NASDAQ : GENB

Generate Biomedicines, Inc. — Financial statements

Healthcare · Biotechnology · United States

Last price 14.46 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.86B

Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports

Financial statements

Generate Biomedicines, Inc. (GENB) reported revenue of 26.48M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024
Revenue26.48M31.89M20.46M
Cost of Revenue240.28M224.70M175.31M
Gross Profit-213.80M-192.81M-154.85M
Selling, General & Admin48.69M42.26M42.09M
Operating Expenses48.69M42.26M42.09M
Operating Income-262.49M-235.06M-196.94M
Interest Expense-798.00K-1.14M-2.12M
Interest & Investment Income13.13M13.66M18.12M
Currency Exchange Gain (Loss)-106.00K-149.00K-79.00K
Other Non Operating Income (Expenses)-476.00K-113.00K-154.00K
Pretax Income-250.73M-222.80M-181.17M
Income Tax Expense144.00K163.00K212.00K
Earnings From Continuing Operations-250.88M-222.97M-181.38M
Minority Interest in Earnings13.14M19.81M7.61M
Net Income-237.74M-203.15M-173.77M
Preferred Dividends & Other Adjustments30.93M46.37M40.01M
Net Income to Common-268.67M-249.52M-213.78M
Shares Outstanding (Basic)82.01M50.09M48.74M
Shares Outstanding (Diluted)82.01M50.09M48.74M
EPS (Basic)-3.28-4.98-4.39
EPS (Diluted)-3.28-4.98-4.39
Free Cash Flow-244.34M-204.13M-121.20M
Free Cash Flow Per Share-2.98-4.08-2.49
Operating Margin-991.15%-737.04%-962.60%
Profit Margin-1,014.51%-782.38%-1,044.90%
Free Cash Flow Margin-922.65%-640.06%-592.39%
EBITDA-249.55M-221.89M-181.59M
D&A For EBITDA12.94M13.18M15.35M
EBIT-262.49M-235.06M-196.94M

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024
Cash & Equivalents135.36M121.65M176.27M
Short-Term Investments322.06M99.85M217.36M
Cash & Short-Term Investments457.42M221.50M393.63M
Receivables308.00K
Prepaid Expenses12.84M12.53M12.13M
Restricted Cash339.00K1.43M
Total Current Assets470.25M234.37M407.49M
Property, Plant & Equipment82.38M89.01M101.07M
Other Long-Term Assets9.06M6.81M9.70M
Total Assets561.69M330.18M518.26M
Accounts Payable5.55M3.84M5.67M
Accrued Expenses22.78M39.54M19.34M
Current Portion of Leases13.62M15.01M16.72M
Current Unearned Revenue12.17M21.19M42.42M
Other Current Liabilities2.52M2.63M2.48M
Total Current Liabilities56.64M82.20M86.63M
Long-Term Leases49.01M53.52M60.26M
Long-Term Unearned Revenue4.51M15.17M
Other Long-Term Liabilities116.00K349.00K
Total Liabilities105.64M140.35M162.40M
Common Stock128.00K50.00K50.00K
Additional Paid-In Capital1.26B60.17M38.45M
Retained Earnings-804.99M-676.29M-473.14M
Comprehensive Income & Other-129.00K106.00K118.00K
Total Common Equity456.05M-615.97M-434.52M
Minority Interest-7.23M-571.00K
Shareholders' Equity456.05M189.83M355.86M
Total Liabilities & Equity561.69M330.18M518.26M
Total Debt62.63M68.53M76.97M
Net Cash (Debt)394.79M152.97M316.65M
Net Cash Per Share4.813.056.50
Filing Date Shares Outstanding128.35M50.30M49.66M
Total Common Shares Outstanding128.27M50.30M49.66M
Working Capital413.62M152.16M320.87M
Book Value Per Share3.56-12.24-8.75
Tangible Book Value456.05M-615.97M-434.52M
Tangible Book Value Per Share3.56-12.24-8.75
Machinery48.00M42.92M19.61M
Construction In Progress1.47M4.11M886.00K
Leasehold Improvements11.26M9.66M9.63M

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024
Net Income-237.74M-203.15M-173.77M
Depreciation & Amortization12.94M13.18M15.35M
Loss (Gain) From Sale of Assets-64.00K-64.00K-10.00K
Loss (Gain) From Sale of Investments-1.60M-2.78M-5.45M
Stock-Based Compensation24.98M20.58M19.46M
Other Operating Activities-4.61M-13.76M-1.45M
Change in Accounts Receivable340.00K308.00K-213.00K
Change in Accounts Payable-179.00K-2.13M3.50M
Change in Unearned Revenue-26.48M-31.89M34.54M
Change in Other Net Operating Assets-4.60M19.10M-9.71M
Operating Cash Flow-237.02M-200.62M-117.75M
Capital Expenditures-7.32M-3.51M-3.45M
Sale of Property, Plant & Equipment10.00K
Investment in Securities-161.00M120.28M-54.29M
Investing Cash Flow-168.32M116.77M-57.73M
Long-Term Debt Repaid-8.16M-11.12M
Net Debt Issued (Repaid)-5.21M-8.16M-11.12M
Issuance of Common Stock373.38M1.10M1.13M
Other Financing Activities17.87M13.12M5.00M
Financing Cash Flow386.07M28.06M91.33M
Net Cash Flow-19.27M-55.79M-84.15M
Free Cash Flow-244.34M-204.13M-121.20M
Free Cash Flow Margin-922.65%-640.06%-592.39%
Free Cash Flow Per Share-2.98-4.08-2.49
Levered Free Cash Flow-119.10M
Unlevered Free Cash Flow-118.39M
Cash Income Tax Paid163.00K163.00K212.00K
Change in Working Capital-30.92M-14.62M28.12M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024
Market Capitalization1.86B
Enterprise Value1.46B
Debt / Equity Ratio0.140.360.22
Net Debt / Equity Ratio-0.87-0.81-0.89
Net Debt / EBITDA Ratio1.580.691.74
Net Debt / FCF Ratio1.620.752.61
Asset Turnover0.07
Quick Ratio8.082.694.55
Current Ratio8.302.854.70
Return on Equity (ROE)-81.72%
Return on Assets (ROA)-34.63%
Return on Capital Employed (ROCE)-52.00%-94.80%-45.60%
Buyback Yield / Dilution-2.77%