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Precigen, Inc. (PGEN) 10-Year Financial Performance & Capital Metrics

PGEN • • Industrial / General
HealthcareBiotechnologyPlatform & Technology CompaniesAntibody Discovery Platforms
AboutPrecigen, Inc. discovers and develops the next generation of gene and cellular therapies in the United States. It also provides disease-modifying therapeutics; genetically engineered swine for regenerative medicine applications; and reproductive and embryo transfer technologies. In addition, the company offers UltraVector platform that incorporates advanced DNA construction technologies and computational models to design and assemble genetic components into complex gene expression programs; mbIL15, a gene that enhances functional characteristics of immune cells; Sleeping Beauty, a non-viral transposon/transposase system; AttSite recombinases, which breaks and rejoins DNA at specific sequences; AdenoVerse technology platform, a library of engineered adenovector serotypes; and L. lactis is a food-grade bacterium. Additionally, it provides RheoSwitch, an inducible gene switch system that provides quantitative dose-proportionate regulation of the amount and timing of target protein expression; kill switches to selectively eliminate cell therapies in vivo; tissue-specific promoters; UltraCAR-T platform for the treatment of cancer; AdenoVerse Immunotherapy, a library of proprietary adenovectors for the gene delivery; and ActoBiotics platform, genetically modified bacteria that deliver proteins and peptides at mucosal sites. Precigen, Inc. has collaboration and license agreements with Alaunos Therapeutics, Inc.; Ares Trading S.A.; Oragenics, Inc.; Castle Creek Biosciences, Inc.; Intrexon Energy Partners, LLC; and Intrexon Energy Partners II, LLC. The company was formerly known as Intrexon Corporation and changed its name to Precigen, Inc. in January 2020. Precigen, Inc. was founded in 1998 and is based in Germantown, Maryland.Show more
  • Revenue $4M -36.9%
  • EBITDA -$131M -40.2%
  • Net Income -$126M -31.6%
  • EPS (Diluted) -0.47 -20.5%
  • Gross Margin -8.71% -611.7%
  • EBITDA Margin -3324.92% -122.3%
  • Operating Margin -3440.23% -114.7%
  • Net Margin -3216.18% -108.8%
  • ROE -160.8% -105.2%
  • ROIC -152.85% -197.1%
  • Debt/Equity 0.14 +138.5%
  • Interest Coverage -22504.83 -10457.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 91 (top 9%)

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Sales declining 34.3% over 5 years
  • ✗Expensive at 28.8x book value
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-25.24%
5Y-34.27%
3Y-34.96%
TTM59.2%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-76.88%

EPS CAGR

10Y-
5Y-
3Y-
TTM-165.14%

ROCE

10Y Avg-41.48%
5Y Avg-54.89%
3Y Avg-71.72%
Latest-107.25%

Peer Comparison

Antibody Discovery Platforms
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
NAGENiagen Bioscience Inc503.58M6.3157.3619.18%16.38%28.91%2.37%0.06
BTXBlackRock Technology and Private Equity Term Trust808.8M6.9340.76-81.13%87.75%1.87%34.27%
HALOHalozyme Therapeutics, Inc.8.45B71.8220.9422.44%47.91%118.17%5.55%4.14
RPRXRoyalty Pharma plc16.97B39.7220.80-3.86%32.55%7.95%16.32%0.74
REGNRegeneron Pharmaceuticals, Inc.76.63B741.9219.358.27%32.13%14.79%4.78%0.09
GMABGenmab A/S20.85B33.852.7930.67%46.8%114.25%36.37%0.03
DNAGinkgo Bioworks Holdings, Inc.464.86M9.58-0.91-9.71%-188%-60.66%0.65
PRMEPrime Medicine, Inc.720.24M3.99-2.42-33.02%-121.95%0.27

