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MARKETS / NASDAQ / QTTB
NASDAQ · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Q32 Bio Inc. QTTB

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$53.7M
$29.8M
$-33.5M
In brief

What this company does

Its most advanced product candidate, bempikibart (ADX-914), is a fully human anti-interleukin-7 receptor alpha antagonist monoclonal antibody designed to re-regulate adaptive immune function. The company has completed two Phase 2a clinical trials evaluating bempikibart: SIGNAL-AA Part A for the treatment of alopecia areata, and SIGNAL-AD for the treatment of atopic dermatitis. The company was incorporated under the laws of the State of Delaware on April 10, 2017, and its principal executive office is located at 830 Winter Street, Waltham, Massachusetts. As of December 31, 2025, the company had 24 full-time employees, of which 3 have M.D. or Ph.D. degrees, with 13 employees engaged in research and development and 11 in general management and administration.

Written from the business description in Q32 Bio Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 10 March 2026. Every sentence was checked against that document before publication.

Growth
USD 53.7M
Revenue, FY2025 · full 9-year series below
Revenue $M Net income $M
FY2025 · Revenue 53.7 · Net income 29.8
20M40M-50M-100M201720182019202020212022202320242025
Compound annual growth
+155.9%
+81.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +81.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
55 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 31.5% · Net 55.5%
500%1000%1500%-2000%-4000%-6000%201720182019202020212022202320242025
ROE
FY2025 · ROE 125.1%
50%100%-20%-40%-60%201720182019202020212022202320242025

Each USD of equity produced 125 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -33.5
-40M-80M201720182019202020212022202320242025

Total assetsUSD 61.8M
EquityUSD 42.0M
CashUSD 48.3M
Current ratio4.85×

Equity funds 68% of total assets.

The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017
Revenue $B0.10.0−0.00.00.00.00.00.0·
Operating income $B0.0−0.1−0.0−0.1−0.1−0.1−0.1−0.1−0.0
EBITDA $B0.0−0.1−0.0−0.1−0.1−0.1−0.1−0.1−0.0
Income tax $B0.00.00.00.00.00.00.00.00.0
Net income $B0.0−0.0−0.1−0.0−0.1−0.1−0.1−0.1−0.0
Free cash flow $B−0.0−0.1−0.0−0.1−0.1−0.1−0.1−0.10.0
EPS, diluted $2.42−6.58−153.96−0.09−1.73−2.80−2.47−1.95−12.10
Dividend / sh $·········
Payout %·········
ROE %125.1··−25.7−52.4−56.6−45.7−70.8·
Shares out B0.010.010.000.060.060.050.050.040.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 36 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 40 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2017

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