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Beam Therapeutics BEAM External Research And Development Expenses — Research And Development Expense

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Employee Related Expenses
$32.87M+12.4%

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Other financials

Income statement

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Revenue$31.7M+325%
Operating income-$107.2M+10.1%
Net income-$94.3M+12.9%
EPS (diluted)-$0.91+26.0%

Balance sheet

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Cash & equivalents$288.3M-45.4%
Total debt$250.8M+58.6%
Total equity$1.2B+3.1%
Total assets$1.5B+0.9%

Cash flow

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Operating cash flow-$128.5M-23.7%
CapEx$2.2M-27.2%
Free cash flow-$130.7M-22.2%

Valuation

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Market cap$2.81B+52.0%
Enterprise value$2.78B+61.1%
P/S17.2×-13.6×

Profitability

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Operating margin-226.6%-90.5pp
Net margin-742.7%
FCF margin-234%-86.6pp

Returns & leverage

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Return on equity-47.1%
Debt / equity0.2×+0.1×
Current ratio17×+8.2×

Where this comes from

Reported directly by Beam Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Beam Therapeutics’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 7:22 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-210338
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
License and collaboration revenue$31,738$7,470
Research and development expenses
External research and development expenses*30,07734,421
Employee related expenses*32,86729,242
General and administrative expenses
External general and administrative expenses*13,3665,373
Employee related expenses*11,95110,441
Facility and information technology related expenses*14,43814,383

Item 1. Financial Statements (Unaudited)

FAQ

What is Beam Therapeutics's external research and development expenses — research and development expense?
Beam Therapeutics (BEAM) reported external research and development expenses — research and development expense of $30.08M in Q1 2026.
How has Beam Therapeutics's external research and development expenses — research and development expense changed year-over-year?
Beam Therapeutics's external research and development expenses — research and development expense decreased by 12.6% year-over-year, from $34.42M to $30.08M.
What is the long-term trend for Beam Therapeutics's external research and development expenses — research and development expense?
Over 3 years (2022 to 2025), Beam Therapeutics's external research and development expenses — research and development expense has grown at a 8.3% compound annual growth rate (CAGR), from $112.38M to $142.69M.
What does external research and development expenses — research and development expense mean?
This metric represents the total costs incurred by the company specifically attributed to external research and development activities, such as outsourced clinical trials, contract research organizations, and external laboratory services. It reflects the company's reliance on third-party partners to advance its genetic medicine pipeline and therapeutic programs. Monitoring this expense helps investors understand the company's capital allocation toward external innovation versus internal research capabilities.

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