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Filing Flows › Cartesian Therapeutics (RNAC) › Q4 2025 › vs Q3 2025

Cartesian Therapeutics (RNAC) Q4 2025 vs Q3 2025 (quarter over quarter)

Cartesian Therapeutics's revenue rose $495K (+110%) from $452K in Q3 2025 to $947K in Q4 2025.

Cartesian Therapeutics, Q4 2025: revenue $947K, net loss $92.6M, operating cash flow −$17.7M. The chart draws each line against Q3 2025, the increases inside each band.

Cartesian Therapeutics: what changed, Q4 2025 vs Q3 2025Cartesian Therapeutics: what changed, Q4 2025 vs Q3 2025Operating costs$58.1MCosts & expenses$57.2MNet loss$56.7MOperating cash sources$56.7MNet loss absorbed$56.7MWorking capital & other$55.0MCash used in operations$2.1MInterest & other, net−$899KResearch & development$887KGeneral & admin$481K

Every line

LineQ4 2025Q3 2025Change%
Revenue$947K$452K$495K+110%
Net loss$92.6M$35.9M$56.7M+158%
Costs & expenses$93.5M$36.4M$57.2M+157%
Operating costs$79.6M$21.5M$58.1M+270%
Interest & other, net$13.9M$14.8M−$899K-6%
Research & development$14.7M$13.8M$887K+6%
General & admin$8.2M$7.7M$481K+6%
Operating cash sources$92.6M$35.9M$56.7M+158%
Depreciation$600K$600K$00%
Share-based compensation$2.1M$2.6M−$446K-17%
Working capital & other$72.1M$17.1M$55.0M+321%
Cash used in operations$17.7M$15.6M$2.1M+14%
Net loss absorbed$92.6M$35.9M$56.7M+158%

Questions

How much did Cartesian Therapeutics's revenue grow quarter over quarter in Q4 2025?

Cartesian Therapeutics's revenue rose $495K (+110%) from $452K in Q3 2025 to $947K in Q4 2025.

Q4 2025 results → · Compare in the interactive Sankey →