10q10k10q10k.net
Zenas BioPharma, Inc.

Zenas BioPharma, Inc.ZBIOEarnings & Financial Report

Nasdaq

ZBIO Q3 2025 Key Financial Metrics

Revenue

$0

Gross Profit

N/A

Operating Profit

$-52.6M

Net Profit

$-51.5M

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

YoY Growth

N/A

EPS

$-1.22

Zenas BioPharma, Inc. Q3 2025 Financial Summary

Zenas BioPharma, Inc. reported revenue of $0 for Q3 2025, with a net profit of $-51.5M (N/A margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$0
Net Profit$-51.5M
Gross MarginN/A
Operating MarginN/A
Report PeriodQ3 2025

Income Statement

Q3 2023Q2 2024Q3 2024Q1 2025Q2 2025Q3 2025
Revenue$50.0M$0$0$10.0M$0$0
YoY GrowthN/AN/AN/AN/AN/AN/A

Balance Sheet

Q3 2023Q2 2024Q3 2024Q1 2025Q2 2025Q3 2025
AssetsN/AN/A$403.4M$333.8M$293.1M$322.0M
LiabilitiesN/AN/A$44.0M$49.4M$53.5M$125.6M
Equity$-202.2M$-288.8M$359.4M$284.3M$239.6M$196.4M

Cash Flow

Q3 2024Q1 2025Q2 2025Q3 2025
Operating CF$-31.1M$-37.1M$-41.7M$-41.1M