Cue Biopharma, Inc. (CUE) 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.
Cue Biopharma, Inc. (CUE) stock price & volume — 10-year historical chart
Cue Biopharma, Inc. (CUE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Cue Biopharma, Inc. (CUE) competitors in Oncology Therapeutics Developers — business model, growth, and fundamentals comparison
Cue Biopharma, Inc. (CUE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Cue Biopharma, Inc. (CUE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 1.14M | 3.46M | 3.15M | 14.94M | 1.25M | 5.49M | 9.29M | 27.47M |
| Revenue Growth % | - | - | 202.67% | -8.79% | 373.68% | -91.67% | 340.96% | 69.16% | 195.75% |
| Cost of Goods Sold | 419.57K | 28.54M | 27.49M | 33.55M | -1.78M | 0 | 38.1M | 0 | 3.48M |
| COGS % of Revenue | - | 2498.16% | 794.82% | 1063.48% | -11.9% | - | 693.93% | - | 12.67% |
| Gross Profit | -419.57K▲ 0% | -27.4M▼ 6430.9% | -24.03M▲ 12.3% | -30.39M▼ 26.5% | 16.72M▲ 155.0% | 1.25M▼ 92.6% | -32.61M▼ 2719.0% | 9.29M▲ 128.5% | 23.99M▲ 158.3% |
| Gross Margin % | - | -2398.16% | -694.82% | -963.48% | 111.9% | 100% | -593.93% | 100% | 87.33% |
| Gross Profit Growth % | -107.62% | -6430.87% | 12.31% | -26.48% | 155.01% | -92.55% | -2719.04% | 128.48% | 158.28% |
| Operating Expenses | 23.23M | 39.84M | 12.74M | 14.65M | 60.43M | 54.47M | 19.54M | 50.79M | 50.51M |
| OpEx % of Revenue | - | 3486.71% | 368.39% | 464.48% | 404.46% | 4375.1% | 355.96% | 546.86% | 183.89% |
| Selling, General & Admin | 4.33M | 11.3M | 12.74M | 14.65M | 17.31M | 16.17M | 16.68M | 14.59M | 16.24M |
| SG&A % of Revenue | - | 988.55% | 368.39% | 464.48% | 115.83% | 1298.71% | 303.83% | 157.05% | 59.14% |
| Research & Development | 18.9M | 28.54M | 27.49M | 33.55M | 41.35M | 38.58M | 40.8M | 36.3M | 37.74M |
| R&D % of Revenue | - | 2498.16% | 794.82% | 1063.48% | 276.73% | 3098.63% | 743.21% | 390.82% | 137.42% |
| Other Operating Expenses | 0 | 165.34K | -27.49M | -33.55M | 1.78M | -277K | -37.94M | -93K | -3.48M |
| Operating Income | -23.23M▲ 0% | -38.7M▼ 66.6% | -36.77M▲ 5.0% | -45.04M▼ 22.5% | -43.71M▲ 3.0% | -53.23M▼ 21.8% | -52.15M▲ 2.0% | -41.5M▲ 20.4% | -26.55M▲ 36.0% |
| Operating Margin % | - | -3386.71% | -1063.21% | -1427.96% | -292.56% | -4275.1% | -949.89% | -446.86% | -96.67% |
| Operating Income Growth % | -203.38% | -66.55% | 4.98% | -22.5% | 2.95% | -21.76% | 2.02% | 20.42% | 36.02% |
| EBITDA | -22.81M | -37.94M | -35.96M | -43.99M | -45.49M | -51.42M | -48.71M | -39.15M | -23.07M |
| EBITDA Margin % | - | -3320.19% | -1039.76% | -1394.44% | -304.46% | -4130.04% | -887.3% | -421.56% | -84% |
| EBITDA Growth % | -205.98% | -66.28% | 5.21% | -22.32% | -3.42% | -13.03% | 5.26% | 19.63% | 41.07% |
