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Cullinan Therapeutics, Inc.

CGEM

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Financial Statements

Values in Millions ($)
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
797588103737783102115749865
Short Term Investments
256277290229193227316476547359369402
Prepaid Expense Current
7109101014161415131310
Assets Current
342361387342276318415592678446480477
Property Plant And Equipment Net
000011111111
Operating Lease Right Of Use Asset
223112222233
Other Assets Noncurrent
000000000000
Long Term Investments
19395814024225920458--014
Assets
364403448484520580622653681449484495
Liabilities And Stockhold…
Liabilities Current
Accounts Payable Current
431223222421
Accrued Liabilities Current
363236302423282121172421
Operating Lease Liability Current
111111111112
Taxes Payable Current
----------00
Liabilities Current
413538332827312423222823
Liabilities Noncurrent
Operating Lease Liability Noncurrent
122000112222
Liabilities
423740332828312525243026
Stockholders Equity Inclu…
Preferred Stock Value
000000000000
Common Stock Value
000000000000
Additional Paid In Capital Common Stock
1,0131,004996988978968959947937664655647
Accumulated Other Comprehensive Income Loss Net Of…
-001111-01-0-0-0-1
Retained Earnings Accumulated Deficit
-691-638-588-537-487-417-368-321-280-238-201-177
Stockholders Equity
322366409451492552590628656426454469
Minority Interest
--0000000000
Liabilities And Stockholders Equity
364403448484520580622653681449484495
Preferred Stock Par Or Stated Value Per Share
000000000000
Preferred Stock Shares Authorized
101010101010101010101010
Preferred Stock Shares Issued
001111111111
Preferred Stock Shares Outstanding
001111111111
Common Stock Par Or Stated Value Per Share
000000000000
Common Stock Shares Authorized
150150150150150150150150150150150150
Common Stock Shares Issued
646160595959595858434343
Shares Outstanding
646160595959595858434343

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
202611.68%25.00%16.17%---------
202511.26%-0.13%5.28%7.25%-15.22%10.38%54.69%41.09%70.07%-3.22%-9.93%10.26%
2024-16.17%-39.45%-33.53%19.66%4.95%-2.56%-13.67%-22.85%-32.28%-1.05%-8.36%-12.89%
2023---5.44%-12.05%-18.08%-12.88%2.52%31.49%0.65%67.65%38.97%

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Performance and Valuation Metrics

