Korro Bio, Inc.
NASDAQ•KRRO
CEO: Mr. Nessan Bermingham Ph.D.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2019-10-03
Korro Bio, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of genetic medicines based on editing RNA for the treatment of rare and highly prevalent diseases primarily in the United States. Its lead product candidate is KRRO-110 which is in preclinical trials for the treatment of Alpha-1 Antitrypsin Deficiency (AATD). It uses its RNA editing platform, OPERA to generate differentiated RNA editing product candidates. The company is also developing programs for Parkinson's disease, Amyotrophic lateral sclerosis, severe alcohol-associated hepatitis, and other subsets of pain. Korro Bio, Inc. has a collaboration agreement with Novo Nordisk A/S for the discovery and development of new genetic medicines to treat cardiometabolic diseases. Korro Bio, Inc. was founded in 2018 and is based in Cambridge, Massachusetts.
Contact Information
One Kendall Square, Building 600-700 Suite 6-401, Cambridge, MA, 02139, United States
617-468-1999
Market Cap
$119.94M
P/E (TTM)
-1.2
22.8
Dividend Yield
--
52W High
$55.89
52W Low
$5.20
52W Range
Rank59Top 87.6%
2.2
F-Score
Modified Piotroski Analysis
Based on 8-year fundamentals
Weak • 2.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2018-2025
Financial Dashboard
Q1 2026 Data
Revenue
$0.00+0.00%
4-Quarter Trend
EPS
-$1.69+0.00%
4-Quarter Trend
FCF
-$16.10M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Collaboration Revenue Increased Collaboration revenue reached $6.4M USD in 2025, up $4.1M USD from $2.3M USD in 2024, driven by Novo Nordisk agreement.
KRRO-121 Advancement Progressing Lead candidate KRRO-121 targets hyperammonemia with regulatory filing anticipated in the second half of 2026 for first-in-human trial.
AATD Candidate Nomination Nearing Next-generation AATD program expects development candidate nomination in the second quarter of 2026 following pivot to GalNAc delivery.
Cash Runway Extended Cash runway extends into the second half of 2028 supporting key milestones after recent financing activities and restructuring efforts.
Risk Factors
Continued Operating Losses Expected Net loss widened to $(117.3M) USD in 2025 from $(83.6M) USD in 2024; expects increasing expenses and negative cash flow indefinitely.
Significant Asset Impairment Recognized $30.9M USD non-cash impairment charge in Q4 2025 related to operating lease and fixed assets following program termination.
Pipeline Concentration Risk High Business heavily reliant on KRRO-121 success; only nominated candidate after terminating KRRO-110 program due to insufficient functional protein levels.
Novel Technology Unproven RNA editing technology is new with limited clinical validation; preclinical success does not guarantee positive results in human trials.
Outlook
Advance KRRO-121 Clinical Trial Anticipate regulatory filing for KRRO-121 in H2 2026 to commence first-in-human trial for hyperammonemia treatment indications.
Optimize OPERA Platform Further Continue enhancing OPERA platform using computational models and new data to expedite design and optimization of future lead candidates.
Advance ALS and Longevity Programs Continue advancing ALS program targeting TDP-43 aggregation and longevity program targeting AMPKγ1 activation through preclinical studies.
Seek Strategic Partnerships Plan to actively seek innovative collaborations and strategic alliances to maximize OPERA platform potential across rare and prevalent diseases.
Peer Comparison
Revenue (TTM)
$214.88M
$79.18M
$75.35M
Gross Margin (Latest Quarter)
100.0%
97.4%
82.7%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| RAPT | $959.26M | -14.8 | -61.8% | 1.6% |
| ANNX | $680.50M | -5.6 | -101.2% | 9.7% |
| AURA | $539.28M | -4.8 | -71.2% | 10.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
N/M
Revenue Volatile
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:May 19, 2026
EPS:-$1.73
|Revenue:$761.17K
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data