Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Biomea Fusion, 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
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Research and development
1.09
3.67
28
62.7
103
118
62
General and administrative
0.1
1.66
13.7
20.9
23.6
26
19.3
Operating expenses
1.2
5.33
41.7
83.6
126
144
83.5
Operating income
-1.2
-5.33
-41.7
-83.6
-126
-144
-83.5
Income tax
0
0
0
0
0
0
Net income
-1.2
-5.32
-41.6
-81.8
-117
-138
-61.8
EBITDA
-1.2
-5.32
-41.4
-82.9
-125
-142
-82.1
EPS, basic
-0.20
-0.51
-1.74
-2.80
-3.44
-3.83
-1.18
EPS, diluted
-0.20
-0.51
-1.74
-2.80
-3.44
-3.83
-1.18
Shares, basic (weighted)
6.05
10.5
23.9
29.3
34.1
36.1
52.2
Shares, diluted (weighted)
6.05
10.5
23.9
29.3
34.1
36.1
52.2
Balance sheet
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0.24
61.7
146
112
177
58.3
55.8
Short-term investments
27.8
1.15
Receivables
0.02
Other current assets
0.03
3.05
4.77
2.32
10.1
2.24
Total current assets
62.2
177
118
179
68.3
58.1
Property, plant and equipment
0.08
2.97
5.84
5.16
3.77
0.15
Lease right-of-use assets
0.21
2.72
2.15
9.71
6.85
0
Long-term investments
1.88
Other non-current assets
0.01
1.23
3.15
5.5
0.62
0
Total assets
62.5
186
129
200
79.9
58.6
Accounts payable
0.73
1.33
6.83
6.85
12.9
3.23
Accrued liabilities
0.63
0.42
4.77
5.96
0.45
2.96
Total current liabilities
1.62
4.64
19.1
22.9
21.7
11.1
Lease liabilities
2.29
1.67
7.83
6.69
0.13
Total liabilities
1.62
6.92
20.8
30.7
28.4
29
Paid-in capital
13.3
229
240
418
439
479
Retained earnings
-8.18
-49.7
-132
-249
-387
-449
Other comprehensive income
-0.01
-0
Shareholders' equity
-0.02
5.17
179
109
169
51.6
29.6
Total equity
-0.02
5.17
179
109
169
51.6
29.6
Total liabilities and equity
62.5
186
129
200
79.9
58.6
Shares outstanding
12
29.1
29.6
35.9
36.3
72.3
Cash flow statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-1.2
-5.32
-41.6
-81.8
-117
-138
-61.8
Depreciation and amortization
0
0.01
0.25
0.69
1.52
1.75
1.41
Stock-based compensation
0.32
6.23
10.3
14.1
19.1
9.52
Change in payables
-0.1
0.42
0.64
2.96
2.56
6.09
-9.7
Cash from operations
-1.28
-4.46
-35.4
-62.4
-96.6
-120
-70.4
Capital expenditures
-0.05
-3.17
-1.03
-3.37
-0.36
Purchases of investments
-38.5
Sales and maturities of investments
8.31
28.4
1.15
Cash from investing
-0.05
-33.4
27.3
-2.22
-0.36
Stock issued
1.44
10.2
162
4.91
Cash from financing
1.44
66
153
1.24
164
1.67
67.9
Net change in cash
0.16
61.5
84.4
-33.8
65
-119
-2.47
Free cash flow
-4.51
-38.6
-63.4
-100
-120
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 $1.32 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
-268.1%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-88.2%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Book value growth, 1y
-42.7%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
-35.2%
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
41.7%
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
-26.7%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-23.2%
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
-1.3%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
44.7%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
21.3%
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, 5y
37.7%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
3.47x
Current assets / current liabilities.
Quick ratio
3.32x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
3.32x
(Cash + short-term investments) / current liabilities.
Net 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.
Operating cash flow per share
-$0.65
Cash from operations / diluted weighted shares.
Book value per share
$0.17
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/B
7.88x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
7.88x
Market cap / tangible book value, when positive.
Earnings yield
-34.0%
Net income / market cap (the inverse of P/E).
Was Biomea Fusion, Inc. profitable in fiscal 2025?
No. It reported a net loss of $61.8M.
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.