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Precigen, Inc.

Precigen, Inc.

NASDAQ•PGEN
CEO: Mr. Randal J. Kirk J.D.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2013-08-08
Precigen, Inc. operates as a discovery and clinical-stage biopharmaceutical company that develops gene and cell therapies using precision technology to target diseases in therapeutic areas of immuno-oncology, autoimmune disorders, and infectious diseases. It operates through two segments, Biopharmaceuticals and Exemplar. The company offers therapeutic platforms consisting of UltraCAR-T to provide chimeric antigen receptor T cell therapies for cancer patients; AdenoVerse immunotherapy, which utilizes a library of proprietary adenovectors for gene delivery of therapeutic effectors, immunomodulators, and vaccine antigen; and ActoBiotics for specific disease modification. It also develops programs based on the UltraCAR-T platform, including PRGN-3005 in Phase 1b clinical trial to treat advanced ovarian, fallopian tube, or primary peritoneal cancer; PRGN-3006 in Phase 1b trial for patients with relapsed or refractory acute myeloid leukemia and high-risk myelodysplastic syndromes; and PRGN-3007 in Phase 1/1b trial for the treatment of advanced receptor tyrosine kinase-like orphan receptor 1-positive, hematologic, and solid tumors. In addition, the company is developing programs based on the AdenoVerse immunotherapy platform comprising PRGN-2009 in Phase 2 trial for patients with HPV-associated cancer; and PRGN-2012 in Phase ½ trial to treat recurrent respiratory papillomatosis, as well as AG019, which is based on the ActoBiotics platform and in Phase 1b/2a trial, to treat type 1 diabetes mellitus. Further, it provides UltraPorator, a proprietary electroporation device; and develops research models and services for healthcare research applications. The company was formerly known as Intrexon Corporation and changed its name to Precigen, Inc. in February 2020. Precigen, Inc. was founded in 1998 and is headquartered in Germantown, Maryland.
Contact Information
20358 Seneca Meadows Parkway, Germantown, MD, 20876, United States
301-556-9900
precigen.com
Market Cap
$1.29B
P/E (TTM)
-5.1
40.5
Dividend Yield
--
52W High
$5.23
52W Low
$1.03
52W Range
77%
Rank78Top 99.8%
0.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 0.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$2.92M+206.61%
4-Quarter Trend

EPS

-$1.10+1165.82%
4-Quarter Trend

FCF

-$29.46M+24.74%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

FDA Approval Drives Revenue Total nine-month revenues hit $5.12M, increasing 87.2% driven by ECC termination revenue recognition event in September 2025.
Commercial Stage Achieved Papzimeos received full FDA approval in August 2025, transitioning company from development stage to commercial operations successfully.
New Term Loan Secured Company secured $100.0M senior secured term loan in September 2025 to fund commercial launch requirements and working capital.
Warrant Liability Settled Liability of $190.1M related to warrants was reclassified to permanent equity in Q3 2025, removing future fair value adjustments.

Risk Factors

Operating Losses Deepen Nine-month net loss widened to $(227.14M) versus $(106.51M) last year, reflecting ongoing significant cash burn.
Goodwill Impairment Recorded $3.91M goodwill impairment charge recorded for Exemplar unit following lowered financial expectations for remainder of 2025.
Significant Debt Obligations $100.0M term loan secured by substantially all U.S. assets, subject to restrictive covenants and interest rate exposure.
Cash Used in Operations Net cash used in operating activities totaled $(64.37M) for the nine months ended September 30, 2025, impacting liquidity.

Outlook

Focus on Commercial Launch Future revenue profile depends heavily on successful launch of Papzimeos and advancing proprietary technology platforms to market.
Pipeline Prioritization Continues Strategic focus remains on core immuno-oncology areas; enrollment paused for PRGN-3005 and PRGN-3007 clinical trials.
R&D Spending Decreases Nine-month R&D expenses fell 16.9% due to ActoBio shutdown and strategic pipeline prioritization announced in prior year.
Liquidity Runway Assessment Management projects existing liquid assets cover operations for at least one year from the date of this 10-Q filing.

Peer Comparison

Revenue (TTM)

AnaptysBio, Inc.ANAB
$169.47M
+196.4%
Xencor, Inc.XNCR
$167.36M
+64.5%
Tango Therapeutics, Inc.TNGX
$66.50M
+53.3%

Gross Margin (Latest Quarter)

Oculis Holding AGOCS
100.0%
+0.0pp
Nektar TherapeuticsNKTR
100.0%
+18.4pp
Tango Therapeutics, Inc.TNGX
99.0%
-1.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
PGEN$1.29B-5.1-3342.6%57.3%
ANAB$1.24B-14.8-1101.2%4.1%
XNCR$1.07B-6.2-26.7%24.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
34.9%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention

Research & Insights

Next earnings:Mar 18, 2026
|
EPS:-$0.10
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 13, 2025|
    Revenue: $2.92M+206.6%
    |
    EPS: $-1.10+1165.8%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 12, 2025|
    Revenue: $856.00K+19.4%
    |
    EPS: $-0.09-60.9%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 14, 2025|
    Revenue: $1.34M+25.9%
    |
    EPS: $-0.18+89.1%
    Miss
  • Form 10-K/A - FY 2024

    Period End: Dec 31, 2024|Filed: Apr 28, 2025|
    Revenue: $3.93M-36.9%
    |
    EPS: $-0.47-20.5%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 19, 2025|Refer to amended data
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 14, 2024|
    Revenue: $953.00K-30.9%
    |
    EPS: $-0.09+9.0%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 14, 2024|
    Revenue: $717.00K-59.4%
    |
    EPS: $-0.23+180.8%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 14, 2024|
    Revenue: $1.07M-42.5%
    |
    EPS: $-0.10-3.7%
    Miss