Q32 Bio Inc.

Q32 Bio Inc.

QTTB·NASDAQ

$12.64

+23%
HealthcareBiotechnology

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 anti–interleukin-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.

At a Glance

Live Snapshot
Market Cap$161.49M
EPS2.4200
P/E Ratio1.37
Earnings Date08/05/2026
3Y+206.0%
5Y-64.0%
10Y+295.0%
3Y-384.0%
5Y-97.0%
10Y-409.0%
3Y-110.0%
5Y-106.0%
10Y-926.0%
QTTB

Q32 Bio Inc. Cash Conversion Engine

QTTB · NASDAQ
Net Income-17.36M
Depreciation & Amortization25.00K
Stock-Based Compensation2.70M
Change in Working Capital-4.04M
Others-14.87M
Capital Expenditures2.00K
Free Cash Flow-24.18M

Cash Flow Quality Analysis

FCF Conversion Rate

139.3%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-0.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+64.3%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$4.04M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Q32 Bio Inc. Cash Flow Statement

QTTB • NASDAQ

Q32 Bio Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 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

SEC Filings

QTTB - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 116 filings