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Financial statements

Autolus Therapeutics plc financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Autolus Therapeutics plc 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

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue1.211.691.412.911.710.175.4
Cost of revenue011.496.4
Gross profit1.7-1.27-21
Research and development10.41636.2105135111117130138118
Selling, general and administrative46.7102132
General and administrative5.159.122.839.53531.931.946.7
Operating expenses14.423.457.5
Operating income-23.4-57.5-146-168-141-143-180-241-271
Interest expense001.118.9145.19.2936.7
Interest income0.080.081.532.540.540.261.7113.532.419
Other non-operating income0.050.045.57.061.89-0.99-5.16-28.722.3-15
Pre-tax income-14.3-23.4-52-139-166-142-149-208-219-286
Income tax-1.78-3.65-7.28-15.2-24.20.060.27-0.021.531.97
Net income-12.6-19.7-44.8-124-142-142-149-208-221-288
EBITDA-22.4-55.8-141-162-133-136-173-234-262
EPS, basic-1.26-1.43-1.42-2.88-2.76-1.97-1.57-1.20-0.86-1.08
EPS, diluted-1.26-1.43-1.42-2.88-2.76-1.97-1.57-1.20-0.86-1.08
Shares, basic (weighted)9.9313.831.643.151.672.195174255266
Shares, diluted (weighted)9.9313.831.643.151.672.195174255266

Balance sheet

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents28.1137247211154310382240227104
Short-term investments0361197
Receivables00.120.110.0224
Inventory04.1433.2
Other current assets00.720.2800.240.201.570
Total current assets142259249197347426275661436
Property, plant and equipment6.1813.528.23833.535.234.949.663.6
Lease right-of-use assets23.451.618.823.260.855.564.9
Intangible assets00.40.250.160.070012.419.8
Total assets149273304294406490375783589
Accounts payable1.953.041.082.260.430.530.11.973.08
Accrued liabilities3.0914.121.427.823.740.839.652.355.8
Deferred revenue03.5
Total current liabilities5.0317.12533.628.646.444.760.773.4
Long-term debt0.760.380
Lease liabilities23.750.616.519.247.949.666.8
Other non-current liabilities00.130.120.360.430.48
Total liabilities6.0617.748.784.292.2192264355411
Total debt0.760.380
Paid-in capital1943585015958431,0081,0191,5561,570
Retained earnings-47.9-92.7-237-379-521-670-879-1,099-1,387
Other comprehensive income-3.85-9.92-8.69-5.86-8.57-38.9-29-29.2-5.36
Shareholders' equity30.7143255255210313299111427178
Total equity30.7143255255210313299111427178
Total liabilities and equity149273304294406490375783589

Cash flow statement

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-12.6-19.7-44.8-124-142-142-149-208-221-288
Depreciation and amortization0.481.011.714.615.668.467.426.577.558.3
Stock-based compensation2.263.156.7730.4209.941211.215.514.4
Deferred income tax00-0.41-1.34-0.11-0.21-0.99-0.18-0.63
Change in receivables0-24.2
Change in inventory0-4.23-40.3
Change in payables0.510.430.84-1.451.44-1.820.02-0.511.591.3
Cash from operations-9.85-16.4-31.5-101-118-118-112-146-206-284
Capital expenditures-1.86-2.88-9.12-18.3-14.7-8.86-10.8-11-22.1-19
Purchases of investments0-360-243
Cash from investing-1.86-2.88-9.53-18.7-14.7-8.86-10.8-11-395158
Stock issued32.212815711679.824616405500
Cash from financing32.212815710974.4284224-0.88590-4.34
Exchange rate effect-2.660.56-5.835.160.68-0.75-28.415-0.266.28
Net change in cash17.9109110-6.13-57.315772.1-142-11.5-123
Free cash flow-11.7-19.2-40.7-120-132-127-123-157-228-303
Interest paid001.541.84
Income taxes paid1.54-19.8-24.7-19.60.552.391.97

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 $1.86 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin15.7%Gross profit / revenue.
Operating margin-210.8%Operating income / revenue.
EBITDA margin-203.4%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-238.1%Pre-tax income / revenue.
Net margin-238.7%Net income / revenue.
FCF margin-198.3%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-192.2%Cash from operations / revenue.
Return on equity (ROE)-374.3%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-56.8%Net income / average total assets.
R&D / revenue95.9%Research and development expense / revenue.
SG&A / revenue130.5%Selling, general and administrative expense / revenue.
Stock-based pay / revenue13.2%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue6.1%Capital expenditures / revenue.
D&A / revenue7.4%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y644.9%Revenue vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-58.3%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-15.8%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y-3.2%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-24.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y6.3%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y14.9%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y4.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y41.0%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, 5y38.9%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 ratio4.89xCurrent assets / current liabilities.
Quick ratio3.58x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio2.93x(Cash + short-term investments) / current liabilities.
Liabilities / assets84.8%Total liabilities / total assets.
Interest coverage-5.92xOperating income / interest expense.
Working capital$267.3MCurrent assets - current liabilities.
Goodwill and intangibles / assets3.8%(Goodwill + intangible assets) / total assets.
Tangible book value$56.3MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.24xRevenue / average total assets.
Fixed asset turnover1.94xRevenue / average property, plant and equipment.
Inventory turnover2.96xCost of revenue / average inventory.
Days inventory123 days365 x average inventory / cost of revenue.
Receivables turnover2.64xRevenue / average receivables.
Days sales outstanding138 days365 x average receivables / revenue.
Days payables5 days365 x average accounts payable / cost of revenue.
Cash conversion cycle256 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.05Net 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$0.44Revenue / diluted weighted shares.
FCF per share-$0.87Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.85Cash from operations / diluted weighted shares.
Book value per share$0.28Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.21Tangible book value / shares outstanding.
Cash per share$0.76(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$493.7MShare price x shares outstanding.
Enterprise value$292.1MMarket cap + total debt - cash - short-term investments.
P/S4.21xMarket cap / revenue.
P/B6.60xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book8.77xMarket cap / tangible book value, when positive.
EV/Sales2.49xEnterprise value / revenue.
FCF yield-47.1%Free cash flow / market cap.
Earnings yield-56.7%Net income / market cap (the inverse of P/E).
What was Autolus Therapeutics plc's revenue in fiscal 2025?

Autolus Therapeutics plc reported revenue of $75.4M for fiscal 2025, 644.9% higher than the year before.

Was Autolus Therapeutics plc profitable in fiscal 2025?

No. It reported a net loss of $287.5M.

How much free cash flow did Autolus Therapeutics plc generate in fiscal 2025?

Cash from operations of $283.6M minus capital expenditures of $19.0M left free cash flow of -$302.6M.

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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