| D&A (Non-Cash Add-back) | 419.57K | 760.01K | 810.78K | 1.06M | -1.78M | 1.81M | 3.44M | 2.35M | 3.48M |
| EBIT | -23.23M | -38.7M | -36.77M | -45.04M | -43.67M | -52.3M | -49.49M | -39.88M | -26.52M |
| Net Interest Income | 0 | 376.01K | 482.79K | 463.91K | 45.9K | 215K | 1.42M | 826K | 450K |
| Interest Income | 35 | 376.01K | 419K | 463.91K | 45.9K | 928.24K | 2.66M | 1.62M | 807K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 713.82K | 1.25M | 796K | 357K |
| Other Income/Expense | 35 | 541.35K | 482.79K | 463.91K | 45.9K | 215K | 1.42M | 826K | 419K |
| Pretax Income | -23.23M▲ 0% | -38.16M▼ 64.2% | -36.29M▲ 4.9% | -44.58M▼ 22.9% | -43.67M▲ 2.0% | -53.01M▼ 21.4% | -50.73M▲ 4.3% | -40.67M▲ 19.8% | -26.1M▲ 35.8% |
| Pretax Margin % | - | -3339.33% | -1049.25% | -1413.26% | -292.25% | -4257.83% | -924.1% | -437.97% | -95.03% |
| Income Tax | 0 | 825K | 412.5K | 206.25K | 495K | 0 | 0 | 0 | 500K |
| Effective Tax Rate % | 0% | -2.16% | -1.14% | -0.46% | -1.13% | 0% | 0% | 0% | -1.92% |
| Net Income | -23.23M▲ 0% | -38.98M▼ 67.8% | -36.7M▲ 5.9% | -44.78M▼ 22.0% | -44.16M▲ 1.4% | -53.01M▼ 20.0% | -50.73M▲ 4.3% | -40.67M▲ 19.8% | -26.6M▲ 34.6% |
| Net Margin % | - | -3411.53% | -1061.18% | -1419.79% | -295.56% | -4257.83% | -924.1% | -437.97% | -96.85% |
| Net Income Growth % | -203.38% | -67.77% | 5.85% | -22.03% | 1.39% | -20.04% | 4.3% | 19.83% | 34.6% |
| Net Income (Continuing) | -23.23M | -38.98M | -36.7M | -44.78M | -44.16M | -53.01M | -50.73M | -40.67M | -26.6M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -33.90▲ 0% | -58.20▼ 71.7% | -49.80▲ 14.4% | -46.80▲ 6.0% | -42.30▲ 9.6% | -44.70▼ 5.7% | -33.30▲ 25.5% | -21.60▲ 35.1% | -8.40▲ 61.1% |
| EPS Growth % | -205.41% | -71.68% | 14.43% | 6.02% | 9.62% | -5.67% | 25.5% | 35.14% | 61.11% |
| EPS (Basic) | -33.90 | -58.20 | -49.80 | -46.80 | -42.30 | -44.70 | -33.30 | -21.60 | -8.40 |
| Diluted Shares Outstanding | 688.02K | 671.13K | 734.73K | 956.29K | 1.04M | 1.19M | 1.53M | 1.88M | 3.16M |
| Basic Shares Outstanding | 688.02K | 671.13K | 734.73K | 956.29K | 1.04M | 1.19M | 1.53M | 1.88M | 3.16M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Cue Biopharma, Inc. (CUE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 65.07M | 40.61M | 61.02M | 87.53M | 68.47M | 77.19M | 51.45M | 25.14M | 36.98M |
| Cash & Short-Term Investments | 63.58M | 39.21M | 59.41M | 84.87M | 64.37M | 76.29M | 48.51M | 23.39M | 27.14M |
| Cash Only | 63.53M | 20.8M | 44.29M | 74.87M | 64.37M | 51.61M | 48.51M | 22.46M | 27.14M |
| Short-Term Investments | 50.07K | 18.41M | 15.12M | 10M | 0 | 24.68M | 0 | 929K | 0 |
| Accounts Receivable | 0 | 0 | 754.9K | 1.42M | 3.14M | 57K | 1.7M | 945K | 7.45M |
| Days Sales Outstanding | - | - | 79.67 | 164.02 | 76.77 | 16.71 | 112.89 | 37.14 | 98.94 |