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+173.6M190.93M230.98M160.57M31.99M31.99M14.27M26.91M6.22M3.92M
Revenue Growth %1.41%0.1%0.21%-0.3%-0.8%0%-0.55%0.89%-0.77%-0.37%
Cost of Goods Sold+63.93M61.64M62.79M63.29M5.37M44.8M53.68M6.34M6.12M4.27M
COGS % of Revenue0.37%0.32%0.27%0.39%0.17%1.4%3.76%0.24%0.98%1.09%
Gross Profit+109.68M129.29M168.19M97.29M26.62M-12.81M-39.41M20.57M106K-342K
Gross Margin %0.63%0.68%0.73%0.61%0.83%-0.4%-2.76%0.76%0.02%-0.09%
Gross Profit Growth %1.08%0.18%0.3%-0.42%-0.73%-1.48%-2.08%1.52%-0.99%-4.23%
Operating Expenses+256.54M254.45M289.31M542.39M112.94M73.51M52.54M96.3M99.86M134.69M
OpEx % of Revenue1.48%1.33%1.25%3.38%3.53%2.3%3.68%3.58%16.04%34.32%
Selling, General & Admin109.06M142.32M146.1M137.81M72.69M0048.01M40.41M41.29M
SG&A % of Revenue0.63%0.75%0.63%0.86%2.27%--1.78%6.49%10.52%
Research & Development147.48M112.14M143.21M404.59M39.43M39.43M47.93M47.17M48.61M53.07M
R&D % of Revenue0.85%0.59%0.62%2.52%1.23%1.23%3.36%1.75%7.81%13.52%
Other Operating Expenses1.31M1.7M1.01M630K814K34.08M4.6M1.12M10.84M40.32M
Operating Income+-146.86M-125.17M-137.89M-505.61M-86.32M-86.32M-91.95M-75.73M-99.76M-135.03M
Operating Margin %-0.85%-0.66%-0.6%-3.15%-2.7%-2.7%-6.44%-2.81%-16.03%-34.4%
Operating Income Growth %-1.1%0.15%-0.1%-2.67%0.83%0%-0.07%0.18%-0.32%-0.35%
EBITDA+-129.12M-100.59M-106.75M-481.5M-68.8M-68.8M-78.19M-64.96M-93.09M-130.5M
EBITDA Margin %-0.74%-0.53%-0.46%-3%-2.15%-2.15%-5.48%-2.41%-14.95%-33.25%
EBITDA Growth %-1.17%0.22%-0.06%-3.51%0.86%0%-0.14%0.17%-0.43%-0.4%
D&A (Non-Cash Add-back)17.74M24.57M31.14M24.11M17.52M17.52M13.76M10.77M6.67M4.53M
EBIT-85.73M-193.29M-129.09M-387.44M-86.31M-85.5M-91.41M-73.19M-95.89M-128.02M
Net Interest Income+640K9.33M18.85M10.54M-17.2M-15.95M-18.58M-6.64M2.77M1.41M
Interest Income1.88M10.19M19.48M19.08M1.01M2.45M171K133K3.24M1.42M
Interest Expense1.24M861K611K8.53M18.21M18.4M18.75M6.77M468K6K
Other Income/Expense59.89M-68.98M17.8M-26.25M-18.21M-18.21M-19.02M-4.24M3.4M7M
Pretax Income+-86.98M-194.15M-129.7M-536.23M-104.52M-104.52M-110.97M-79.97M-96.36M-128.03M
Pretax Margin %-0.5%-1.02%-0.56%-3.34%-3.27%-3.27%-7.78%-2.97%-15.48%-32.62%
Income Tax+1.02M-3.88M-2.88M-21.53M-82K-82K-160K-189K-458K-1.79M
Effective Tax Rate %0.97%0.96%0.9%0.95%1.63%1.63%0.83%-0.35%1%0.99%
Net Income+-84.49M-186.61M-117.02M-509.34M-170.52M-170.52M-92.17M28.32M-95.9M-126.23M
Net Margin %-0.49%-0.98%-0.51%-3.17%-5.33%-5.33%-6.46%1.05%-15.41%-32.16%
Net Income Growth %-0.03%-1.21%0.37%-3.35%0.67%0%0.46%1.31%-4.39%-0.32%
Net Income (Continuing)-87.99M-190.27M-126.82M-380.49M-104.44M-104.44M-110.81M-79.78M-95.9M-126.23M
Discontinued Operations0000-66.08M-66.08M18.64M108.09M00
Minority Interest10.81M9.01M12.91M15.87M000000
EPS (Diluted)+-0.76-1.58-0.98-3.93-1.35-1.02-0.47-0.33-0.39-0.47
EPS Growth %0.08%-1.08%0.38%-3.01%0.66%0.24%0.54%0.3%-0.18%-0.21%
