8-K Announcements
6Apr 2, 2026·SEC
Mar 31, 2026·SEC
Mar 23, 2026·SEC
BioAtla, Inc. (BCAB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BioAtla, Inc. (BCAB) stock price & volume — 10-year historical chart
BioAtla, Inc. (BCAB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
BioAtla, Inc. (BCAB) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 31, 2026 | $8.00vs $12.00+33.3% | $2Mvs $700,000+185.7% |
| Q4 2025 | Nov 13, 2025 | $0.27vs $0.31+12.9% | — |
| Q3 2025 | Aug 7, 2025 | $0.31vs $0.29-6.9% | — |
| Q2 2025 | May 6, 2025 | $0.29vs $0.28-3.6% | — |
BioAtla, Inc. (BCAB) competitors in Oncology Therapeutics Developers — business model, growth, and fundamentals comparison
BioAtla, Inc. (BCAB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BioAtla, Inc. (BCAB) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 10.63M | 5.2M | 429K | 250K | 0 | 0 | 11M | 2M |
| Revenue Growth % | - | -51.07% | -91.75% | -41.72% | -100% | - | - | -81.82% |
| Cost of Goods Sold | 26.3M | 25.92M | 19.93M | 0 | 1.2M | 1.22M | 925K | 0 |
| COGS % of Revenue | 247.53% | 498.44% | 4646.39% | - | - | - | 8.41% | - |
| Gross Profit | -15.68M▲ 0% | -20.72M▼ 32.2% | -19.5M▲ 5.9% | 250K▲ 101.3% | -1.2M▼ 579.6% | -1.22M▼ 1.8% | 10.07M▲ 925.1% | 2M▼ 80.1% |
| Gross Margin % | -147.53% | -398.44% | -4546.39% | 100% | - | - | 91.59% | 100% |
| Gross Profit Growth % | - | -32.15% | 5.86% | 101.28% | -579.6% | -1.83% | 925.14% | -80.15% |
| Operating Expenses | 38.86M | 7.55M | 10.6M | 96.69M | 106.94M | 128.47M | 84.02M | 61.3M |
| OpEx % of Revenue | 365.68% | 145.17% | 2469.7% | 38676% | - | - | 763.8% | 3065.25% |
| Selling, General & Admin | 12.56M | 7.55M | 10.6M | 38.42M | 28.79M | 25.96M | 21.85M | 17.73M |
| SG&A % of Revenue | 118.15% | 145.17% | 2469.7% | 15366.4% | - | - | 198.62% | 886.6% |
| Research & Development | 26.3M | 25.92M | 19.93M | 58.27M | 79.35M | 103.73M | 63.09M | 43.57M |
| R&D % of Revenue | 247.53% | 498.44% | 4646.39% | 23309.6% | - | - | 573.59% | 2178.65% |
| Other Operating Expenses | -5K | -25.92M | -19.93M | 0 | -1.2M | -1.22M | -925K | 0 |
| Operating Income | -28.23M▲ 0% | -28.27M▼ 0.1% | -30.1M▼ 6.5% | -96.44M▼ 220.4% | -108.14M▼ 12.1% | -129.69M▼ 19.9% | -73.94M▲ 43.0% | -59.3M▲ 19.8% |
| Operating Margin % | -265.68% | -543.62% | -7016.08% | -38576% | - | - | -672.21% | -2965.25% |
| Operating Income Growth % | - | -0.12% | -6.48% | -220.41% | -12.13% | -19.93% | 42.98% | 19.8% |
| EBITDA | -27.44M | -27.41M | -29.09M | -95.11M | -106.94M | -128.47M | -73.02M | -58.93M |
| EBITDA Margin % | -258.21% | -527.08% | -6781.12% | -38044% | - | - | -663.8% | -2946.6% |
| EBITDA Growth % | - | 0.12% | -6.14% | -226.94% | -12.44% | -20.13% | 43.16% | 19.29% |
| D&A (Non-Cash Add-back) | 794K | 860K | 1.01M | 1.33M | 1.2M | 1.22M | 925K | 373K |
| EBIT | -28.03M | -28.27M | -34.46M | -95.4M | -106.48M | -123.46M | -73.94M | -59.3M |
| Net Interest Income | -740K | -1.5M | -1.29M | 347K | 1.65M | 6.31M | 3.37M | 843K |
