NASDAQ$PRME

Prime Medicine Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Prime Medicine Inc reported a net loss of $52.6 million for the three months ended June 30, 2025.

The company recorded collaboration revenue of $1.1 million from its related party agreement. Operating expenses totaled $54.5 million, primarily driven by research and development activities of $41.4 million. Cash and cash equivalents stood at $53.8 million at quarter end, with total assets of $279.0 million.

  • Collaboration revenue from related party reached $1.1 million in Q2 2025.
  • Net loss narrowed slightly to $52.6 million compared to $55.3 million in the prior year quarter.
  • R&D expenses decreased to $41.4 million from $43.1 million year-over-year.
  • Cash position of $53.8 million supports operations into 2027 following subsequent financing.

Headline financials

Total Revenue

$1.12M

Previous: $0.00
EPS (adj)

-$0.41

Previous: -$0.46+10.9%
Research and development expenses

$41.4M

No prior period
General and administrative expenses

$13.1M

No prior period
Total operating expenses

$54.5M

No prior period
Total liabilities

$218M

No prior period
Total stockholders’ equity

$60.9M

No prior period
Capital Expenditures

-$3.99M

Previous: -$4.23M+5.5%
Net Income

-$52.6M

Previous: -$55.3M+4.9%
Operating Income

-$53.4M

Previous: -$55.7M+4.1%
Cash & Equivalents

$53.8M

No prior period
Total Assets

$279M

No prior period

Revenue & EPS history

Prime Medicine · Revenue · Quarterly

$1.12M

Q2 2025
Beat estimate in 0 of 9 quarters(0%)
ActualEstimate

Revenue by segment

Prime Medicine · $1.12M total across 1 segment · Q2 2025

  • Collaboration revenue — related party
    $1.12M

Forward guidance

Company plans to focus resources on in vivo liver franchise with IND filings targeted for first half and mid-2026; cash runway extended into 2027 with recent financing.

Tailwinds

  • Cash runway into 2027 supported by August 2025 offering of $138.2 million net proceeds.
  • Progress on Wilson's Disease and AATD programs in late preclinical stage.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports

Historical avg

-1.7%

Avg return

Earnings day

-7.2%

Avg return

5 days after

-10.8%

Avg return

30 days after

29%

5 / 17 earnings

Positive

+26.6%

Q1 2025

Best reaction

-9.8%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q4 2025-8.2%-13.9%-28.8%
Q3 2025-9.1%-15.1%-10.5%
Q1 2025+26.6%-7.5%+15.9%
Q4 2024+4.1%-4.5%-17.8%
Q3 2024-9.8%-23.8%-31.4%
Q2 2024-4.5%-2.5%-19.3%
Q1 2024+12.2%+18.2%+14.9%
Q4 2023+1.6%-2.4%-18.9%
Q3 2023+17.0%+13.1%+21.6%
Q2 2023-7.5%-14.9%-13.3%
Q1 2022-9.4%-10.5%+3.2%
Q1 2023-9.4%-10.5%+3.2%
Q4 2020-9.7%-11.7%-21.9%
Q4 2022-9.7%-11.7%-21.9%
Q3 2022-4.4%-8.1%-19.4%
Q3 2021-4.4%-8.1%-19.4%
Q4 2021-4.4%-8.1%-19.4%
Q2 2021
Q1 2021
Q4 2019

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