EPS (Basic)-0.76-1.58-0.98-3.93-1.35-1.02-0.47-0.33-0.39-0.47
Diluted Shares Outstanding111.07M117.98M120M129.52M154.14M167.07M197.76M200.36M244.54M267.73M
Basic Shares Outstanding111.07M117.98M120M129.52M154.14M167.07M197.76M200.36M244.54M267.73M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+323.8M315.18M154.05M285.48M234.64M148.95M156.63M118.16M68.75M102.41M
Cash & Short-Term Investments238.31M237.21M79.67M222.84M75.05M100.12M108.66M55.95M62.85M97.91M
Cash Only135.78M62.61M68.11M102.77M65.79M51.79M36.42M4.86M7.58M29.52M
Short-Term Investments102.53M174.6M11.56M120.07M9.26M48.33M72.24M51.09M55.28M68.39M
Accounts Receivable52.29M42.48M39.84M26.57M26.22M20.43M1.98M13.8M1.57M1.16M
Days Sales Outstanding109.9581.2262.9660.38299.17233.0550.66187.2492.35108.15
Inventory26.56M21.14M20.49M21.45M16.1M11.36M326K287K00
Days Inventory Outstanding151.66125.18119.13123.691.09K92.542.2216.53--
Other Current Assets06.99M6.99M16.14M111.44M9.85M38.92M48.12M4.33M3.34M
Total Non-Current Assets+658.25M633.89M692.8M430.69M221.12M165.64M203.23M97.82M82.29M42.85M
Property, Plant & Equipment42.74M64.67M112.67M128.87M86.2M44.28M18.55M15.29M14.13M18.8M
Fixed Asset Turnover4.06x2.95x2.05x1.25x0.37x0.72x0.77x1.76x0.44x0.21x
Goodwill165.17M157.18M153.29M149.59M63.75M54.36M37.55M36.92M26.61M19.14M
Intangible Assets247.53M225.62M232.88M129.29M68.35M65.4M52.29M44.45M40.7M4.46M
Long-Term Investments199.08M182.72M189.91M20.85M1.46M048.56M399K00
Other Non-Current Assets3.73M3.71M4.05M-6.33M-13.88M-8.12M46.27M-8.42M846K459K
Total Assets+982.05M949.07M846.85M716.18M455.76M314.59M359.86M215.98M151.04M145.27M
Asset Turnover0.18x0.20x0.27x0.22x0.07x0.10x0.04x0.12x0.04x0.03x
Asset Growth %0.7%-0.03%-0.11%-0.15%-0.36%-0.31%0.14%-0.4%-0.3%-0.04%
Total Current Liabilities+75.9M94.61M80.17M61.56M122.91M42.13M34.65M78.64M22.98M21.52M
Accounts Payable4.97M8.48M8.7M11.97M5.53M4.6M3.11M4.07M1.73M3.53M
Days Payables Outstanding28.3650.250.5869.05375.4637.4621.16234.24102.96302.04
Short-Term Debt1.49M1.21M735K945K33.59M360K52K43.22M00
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K25K509K589K
Other Current Liabilities15.03M24.58M21.08M27.34M62.21M22.14M20.71M23.75M8.25M8.42M
Current Ratio4.27x3.33x1.92x4.64x1.91x3.54x4.52x1.50x2.99x4.76x
Quick Ratio3.92x3.11x1.67x4.29x1.78x3.27x4.51x1.50x2.99x4.76x
Cash Conversion Cycle233.25156.19131.51115.021.02K288.1431.71-30.47--
Total Non-Current Liabilities+201.26M285.21M220.13M275.89M261.14M205.29M217.86M11.07M9.56M85.23M
Long-Term Debt7.6M7.56M7.54M211.22M186.32M171.52M179.88M000
Capital Lease Obligations000010.12M7.74M8.75M6.99M5.89M4.55M
Deferred Tax Liabilities21.8M17.01M15.62M7.21M2.83M2.9M2.54M2.26M1.85M0
Other Non-Current Liabilities9.49M3.87M3.45M64.68M13.73M100K3.67M0078.75M
Total Liabilities277.16M379.82M300.31M337.45M384.05M247.41M252.51M89.72M32.55M106.75M
Total Debt+9.09M8.77M8.27M212.26M232.67M182.28M190.07M51.42M7.1M5.5M
