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Cullinan Therapeutics, Inc. CGEM Total Operating Expenses

Total Operating Expenses at other companies

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Corvus PharmaceuticalsCRVS
$14.88M+49.9%
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Vor BiopharmaVOR
$35.16M+5.6%
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Vera TherapeuticsVERA
$125.13M+119%
Immunovant, Inc. logo
Immunovant, Inc.IMVT
$159.55M+40.2%
Dianthus Therapeutics logo
Dianthus TherapeuticsDNTH
$47M+36.9%
Alumis Inc. logo
Alumis Inc.ALMS
$100.15M-15.8%

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%
Enterprise value$1.01B+168%

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

Reported directly by Cullinan Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

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 total operating expenses?
Cullinan Therapeutics, Inc. (CGEM) reported total operating expenses of $53.7M in Q1 2026.
How has Cullinan Therapeutics, Inc.'s total operating expenses changed year-over-year?
Cullinan Therapeutics, Inc.'s total operating expenses decreased by 2.4% year-over-year, from $55M to $53.7M.
What is the long-term trend for Cullinan Therapeutics, Inc.'s total operating expenses?
Over 4 years (2021 to 2025), Cullinan Therapeutics, Inc.'s total operating expenses has grown at a 29.1% compound annual growth rate (CAGR), from $86.9M to $241.65M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.