| Inventory | 225.5K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 196.17 | - | - | - | - | - | - | - | - |
| Other Current Assets | 453.49K | 104.07K | 0 | 0 | 0 | 841K | 1.24M | 0 | 2.4M |
| Total Non-Current Assets | 1.89M | 4.75M | 10.58M | 12.01M | 14.93M | 14.1M | 10.08M | 7.05M | 5.23M |
| Property, Plant & Equipment | 1.69M | 2.78M | 7.18M | 8.88M | 11.92M | 10.7M | 7.12M | 4.84M | 4.32M |
| Fixed Asset Turnover | - | 0.41x | 0.48x | 0.36x | 1.25x | 0.12x | 0.77x | 1.92x | 6.37x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 175K | 0 | 11.67K | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 150K | 0 | 0 | 150K | 0 | 151K | 0 | 154K |
| Other Non-Current Assets | 23.28K | 1.82M | 3.38M | 3.12M | 2.86M | 3.39M | 2.81M | 2.21M | 760K |
| Total Assets | 66.95M▲ 0% | 45.36M▼ 32.2% | 71.61M▲ 57.8% | 99.53M▲ 39.0% | 83.4M▼ 16.2% | 91.28M▲ 9.5% | 61.53M▼ 32.6% | 32.19M▼ 47.7% | 42.21M▲ 31.1% |
| Asset Turnover | - | 0.03x | 0.05x | 0.03x | 0.18x | 0.01x | 0.09x | 0.29x | 0.65x |
| Asset Growth % | 311.3% | -32.25% | 57.85% | 39% | -16.21% | 9.45% | -32.59% | -47.68% | 31.13% |
| Total Current Liabilities | 5.35M | 6.22M | 11.66M | 16.32M | 12.79M | 11.55M | 17.08M | 13.69M | 13.49M |
| Accounts Payable | 1.33M | 2.04M | 882.67K | 2.07M | 2.59M | 2.73M | 3.5M | 2.82M | 3.95M |
| Days Payables Outstanding | 1.16K | 26.03 | 11.72 | 22.53 | -531.84 | - | 33.54 | - | 414.09 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 1.97M | 1.96M | 3.96M | 4.33M | 0 |
| Deferred Revenue (Current) | 623.85K | 2.01M | 0 | 6.68M | 645.35K | 0 | 2.11M | 0 | 0 |
| Other Current Liabilities | 2.54M | 1.58M | 4.1M | 1.96M | 38.31K | 2.27M | 1.92M | 85K | 7.63M |
| Current Ratio | 12.17x | 6.53x | 5.24x | 5.36x | 5.35x | 6.68x | 3.01x | 1.84x | 2.74x |
| Quick Ratio | 12.13x | 6.53x | 5.24x | 5.36x | 5.35x | 6.68x | 3.01x | 1.84x | 2.74x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 0 | 5.17M | 5.37M | 4.31M | 5.12M | 14.05M | 7.36M | 1M | 2.29M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 8.04M | 4.2M | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 1.35M | 2.37M | 5.12M | 6.02M | 3.16M | 1M | 2.29M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 4.02M | 0 | 0 | 0 | 0 | 1 | 0 |
| Total Liabilities | 5.35M | 11.39M | 17.02M | 20.62M | 17.91M | 25.6M | 24.45M | 14.69M | 15.78M |
| Total Debt | 2.5M | 0 | 5.8M | 7.15M | 12.02M | 19.32M | 14.7M | 8.88M | 4.2M |
| Net Debt | -61.03M | -20.8M | -38.49M | -67.72M | -52.35M | -32.3M | -33.82M | -13.58M | -22.94M |
| Debt / Equity | 0.04x | - | 0.11x | 0.09x | 0.18x | 0.29x | 0.40x | 0.51x | 0.16x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | -73.26x | -39.75x | -50.10x | -74.29x |