Net Debt-126.69M-53.84M-59.84M109.49M166.87M130.49M153.65M46.56M-481K-24.02M
Debt / Equity0.01x0.02x0.02x0.56x3.24x2.71x1.77x0.41x0.06x0.14x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-118.06x-145.37x-225.68x-59.27x-4.74x-4.69x-4.90x-11.18x-213.16x-22504.83x
Total Equity+704.89M569.25M546.54M378.72M71.71M67.17M107.35M126.26M118.5M38.51M
Equity Growth %0.72%-0.19%-0.04%-0.31%-0.81%-0.06%0.6%0.18%-0.06%-0.67%
Book Value per Share6.354.824.552.920.470.400.540.630.480.14
Total Shareholders' Equity694.08M560.24M533.63M362.86M71.71M67.17M107.35M126.26M118.5M38.51M
Common Stock0580.07M580.07M0000000
Retained Earnings-542.73M-729.34M-847.82M-1.33B-1.65B-1.82B-1.92B-1.87B-1.96B-2.09B
Treasury Stock0000000000
Accumulated OCI-12.75M-36.2M-15.55M-28.61M-27.47M4M203K-3.49M-1.95M12K
Minority Interest10.81M9.01M12.91M15.87M000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+35.67M-55.98M-104.14M-124.24M-77.02M-77.02M-55.77M-65.05M-66.93M-68.17M
Operating CF Margin %0.21%-0.29%-0.45%-0.77%-2.41%-2.41%-3.91%-2.42%-10.75%-17.37%
Operating CF Growth %2.8%-2.57%-0.86%-0.19%0.38%0%0.28%-0.17%-0.03%-0.02%
Net Income-87.99M-190.27M-126.82M-514.71M-170.52M-170.52M-92.17M28.32M-95.9M-126.23M
Depreciation & Amortization17.74M24.57M31.14M33.11M17.52M17.52M13.76M10.77M6.67M4.53M
Stock-Based Compensation100.42M52.98M52.69M46.99M18.37M18.37M13.9M10.21M9.89M9.47M
Deferred Taxes1.12M-3.47M-2.53M-21.28M-156K-156K-167K-150K-479K-1.79M
Other Non-Cash Items-54.44M77.95M15.95M351.63M78.42M78.42M9.7M-78.48M-4.17M41.34M
Working Capital Changes58.83M-17.74M-74.58M-19.98M-20.65M-20.65M-804K-35.7M17.07M4.52M
Change in Receivables-12.14M2.59M740K-2.7M4.33M4.33M-6.56M-13.51M12.23M414K
Change in Inventory-774K3.81M663K-478K2.51M2.51M-1.9M2.34M00
Change in Payables-3.26M3.62M-3.4M4.68M-1.1M-1.1M420K379K-2.42M1.55M
Cash from Investing+-260.81M-28.39M104.33M-151.21M27.78M27.78M-74.54M226.42M-3.09M-20.71M
Capital Expenditures-12.75M-31.63M-46.67M-41.59M-7.53M-7.53M-7.25M-4.92M-1.54M-8.58M
CapEx % of Revenue0.07%0.17%0.2%0.26%0.24%0.24%0.51%0.18%0.25%2.19%
Acquisitions----------
Investments----------
Other Investing-40K-2.69M736K17.77M84.5M73.67M6.76M162.9M98K60K
Cash from Financing+333.25M12.06M4.28M309.8M32.7M32.7M121.19M-155.29M29.59M110.58M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing-6.25M12.46M-8.62M2.34M117K117K608K1K0346K
Net Change in Cash----------
Free Cash Flow+22.92M-87.6M-150.81M-165.83M-84.55M-84.55M-63.02M-69.97M-68.47M-76.76M
FCF Margin %0.13%-0.46%-0.65%-1.03%-2.64%-2.64%-4.42%-2.6%-11%-19.56%
FCF Growth %1.87%-4.82%-0.72%-0.1%0.49%0%0.25%-0.11%0.02%-0.12%
FCF per Share0.21-0.74-1.26-1.28-0.55-0.51-0.32-0.35-0.28-0.29
FCF Conversion (FCF/Net Income)-0.42x0.30x0.89x0.24x0.45x0.45x0.61x-2.30x0.70x0.54x
Interest Paid1.2M964K617K3.87M7.2M7.2M7.16M8.54M1.17M7K
Taxes Paid1.17M10K566K216K48K48K36K021K4K

