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Prime Medicine PRME Research and development funding liability

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Other financials

Income statement

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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

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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

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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

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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 prme:ResearchAndDevelopmentFundingLiabilityNoncurrent.

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 research and development funding liability?
Prime Medicine (PRME) reported research and development funding liability of $18M in Q1 2026.
How has Prime Medicine's research and development funding liability changed year-over-year?
Prime Medicine's research and development funding liability increased by 50.0% year-over-year, from $12M to $18M.
What does research and development funding liability mean?
This metric represents long-term financial obligations arising from external research and development funding arrangements, such as grants, collaborative agreements, or non-dilutive financing structures. It reflects the company's future repayment obligations or performance-based commitments associated with the advancement of its proprietary gene editing pipeline. Tracking this liability is essential for assessing the company's long-term capital structure and the potential impact of future R&D-related cash outflows on liquidity.