| Total Equity | 61.61M▲ 0% | 33.97M▼ 44.9% | 54.58M▲ 60.7% | 78.91M▲ 44.6% | 65.49M▼ 17.0% | 65.68M▲ 0.3% | 37.09M▼ 43.5% | 17.5M▼ 52.8% | 26.43M▲ 51.0% |
| Equity Growth % | 305.99% | -44.86% | 60.68% | 44.57% | -17.01% | 0.29% | -43.54% | -52.81% | 51.05% |
| Book Value per Share | 89.54 | 50.62 | 74.29 | 82.52 | 62.80 | 55.27 | 24.32 | 9.32 | 8.37 |
| Total Shareholders' Equity | 61.61M | 33.97M | 54.58M | 78.91M | 65.49M | 65.68M | 37.09M | 17.5M | 26.43M |
| Common Stock | 20.13K | 20.7K | 26.56K | 30.35K | 32.2K | 43K | 47K | 62K | 97K |
| Retained Earnings | -32.82M | -71.8M | -108.5M | -153.29M | -197.45M | -250.46M | -301.19M | -341.86M | -368.47M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -661.15K | -10.96K | -10.32K | 7.13K | 0 | -96K | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cue Biopharma, Inc. (CUE) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -12.19M | -26.41M | -30.8M | -32.49M | -38.84M | -41.81M | -39.96M | -36.33M | -21.69M |
| Operating CF Margin % | - | -2311.47% | -890.51% | -1030.14% | -259.93% | -3357.91% | -727.89% | -391.18% | -78.96% |
| Operating CF Growth % | -104.27% | -116.63% | -16.61% | -5.51% | -19.52% | -7.64% | 4.41% | 9.09% | 40.3% |
| Net Income | -23.23M | -38.98M | -36.7M | -44.78M | -44.16M | -53.01M | -50.73M | -40.67M | -26.6M |
| Depreciation & Amortization | 419.57K | 760.01K | 5.17M | -3.15M | -1.78M | 1.81M | 3.44M | 2.35M | 958K |
| Stock-Based Compensation | 2.78M | 7.17M | 6.52M | 10.48M | 11.52M | 9.5M | 8.18M | 6.85M | 4.74M |
| Deferred Taxes | 10.68K | 79.86K | -18.19K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 4.93M | 345.1K | -4.28M | -479.54K | -26.13K | -454K | 90K | 74K | 2.51M |
| Working Capital Changes | 2.91M | 4.21M | -1.49M | 5.43M | -4.39M | 356K | -934K | -4.92M | -3.29M |
| Change in Receivables | 0 | 0 | -754.9K | -662.58K | -1.73M | 3.08M | -1.64M | 753K | -6.5M |
| Change in Inventory | 0 | 0 | -509.8K | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 561.59K | 376.15K | -1.15M | 741.26K | 520.4K | 83K | 770K | -678K | 1.13M |
| Cash from Investing | -1.2M | -20.35M | 3.45M | 4.46M | 9.11M | -24.61M | 25M | 32K | 75K |
| Capital Expenditures | -1.2M | -1.85M | -46.35K | -595.26K | -913.04K | -171K | 0 | -66K | -177K |
| CapEx % of Revenue | - | 162.28% | 1.34% | 18.87% | 6.11% | 13.73% | - | 0.71% | 0.64% |
| Acquisitions | 0 | 0 | 127.5K | 0 | 0 | 0 | 0 | 0 | 40K |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -35 | -18.5M | 0 | 0 | 21.55K | 6K | 2K | 98K | 212K |
| Cash from Financing | 62M | 4.18M | 50.79M | 58.61M | 19.23M | 53.66M | 11.86M | 10.24M | 26.29M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 10M | -2M | -4M | -4.5M |
