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CRISPR Therapeutics — Third Quarter 2026 Earnings Summary

  • CASGEVY revenue surged to $99 million in Q3 2026, representing 30% quarter-over-quarter growth and nearly six times the prior year's figure, driving total revenue to $12.7 million from $0.9 million year-over-year.
  • Net loss widened to $111.4 million from $106.4 million in Q3 2025, while R&D expenses rose to $71.9 million due to increased external costs and $11.7 million in acquired in-process R&D expenses.
  • Cash and marketable securities increased to $2,276.6 million as of September 30, 2026, following $585.4 million in net proceeds from convertible senior notes issued in March 2026.
  • Management outlined a "pivotal period" with upcoming data presentations for CTX310 and zugo-cel in November 2026, alongside expected updates on CTX611 and zugo-cel trials in the second half of 2026.
  • Key leadership changes include the appointment of A.J. Silver as Chief Financial Officer and Siva Sakhamuri as Chief Technical Officer, while CASGEVY approvals expanded to include children aged 2 and older in the U.S. and additional international markets.
Company
CRISPR THERAPEUTICS AG
Sector
Healthcare
Industry
Biotechnology