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Cartesian Therapeutics, Inc.

$8.19 +$1.43 (+21.15%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$8.43
Day Range
$8.19$8.88
Year Range
$5.6$11
Market Cap
240.63M
AVG Volume
226.72K
Trailing/Forward PE
-1.38/-
PEG ratio
-0.04
Dividend Yield
-
Next Earnings Date
2026-11-05
Primary Exchange
NASDAQUS
Revenue (USD)
050M100M150M2016201720182019202020212022202320242025
RNAC Revenue (USD) by year
PeriodRevenue (USD)
20252.8M
202438.91M
202326M
2022110.78M
202185.08M
202016.6M
20196.68M
2018903K
2017207K
20168.08M
Net Income (USD)
-300M-200M-100M0100M2016201720182019202020212022202320242025
RNAC Net Income (USD) by year
PeriodNet Income (USD)
2025-130.3M
2024-77.42M
2023-219.71M
202235.38M
2021-25.69M
2020-68.88M
2019-55.35M
2018-65.34M
2017-65.32M
2016-36.21M
Operating Income (USD)
-100M-50M050M2016201720182019202020212022202320242025
RNAC Operating Income (USD) by year
PeriodOperating Income (USD)
2025-86.7M
2024-43.9M
2023-86.42M
202214.54M
2021-4.6M
2020-56.82M
2019-52.45M
2018-65.02M
2017-63.78M
2016-34.67M
EBITDA (USD)
-300M-200M-100M0100M2016201720182019202020212022202320242025
RNAC EBITDA (USD) by year
PeriodEBITDA (USD)
2025-136.54M
2024-75.99M
2023-235.03M
202240.09M
2021-4.87M
2020-66.59M
2019-51.74M
2018-62.89M
2017-63.36M
2016-34.16M
Cash Flows (USD)
-100M-50M050M2016201720182019202020212022202320242025
RNAC Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-79.39M
2024-32.77M
2023-51.37M
2022-32.83M
2021-61.47M
202034.07M
2019-51.48M
2018-60.05M
2017-52.77M
2016-20.27M
EPS (USD)
-150-100-500502016201720182019202020212022202320242025
RNAC EPS (USD) by year
PeriodEPS (USD)
2025-4.92
2024-11.16
2023-49.77
20228.12
2021-7.23
2020-20.74
2019-36.67
2018-87.56
2017-96.31
2016-135.83
Expenses (USD)
050M100M150MR&DSG&ACapex2016201720182019202020212022202320242025
RNAC Expenses (USD) by year
PeriodExpenses (USD)
202594.96M
202484.32M
2023112.63M
202295.15M
202190.76M
202074.23M
201959.18M
201866.81M
201764.72M
201643.34M
Cash & Debt (USD)
0100M200M300MCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
RNAC Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025125.14M
2024212.61M
202376.91M
2022134.6M
2021128.06M
2020138.69M
201989.89M
201837.4M
201796.64M
201684.14M
Debt ratios
00.511.520182019202020212022202320242025
RNAC Debt ratios by year
PeriodDebt ratios
20250.28
20240.72
20230.25
20221.16
20210.5
20200.42
20190.33
20180.09
Margins
-400%-200%0%200%2016201720182019202020212022202320242025
RNAC Margins by year
PeriodMargins
2025-357.53%
2024100%
2023-90%
202297.93%
2021100%
2020100%
2019100%
2018100%
2017100%
2016100%
Return on Capital
-1000%-500%0%500%1000%1500%2016201720182019202020212022202320242025
RNAC Return on Capital by year
PeriodReturn on Capital
2025103.22%
20241138.25%
202349.91%
202237.71%
2021-114.06%
2020382.52%
2019-659.16%
20181205.91%
2017-126.07%
2016-65.89%
Shares Outstanding
010M20M30M2016201720182019202020212022202320242025
RNAC Shares Outstanding by year
PeriodShares Outstanding
202525.97M
202425.91M
20235.17M
20224.83M
20213.84M
20203M
20191.45M
2018623.63K
2017618.59K
2016507.38K
Book Value Per Share (USD)
-100-500501001502016201720182019202020212022202320242025
RNAC Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
2025-4.86
2024-0.26
2023-85.14
202219.45
20215.87
2020-6.01
20195.78
