$14.00
+19%Q32 Bio Inc., a clinical-stage biotechnology company, develops biologic therapeutics to restore healthy immune balance in patients with autoimmune and inflammatory diseases driven by pathological immune dysfunction in the United States. Its lead product candidate is ADX-097, a humanized anti-C3d monoclonal antibody fusion protein to restore complement regulation, which has completed Phase I clinical trial for the treatment of renal and other complement-mediated diseases of high unmet need, including lupus nephritis, immunoglobulin A nephropathy, complement component 3 glomerulopathy, and anti-neutrophil cytoplasmic antibody-associated vasculitis. The company is also developing Bempikibart (ADX-914), a fully human antiinterleukin-7 receptor alpha antagonist monoclonal antibody designed to re-regulate adaptive immune function by blocking signaling mediated by interleukin-7 and thymic stromal lymphopoietin that is Phase II clinical trial for the treatment of atopic dermatitis and alopecia areata. Q32 Bio Inc. was formerly known as AdMIRx Inc. and changed its name to Q32 Bio Inc. in April 2020. The company was founded in 2017 and is based in Waltham, Massachusetts.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
QTTB • NASDAQ
| Q32 Bio Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||
-17.4M | -47.7M | -53.7M | -42.8M | -95.8M | -128.7M | -103.9M | -55.6M | -30M | -8M | |
25K | 487K | 499K | 370K | 9.5M | 8.9M | 6.3M | 1.3M | 684.2K | 239.8K | |
0.0 | 0.0 | 0.0 | 2.4M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
2.7M | 4.4M | 1.4M | 1.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-14.9M | -15.2M | 6.8M | 876K | 18.3M | 13.9M | 5.8M | -644K | 716K | -1.6M | |
-4M | -9.6M | 26.3M | 26.9M | -41.8M | 11.5M | 463K | 10.6M | 34.7M | 928.5K | |
-33.5M | -67.7M | -18.7M | -11M | -109.8M | -94.3M | -91.4M | -42.6M | 6.5M | -8.5M | |
INVESTING ACTIVITIES | ||||||||||
(2K) | -75K | -5K | -2.5M | -2.4M | -3.7M | -21.8M | -24.9M | -2M | -2M | |
(7M) | (0.0) | (0.0) | (130M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
(0.0) | (0.0) | (0.0) | -157.5M | -97.4M | -20M | -286.4M | -245.3M | -79.6M | -276K | |
0.0 | 20M | 0.0 | 65.5M | 49M | 228.6M | 256.4M | 148.5M | 0.0 | 0.0 | |
-2K | 0.0 | 0.0 | -38M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
(7M) | (19.9M) | -5K | -2.5M | -50.8M | (204.9M) | -51.8M | -121.8M | -81.5M | -2.3M | |
FINANCING ACTIVITIES | ||||||||||
0.0 | 42M | 106K | 69K | 52.2M | 53.1M | 158.2M | 151M | 115.2M | 378.3K | |
-3.1M | 7M | 300K | 30M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -17.5K | (0.0) | |
0.0 | 46.1M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-3.1M | 95.1M | 406K | 30.1M | 52.2M | 53.1M | 158.2M | 151M | 115.2M | 378.3K | |
CASH FLOW SUMMARY | ||||||||||
0.0 | 0.0 | 9.9M | 0.0 | -679K | 0.0 | 498K | 0.0 | 0.0 | 0.0 | |
-29.7M | 47.3M | -8.4M | 16.6M | -109M | 163.7M | 15.6M | -13.4M | 40.2M | -10.4M | |
78.6M | 31.3M | 34M | 32.9M | 217.4M | 53.8M | 38.2M | 51.6M | 11.4M | 21.8M | |
48.9M | 78.6M | 25.6M | 49.5M | 108.4M | 217.4M | 53.8M | 38.2M | 51.6M | 11.4M | |
-24.2M | -67.8M | -18.7M | -13.4M | -112.1M | -98.1M | -113.2M | -67.5M | 4.5M | -10.5M |
QTTB - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 27, 2026 | May 26, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 05, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 05, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 30, 2026 | June 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 24, 2026 | April 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 27, 2026 | March 27, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 10, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 10, 2026 | March 10, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 17, 2026 | February 17, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 19, 2025 | December 17, 2025 | 2025 |
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