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Caribou Biosciences (CRBU) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 5, 2026

Caribou Biosciences (CRBU) reported revenue of $3.9M for the fourth quarter 2025 (Q4 2025), +90% from a year earlier and +79% from the quarter before. Operating margin was -722.0%, net loss $26.5M (672.1% of revenue).

Revenue$3.9M
Year over year+90%
Quarter over quarter+79%
Operating margin-722.0%
Net earnings−$26.5M

Caribou Biosciences, Q4 2025: revenue $3.9M (+90% year over year), operating margin -722.0%, net loss $26.5M, operating cash flow −$20.8M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$3.9M+79%+90%
Operating profit−$28.5M——
Net earnings−$26.5M——
Operating cash flow−$20.8M——

What changed

Revenue was $3.9M in Q4 2025, up 90% year over year and up 79% from the previous quarter.

Operating costs exceeded revenue by $28.5M, an operating margin of -722.0%. Total costs fell 21% while revenue rose 90%. The quarter ended with a net loss of $26.5M, narrower than the previous quarter's $27.5M loss.

Operating cash flow was −$20.8M. Non-cash charges added back $682K of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $2.2M. Capital expenditures of −$216K exceeded it, leaving free cash flow of −$20.6M.

Questions

What was Caribou Biosciences' revenue in the fourth quarter 2025?

Caribou Biosciences (CRBU) reported revenue of $3.9M for the fourth quarter 2025 (Q4 2025), +90% from a year earlier and +79% from the quarter before.

Was Caribou Biosciences profitable in the fourth quarter 2025?

Operating loss was $28.5M (-722.0% of revenue) and net loss $26.5M.

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Source: Caribou Biosciences 10-K on SEC EDGAR.