Q3 FY2026 · ended Sep 30, 2026 · Revenue $0 · Filed Nov 5, 2026
Cartesian Therapeutics, Inc. (RNAC) files with the SEC under industry code 2834, Pharmaceutical Preparations. In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, it reported revenue of $0 and a net loss of $11.5 million. Free cash flow was -$28.2 million. As of Sep 30, 2026 it held $123.0 million in cash and investments and $60.3 million in total debt.
Revenue
$0
Net income
$-11.47M
+68.0% vs year-ago quarter
Operating cash flow
$-27.73M
-77.8% vs year-ago quarter
Free cash flow
$-28.17M
-66.8% vs year-ago quarter
EPS
$-0.38
+72.5% vs year-ago quarter
Dividend per share
None
Shares outstanding
30.50M
+17.3% vs year-ago quarter
Net cash
$62.64M
Q3 FY2026
Operating margin
-5472.2%
Q1 FY2025
Company profile
- Industry
- Pharmaceutical Preparations (SIC 2834)
- Listed as
- RNAC (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Frederick, MD
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1453687
- Former names
- SELECTA BIOSCIENCES INC (until Nov 13, 2023)
Other Pharmaceutical Preparations companies
- ELI LILLY & Co LLY
- Johnson & Johnson JNJ
- AbbVie Inc. ABBV
- Merck & Co., Inc. MRK
- Novartis AG NVS
- Astrazeneca PLC AZN
- Abbott Laboratories ABT
- Novo Nordisk A S NVO
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q3 FY2026 Sep 30, 2026 |
Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Operating income | -$25.0M | -$29.2M | -$26.5M | -$78.6M | -$21.1M |
| Net income | -$11.5M | $15.8M | -$39.2M | -$92.6M | -$35.9M |
| Diluted EPS | -$0.38 | $0.46 | -$1.46 | -$3.56 | -$1.38 |
| Operating cash flow | -$27.7M | -$21.1M | -$22.1M | -$17.7M | -$15.6M |
| Free cash flow | -$28.2M | -$21.4M | -$22.2M | -$18.2M | -$16.9M |
| Total assets | $294.3M | $318.6M | $288.4M | $296.4M | $372.7M |
| Total liabilities | $424.8M | $443.9M | $436.5M | $422.7M | $408.5M |
| Stockholders' equity | -$130.5M | -$125.2M | -$148.1M | -$126.2M | -$35.8M |
| Cash and investments | $123.0M | $147.6M | $118.6M | $125.1M | $143.4M |
| Total debt | $60.3M | $63.9M | $11.9M | $12.7M | $12.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 5, 2026 | Nov 5, 2026 |
| 8-K |
Current report
Regulation FD disclosure, Other events
|
Sep 29, 2026 | Sep 29, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 17, 2026 | Jun 12, 2026 |
All 876 Cartesian Therapeutics, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.