CUE
CUE
Cue Biopharma, Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $21.94M ▲ | $16.78M ▲ | $1.58M ▲ | 7.22% ▲ | $0.01 ▲ | $3.14M ▲ |
| Q3-2025 | $2.15M ▼ | $9.61M ▼ | $-7.45M ▲ | -346.58% ▼ | $-0.07 ▲ | $-7.29M ▲ |
| Q2-2025 | $2.95M ▲ | $11.59M ▼ | $-8.48M ▲ | -287.14% ▲ | $-0.09 ▲ | $-7.64M ▲ |
| Q1-2025 | $421K ▼ | $12.72M ▲ | $-12.26M ▼ | -2.91K% ▼ | $-0.17 ▼ | $-11.25M ▼ |
| Q4-2024 | $1.58M | $11.21M | $-9.5M | -602.54% | $-0.13 | $-9.24M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $27.14M ▲ | $42.21M ▲ | $15.78M ▼ | $26.43M ▲ |
| Q3-2025 | $18.67M ▼ | $31.64M ▼ | $18.4M ▼ | $13.25M ▼ |
| Q2-2025 | $27.96M ▲ | $40.71M ▲ | $22.55M ▲ | $18.16M ▲ |
| Q1-2025 | $13.14M ▼ | $22.25M ▼ | $15.67M ▲ | $6.58M ▼ |
| Q4-2024 | $23.39M | $32.19M | $14.69M | $17.5M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $1.58M ▲ | $-1.08M ▲ | $7.02M ▲ | $9.49M ▲ | $15.44M ▲ | $-1.08M ▲ |
| Q3-2025 | $-7.45M ▲ | $-9.02M ▼ | $-6.77M ▼ | $1K ▼ | $-15.79M ▼ | $-9.02M ▼ |
| Q2-2025 | $-8.48M ▲ | $-3.42M ▲ | $-27K ▲ | $17.8M ▲ | $14.36M ▲ | $-3.44M ▲ |
| Q1-2025 | $-12.26M ▼ | $-8.17M ▲ | $-150K ▼ | $-1M ▼ | $-9.32M ▲ | $-8.32M ▲ |
| Q4-2024 | $-9.5M | $-9.03M | $-1K | $-932K | $-9.96M | $-9.03M |
Q2 2024 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Cue Biopharma, Inc.'s financial evolution and strategic trajectory over the past five years.
Key strengths include a differentiated immunotherapy platform that targets T cells in a highly selective, in‑vivo manner; a substantial commitment to R&D; and a growing body of intellectual property. Financially, the balance sheet currently benefits from a net cash position, low debt, and adequate short‑term liquidity, which provide some room to pursue the pipeline. Strategic partnerships with larger pharmaceutical companies further support development efforts and validate the scientific approach.
Major risks center on sustained operating losses, ongoing negative free cash flow, and the need for repeated access to external financing or partnership money to stay funded. Scientifically, there is meaningful uncertainty around whether current and future candidates will demonstrate consistent efficacy and safety in larger trials. Competitive and execution risks are also significant: the company operates against powerful incumbents, depends heavily on partners, and has flagged concerns about its ability to continue as a going concern without additional capital or successful deals.
The outlook is highly dependent on clinical milestones, partnership progress, and financing conditions rather than on near‑term financial metrics. If the autoimmune and oncology programs yield strong data and the company continues to secure supportive partnerships and funding, CUE could strengthen its position as a notable player in targeted immunotherapy. Conversely, weak trial results, partner setbacks, or constrained capital markets could weigh heavily on its ability to advance the pipeline, making the future path both promising and uncertain.
