | 42 | |
| Current portion of deferred revenue | 7 | 109 | 69 | 136 | 86 | |
| Current portion of lease liability | 14 | 13 | 13 | 10 | 8 | |
| Current portion of contingent consideration liabilities | 3 | — | — | — | — | |
| Total current liabilities | 97 | 182 | 206 | 224 | 213 | |
| Long-term lease liability | 140 | 148 | 160 | 169 | 135 | |
| Long-term portion of contingent consideration liabilities | 6 | 1 | 3 | 12 | 31 | |
| Long-term portion of deferred revenue | 0 | 33 | 110 | 202 | 262 | |
| Long-term portion of derivative liabilities | 0 | 5 | — | — | — | |
| Other liabilities | 173,000 | 504,000 | 298,000 | 1 | 3 | |
| Total liabilities | 243 | 370 | 478 | 608 | 648 | |
| Commitments and contingencies (See Note 9, License and other agreements and Note 10, Collaboration and license agreements) | — | — | — | — | — | |
| Preferred stock, $0.01 par value; 25,000,000 shares authorized, and no shares issued or outstanding at December 31, 2025 and December 31, 2024 respectively | — | — | — | — | — | |
| Common stock, $0.01 par value; 250,000,000 shares authorized, 101,748,962 and 83,633,069 issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 1 | 836,000 | 816,000 | 712,000 | 684,000 | |
| Additional paid-in capital | 2,877 | 2,299 | 2,170 | 1,793 | 1,594 | |
| Accumulated other comprehensive (loss) income | 1 | 679,000 | 604,000 | −2 | −50,000 | |
| Accumulated deficit | −1,600 | −1,567 | −1,190 | −1,057 | −768 | |
| Total stockholders' equity | 1,238 | 734 | 981 | 733 | 827 | |
| Total liabilities and stockholders' equity | 1,481 | 1,104 | 1,460 | 1,342 | 1,474 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net loss | −80 | −377 | −133 | −289 | −371 | |
| Depreciation and amortization | 22 | 22 | 20 | 14 | 7 | |
| Amortization of investment discount (premiums) | −16 | −23 | −30 | −9 | −75,000 | |
| In-process research and development charge | 15 | 0 | 0 | — | 155 | |
| Stock-based compensation expense | 94 | 121 | 99 | 84 | 44 | |
| Change in operating lease right-of-use assets | 10 | 10 | 10 | 8 | 9 | |
| Realized loss (gain) on sale of marketable securities | 399,000 | 0 | 0 | — | — | |
| Gain on sale of equity method investment | −255 | 0 | 0 | — | — | |
| Prepaid expenses and other current assets | 5 | −5 | −7 | −8 | 746,000 | |
| Accounts payable | 6 | 2 | −8 | 2 | 818,000 | |
| Accrued expenses and other liabilities | 8 | −58 | 68 | −17 | 44 | |
| Operating lease liabilities | −14 | −13 | −10 | 12 | 16 | |
| Deferred revenue | −135 | −37 | −160 | −36 | 348 | |
| Other long-term liabilities | −330,000 | 473,000 | −194,000 | −3 | 2 | |
| Net cash provided by (used in) operating activities | −345 | −347 | −149 | 23 | −66 | |
| Purchases of property and equipment | −15 | −9 | −34 | −49 | −47 | |
| Purchases of marketable securities | −1,210 | −486 | −984 | −1,617 | −777 | |
| Maturities of marketable securities | 842 | 680 | 1,090 | 1,205 | 529 | |
| Proceeds from sale of marketable securities | 6 | 0 | 0 | — | — | |
| Cash paid for acquisition, net | −78,000 | 0 | 0 | — | — | |
| Proceeds from sale of equity method investment | 255 | 0 | 0 | — | — | |
| Net cash provided by (used in) investing activities | −121 | 185 | 72 | −461 | −294 | |
| Proceeds from issuance of common shares and pre-funded warrants, net of issuance costs | 471 | 0 | 236 | — | — | |
| Proceeds from issuances of stock under ESPP | 3 | 3 | 3 | 3 | — | |
| Equipment financings, net | 0 | −485,000 | −2 | −2 | −2 | |
| Proceeds from exercise of stock options | 5 | 6 | 6 | 3 | 10 | |
| Proceeds from private stock issuance | 0 | 0 | 34 | — | — | |
| Net cash provided by (used in) financing activities | 478 | 8 | 276 | 112 | 756 | |
| Net change in cash, cash equivalents and restricted cash | 12 | −155 | 199 | −327 | 396 | |
| Cash paid for interest | 0 | 32,000 | 160,000 | 376,000 | 567,000 | |
| Property and equipment additions in accounts payable and accrued expenses | 1 | 834,000 | 1 | 6 | 9 | |
| Operating lease liabilities arising from obtaining right-of-use assets | 6 | −2 | 4 | 41 | — | |
| Contingent consideration liabilities assumed in acquisition | 8 | 0 | 0 | — | 37 | |
| Fair value of equity instruments issued in connection with acquisition | 7 | 0 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Beam Therapeutics Inc.'s CIK number?
Beam Therapeutics Inc.'s SEC CIK number is 0001745999 (1745999). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Beam Therapeutics Inc.'s SEC filings?
All of Beam Therapeutics Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Beam Therapeutics Inc. last report earnings?
Beam Therapeutics Inc. (BEAM) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-210299). This is Beam Therapeutics Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Beam Therapeutics Inc.'s most recent earnings 8-K?
Beam Therapeutics Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-210299. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Beam Therapeutics Inc.'s latest earnings 8-K →
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