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Prelude Therapeutics (PRLD) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 12, 2025

Prelude Therapeutics (PRLD) reported revenue of $6.5M for the third quarter 2025 (Q3 2025), +117% from a year earlier. Operating margin was -314.1%, net loss $19.7M (303.5% of revenue).

Revenue$6.5M
Year over year+117%
Quarter over quarter—
Operating margin-314.1%
Net earnings−$19.7M

Prelude Therapeutics, Q3 2025: revenue $6.5M (+117% year over year), operating margin -314.1%, net loss $19.7M, operating cash flow −$19.1M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$6.5M—+117%
Operating profit−$20.4M——
Net earnings−$19.7M——
Operating cash flow−$19.1M——

What changed

Revenue was $6.5M in Q3 2025, up 117% year over year.

Operating costs exceeded revenue by $20.4M, an operating margin of -314.1%. Total costs fell 28% while revenue rose 117%. The quarter ended with a net loss of $19.7M.

Operating cash flow was −$19.1M. Non-cash charges added back $425K of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items used $2.2M.

Questions

What was Prelude Therapeutics' revenue in the third quarter 2025?

Prelude Therapeutics (PRLD) reported revenue of $6.5M for the third quarter 2025 (Q3 2025), +117% from a year earlier.

Was Prelude Therapeutics profitable in the third quarter 2025?

Operating loss was $20.4M (-314.1% of revenue) and net loss $19.7M.

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Source: Prelude Therapeutics 10-Q on SEC EDGAR.