FATE THERAPEUTICS INC

FATE THERAPEUTICS INCFATEEarnings & Financial Report

Nasdaq · Health Care · Biological Products, (No Diagnostic Substances)

Insys Therapeutics was an American specialty pharmaceutical company based in Chandler, Arizona in 1990. Its main product was Subsys, a sublingual liquid form of the drug fentanyl. Fentanyl is an extremely fast-acting and powerful opioid used to relieve breakthrough pain in cancer patients, and prescription of fentanyl in the US for such pain usually requires documented failure of more conservative therapies.

Revenue

$1.9M

Gross Profit

N/A

Operating Profit

$-51.1M

Net Profit

$-48.0M

Gross Margin

N/A

Operating Margin

-2652.9%

Net Margin

-2493.7%

YoY Growth

-96.7%

EPS

$-0.47

FATE THERAPEUTICS INC Q1 FY2024 Financial Summary

FATE THERAPEUTICS INC reported revenue of $1.9M (down 96.7% YoY) for Q1 FY2024, with a net profit of $-48.0M (down 154.2% YoY) (-2493.7% margin).

Key Financial Metrics

Total Revenue$1.9M
Net Profit$-48.0M
Gross MarginN/A
Operating Margin-2652.9%
Report PeriodQ1 FY2024

FATE THERAPEUTICS INC Annual Revenue by Year

FATE THERAPEUTICS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $6.6M).

YearAnnual Revenue
2025$6.6M
2024$13.6M
2023$63.5M
2022$96.3M

FATE THERAPEUTICS INC Quarterly Revenue & Net Profit History

FATE THERAPEUTICS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$1.4M-26.4%N/AN/A
Q3 FY2025$1.7M-43.4%$-32.3M-1852.4%
Q2 FY2025$1.9M-71.8%$-34.1M-1786.6%
Q1 FY2025$1.6M-15.4%$-37.6M-2309.5%
Q4 FY2024$1.9M+11.0%N/AN/A
Q3 FY2024$3.1M+58.1%$-47.7M-1551.0%
Q2 FY2024$6.8M+625.8%$-38.4M-567.4%
Q1 FY2024$1.9M-96.7%$-48.0M-2493.7%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$1.9M$6.8M$3.1M$1.9M$1.6M$1.9M$1.7M$1.4M
YoY Growth-96.7%625.8%58.1%11.0%-15.4%-71.8%-43.4%-26.4%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$569.9M$528.8M$495.0M$440.7M$398.7M$371.6M$343.7M$318.9M
Liabilities$143.8M$131.8M$132.6M$122.0M$110.3M$110.3M$109.6M$111.8M
Equity$426.1M$397.0M$362.3M$318.7M$288.4M$261.4M$234.1M$207.2M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-33.4M$-32.3M$-29.4M$-122.9M$-33.8M$-24.6M$-24.4M$-106.1M