2018-8.69
201783.76
2016108.31
Total Assets (USD)
0200M400M600M2016201720182019202020212022202320242025
RNAC Total Assets (USD) by year
PeriodTotal Assets (USD)
2025296.41M
2024435.02M
2023305.05M
2022165.89M
2021159.88M
2020165.44M
201999.57M
201844.48M
2017101.1M
201689.3M
Employee Count
02040608020242025
RNAC Employee Count by year
PeriodEmployee Count
202575
202466
PE Ratio
24681012med 6.23Jun 22Aug 22Oct 22Dec 22Feb 23Mar 23May 23
RNAC PE Ratio by year
PeriodPE Ratio
May 234.3
May 234.66
May 234.75
May 234.42
Apr 234.87
Apr 234.54
Apr 234.95
Apr 235.36
Mar 235.69
Mar 235.77
Mar 235.52
Mar 235.61
Mar 236.34
Feb 235.68
Feb 236.41
Feb 236.78
Feb 236.74
Jan 236.52
Jan 236.26
Jan 236.19
Jan 234.51
Dec 224.14
Dec 223.59
Dec 224.43
Dec 224.54
Dec 224.87
Nov 225.8
Nov 226.55
Nov 227.21
Nov 227.68
Oct 227.96
Oct 227.35
Oct 227.16
Oct 227.72
Sep 227.68
Sep 227.02
Sep 228.61
Sep 228.66
Sep 228.57
Aug 228.93
Aug 2210.01
Aug 2211.04
Aug 2210.59
Jul 227.13
Jul 227.4
Jul 227.67
Jul 227.09
Jul 225.97
Jun 225.97
Jun 225.56
Jun 225.12
Jun 223.96
Free Cash Flow Yield
-60%-40%-20%0%med -18.6%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
RNAC Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-32.38%
Sep 26-28.61%
Aug 26-27.63%
Aug 26-26.42%
Aug 26-30%
Aug 26-29.97%
Jul 26-36.94%
Jul 26-36.56%
Jul 26-34.88%
Jul 26-30.46%
Jul 26-27.21%
Jun 26-30.59%
Jun 26-29.92%
Jun 26-30.3%
Jun 26-49.33%
May 26-38.21%
May 26-42.68%
May 26-39.04%
May 26-33.31%
May 26-46.32%
Apr 26-45.29%
Apr 26-43.42%
Apr 26-51.12%
Apr 26-48.83%
Mar 26-52.25%
Mar 26-46.96%
Mar 26-41.36%
Mar 26-38.68%
Feb 26-34.91%
Feb 26-38.23%
Feb 26-40.64%
Feb 26-40.83%
Jan 26-38.79%
Jan 26-34.68%
Jan 26-35.71%
Jan 26-32.31%
Jan 26-39.2%
Dec 25-39.67%
Dec 25-36.7%
Dec 25-31.1%
Dec 25-38.51%
Nov 25-35.38%
Nov 25-36.6%
Nov 25-35.52%
Nov 25-33.67%
Oct 25-20.97%
Oct 25-18.7%
Oct 25-19.02%
Oct 25-18.38%
Oct 25-16.81%
Sep 25-18.5%
Sep 25-18.15%
Sep 25-17.7%
Sep 25-16.1%
Aug 25-17.05%
Aug 25-15.26%
Aug 25-15.12%
Aug 25-16.27%
Aug 25-12.66%
Jul 25-11.71%
Jul 25-13.18%
Jul 25-11.72%
Jul 25-13.92%
Jun 25-14.62%
Jun 25-15.99%
Jun 25-14.98%
Jun 25-14.14%
May 25-16.33%
May 25-17.04%
May 25-15.21%
May 25-15.77%
May 25-9.96%
Apr 25-10.69%
Apr 25-12.05%
Apr 25-11.85%
Apr 25-12.65%
Mar 25-8.7%
Mar 25-7.88%
Mar 25-8%
Mar 25-12.25%
Feb 25-11.97%
Feb 25-11.72%
Feb 25-11.46%
Feb 25-12.28%
Jan 25-11.68%
Jan 25-11.74%
Jan 25-11.69%
Jan 25-13.39%
Jan 25-13.38%
Dec 24-11.39%
Dec 24-11.85%
Dec 24-12.07%
Dec 24-8.97%
Nov 24-11.97%
Nov 24-11.95%
Nov 24-13.01%
Nov 24-10.86%
Nov 24-19.79%
Oct 24-18.92%
Oct 24-17.03%
Price to Sales
0100200300med 91.23Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
RNAC Price to Sales by year
PeriodPrice to Sales
Sep 26163.4
Sep 26184.94
Aug 26191.53
Aug 26200.3
Aug 26176.36
Aug 26176.56
Jul 26118.01
Jul 26119.22
Jul 26124.97
Jul 26143.13
Jul 26160.22
Jun 26142.52
Jun 26145.7
Jun 26143.88
Jun 2688.36
May 26114.08
May 26102.13
May 26111.66
May 26130.87
May 2694.11
Apr 2662.68
Apr 2665.37
Apr 2655.53
Apr 2658.13
Mar 2654.32
Mar 2660.45
Mar 2668.62
Mar 26163.26
Feb 26180.9
Feb 26165.17
Feb 26155.4
Feb 26154.68
Jan 26162.79
Jan 26182.09
Jan 26176.85
Jan 26195.44
Jan 26161.12
Dec 25159.21
Dec 25172.08
Dec 25203.07
Dec 25163.98
Nov 25178.52
Nov 25172.56
Nov 25177.8
Nov 25187.57
Oct 25206.88
Oct 25231.95
Oct 25228.15
Oct 25236
