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Other financials

Income statement

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Revenue-
Operating income-$53.7M+2.4%
Net income-$49.7M-2.4%
EPS (diluted)-$0.69+24.2%

Balance sheet

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Cash & equivalents$75.1M-2.1%
Total debt$2.4M+29.5%
Total equity$408.7M-30.8%
Total assets$403.0M-30.5%

Cash flow

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Operating cash flow-$46.0M-6.7%
CapEx$11.0K
Free cash flow-$38.1M-4.1%

Valuation

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Market cap$1.08B+140%

Profitability

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Operating margin-358.7%
Net margin-346.1%

Returns & leverage

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Return on equity-44%+26.2pp
Debt / equity0.0×
Current ratio10.3×-1.3×

Where this comes from

Calculated from Cullinan Therapeutics, Inc.’s reported figures.

The official record: Cullinan Therapeutics, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cullinan Therapeutics, Inc.'s enterprise value?
Cullinan Therapeutics, Inc. (CGEM) reported enterprise value of $787.38M in Q1 2026.
How has Cullinan Therapeutics, Inc.'s enterprise value changed year-over-year?
Cullinan Therapeutics, Inc.'s enterprise value increased by 113.9% year-over-year, from $368.13M to $787.38M.
What is the long-term trend for Cullinan Therapeutics, Inc.'s enterprise value?
Over 4 years (2021 to 2025), Cullinan Therapeutics, Inc.'s enterprise value has grown at a -4.3% compound annual growth rate (CAGR), from $627.18M to $525.79M.
What does enterprise value mean?
Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.