CGEM — Cullinan Therapeutics, Inc.

Nasdaq · Health Care · Biotechnology · CIK 1789972 ·
Last close
$21.82
Market Cap
$1.40B
52W High
$22.54
52W Low
$11.68
ADV30
636,650
Next earnings
2026-11-05
Cullinan Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops therapies for autoimmune diseases and cancer in the United States. It engages in the development of CLN-978, a CD19xCD3 bispecific T cell engager for autoimmune diseases in Phase 1 clinical trials; Velinotamig, a BCMAxCD3 bispecific T cell in Phase 1 clinical trials in patients with autoimmune diseases; and CLN-049, a FLT3xCD3 bispecific T cell engager, which is in Phase 1 clinical trials in patients with relapsed and refractory acute myeloid leukemia or myelodysplastic syndrome. The company is also developing Zipalertinib, an orally available small-molecule, irreversible epidermal growth factor receptor inhibitor in Phase 2b portion of the REZILIENT1 clinical trial in patients with EGFR ex20ins non-small cell lung cancer. It has a license agreement with Chongqing Genrix Biopharmaceutical Co., Ltd to develop and commercialize velinotamig; a co-development agreement with Taiho Pharmaceutical Co., Ltd to develop zipalertinib; and a collaboration agreement with Adimab, LLC to discover and/or optimize antibodies. The company was formerly known as Cullinan Oncology, Inc. and changed its name to Cullinan Therapeutics, Inc. in April 2024. Cullinan Therapeutics, Inc. was incorporated in 2016 and is headquartered in Cambridge, Massachusetts.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Jun 2026 0 -57,254,000 -53,704,000 363,787,000 78,640,000 42,033,000
Mar 2026 0 -53,697,000 -49,661,000 402,984,000 75,081,000 36,812,000
Dec 2025 0 -55,259,000 -50,713,000 448,374,000 88,332,000 39,644,000
Sep 2025 0 -55,595,000 -50,610,000 484,126,000 103,335,000 32,757,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-159,250,000
Investing CF
$162,875,000
Financing CF
$2,195,000
CapEx
$-11,000
Dividends Paid
Buybacks
EPS Diluted TTM
$-3.10
As of
2026-08-09

Balance + Analyst (yfinance extras)

Retained Earnings
$-691,484,000
Inventory
Receivables
ST Investments
$255,898,000
EBIT TTM
$-221,805,000
Pretax Income TTM
$-204,688,000
Interest Exp TTM
Analysts
11

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 0 -241,648,000 -219,879,000 448,374,000 39,644,000 -175,750,000
Dec 2024 0 -196,919,000 -167,383,000 621,824,000 31,496,000 -145,303,000
Dec 2023 0 -190,649,000 -153,162,000 484,182,000 30,287,000 -134,275,000
Dec 2022 0 -132,137,000 111,214,000 561,117,000 26,088,000 -126,664,000

TTM Snapshot

Revenues TTM
NetIncome TTM
OpCashFlow TTM
Assets (Latest)
Forward EPS
$-2.71

Max Pain — expiry 2026-12-18

max pain strike: $15.00 · spot: $22.83 · call oi: 837 · put oi: 853
Expected Move to 2026-12-18: ±$9.05 (39.63%) — implied range $13.78$31.88 · ATM straddle on $22.00 strike

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SLBT SL Science Holding Ltd $1.52B $2.71
INBX Inhibrx Biosciences, Inc. $1.54B $104.94

News headlines (Yahoo Finance, 1h cache)

Zipalertinib Plus Chemotherapy First-Line Phase 3 REZILIENT3 Trial Data Selected for Presidential Symposium Presentation at the IASLC 2026 World Conference on Lung Cancer
2026-08-19 16:03 · Yahoo
Zipalertinib Plus Chemotherapy Meets Primary Endpoint of Progression-Free Survival in Planned Interim Analysis of Phase 3 REZILIENT3 Trial in First-Line EGFR Exon 20 Insertion Mutation Non-Small Cell
2026-08-12 23:30 · Yahoo
Cullinan Therapeutics Provides Corporate Update and Reports Second Quarter 2026 Financial Results
2026-08-06 11:00 · Yahoo
Cullinan Therapeutics (CGEM) Advances CLN 049 After FDA Feedback, Is The Upside Already Priced In?
2026-07-30 00:16 · Yahoo
Cullinan Therapeutics (CGEM) Is Up 27.1% After Autoimmune T Cell Engager Data Sparks Immune-Reset Hopes
2026-06-23 09:06 · Yahoo
Cullinan Therapeutics Shares New Clinical Data Across Its Portfolio of T Cell Engager Programs Targeting CD19 and BCMA in Autoimmune Diseases
2026-06-10 11:30 · Yahoo
Cullinan Therapeutics Presents Initial Clinical Data for CLN-978, a CD19xCD3 T Cell Engager, at the EULAR 2026 Congress
2026-06-06 09:15 · Yahoo
Cullinan Therapeutics to Host Immunology Day to Showcase Promising Initial Clinical Data in Autoimmune Diseases for CLN-978, a CD19 T Cell Engager, and Velinotamig, a BCMA T Cell Engager
2026-05-26 11:00 · Yahoo
Cullinan Therapeutics Receives FDA Orphan Drug Designation for CLN-049, a Novel FLT3xCD3 T Cell Engager, in Relapsed/Refractory Acute Myeloid Leukemia
2026-05-19 11:00 · Yahoo
Cullinan Therapeutics to Present Initial Clinical Data for CLN-978 in Treatment-Refractory Rheumatoid Arthritis and Systemic Lupus Erythematosus at EULAR 2026 Congress
2026-05-18 21:00 · Yahoo

Recent Insider Activity

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