| Equity Issued (Net) | 62M | 4.17M | 49M | 56.68M | 17.38M | 39.3M | 13.39M | 14.22M | 30.79M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -4.16M | 0 | -91.03K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 9.01K | 12.5K | 1.79M | 1.93M | 1.85M | 4.36M | 473K | 18K | 0 |
| Net Change in Cash | 48.61M▲ 0% | -42.58M▼ 187.6% | 23.44M▲ 155.0% | 30.58M▲ 30.4% | -10.5M▼ 134.3% | -12.76M▼ 21.5% | -3.1M▲ 75.7% | -26.05M▼ 740.7% | 4.68M▲ 118.0% |
| Free Cash Flow | -13.4M▲ 0% | -28.27M▼ 111.0% | -30.84M▼ 9.1% | -33.09M▼ 7.3% | -39.75M▼ 20.1% | -41.98M▼ 5.6% | -39.96M▲ 4.8% | -36.4M▲ 8.9% | -21.86M▲ 39.9% |
| FCF Margin % | - | -2473.75% | -891.85% | -1049.01% | -266.04% | -3371.65% | -727.89% | -391.89% | -79.6% |
| FCF Growth % | -106.6% | -110.99% | -9.12% | -7.28% | -20.13% | -5.6% | 4.8% | 8.92% | 39.93% |
| FCF per Share | -19.47 | -42.12 | -41.98 | -34.60 | -38.12 | -35.33 | -26.20 | -19.38 | -6.92 |
| FCF Conversion (FCF/Net Income) | 0.52x | 0.68x | 0.84x | 0.73x | 0.88x | 0.79x | 0.79x | 0.89x | 0.82x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 570K | 1M | 669K | 0 |
| Taxes Paid | 0 | 825K | 412.5K | 0 | 0 | 0 | 0 | 0 | 0 |
Cue Biopharma, Inc. (CUE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -69.27% | -60.52% | -81.57% | -82.88% | -67.1% | -61.16% | -80.82% | -98.73% | -149.03% | -121.11% |
| Return on Invested Capital (ROIC) | -1469.1% | -4237.96% | -422.31% | -188.49% | -247.66% | -269.45% | -171.6% | -213.43% | -866.75% | -537.56% |
| Gross Margin | - | - | -2398.16% | -694.82% | -963.48% | 111.9% | 100% | -593.93% | 100% | 87.33% |
| Net Margin | - | - | -3411.53% | -1061.18% | -1419.79% | -295.56% | -4257.83% | -924.1% | -437.97% | -96.85% |
| Debt / Equity | - | 0.04x | - | 0.11x | 0.09x | 0.18x | 0.29x | 0.40x | 0.51x | 0.16x |
| Interest Coverage | - | - | - | - | - | - | -73.26x | -39.75x | -50.10x | -74.29x |
| FCF Conversion | 0.78x | 0.52x | 0.68x | 0.84x | 0.73x | 0.88x | 0.79x | 0.79x | 0.89x | 0.82x |
| Revenue Growth | - | - | - | 202.67% | -8.79% | 373.68% | -91.67% | 340.96% | 69.16% | 195.75% |
Cue Biopharma, Inc. (CUE) stock FAQ — growth, dividends, profitability & financials explained
Cue Biopharma, Inc. (CUE) reported $27.5M in revenue for fiscal year 2025.
Cue Biopharma, Inc. (CUE) grew revenue by 195.7% over the past year. This is strong growth.
Cue Biopharma, Inc. (CUE) reported a net loss of $26.6M for fiscal year 2025.
Cue Biopharma, Inc. (CUE) has a return on equity (ROE) of -121.1%. Negative ROE indicates the company is unprofitable.
Cue Biopharma, Inc. (CUE) had negative free cash flow of $21.9M in fiscal year 2025, likely due to heavy capital investments.
Cue Biopharma, Inc. (CUE) 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