| Interest Income | 209K | 128K | 100K | 350K | 1.65M | 6.31M | 3.37M | 843K |
| Interest Expense | 949K | 1.63M | 1.39M | 3K | 0 | 0 | 0 | 0 |
| Other Income/Expense | -745K | -1.59M | -5.75M | 1.04M | 1.66M | 6.22M | 4.17M | -302K |
| Pretax Income | -28.98M▲ 0% | -29.86M▼ 3.0% | -35.85M▼ 20.1% | -95.4M▼ 166.1% | -106.48M▼ 11.6% | -123.46M▼ 15.9% | -69.78M▲ 43.5% | -59.61M▲ 14.6% |
| Pretax Margin % | -272.69% | -574.13% | -8357.34% | -38160.8% | - | - | -634.33% | -2980.35% |
| Income Tax | 204K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -0.7% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -28.98M▲ 0% | -29.79M▼ 2.8% | -35.85M▼ 20.3% | -95.4M▼ 166.1% | -105.28M▼ 10.4% | -123.46M▼ 17.3% | -69.78M▲ 43.5% | -59.61M▲ 14.6% |
| Net Margin % | -272.69% | -572.96% | -8357.34% | -38160.8% | - | - | -634.33% | -2980.35% |
| Net Income Growth % | - | -2.81% | -20.34% | -166.09% | -10.36% | -17.27% | 43.48% | 14.57% |
| Net Income (Continuing) | -28.98M | -29.86M | -35.85M | -95.4M | -106.48M | -123.46M | -69.78M | -59.61M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 19K | -47K | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -67.00▲ 0% | -46.50▲ 30.6% | -53.00▼ 14.0% | -138.00▼ 160.4% | -137.00▲ 0.7% | -129.00▲ 5.8% | -72.00▲ 44.2% | -50.50▲ 29.9% |
| EPS Growth % | - | 30.6% | -13.98% | -160.38% | 0.72% | 5.84% | 44.19% | 29.86% |
| EPS (Basic) | -67.00 | -46.50 | -53.00 | -138.00 | -137.00 | -129.00 | -72.00 | -50.50 |
| Diluted Shares Outstanding | 431.77K | 673.27K | 673.27K | 691.23K | 778.54K | 955.55K | 971.47K | 1.18M |
| Basic Shares Outstanding | 431.77K | 673.27K | 673.27K | 691.23K | 778.54K | 955.55K | 971.47K | 1.18M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
BioAtla, Inc. (BCAB) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 12.66M | 4.51M | 240.68M | 247.29M | 220.43M | 116.41M | 51.23M | 8.01M |
| Cash & Short-Term Investments | 10.86M | 3.7M | 238.6M | 244.98M | 215.51M | 111.47M | 49.05M | 7.12M |
| Cash Only | 10.86M | 3.7M | 238.6M | 244.98M | 215.51M | 111.47M | 49.05M | 7.12M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 281K | 214K | 72K | 1.81M | 539K | 320K | 447K | 895K |
| Total Non-Current Assets | 3.98M | 4.83M | 4.26M | 7.13M | 5.3M | 3.25M | 1.19M | 5.82M |
| Property, Plant & Equipment | 3.88M | 4.67M | 4.1M | 6.98M | 5.15M | 3.1M | 1.19M | 5.65M |
| Fixed Asset Turnover | 2.74x | 1.11x | 0.10x | 0.04x | - | - | 9.24x | 0.35x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 97K | 154K | 154K | 154K | 154K | 154K | 0 | 163K |
| Total Assets | 16.64M▲ 0% | 9.34M▼ 43.9% | 244.94M▲ 2523.6% | 254.42M▲ 3.9% | 225.74M▼ 11.3% | 119.66M▼ 47.0% | 52.42M▼ 56.2% | 13.83M▼ 73.6% |
| Asset Turnover | 0.64x | 0.56x | 0.00x | 0.00x | - | - | 0.21x | 0.14x |
| Asset Growth % | - | -43.88% | 2523.58% | 3.87% | -11.28% | -46.99% | -56.19% | -73.62% |
| Total Current Liabilities | 9.2M | 26.72M | 32.26M | 19.81M | 23.13M | 28.34M | 14.54M | 21.92M |
