NASDAQ$FATE
Fate Therapeutics Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported financial results for the second quarter ended June 30, 2022 and highlighted operational progress.
Fate Therapeutics reported a revenue of $18.5 million for the second quarter of 2022, derived from collaborations with Janssen and ONO. The company's cash, cash equivalents, and investments totaled $580.8 million as of June 30, 2022. Research and development expenses were $81.3 million, while general and administrative expenses were $20.4 million for the same period.
- FT596+R Enrollment Ongoing in Multi-dose, Multi-cycle Cohorts for R/R BCL; Initiated Study Start-up for Investigation of FT596+R-CHOP in Newly-diagnosed Patients with Aggressive BCL
- FT516 RMAT Meeting Scheduled with FDA for 3Q22 to Discuss Registrational Pathways for R/R BCL
- First Patient Treated with FT536 iPSC-derived CAR MICA/B NK Cell Product Candidate for Solid Tumors
- Commercial Option Exercised by Janssen for First Antigen Program; First IND Submission for CAR NK Cell Collaboration Product Planned for 2H22
Headline financials
Revenue & EPS history
Fate Therapeutics · Revenue · Quarterly
$18.5M
Revenue by segment
Fate Therapeutics · $18.5M total across 1 segment · Q2 2022
- Collaboration Revenue$18.5M+38.1%100.0%
Forward guidance
The company expects to submit its first IND application under the collaboration during the second half of 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2022
+0.8%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+0.1%
Avg return
30 days after
44%
20 / 45 earnings
Positive
+19.0%
Q2 2016
Best reaction
-15.2%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.9% | -22.8% | -8.5% | |
| Q4 2025 | +6.1% | -7.4% | -20.9% | |
| Q3 2025 | -2.1% | +6.1% | +16.2% | |
| Q1 2025 | -3.7% | +22.0% | +27.0% | |
| Q4 2024 | -1.6% | +2.2% | +20.7% | |
| Q3 2024 | -15.2% | -21.1% | -24.6% | |
| Q2 2024 | -1.8% | +2.1% | +12.3% | |
| Q1 2024 | +10.3% | +14.1% | -0.5% | |
| Q4 2023 | +7.2% | +11.2% | +5.5% | |
| Q3 2023 | -7.8% | -13.9% | -3.0% | |
| Q2 2023 | -4.2% | -13.0% | -30.4% | |
| Q1 2023 | +4.2% | -7.9% | -11.3% | |
| Q4 2022 | +1.3% | +1.7% | -11.8% | |
| Q3 2022 | -1.0% | -2.1% | +4.3% | |
| Q2 2022 | +6.3% | +11.5% | -12.8% | |
| Q1 2022 | -5.5% | -22.3% | -17.8% | |
| Q4 2021 | -1.5% | -7.0% | +14.1% | |
| Q3 2021 | +1.7% | +1.1% | -20.5% | |
| Q2 2021 | +14.8% | +15.0% | -12.3% | |
| Q1 2021 | -4.0% | -5.0% | -8.7% | |
| Q4 2020 | -9.6% | +1.2% | -24.4% | |
| Q3 2020 | -3.1% | +5.6% | +22.0% | |
| Q2 2020 | +2.5% | +10.4% | -4.6% | |
| Q1 2020 | -0.3% | -1.4% | +14.4% | |
| Q4 2019 | -3.3% | +0.9% | -30.8% | |
| Q3 2019 | -12.5% | -4.6% | -11.3% | |
| Q2 2019 | -3.8% | -2.9% | -6.0% | |
| Q1 2019 | -7.8% | -2.6% | -1.1% | |
| Q4 2018 | -3.1% | -0.1% | +12.0% | |
| Q3 2018 | +18.4% | +16.5% | +23.3% | |
| Q2 2018 | +15.6% | +17.6% | +28.6% | |
| Q1 2018 | -14.0% | -10.4% | +8.7% | |
| Q4 2017 | -1.6% | -0.8% | -20.8% | |
| Q3 2017 | -1.0% | +4.0% | -8.0% | |
| Q2 2017 | +6.7% | -3.4% | +44.6% | |
| Q1 2017 | +1.2% | -1.0% | -24.7% | |
| Q4 2016 | +5.5% | -3.4% | -10.4% | |
| Q3 2016 | +10.8% | +50.3% | +53.3% | |
| Q2 2016 | +19.0% | +21.3% | +20.9% | |
| Q1 2016 | +0.6% | — | — | |
| Q4 2015 | +15.9% | — | — | |
| Q2 2015 | -5.1% | — | — | |
| Q1 2015 | -0.3% | — | — | |
| Q4 2014 | +3.9% | — | — | |
| Q3 2013 | +1.9% | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — |
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