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Intellia Therapeutics (NTLA) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 26, 2026

Intellia Therapeutics (NTLA) reported revenue of $23.0M for the fourth quarter 2025 (Q4 2025), +79% from a year earlier and +67% from the quarter before. Operating margin was -428.9%, net loss $95.8M (416.2% of revenue).

Revenue$23.0M
Year over year+79%
Quarter over quarter+67%
Operating margin-428.9%
Net earnings−$95.8M

Intellia Therapeutics, Q4 2025: revenue $23.0M (+79% year over year), operating margin -428.9%, net loss $95.8M, operating cash flow −$69.3M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$23.0M+67%+79%
Operating profit−$98.7M——
Net earnings−$95.8M——
Operating cash flow−$69.3M——

What changed

Revenue was $23.0M in Q4 2025, up 79% year over year and up 67% from the previous quarter.

Operating costs exceeded revenue by $98.7M, an operating margin of -428.9%. Total costs fell 18% while revenue rose 79%. The quarter ended with a net loss of $95.8M, narrower than the previous quarter's $101.3M loss.

Operating cash flow was −$69.3M. Non-cash charges added back $2.4M of depreciation and amortization and $16.7M of share-based compensation. Working capital and other items added $7.4M. Capital expenditures of $126K exceeded it, leaving free cash flow of −$69.4M.

Questions

What was Intellia Therapeutics' revenue in the fourth quarter 2025?

Intellia Therapeutics (NTLA) reported revenue of $23.0M for the fourth quarter 2025 (Q4 2025), +79% from a year earlier and +67% from the quarter before.

Was Intellia Therapeutics profitable in the fourth quarter 2025?

Operating loss was $98.7M (-428.9% of revenue) and net loss $95.8M.

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Source: Intellia Therapeutics 10-K on SEC EDGAR.