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Beam Therapeutics (BEAM) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

Beam Therapeutics (BEAM) reported revenue of $31.7M for the first quarter 2026 (Q1 2026), +325% from a year earlier and -72% from the quarter before. Operating margin was -337.8%, net loss $94.3M (297.2% of revenue).

Revenue$31.7M
Year over year+325%
Quarter over quarter-72%
Operating margin-337.8%
Net earnings−$94.3M

Beam Therapeutics, Q1 2026: revenue $31.7M (+325% year over year), operating margin -337.8%, net loss $94.3M, operating cash flow −$129M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$31.7M-72%+325%
Operating profit−$107M——
Net earnings−$94.3M-139%—
Operating cash flow−$129M——

What changed

Revenue was $31.7M in Q1 2026, up 325% year over year and down 72% from the previous quarter.

Operating costs exceeded revenue by $107.2M, an operating margin of -337.8%. Total costs grew 10% against revenue growth of 325%. The fastest-growing cost line was General & admin (+23%). The quarter ended with a net loss of $94.3M, after a profit of $243.0M the previous quarter.

Operating cash flow was −$128.5M. Non-cash charges added back $5.6M of depreciation and $19.0M of share-based compensation. Working capital and other items used $58.8M. Capital expenditures of $2.2M exceeded it, leaving free cash flow of −$130.7M.

Questions

What was Beam Therapeutics' revenue in the first quarter 2026?

Beam Therapeutics (BEAM) reported revenue of $31.7M for the first quarter 2026 (Q1 2026), +325% from a year earlier and -72% from the quarter before.

Was Beam Therapeutics profitable in the first quarter 2026?

Operating loss was $107M (-337.8% of revenue) and net loss $94.3M.

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Source: Beam Therapeutics 10-Q on SEC EDGAR.