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-15.17%-29.29%-20.97%-110.09%-75.71%-245.56%-105.62%24.24%-78.37%-160.8%
Return on Invested Capital (ROIC)-22.65%-17.17%-20.64%-77.79%-17.81%-29.68%-30.07%-26.18%-51.45%-152.85%
Gross Margin63.18%67.72%72.82%60.59%83.2%-40.04%-276.24%76.44%1.7%-8.71%
Net Margin-48.67%-97.74%-50.66%-317.2%-533.01%-533.01%-646.01%105.23%-1540.63%-3216.18%
Debt / Equity0.01x0.02x0.02x0.56x3.24x2.71x1.77x0.41x0.06x0.14x
Interest Coverage-118.06x-145.37x-225.68x-59.27x-4.74x-4.69x-4.90x-11.18x-213.16x-22504.83x
FCF Conversion-0.42x0.30x0.89x0.24x0.45x0.45x0.61x-2.30x0.70x0.54x
Revenue Growth141.35%9.98%20.98%-30.48%-80.08%0%-55.4%88.61%-76.87%-36.95%

Revenue by Segment

2014201520162017201820192020202120222024
Exemplar---------3.92M
Exemplar Growth----------
Upfront And Milestone Payments----63.28M50.59M25M2.03M16.01M-
Upfront And Milestone Payments Growth------20.05%-50.58%-91.87%686.97%-
Collaboration and licensing agreements----16.3M2.17M----
Collaboration and licensing agreements Growth------86.68%----
Service----52.42M-----
Service Growth----------
Product----28.53M-----
Product Growth----------
Other----2.76M-----
Other Growth----------
Research And Development Services-55.31M75.44M73.94M------
Research And Development Services Growth--36.40%-1.98%------
Prepaid Product And Service Revenues4.37M---------
Prepaid Product And Service Revenues Growth----------
Prepaid Research And Development Services1.04M---------
Prepaid Research And Development Services Growth----------
Deferred Revenue Other571K---------
Deferred Revenue Other Growth----------

Revenue by Geography

2014201520162017201820192020202120222024
Non-US-5.92M11.97M17.61M11.95M1.4M595K530K233K-
Non-US Growth--102.25%47.09%-32.15%-88.27%-57.53%-10.92%-56.04%-
Foreign Countries2.17M---------
Foreign Countries Growth----------

Frequently Asked Questions

Growth & Financials

Precigen, Inc. (PGEN) reported $6.3M in revenue for fiscal year 2024. This represents a 21% decrease from $8.0M in 2011.

Precigen, Inc. (PGEN) saw revenue decline by 36.9% over the past year.

Precigen, Inc. (PGEN) reported a net loss of $246.9M for fiscal year 2024.

Dividend & Returns

Precigen, Inc. (PGEN) has a return on equity (ROE) of -160.8%. Negative ROE indicates the company is unprofitable.

Precigen, Inc. (PGEN) had negative free cash flow of $75.6M in fiscal year 2024, likely due to heavy capital investments.

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