Oct 25258.03
Sep 25234.48
Sep 25239.04
Sep 25245.12
Sep 25269.42
Aug 25254.49
Aug 25284.36
Aug 25286.9
Aug 25266.64
Aug 259.35
Jul 2510.1
Jul 258.97
Jul 2510.1
Jul 258.5
Jun 258.1
Jun 257.4
Jun 257.9
Jun 258.37
May 257.25
May 256.94
May 257.78
May 257.5
May 258.46
Apr 257.88
Apr 256.99
Apr 257.1
Apr 256.66
Mar 259.68
Mar 2510.69
Mar 2510.52
Mar 258.24
Feb 258.44
Feb 258.62
Feb 258.81
Feb 258.22
Jan 258.65
Jan 258.6
Jan 258.64
Jan 257.54
Jan 257.55
Dec 248.86
Dec 248.52
Dec 248.37
Dec 2411.26
Nov 248.43
Nov 248.45
Nov 247.76
Nov 249.3
Nov 246.08
Oct 246.36
Oct 247.07
EV/EBITDA
0246med 2.38Jun 22Aug 22Oct 22Dec 22Feb 23Mar 23May 23
RNAC EV/EBITDA by year
PeriodEV/EBITDA
May 231.38
May 231.7
May 231.78
May 231.49
Apr 231.89
Apr 231.6
Apr 231.96
Apr 232.32
Mar 232.61
Mar 232.68
Mar 232.46
Mar 232.54
Mar 233.19
Feb 232.77
Feb 233.43
Feb 233.75
Feb 233.72
Jan 233.52
Jan 233.29
Jan 233.23
Jan 231.72
Dec 221.39
Dec 220.89
Dec 221.65
Dec 221.75
Dec 222.04
Nov 221.47
Nov 221.92
Nov 222.31
Nov 222.6
Oct 222.76
Oct 222.4
Oct 222.28
Oct 222.62
Sep 222.6
Sep 222.2
Sep 223.16
Sep 223.19
Sep 223.13
Aug 223.39
Aug 224
Aug 224.59
Aug 224.33
Jul 222.37
Jul 222.52
Jul 222.67
Jul 222.34
Jul 221.7
Jun 221.7
Jun 221.47
Jun 221.22
Jun 220.56
Price/Operating Cashflow
57.51012.51517.5med 10.24Dec 20Feb 21Apr 21Jun 21Aug 21Oct 21Nov 21
RNAC Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Nov 216.82
Nov 217.55
Nov 218.56
Nov 219.27
Oct 218.45
Oct 219.29
Oct 2110.05
Oct 2110.07
Oct 219.83
Sep 2110.16
Sep 2110.47
Sep 2110.38
Sep 2110.54
Aug 2110.77
Aug 2110.56
Aug 2111.57
Aug 2110.37
Jul 219.27
Jul 219.27
Jul 219.73
Jul 2110.69
Jul 2111.41
Jun 2112.38
Jun 2112.59
Jun 2113.32
Jun 2111.95
May 2111.18
May 218.22
May 217.68
May 218.01
Apr 217.73
Apr 219.89
Apr 219.97
Apr 2110.77
Apr 2111.67
Mar 2110.77
Mar 2111.79
Mar 2111
Mar 219.77
Feb 2112.66
Feb 2114.07
Feb 2113.77
Feb 2115.21
Jan 2112
Jan 2110.32
Jan 2110.65
Jan 219.99
Dec 209.09
Dec 209.81
Dec 209
Dec 209.66
Dec 209.63
Price to Book
0200400600800med 2.52Oct 22Jan 23May 23Aug 23Dec 23Nov 24Mar 25
RNAC Price to Book by year
PeriodPrice to Book
Mar 25525.36
Feb 25537.93
Feb 25549.35
Feb 25561.63
Feb 25524.22
Jan 25551.35
Jan 25548.21
Jan 25550.78
Jan 25480.82
Jan 25481.11
Dec 24565.05
Dec 24543.07
Dec 24533.36
Dec 24717.81
Nov 24537.64
Nov 24538.78
Nov 24494.81
Nov 24592.75
Feb 241.87
Feb 242.02
Feb 241.74
Feb 241.82
Jan 241.96
Jan 241.96
Jan 242.15
Jan 241.6
Dec 231.77
Dec 231.83
Dec 231.92
Dec 231.87
Dec 232.54
Nov 233.12
Nov 232.51
Nov 232.25
Nov 232.7
Oct 232.88
Oct 232.58
Oct 232.53
Oct 232.39
Sep 232.49
Sep 232.49
Sep 232.67
Sep 232.67
Sep 232.88
Aug 232.34
Aug 232.32
Aug 232.26
Aug 232.26
Jul 232.2
Jul 232.39
Jul 232.2
Jul 232.24
Jun 232.3
Jun 232.43
Jun 232.43
Jun 232.71
Jun 232.63
May 231.62
May 231.76
May 231.79
May 231.67
Apr 231.84
Apr 231.71
Apr 231.87
Apr 232.02
Mar 232.14
Mar 232.18
Mar 232.08
Mar 232.11
Mar 232.39
Feb 232.79
Feb 233.15
Feb 233.33
Feb 233.31
Jan 233.2
Jan 233.08
Jan 233.04
Jan 232.21
Dec 222.03
Dec 221.76
Dec 222.18
Dec 222.23
Dec 222.39
Nov 222.06
Nov 222.32
Nov 222.55
Nov 222.72
Oct 222.82
Oct 222.6
Oct 222.54
Oct 222.73
Sep 222.72
Sep 222.49
Sep 223.05
Sep 223.07
Sep 223.03
Aug 224.43
Aug 224.97
Aug 225.48
Aug 225.26
Cartesian Therapeutics, Inc.
RNAC
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News: RNAC

