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Financial statements

SANGAMO THERAPEUTICS, INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data SANGAMO THERAPEUTICS, 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
Revenue19.436.684.510211811111117657.839.6
Research and development65.665.7115146181231250234112113
General and administrative26.327.246.761.767.163.262.761.244.734.9
Operating expenses91.992.9162208248294313450162161
Operating income-72.6-56.4-77.2-105-130-183-201-274-104-121
Interest income1.511.3
Other non-operating income0.894.35-3.56
Pre-tax income-71.7-54.6-68.9-95.4-121-178-192-263-98.1-124
Income tax-0.010000.350.310.43-5.07-0.17-0.57
Net income to minority interests0-0.56-0.23-0.13-0.0100
Net income-71.7-54.6-68.3-95.2-121-178-192-258-97.9-123
EBITDA-71.6-54.9-74.8-101-124-174-189-259-98.9-117
EPS, basic-1.02-0.70-0.70-0.85-0.90-1.23-1.25-1.48-0.49-0.44
EPS, diluted-1.02-0.70-0.70-0.85-0.90-1.23-1.25-1.48-0.49-0.44
Shares, basic (weighted)70.678.196.9112134145154174202280
Shares, diluted (weighted)70.678.196.9112134145154174202280

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents22.149.814080.413117910045.241.920.9
Short-term investments193260282510198177
Receivables4.973.344.6736.95.226.013.680.920.530.37
Other current assets1.851.515.345.411215.918.29.265.184.37
Total current assets15024841140566039930094.351.735.8
Property, plant and equipment6.5631.178.729.941.351.563.526.917.911
Lease right-of-use assets077.37173.2622616.93.06
Goodwill1.591.594039.342.839.737.600
Intangible assets054.253.258.153.850.700
Long-term investments1.01021.850.588.229.8
Other non-current assets0.171.183.369.0713.615.3171.270.880.87
Total assets15828759063893972256316510259.7
Accounts payable2.580.023.366.6712.69.7622.415.315.514.4
Accrued liabilities10.918.611.61623.68.29.41
Deferred revenue4.1528.347.638.791.685.751.807.560.9
Total current liabilities13.344.978.569.914412811247.745.842.5
Lease liabilities041.238.444.13933.526.325.1
Other non-current liabilities1.965.717.011.221.211.190.930.58
Total liabilities21.798.822320544134726882.478.974
Paid-in capital5766839301,0911,2691,3341,4501,4921,5321,611
Retained earnings-441-495-563-657-778-956-1,149-1,406-1,504-1,627
Other comprehensive income0.02-0.29-1.44-2.455.42-3.99-8.4-4.6-7.53-1.46
Shareholders' equity13618836743349837529582.922.8-14.3
Minority interests00.740.19-0.870
Total equity13618836743349737529582.922.8-14.3
Total liabilities and equity15828759063893972256316510259.7
Shares outstanding70.985.6102116142146167178213351

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-71.7-54.6-68.9-95.4-121-178-192-258-97.9-123
Depreciation and amortization11.52.363.935.689.4412.115.15.113.96
Stock-based compensation15.19.0914.719.325.73331.727.412.49.08
Deferred income tax-0.0100-6.340
Change in receivables-2.141.63-1.33-32.231.7-0.792.342.760.40.16
Change in payables-2.343.22-6.37-4.1910.7-7.6613.35.59-14.22.79
Cash from operations-65.911.236.6-144170-233-224-225-67.1-97.2
Capital expenditures-0.73-3.75-43.1-20.7-14.7-23.3-20.2-21.2-0.27-0.1
Acquisitions0-75.600
Purchases of investments-219-252-451-444-571-338-277-59.60
Sales and maturities of investments23717939240531560335519.734.70
Cash from investing18.1-77.4-178-59.8-27224859.315437.5-0.1
Stock issued1.110.821.482.042.0215.121.921.5
Cash from financing0.3497.523214215332.984.714.628.470.7
Exchange rate effect00.440.18-0.45-0.261.251.48-2.054.09
Net change in cash-47.431.390.6-6250.947.5-78.4-55.2-3.29-22.5
Free cash flow-66.67.43-6.52-165155-257-244-246-67.4-97.3

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to March 31, 2026; growth uses fiscal years. Valuation uses the share price of $0.14 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-357.5%Operating income / revenue.
EBITDA margin-347.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-358.9%Pre-tax income / revenue.
Net margin-356.9%Net income / revenue.
FCF margin-261.8%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-261.4%Cash from operations / revenue.
Return on assets (ROA)-205.7%Net income / average total assets.
R&D / revenue327.7%Research and development expense / revenue.
Stock-based pay / revenue21.6%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.3%Capital expenditures / revenue.
D&A / revenue10.6%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-31.6%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-29.2%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y-19.7%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y-162.7%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-41.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-52.6%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-42.4%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y38.9%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y22.0%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, 5y15.8%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 ratio0.70xCurrent assets / current liabilities.
Quick ratio0.54x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.52x(Cash + short-term investments) / current liabilities.
Liabilities / assets131.6%Total liabilities / total assets.
Working capital-$16.0MCurrent assets - current liabilities.
Tangible book value-$19.0MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.58xRevenue / average total assets.
Fixed asset turnover3.35xRevenue / average property, plant and equipment.
Receivables turnover39.6xRevenue / average receivables.
Days sales outstanding9 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.32Net 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$0.09Revenue / diluted weighted shares.
FCF per share-$0.23Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.23Cash from operations / diluted weighted shares.
Book value per share-$0.05Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.05Tangible book value / shares outstanding.
Cash per share$0.07(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$58.4MShare price x shares outstanding.
Enterprise value$30.8MMarket cap + total debt - cash - short-term investments.
P/S1.69xMarket cap / revenue.
EV/Sales0.89xEnterprise value / revenue.
FCF yield-154.9%Free cash flow / market cap.
Earnings yield-211.1%Net income / market cap (the inverse of P/E).
What was SANGAMO THERAPEUTICS, INC's revenue in fiscal 2025?

SANGAMO THERAPEUTICS, INC reported revenue of $39.6M for fiscal 2025, 31.6% lower than the year before.

Was SANGAMO THERAPEUTICS, INC profitable in fiscal 2025?

No. It reported a net loss of $122.9M.

How much free cash flow did SANGAMO THERAPEUTICS, INC generate in fiscal 2025?

Cash from operations of $97.2M minus capital expenditures of $102.0K left free cash flow of -$97.3M.

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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