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Metrics
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Liquidity Ratios
Current Ratio
8.42
10.28
10.25
10.45
9.83
11.62
13.53
24.46
28.87
20.33
17.07
20.33
Quick Ratio
8.23
10.01
10.01
10.15
9.46
11.11
13.02
23.88
28.22
19.75
16.60
19.90
Working Capital
301.35M
326.25M
349.02M
309.48M
247.85M
290.42M
384.02M
567.84M
654.32M
423.80M
452.05M
453.27M
Leverage & Debt
Debt to Equity
0.13
0.10
0.10
0.07
0.06
0.05
0.05
0.04
0.04
0.06
0.07
0.06
Debt Ratio
0.12
0.09
0.09
0.07
0.05
0.05
0.05
0.04
0.04
0.05
0.06
0.05
Efficiency & Turnover
Asset Turnover TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Per Share Metrics
Diluted EPS TTM
-
-3.67
-3.72
-3.59
-3.42
-2.95
-3.11
-2.46
-2.58
-3.08
-3.69
-3.65
Free Cash Flow Per Share TTM
-2.43
-2.96
-2.98
-2.22
-2.18
-2.55
-2.70
-2.17
-2.30
-2.83
-3.24
-3.33
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Growth Metrics
Net Income Growth (1Y)
1.66%
27.44%
31.36%
47.70%
42.06%
31.42%
9.28%
-8.07%
0.28%
-302.52%
-237.72%
-246.91%
EPS Growth (1Y)
-6.76%
24.16%
19.62%
45.86%
32.52%
-4.04%
-15.55%
-32.66%
-27.22%
-291.56%
-249.70%
-256.80%
Valuation Metrics
P/E TTM
-5.71
-3.88
-2.78
-1.65
-2.20
-2.56
-3.91
-6.80
-6.75
-5.54
-2.76
-2.48
P/B TTM
3.64
2.35
1.50
0.78
0.90
0.81
1.11
1.56
1.46
1.72
0.93
0.82
Market Cap
1.17B
859.17M
611.17M
350.31M
444.38M
445.91M
654.93M
976.56M
960.11M
732.91M
423.39M
386.74M
Enterprise Value
1.09B
784.08M
522.84M
246.98M
371.56M
369.26M
571.93M
874.48M
845.09M
658.68M
326.44M
322.07M
Calculated Values
Free Cash Flow TTM
-156.41M
-178.69M
-175.80M
-131.15M
-128.37M
-150.21M
-145.30M
-126.81M
-126.81M
-121.57M
-134.48M
-142.22M
Net Debt
-78.64M
-75.08M
-88.33M
-103.34M
-72.82M
-76.66M
-83.01M
-102.09M
-115.02M
-74.23M
-96.96M
-64.67M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-05-05Sale
Owner: Michaelson, Jennifer
Title: Chief Scientific Officer
Shares: 8,000
Price/Share: $15.09
Value: $120,720.00
Shares Owned: 166,844
Relationship: Officer
Ownership: Direct
2026-03-05Sale
Owner: Michaelson, Jennifer
Title: Chief Scientific Officer
Shares: 8,000
Price/Share: $15.68
Value: $125,440.00
Shares Owned: 170,844
Relationship: Officer
Ownership: Direct
2026-02-25Sale
Owner: Michaelson, Jennifer
Title: Chief Scientific Officer
Shares: 1,780
Price/Share: $14.14
Value: $25,169.20
Shares Owned: 174,844
Relationship: Officer
Ownership: Direct
2026-02-24Sale
Owner: Jones, Jeffrey Alan
Title: Chief Medical Officer
Shares: 4,582
Price/Share: $14.47
Value: $66,301.54
Shares Owned: 159,968
Relationship: Officer
Ownership: Direct
2026-02-24Sale
Owner: Michaelson, Jennifer
Title: Chief Scientific Officer
Shares: 3,601
Price/Share: $14.47
Value: $52,106.47
Shares Owned: 176,624
Relationship: Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
104.20%
Inst. Shares: 62,999,122
Shares Outstanding: 60,462,000
2025-12-31
106.40%
Inst. Shares: 62,831,420
Shares Outstanding: 59,050,000
2025-09-30
102.80%
Inst. Shares: 60,727,632
Shares Outstanding: 59,075,000
2025-06-30
105.06%
Inst. Shares: 62,003,136
Shares Outstanding: 59,015,000
2025-03-31
108.61%
Inst. Shares: 63,975,041
Shares Outstanding: 58,905,000

Cullinan Therapeutics, Inc. (CGEM) — SEC Financial Statements & Analysis

Cullinan Therapeutics, Inc. (CGEM) is a biological products, (no diagnostic substances) company, incorporated in DE. Cullinan Therapeutics, Inc. trades on Nasdaq as: CGEM. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Cullinan Therapeutics, Inc. reported a Debt-to-Equity ratio of 0.13x, a Price-to-Book (P/B) ratio of 3.64x (TTM), at a market cap of $1.17B. Figures below are sourced from SEC EDGAR, as-filed.

Debt To Equity
0.13x
P/B TTM
3.64x
Market Cap
$1.17B

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Cullinan Therapeutics, Inc. in?

Cullinan Therapeutics, Inc. (CGEM) operates in the Biological Products, (No Diagnostic Substances) industry.

What is CGEM's market cap?

Cullinan Therapeutics, Inc. (CGEM) has a market capitalization of $1.17B as of 2026-06-30.

What exchange does CGEM trade on?

Cullinan Therapeutics, Inc. (CGEM) trades on the Nasdaq.

Where is Cullinan Therapeutics, Inc. incorporated?

Cullinan Therapeutics, Inc. is incorporated in DE.

Wall Street's data.
Main Street's price.