earnings
confidence high
sentiment neutral
materiality 0.65
Prelude Q3 net loss $19.7M; cash into 2027; JAK2/KAT6A IND timelines set
Prelude Therapeutics Inc
2025-Q3 EPS
reported -$1.09
vs consensus -$0.37
▼ miss
(-192.5%)
- Q3 net loss $19.7M ($0.26/sh) vs $32.3M ($0.43) YoY; cash $58.2M at Sep 30.
- Received $60M upfront from Incyte for exclusive option on JAK2V617F inhibitor; cash runway into 2027.
- JAK2V617F JH2 inhibitor IND filing expected Q1 2026; oral KAT6A degrader IND mid-2026.
- Preclinical data for JAK2 inhibitor and mCALR DAC accepted for oral ASH Dec 2025 presentations.
- Expanded AbCellera collaboration; additional license payment received in Oct 2025.