earnings
confidence high
sentiment neutral
materiality 0.70
Precision BioSciences Q1 net loss $18.4M; cash $125.8M; PBGENE-HBV and PBGENE-DMD trials advancing
PRECISION BIOSCIENCES INC
2026-Q1 EPS reported
-$0.75
revenue$10,838,000
- Net loss $18.4M ($0.75/share) vs $20.6M loss ($2.21/share) in Q1 2025.
- Revenue $10.8M (vs <$0.1M YoY) driven by $7.5M TG Therapeutics milestone payment for Azer-Cel.
- Cash, equivalents, restricted cash $125.8M as of March 31; expected funding through 2028.
- PBGENE-HBV: 16 patients treated across 5 cohorts; late-breaking poster accepted at EASL Congress May 27-30.
- PBGENE-DMD: FDA IND clearance, Fast Track; first site (Arkansas Children's Hospital) activated, enrolling patients.