Cartesian Therapeutics Announces New Employment Inducement Grants

globenewswire.com · 8 Sep 2026

Cartesian Therapeutics Announces New Employment Inducement Grants

FREDERICK, Md., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) (the “Company”), a late clinical-stage biotechnology company pioneering cell therapy for autoimmune diseases, today announced the granting of inducement awards to three new employees.

Cartesian Therapeutics to Participate in Upcoming Investor Conferences

globenewswire.com · 3 Sep 2026

Cartesian Therapeutics to Participate in Upcoming Investor Conferences

FREDERICK, Md., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) (the “Company”), a late clinical-stage biotechnology company pioneering cell therapy for autoimmune diseases, today announced that its management expects to participate in the following investor conferences in September:

Cartesian Therapeutics Announces New Employment Inducement Grants

globenewswire.com · 7 Aug 2026

Cartesian Therapeutics Announces New Employment Inducement Grants

FREDERICK, Md., Aug. 07, 2026 (GLOBE NEWSWIRE) -- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) (the “Company”), a late clinical-stage biotechnology company pioneering cell therapy for autoimmune diseases, today announced the granting of inducement awards to four new employees consisting of options to purchase an aggregate of 115,250 shares of the Company's common stock with effective grant dates of August 3, 2026 and August 6, 2026.

Cartesian Therapeutics Reports Second Quarter 2026 Financial Results and Provides Business Update

globenewswire.com · 6 Aug 2026

Cartesian Therapeutics Reports Second Quarter 2026 Financial Results and Provides Business Update

Phase 3 AURORA trial of Descartes-08 in myasthenia gravis (MG) continues to advance; data expected in 1Q27, biologics license application (BLA) filing planned for mid-2027

Cartesian Therapeutics Announces New Employment Inducement Grants

globenewswire.com · 2 Jul 2026

Cartesian Therapeutics Announces New Employment Inducement Grants

FREDERICK, Md., July 02, 2026 (GLOBE NEWSWIRE) -- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) (the “Company”), a late clinical-stage biotechnology company pioneering cell therapy for autoimmune diseases, today announced the granting of inducement awards to eight new employees. On July 1, 2026, the Company issued to these employees options to purchase an aggregate of 238,700 shares of the Company's common stock with an exercise price of $10.18, the closing trading price of the Company's common stock on the Nasdaq Global Market on the date of grant. The options were granted pursuant to the Company's Amended and Restated 2018 Employment Inducement Incentive Award Plan and were approved by the Company's board of directors. The options vest as to 25% on July 1, 2027, and then in thirty-six substantially equal monthly installments thereafter such that the options will be fully vested on July 1, 2030. The options have a ten-year term. The options were granted under Rule 5635(c)(4) of the Nasdaq Listing Rules as an inducement material to the employees' entry into employment with the Company.

New Strong Sell Stocks for July 1st

zacks.com · 1 Jul 2026

New Strong Sell Stocks for July 1st

CZR, RNAC and NSP have been added to the Zacks Rank #5 (Strong Sell) List on July 1, 2026.

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