CRISPR Therapeutics AG CRSP
Our mission is to create transformative gene-based medicines for serious human diseases. We are a leading biopharmaceutical company focused on the development of CRISPR-based therapeutics, including by using CRISPR/Cas9 technology. CRISPR/Cas9 is a revolutionary technology for gene editing, the process of precisely altering specific sequences of genomic DNA. We have advanced this technology from discovery to an approved medicine with unparalleled speed, culminating in the landmark first approval of a CRISPR-based therapy, CASGEVY (exagamglogene autotemcel [exa-cel]), in 2023 with our collaborators at Vertex Pharmaceuticals Incorporated, or Vertex.
We have established a portfolio of therapeutic programs spanning four core franchises: hemoglobinopathies, in vivo, CAR T approaches and regenerative medicine. Depending on the program, we take either an ex vivo approach, in which we edit cells outside of the human body before administering them to the patient, or an in vivo editing approach, where we deliver the CRISPR-based therapeutic directly to target cells within the human body.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5M | $37.3M | $371.2M | $1.2M | $915.0M | $719.0K | $289.6M | $3.1M | $41.0M | $5.2M |
| R&D | $284.8M | $310.2M | $387.3M | $461.6M | $340.6M | $221.4M | $179.4M | $113.8M | $69.8M | $42.2M |
| SG&A | $73.5M | $73.0M | $76.2M | $102.5M | $99.7M | $85.7M | $63.5M | $48.3M | $35.8M | $31.1M |
| Total operating expenses | $668.1M | $503.9M | $593.7M | $674.4M | $541.4M | $355.2M | $242.8M | $162.1M | $105.6M | $73.3M |
| Operating income | -$664.6M | -$466.6M | -$222.5M | -$673.2M | $373.5M | -$354.4M | $46.7M | -$158.9M | -$64.6M | -$68.1M |
| Pre-tax income | -$578.0M | -$362.7M | -$150.7M | -$650.5M | $379.5M | -$348.1M | $67.3M | -$164.4M | -$66.6M | -$22.7M |
| Income tax | $3.6M | $3.6M | $2.9M | $325.0K | $1.9M | $809.0K | $448.0K | $553.0K | $1.7M | $484.0K |
| Net income | -$581.6M | -$366.3M | -$153.6M | -$650.2M | $377.7M | -$348.9M | $66.9M | -$165.0M | -$68.4M | -$23.2M |
| EPS, basic | -6.47 | -4.34 | -1.94 | -8.36 | 4.97 | -5.29 | 1.23 | -3.44 | -1.71 | — |
| EPS, diluted | -6.47 | -4.34 | -1.94 | -8.36 | 4.70 | -5.29 | 1.17 | -3.44 | -1.71 | -1.89 |
| Shares, diluted (wtd. avg.) | 89.9M | 84.4M | 79.2M | 77.7M | 80.4M | 65.9M | 56.9M | 48.0M | 40.1M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $347.6M | $298.3M | $389.5M | $211.9M | $923.0M | $1.17B | $943.8M | $456.6M | $239.8M | $315.5M |
| Short-term investments | $1.63B | $1.61B | $1.30B | $1.60B | $1.46B | $521.7M | $0 | — | — | — |
| Receivables | $0 | $25.0M | $200.0M | $0 | $305.0K | $144.0K | $99.0K | $88.0K | $2.6M | $3.2M |
| Total current assets | $1.99B | $1.94B | $1.91B | $1.85B | $2.42B | $1.72B | $987.5M | $466.4M | $248.4M | $320.2M |
| Property, plant and equipment | $115.9M | $134.1M | $151.9M | $163.6M | $137.6M | $42.2M | $31.3M | $18.5M | $18.9M | $21.0M |
| Other intangibles | — | $0 | $16.0K | $71.0K | $125.0K | $180.0K | $235.0K | $289.0K | $344.0K | $399.0K |
| Total assets | $2.27B | $2.24B | $2.23B | $2.24B | $2.75B | $1.83B | $1.07B | $489.0M | $271.3M | $345.0M |
| Accounts payable | $11.1M | $14.7M | $38.1M | $27.4M | $14.8M | $9.1M | $5.9M | $5.1M | $1.6M | $4.6M |
| Total current liabilities | $149.1M | $87.8M | $108.8M | $121.1M | $119.9M | $94.3M | $57.1M | $27.7M | $14.5M | $22.0M |
| Total liabilities | $343.4M | $310.0M | $346.8M | $367.6M | $352.4M | $163.7M | $127.3M | $96.8M | $83.5M | $112.1M |
| Retained earnings | -$1.95B | -$1.37B | -$999.7M | -$846.1M | -$195.9M | -$573.6M | -$224.7M | -$291.6M | -$125.4M | -$57.1M |
| Total equity | $1.92B | $1.93B | $1.88B | $1.88B | $2.40B | $1.66B | $939.4M | $392.2M | $187.8M | $232.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$345.0M | -$142.8M | -$260.4M | -$495.7M | $539.0M | -$238.4M | $56.7M | -$96.2M | -$70.1M | -$52.9M |
| Depreciation and amortisation | $19.5M | $19.3M | $19.8M | $24.2M | $18.0M | $9.2M | $4.7M | $3.5M | $3.0M | $925.0K |
| Stock-based compensation | $72.5M | $86.6M | $81.0M | $97.9M | $102.4M | $66.0M | $44.1M | $35.0M | $18.9M | $10.8M |
| Capital expenditure | $914.0K | $1.9M | $9.5M | $37.2M | $81.7M | $18.4M | $6.7M | $2.8M | $7.8M | $3.0M |
| Investing cash flow | -$31.8M | -$280.5M | $374.6M | -$258.7M | -$1.04B | -$541.2M | $1.3M | -$2.8M | -$8.3M | $31.9M |
| Financing cash flow | $426.0M | $332.0M | $62.7M | $38.6M | $250.9M | $1.02B | $431.0M | $315.9M | $2.6M | $183.2M |
| Buybacks | — | — | — | — | — | — | — | $57.0K | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-165158.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.2M | $41.0M | $3.1M | $289.6M | $719.0K | $915.0M | $1.2M | $371.2M | $37.3M | $3.5M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | -$23.2M | -$68.4M | -$165.0M | $66.9M | -$348.9M | $377.7M | -$650.2M | -$153.6M | -$366.3M | -$581.6M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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| RVMD | Revolution Medicines, Inc. | $40.08B | — | — |
| BIIB | BIOGEN INC. | $37.01B | 28.5x | 2.2% |
| EXEL | EXELIXIS, INC. | $15.99B | 23.2x | 7.0% |
| NBIX | NEUROCRINE BIOSCIENCES INC | $14.51B | 30.6x | 21.4% |
| HALO | HALOZYME THERAPEUTICS, INC. | $14.26B | 49.1x | 37.6% |