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Generate Biomedicines, Inc. GENB Conversion Of Convertible Preferred Stock To Common Stock

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Other financials

Income statement

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Revenue$6.3M-37.7%
Operating income-$71.6M-19.1%
Net income-$67.3M-28.3%
EPS (diluted)-$0.52+73.2%

Balance sheet

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Cash & equivalents$135.4M-12.3%
Total debt$62.6M
Total equity$456.0M+188%
Total assets$561.7M

Cash flow

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Operating cash flow-$57.9M-18.9%
CapEx$933.0K+506%
Free cash flow-$58.9M-20.4%

Valuation

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Market cap$1.78B+14.9%
Enterprise value$1.71B
P/S54.9×

Profitability

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Operating margin-751.2%
Net margin-685.9%
FCF margin-756.9%

Returns & leverage

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Return on equity2,979.4%
Debt / equity0.1×
Current ratio8.3×

Where this comes from

Reported directly by Generate Biomedicines, Inc. in its filing.

Tagged under the XBRL concept ck0002100782:ConversionOfConvertiblePreferredStockToCommonStock.

The source filing: Generate Biomedicines, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 6:01 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-210059
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Restricted cash and cash equivalents (VIE)96
Long-term restricted cash4,0324,044
Cash, cash equivalents and restricted cash at end of period164,607$224,747
Supplemental disclosure of noncash investing and financing information:
Purchase of property and equipment included in the accounts payable and accrued liabilities$25$59
Vesting of restricted stock46
Reclassification of warrant liability to equity upon initial public offering1,568
Conversion of convertible preferred stock to common stock811,826

Item 1. Financial Statements (Unaudited).

FAQ

What is Generate Biomedicines, Inc.'s conversion of convertible preferred stock to common stock?
Generate Biomedicines, Inc. (GENB) reported conversion of convertible preferred stock to common stock of $811.83M in Q1 2026.
What does conversion of convertible preferred stock to common stock mean?
Conversion Of Convertible Preferred Stock To Common Stock as reported by Generate Biomedicines, Inc. Common Stock.

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