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Prime Medicine (PRME) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 3, 2026

Prime Medicine (PRME) reported revenue of $838K for the fourth quarter 2025 (Q4 2025), -62% from a year earlier and -32% from the quarter before.

Revenue$838K
Year over year-62%
Quarter over quarter-32%
Operating margin—
Net earnings−$46.1M

Prime Medicine, Q4 2025: revenue $838K (-62% year over year), net loss $46.1M, operating cash flow −$37.3M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$838K-32%-62%
Operating profit−$48.6M——
Net earnings−$46.1M——
Operating cash flow−$37.3M—-329%

What changed

Revenue was $838K in Q4 2025, down 62% year over year and down 32% from the previous quarter.

Operating costs exceeded revenue by $48.6M, an operating margin of -5800.5%. Total costs grew 7% against a revenue fall of 62%. The fastest-growing cost line was General & admin (+20%). The quarter ended with a net loss of $46.1M, narrower than the previous quarter's $50.6M loss.

Operating cash flow was −$37.3M. Non-cash charges added back $1.9M of depreciation and amortization and $4.5M of share-based compensation. Working capital and other items added $2.4M. Capital expenditures of $290K exceeded it, leaving free cash flow of −$37.5M.

Questions

What was Prime Medicine's revenue in the fourth quarter 2025?

Prime Medicine (PRME) reported revenue of $838K for the fourth quarter 2025 (Q4 2025), -62% from a year earlier and -32% from the quarter before.

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Source: Prime Medicine 10-K on SEC EDGAR.