| Accounts Payable | 1.96M | 5.14M | 2.46M | 1.18M | 4.23M | 3.82M | 1.9M | 8.19M |
| Days Payables Outstanding | 27.21 | 72.37 | 44.97 | - | 1.29K | 1.14K | 750.52 | - |
| Short-Term Debt | 0 | 9.71M | 0 | 0 | 0 | 0 | 0 | 1.43M |
| Deferred Revenue (Current) | 169K | 1.42M | 19.81M | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 5.2M | 8.16M | 3.19M | 0 | 13.93M | 19.11M | 11.8M | 12.3M |
| Current Ratio | 1.38x | 0.17x | 7.46x | 12.48x | 9.53x | 4.11x | 3.52x | 0.37x |
| Quick Ratio | 1.38x | 0.17x | 7.46x | 12.48x | 9.53x | 4.11x | 3.52x | 0.37x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 35.89M | 38.63M | 2.7M | 23.79M | 22.27M | 20.64M | 23.62M | 28.09M |
| Long-Term Debt | 15M | 8.41M | 682K | 0 | 0 | 0 | 0 | 4.77M |
| Capital Lease Obligations | -4.59M | 0 | 0 | 3.98M | 2.46M | 836K | 0 | 0 |
| Deferred Tax Liabilities | 4.59M | 2.81M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 15.99M | 8.59M | 2.02M | 19.81M | 19.81M | 19.81M | 23.62M | 23.32M |
| Total Liabilities | 45.08M | 65.35M | 34.96M | 43.6M | 45.4M | 48.99M | 38.16M | 50.02M |
| Total Debt | 15M | 18.12M | 682K | 5.37M | 3.98M | 2.46M | 836K | 6.2M |
| Net Debt | 4.14M | 14.42M | -237.92M | -239.61M | -211.53M | -109.01M | -48.21M | -918K |
| Debt / Equity | - | - | 0.00x | 0.03x | 0.02x | 0.03x | 0.06x | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - |
| Interest Coverage | -29.54x | -17.34x | -24.81x | -31799.67x | - | - | - | - |
| Total Equity | -28.45M▲ 0% | -56.01M▼ 96.9% | 209.97M▲ 474.9% | 210.82M▲ 0.4% | 180.34M▼ 14.5% | 70.67M▼ 60.8% | 14.27M▼ 79.8% | -36.19M▼ 353.7% |
| Equity Growth % | - | -96.9% | 474.88% | 0.4% | -14.46% | -60.81% | -79.82% | -353.69% |
| Book Value per Share | -65.88 | -83.19 | 311.87 | 305.00 | 231.64 | 73.96 | 14.68 | -30.76 |
| Total Shareholders' Equity | -28.46M | -55.96M | 209.97M | 210.82M | 180.34M | 70.67M | 14.27M | -36.19M |
| Common Stock | 750K | 750K | 3K | 4K | 5K | 5K | 6K | 6K |
| Retained Earnings | -118.56M | -148.35M | -90.92M | -186.32M | -292.8M | -416.26M | -486.04M | -545.65M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 19K | -47K | 0 | 0 | 0 | 0 | 0 | 0 |
BioAtla, Inc. (BCAB) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -35.32M | -9.64M | -36.33M | -62.21M | -90.42M | -104.02M | -71.94M | -48.2M |
| Operating CF Margin % | -332.33% | -185.48% | -8469.46% | -24885.6% | - | - | -653.96% | -2410.2% |
| Operating CF Growth % | - | 72.69% | -276.71% | -71.23% | -45.34% | -15.04% | 30.84% | 32.99% |
| Net Income | -28.98M | -29.86M | -35.85M | -95.4M | -106.48M | -123.46M | -69.78M | -59.61M |
| Depreciation & Amortization | 794K | 860K | 1.01M | 1.33M | 1.2M | 1.22M | 925K | 373K |
| Stock-Based Compensation | 2.64K | -6.4K | 3.02M | 25.12M | 14.56M | 13.54M | 8.92M | 5.43M |
| Deferred Taxes | 0 | 6.4K | 4.46M | -686K | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 2.57M | -5.75M | -6.48M | 3K | 13K | 2K | -807K | 1.32M |
