RNAC — Cartesian Therapeutics, Inc.

Nasdaq · Health Care · Pharmaceuticals · CIK 1453687 ·
Last close
$6.45
Market Cap
$189.51M
52W High
$9.33
52W Low
$5.60
ADV30
185,505
Next earnings
2026-04-30
Cartesian Therapeutics, Inc., a clinical-stage biotechnology company, provides mRNA cell therapies for the treatment of autoimmune diseases. The company's lead product candidate is Descartes-08, an autologous mRNA chimeric antigen receptor T-cell cell therapy (CAR-T) directed against the B cell maturation antigen (BCMA), which is in Phase 2b clinical trials for the treatment of autoimmune diseases, generalized myasthenia gravis, and systemic lupus erythematosus, as well as rare pediatric disease designation for the treatment of juvenile dermatomyositis. It is also developing Descartes-15, which is in phase 1 trials, an autologous autologous B cell maturation antigen (BCMA) directed mRNA CAR-T to treat patients with multiple myeloma. The company is headquartered in Frederick, Maryland.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 78,000 -26,499,000 -39,182,000 288,391,000 118,641,000 436,509,000
Dec 2025 947,000 -21,939,000 -92,576,000 296,411,000 125,139,000 422,651,000
Sep 2025 452,000 -21,066,000 -35,902,000 372,675,000 143,384,000 408,519,000
Jun 2025 298,000 -21,811,000 15,886,000 388,893,000 160,324,000 391,420,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-72,968,000
Investing CF
$-4,406,000
Financing CF
$15,641,000
CapEx
$-4,406,000
Dividends Paid
Buybacks
EPS Diluted TTM
$-3.02
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-861,555,000
Inventory
Receivables
$261,000
ST Investments
EBIT TTM
$-91,315,000
Pretax Income TTM
$-160,967,000
Interest Exp TTM
$0
Analysts
7

Yahoo Snapshot (yfinance, live)

Total Revenue
$1,775,000
EBITDA
$-88,897,000
Free Cash Flow
$-46,870,876
Enterprise Value
$82,724,768
Total Cash
$118,641,000
Total Debt
$11,855,000
Shares Out
29,381,514
Trailing EPS
$-5.77
Book Value
$-5.19
ROE
ROA
-16.4%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 2,797,000 -86,705,000 -130,302,000 296,411,000 422,651,000 -73,941,000
Dec 2024 38,913,000 -36,318,000 -77,424,000 435,023,000 441,825,000 -23,674,000
Dec 2023 26,004,000 -85,706,000 -219,710,000 305,050,000 745,234,000 -51,161,000
Dec 2022 110,777,000 14,538,000 35,379,000 165,886,000 72,058,000 -31,631,000

TTM Snapshot

Revenues TTM
$65,364,000
NetIncome TTM
$-22,301,000
OpCashFlow TTM
$0
Assets (Latest)
$435,023,000
Forward EPS
$-2.68

Peers — same industry

TickerNameMarket CapLastDaily %
UNCY Unicycive Therapeutics, Inc. $188.50M $7.06
ELTX Elicio Therapeutics, Inc. $191.43M $10.03
TLSA Tiziana Life Sciences Ltd $192.16M $1.51
GALT GALECTIN THERAPEUTICS INC $183.74M $2.79
LFCR LIFECORE BIOMEDICAL, INC. \DE\ $180.05M $4.80

News headlines (Yahoo Finance, 1h cache)

Cartesian Therapeutics Secures up to $150 Million of Non-Dilutive Financing from K2 HealthVentures and Expects Topline Data from the Phase 3 AURORA Trial in First Quarter 2027
2026-05-26 11:00 · Yahoo
Emerging Hope in Multiple Myeloma Market: 7 Late-Stage Therapies Nearing the Finish Line | DelveInsight
2026-05-25 17:00 · Yahoo
Myasthenia Gravis Market Set to Surpass USD 16 Billion by 2036, Fueled by Rising Diagnosed Prevalence and Wave of Targeted Biologic Approvals | DelveInsight
2026-05-18 17:00 · Yahoo
We're Keeping An Eye On Cartesian Therapeutics' (NASDAQ:RNAC) Cash Burn Rate
2026-05-17 14:04 · Yahoo
Cartesian Therapeutics to Participate in the H.C. Wainwright 4th Annual BioConnect Investor Conference at NASDAQ
2026-05-12 11:00 · Yahoo
Cartesian Therapeutics Announces New Employment Inducement Grants
2026-05-04 11:05 · Yahoo
Cartesian Therapeutics, Inc. (RNAC) Reports Q1 Loss, Lags Revenue Estimates
2026-04-30 12:30 · Yahoo
Cartesian Therapeutics Reports First Quarter 2026 Financial Results and Provides Business Update
2026-04-30 11:00 · Yahoo
Cartesian Therapeutics, Inc. (RNAC) Soars 10.3%: Is Further Upside Left in the Stock?
2026-04-20 11:59 · Yahoo
Generalized Myasthenia Gravis Market on the Brink of Change: 8 Promising Late-Stage Drugs Signal a New Treatment Era | DelveInsight
2026-04-15 17:00 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.