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Financial statements

Atara Biotherapeutics, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Atara Biotherapeutics, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue63.68.57129121
Research and development56.581.216721624528227322515137.4
General and administrative24.740.369.779.664.478.871.650.939.926.3
Operating expenses81.2122237296309361344
Operating income-81.2-122-237-296-309-340-281-276-83.435.9
Interest expense0.375.294.623.79
Other non-operating income2.22.036.374.722.450.37-0.7-0.250.53-0.03
Pre-tax income-79-120-231-291-307-340-228-276-85.432.7
Income tax0.01-0.01-0.040.010.020.050.010.02-0.010.03
Net income-79-119-231-291-307-340-228-276-85.432.7
EBITDA-80.9-121-233-289-301-331-275-271-78.438
EPS, basic-68.69-99.91-131.63-141.62-103.66-90.67-55.95-65.19-11.412.61
EPS, diluted-68.69-99.91-131.63-141.62-103.66-90.67-55.95-65.19-11.412.57
Shares, basic (weighted)1.151.21.752.052.963.754.084.247.4912.5
Shares, diluted (weighted)1.151.21.752.052.963.754.084.247.4912.7

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents4879.260.774.320010692.925.8258.48
Short-term investments20886.924918530026515025.917.50
Receivables01.250.9940.234.11.481.25
Inventory01.599.7110.70
Other current assets4.685.911.713.721.212.410.36.1810.12.48
Total current assets26117232127352338529510264.912.2
Property, plant and equipment3.2644.168.654.250.553.86.33.861.290.07
Lease right-of-use assets01412.326.26854.939.87.06
Other non-current assets0.10.260.570.570.832.377.024.843.10.89
Total assets26421839234358846837616610920.2
Accounts payable2.7814.73.727.967.1217.46.873.684.370.13
Accrued liabilities3.755.665.633.93.025.967.44196.031.8
Deferred revenue33.577.8
Total current liabilities9.6827.64036.782.910678.914213514.9
Lease liabilities014.11325.558.145.729.99.35
Other non-current liabilities131.282.041.55.564.633.271.8
Total liabilities10.239.95352.212618925026520658.7
Paid-in capital4314758671,1091,5871,7451,8221,8701,9571,983
Retained earnings-177-297-527-818-1,125-1,465-1,693-1,969-2,055-2,022
Other comprehensive income-0.18-0.15-0.340.220.3-0.37-2.07-0.20.010
Shareholders' equity25417833929146228012799.2-97.3-38.5
Total equity25417833929146228012799.2-97.3-38.5
Total liabilities and equity26421839234358846837616610920.2
Shares outstanding1.161.231.842.273.343.673.844.265.867.32

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-79-119-231-291-307-340-228-276-85.432.7
Depreciation and amortization0.380.963.737.078.339.355.654.835.052.12
Stock-based compensation16.823.133.851.751.453.953.845.4279.75
Deferred income tax00
Change in receivables00-1.250.26-39.26.1132.60.23
Change in inventory00-1.59-8.12-4.4310.7
Change in payables0.982.16-1.964.21-0.829.07-9.21-3.130.69-4.24
Cash from operations-60-87.5-180-236-181-221-270-193-68.7-50.9
Capital expenditures-3.02-20.2-35.9-5.73-4.51-10.6-4.19-1.22-0.250
Purchases of investments-305-176-466-270-426-301-181-83.6-19.7-7.89
Cash from investing83.799.9-19660.5-12122.32031248.6218.1
Stock issued019.247.647.769.298.721.92.149.351.47
Cash from financing0.512035818942810453.12.0159.316.1
Net change in cash24.231.3-18.513.6126-94.3-14.4-67.1-0.81-16.7
Free cash flow-63-108-216-241-185-231-275-194-69-50.9
Interest paid000.240.050.060.030.340.450.690.29
Income taxes paid0.010000.010.020.0200.020.19

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $8.81 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-229.7%Operating income / revenue.
EBITDA margin-227.6%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-269.0%Pre-tax income / revenue.
Net margin-269.4%Net income / revenue.
Operating cash flow margin-353.5%Cash from operations / revenue.
Return on assets (ROA)-79.4%Net income / average total assets.
R&D / revenue68.0%Research and development expense / revenue.
Stock-based pay / revenue62.7%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue2.1%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-6.3%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y23.9%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-81.5%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-62.3%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-49.0%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y69.8%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y46.0%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y33.8%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.98xCurrent assets / current liabilities.
Quick ratio1.49x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.44x(Cash + short-term investments) / current liabilities.
Liabilities / assets276.0%Total liabilities / total assets.
Interest coverage-5.04xOperating income / interest expense.
Working capital$6.7MCurrent assets - current liabilities.
Tangible book value-$37.0MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.29xRevenue / average total assets.
Fixed asset turnover151xRevenue / average property, plant and equipment.
Receivables turnover19.5xRevenue / average receivables.
Days sales outstanding19 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.11Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.41Revenue / diluted weighted shares.
Operating cash flow per share-$1.46Cash from operations / diluted weighted shares.
Book value per share-$3.92Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$3.92Tangible book value / shares outstanding.
Cash per share$1.05(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$88.4MShare price x shares outstanding.
Enterprise value$78.6MMarket cap + total debt - cash - short-term investments.
P/S14.3xMarket cap / revenue.
EV/Sales12.7xEnterprise value / revenue.
Earnings yield-18.9%Net income / market cap (the inverse of P/E).
What was Atara Biotherapeutics, Inc.'s revenue in fiscal 2025?

Atara Biotherapeutics, Inc. reported revenue of $120.8M for fiscal 2025, 6.3% lower than the year before.

Was Atara Biotherapeutics, Inc. profitable in fiscal 2025?

Yes. Net income was $32.7M, a net margin of 27.1%.

How much free cash flow did Atara Biotherapeutics, Inc. generate in fiscal 2025?

Cash from operations of $50.9M minus capital expenditures of $0.0 left free cash flow of -$50.9M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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