| Working Capital Changes | -9.7M | 25.1M | -2.5M | 7.42M | 287K | 4.68M | -11.2M | 4.28M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 446K | 3.13M | -1.66M | 7.99M | 3.41M | 5.28M | -13.46M | 0 |
| Cash from Investing | -988K | -1.51M | -590K | -924K | -265K | -98K | 0 | 0 |
| Capital Expenditures | -988K | -1.51M | -590K | -924K | -268K | -98K | 0 | 0 |
| CapEx % of Revenue | 9.3% | 29.02% | 137.53% | 369.6% | - | - | - | - |
| Acquisitions | 19K | -5K | -19K | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 5K | 19K | 0 | 3K | 0 | 0 | 0 |
| Cash from Financing | 5.02M | 4M | 271.82M | 69.51M | 61.21M | 77K | 9.51M | 6.28M |
| Debt Issued (Net) | 5M | 4M | 3.43M | 0 | 0 | 0 | 0 | 7.13M |
| Equity Issued (Net) | 0 | 0 | 268.41M | 71.42M | 61.68M | 336K | 9.21M | 100K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 19K | -5K | -19K | -1.91M | -469K | -259K | 296K | -949K |
| Net Change in Cash | -31.29M▲ 0% | -7.16M▲ 77.1% | 234.9M▲ 3381.2% | 6.37M▼ 97.3% | -29.47M▼ 562.4% | -104.04M▼ 253.0% | -62.42M▲ 40.0% | -41.93M▲ 32.8% |
| Free Cash Flow | -36.3M▲ 0% | -11.15M▲ 69.3% | -36.92M▼ 231.0% | -63.14M▼ 71.0% | -90.69M▼ 43.6% | -104.11M▼ 14.8% | -71.94M▲ 30.9% | -48.2M▲ 33.0% |
| FCF Margin % | -341.63% | -214.5% | -8606.99% | -25255.2% | - | - | -653.96% | -2410.2% |
| FCF Growth % | - | 69.28% | -231.04% | -70.99% | -43.63% | -14.8% | 30.91% | 32.99% |
| FCF per Share | -84.08 | -16.57 | -54.84 | -91.34 | -116.48 | -108.96 | -74.05 | -40.97 |
| FCF Conversion (FCF/Net Income) | 1.22x | 0.32x | 1.01x | 0.65x | 0.86x | 0.84x | 1.03x | 0.81x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 67K | 6K | 0 | 0 |
BioAtla, Inc. (BCAB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -46.57% | -45.34% | -53.83% | -98.37% | -164.3% | - |
| Gross Margin | -147.53% | -398.44% | -4546.39% | 100% | - | - | 91.59% | 100% |
| Net Margin | -272.69% | -572.96% | -8357.34% | -38160.8% | - | - | -634.33% | -2980.35% |
| Debt / Equity | - | - | 0.00x | 0.03x | 0.02x | 0.03x | 0.06x | - |
| Interest Coverage | -29.54x | -17.34x | -24.81x | -31799.67x | - | - | - | - |
| FCF Conversion | 1.22x | 0.32x | 1.01x | 0.65x | 0.86x | 0.84x | 1.03x | 0.81x |
| Revenue Growth | - | -51.07% | -91.75% | -41.72% | -100% | - | - | -81.82% |
BioAtla, Inc. (BCAB) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 2, 2026·SEC
Mar 31, 2026·SEC
Mar 23, 2026·SEC
BioAtla, Inc. (BCAB) stock FAQ — growth, dividends, profitability & financials explained
BioAtla, Inc. (BCAB) reported $2.0M in revenue for fiscal year 2025. This represents a 81% decrease from $10.6M in 2018.
BioAtla, Inc. (BCAB) saw revenue decline by 81.8% over the past year.
BioAtla, Inc. (BCAB) reported a net loss of $59.6M for fiscal year 2025.
BioAtla, Inc. (BCAB) had negative free cash flow of $34.1M in fiscal year 2025, likely due to heavy capital investments.
BioAtla, Inc. (BCAB) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates