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Beam Therapeutics (BEAM) Q3 FY2026 earnings: revenue $307,000, down 96.8% on the year

Beam Therapeutics Inc. (BEAM) reported revenue of $307,000 for Q3 FY2026, the quarter ended 30 September 2026, down 96.8% on the same quarter a year earlier. Net income was -$134 million, and diluted earnings per share $-1.28. The figures are the company's own, from the 10-Q it filed with the SEC on 3 November 2026.

Revenue
$307,000
-96.8% on the year · -37.3% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
-46033.2%
-1307.6% a year earlier
Q4 FY2024Q3 FY2026
Net income
-$134 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$1.28
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 2 kept.

  • Updated AATD data shown at ERS: In September, updated Phase 1/2 BEAM-302 data were presented at ERS. With up to 18 months of follow-up, the data showed higher total and functional AAT, decreased neutrophil elastase activity and reduced mutant Z-AAT after one dose.
  • Third PKU base editor nominated: Beam nominated a third base editor for an undisclosed PKU mutation, bringing BEAM-304 to three base editors. The company believes the program could address up to 50% of U.S. PKU patients.
  • Initial BEAM-301 fasting-time improvement: Initial Phase 1/2 data showed dose-dependent improvement in time to fasting hypoglycemia across all patients, with complete elimination of starch supplementation.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue0.30.59.7-37.3%-96.8%
Research and development11095.1110+15.8%+0.3%
Operating income-141-127-127
Operating margin-46033.2%-25827.1%-1307.6%
Pre-tax incomen/an/a-113
Income tax0.00.00.0
Net income-134-123-113
Net margin-43780.1%-25036.3%-1162.4%
Diluted EPS-$1.28-$1.18-$1.10
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow-111-66.1-81.5
Capital expenditure1.22.45.0-49.8%-75.8%
Free cash flow-112-68.5-86.5
Free cash flow margin-36468.7%-13981.6%-891.8%
Cash from investing102-9.965.7+55.1%
Cash from financing2.37.51.7-69.1%+38.9%
Depreciation and amortisation5.45.45.6+0.6%-2.1%
Share-based compensation18.619.322.7-3.8%-18.4%
Diluted shares, weighted105m104m103m+0.4%+2.1%
Shares outstanding at period end103m103m101m+0.2%+2.1%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity9531,067966-10.8%-1.4%
Debt100100n/a+0.1%
Operating lease liabilities128132139-3.1%-7.8%
Other liabilities88.286.8206+1.6%-57.3%
Total liabilities and equity1,2691,3861,311-8.5%-3.2%
Fixed assets94.097.6108-3.7%-13.2%
Investments831933807-11.0%+2.9%
Cash and equivalents213220268-3.0%-20.4%
Other assets131136128-3.4%+2.6%
Total assets1,2691,3861,311-8.5%-3.2%

Questions

What was Beam Therapeutics' revenue in Q3 FY2026?

Beam Therapeutics (BEAM) reported revenue of $307,000 for Q3 FY2026, the quarter ended 30 September 2026, down 96.8% on the same quarter a year earlier.

How much did Beam Therapeutics earn in Q3 FY2026?

Net loss for Q3 FY2026 was $134 million, and the diluted loss per share $1.28.

When did Beam Therapeutics report Q3 FY2026 results?

Beam Therapeutics filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 3 November 2026.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025 †Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue51.18.416.715.820.024.220.117.23167.411.814.330.17.58.59.711431.70.50.3
R&D96.865.474.685.386.399.697.610014084.887.094.310198.810211099.310595.1110
Operating income-63.5-76.2-82.0-91.3-89.0-98.9-102-108133-104-105-107-100-119-120-127-17.4-107-127-141
Operating margin-124%-904%-492%-578%-444%-409%-508%-630%42%-1405%-891%-746%-333%-1597%-1419%-1308%-15%-338%-25827%-46033%
Pre-tax incomen/an/an/a-81.7n/an/a-82.8-96.1n/an/a-91.0-96.7n/an/a-102-113n/an/an/an/a
Net income-64.7-69.2-72.0-110-38.3-96.5-82.8-96.1143-98.7-91.1-96.7-90.4-108-102-113244-94.3-123-134
Net margin-127%-821%-432%-694%-191%-398%-411%-559%45%-1332%-773%-677%-301%-1450%-1208%-1162%214%-297%-25036%-43780%
Diluted EPS-$0.77-$1.01-$1.02-$1.56-$0.54-$1.33-$1.08-$1.22$1.73-$1.21-$1.11-$1.17-$1.09-$1.23-$1.00-$1.10$2.33-$0.91-$1.18-$1.28
Operating cash flow1.8218-52.3-74.5-69.2-110-84.7-89.8135-99.7-83.0-88.1-76.4-104-76.5-81.5-83.3-129-66.1-111
Capital expenditure13.47.321.611.88.36.016.27.93.62.42.01.63.03.13.15.03.72.22.41.2
Free cash flow-11.5211-73.9-86.3-77.5-116-101-97.7131-102-85.0-89.7-79.3-107-79.6-86.5-87.0-131-68.5-112
Shares outstanding68m70m70m70m71m74m78m79m82m82m82m83m84m101m101m101m102m103m103m103m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 3 November 2026: the filing.