What is Prime Medicine's deferred revenue?

Prime Medicine (PRME) reported deferred revenue of $7.32M in Q1 2026.

How has Prime Medicine's deferred revenue changed year-over-year?

Prime Medicine's deferred revenue decreased by 10.9% year-over-year, from $8.21M to $7.32M.

What does deferred revenue mean?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

Prime Medicine PRME Deferred Revenue

Deferred Revenue at other companies

Intellia TherapeuticsNTLA

$630K-97.0%

CRISPR TherapeuticsCRSP

$15.34M+408%

Beam TherapeuticsBEAM

$304K-99.6%

RegenxbioRGNX

$5.92M-56.4%

Sarepta Therapeutics, Inc.SRPT

$116.04M+159%

MeiraGTx Holdings plcMGTX

$2M-52.9%

Other financials

Income statement

See full

Revenue$838.0K-61.6%

Operating income-$50.7M+3.3%

Net income-$49.1M+5.3%

EPS (diluted)-$0.28+30.0%

Balance sheet

See full

Cash & equivalents$77.8M-26.6%

Total debt$114.5M-5.5%

Total equity$76.7M-28.3%

Total assets$294.7M-10.2%

Cash flow

See full

Operating cash flow-$42.7M+12.6%

CapEx$214.0K-91.2%

Free cash flow-$42.9M+16.3%

Valuation

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Market cap$574.36M+111%

Enterprise value$611.08M+113%

P/S124×+6.3×

Profitability

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Operating margin-4,498.1%-1,134pp

Net margin-4,342.4%-1,099pp

FCF margin-3,607.4%—

Returns & leverage

See full

Return on equity-216.1%+1,519pp

Debt / equity1.5×+0.4×

Current ratio3.8×-1.0×

Where this comes from

Reported directly by Prime Medicine in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

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

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Questions, answered.

What is Prime Medicine's deferred revenue?: Prime Medicine (PRME) reported deferred revenue of $7.32M in Q1 2026.
How has Prime Medicine's deferred revenue changed year-over-year?: Prime Medicine's deferred revenue decreased by 10.9% year-over-year, from $8.21M to $7.32M.
What does deferred revenue mean?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.