About Cue Biopharma, Inc.
https://www.cuebiopharma.comCue Biopharma, Inc., a clinical-stage biopharmaceutical company, develops biologic drugs for the selective modulation of the human immune system to treat a range of cancers, chronic infectious diseases, and autoimmune disorders.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $21.94M ▲ | $16.78M ▲ | $1.58M ▲ | 7.22% ▲ | $0.01 ▲ | $3.14M ▲ |
| Q3-2025 | $2.15M ▼ | $9.61M ▼ | $-7.45M ▲ | -346.58% ▼ | $-0.07 ▲ | $-7.29M ▲ |
| Q2-2025 | $2.95M ▲ | $11.59M ▼ | $-8.48M ▲ | -287.14% ▲ | $-0.09 ▲ | $-7.64M ▲ |
| Q1-2025 | $421K ▼ | $12.72M ▲ | $-12.26M ▼ | -2.91K% ▼ | $-0.17 ▼ | $-11.25M ▼ |
| Q4-2024 | $1.58M | $11.21M | $-9.5M | -602.54% | $-0.13 | $-9.24M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $27.14M ▲ | $42.21M ▲ | $15.78M ▼ | $26.43M ▲ |
| Q3-2025 | $18.67M ▼ | $31.64M ▼ | $18.4M ▼ | $13.25M ▼ |
| Q2-2025 | $27.96M ▲ | $40.71M ▲ | $22.55M ▲ | $18.16M ▲ |
| Q1-2025 | $13.14M ▼ | $22.25M ▼ | $15.67M ▲ | $6.58M ▼ |
| Q4-2024 | $23.39M | $32.19M | $14.69M | $17.5M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $1.58M ▲ | $-1.08M ▲ | $7.02M ▲ | $9.49M ▲ | $15.44M ▲ | $-1.08M ▲ |
| Q3-2025 | $-7.45M ▲ | $-9.02M ▼ | $-6.77M ▼ | $1K ▼ | $-15.79M ▼ | $-9.02M ▼ |
| Q2-2025 | $-8.48M ▲ | $-3.42M ▲ | $-27K ▲ | $17.8M ▲ | $14.36M ▲ | $-3.44M ▲ |
| Q1-2025 | $-12.26M ▼ | $-8.17M ▲ | $-150K ▼ | $-1M ▼ | $-9.32M ▲ | $-8.32M ▲ |
| Q4-2024 | $-9.5M | $-9.03M | $-1K | $-932K | $-9.96M | $-9.03M |
Q2 2024 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Cue Biopharma, Inc.'s financial evolution and strategic trajectory over the past five years.
Key strengths include a differentiated immunotherapy platform that targets T cells in a highly selective, in‑vivo manner; a substantial commitment to R&D; and a growing body of intellectual property. Financially, the balance sheet currently benefits from a net cash position, low debt, and adequate short‑term liquidity, which provide some room to pursue the pipeline. Strategic partnerships with larger pharmaceutical companies further support development efforts and validate the scientific approach.
Major risks center on sustained operating losses, ongoing negative free cash flow, and the need for repeated access to external financing or partnership money to stay funded. Scientifically, there is meaningful uncertainty around whether current and future candidates will demonstrate consistent efficacy and safety in larger trials. Competitive and execution risks are also significant: the company operates against powerful incumbents, depends heavily on partners, and has flagged concerns about its ability to continue as a going concern without additional capital or successful deals.
The outlook is highly dependent on clinical milestones, partnership progress, and financing conditions rather than on near‑term financial metrics. If the autoimmune and oncology programs yield strong data and the company continues to secure supportive partnerships and funding, CUE could strengthen its position as a notable player in targeted immunotherapy. Conversely, weak trial results, partner setbacks, or constrained capital markets could weigh heavily on its ability to advance the pipeline, making the future path both promising and uncertain.

CEO
Lucinda Warren
Compensation Summary
(Year 2025)
ETFs Holding This Stock
Summary
Showing Top 3 of 16
Ratings Snapshot
Rating : C
Price Target
Institutional Ownership
BLEICHROEDER LP
Shares:6.82M
Value:$4.2M
CATALYTIC WEALTH RIA, LLC
Shares:4.63M
Value:$2.85M
VANGUARD GROUP INC
Shares:3.04M
Value:$1.87M
Summary
Showing Top 3 of 70

