Bolt Biotherapeutics, Inc. (BOLT) 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.
Bolt Biotherapeutics, Inc. (BOLT) stock price & volume — 10-year historical chart
Bolt Biotherapeutics, Inc. (BOLT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Bolt Biotherapeutics, Inc. (BOLT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 12, 2026 | $3.84vs $6.11+37.1% | $3Mvs $666,667+275.0% |
| Q4 2025 | Nov 12, 2025 | $3.72vs $5.07+26.6% | $2Mvs $820,800+164.3% |
| Q3 2025 | Aug 14, 2025 | $4.46vs $6.40+30.3% | $2Mvs $845,800+113.3% |
| Q2 2025 | May 12, 2025 | $5.80vs $6.80+14.7% | $1Mvs $767,500+59.2% |
Bolt Biotherapeutics, Inc. (BOLT) competitors in Oncology Therapeutics Developers — business model, growth, and fundamentals comparison
Bolt Biotherapeutics, Inc. (BOLT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Bolt Biotherapeutics, Inc. (BOLT) 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 | 0 | 215K | 231K | 1.26M | 5.73M | 7.88M | 7.69M | 7.7M |
| Revenue Growth % | - | - | 7.44% | 445.45% | 354.68% | 37.48% | -2.36% | 0.07% |
| Cost of Goods Sold | 302K | 0 | 40.36M | 75.66M | 73.12M | 61.54M | 0 | 0 |
| COGS % of Revenue | - | - | 17470.56% | 6004.37% | 1276.37% | 781.39% | - | - |
| Gross Profit | -302K▲ 0% | 215K▲ 171.2% | -40.13M▼ 18763.3% | -74.39M▼ 85.4% | -67.39M▲ 9.4% | -53.67M▲ 20.4% | 7.69M▲ 114.3% | 0▼ 100.0% |
| Gross Margin % | - | 100% | -17370.56% | -5904.37% | -1176.37% | -681.39% | 100% | - |
| Gross Profit Growth % | - | 171.19% | -18763.26% | -85.4% | 9.41% | 20.37% | 114.33% | -100% |
| Operating Expenses | 11.63M | 31.18M | 9.06M | 18.39M | 22.93M | 22.53M | 80.74M | 43.81M |
| OpEx % of Revenue | - | 14504.19% | 3920.35% | 1459.76% | 400.19% | 286.06% | 1049.91% | 569.3% |
| Selling, General & Admin | 2.21M | 5.18M | 9.06M | 18.39M | 22.93M | 22.53M | 18.46M | 13.79M |
| SG&A % of Revenue | - | 2410.23% | 3920.35% | 1459.76% | 400.19% | 286.06% | 240.01% | 179.27% |
| Research & Development | 9.42M | 26M | 40.36M | 75.66M | 73.12M | 61.54M | 57.47M | 28.53M |
| R&D % of Revenue | - | 12093.95% | 17470.56% | 6004.37% | 1276.37% | 781.39% | 747.32% | 370.8% |
| Other Operating Expenses | -153K | 0 | -40.36M | -75.66M | -73.12M | -61.54M | 4.81M | 1.48M |
| Operating Income | -11.63M▲ 0% | -30.97M▼ 166.3% | -49.18M▼ 58.8% | -92.79M▼ 88.7% | -90.32M▲ 2.7% | -76.2M▲ 15.6% | -73.05M▲ 4.1% | -36.11M▲ 50.6% |
| Operating Margin % | - | -14404.19% | -21290.91% | -7364.13% | -1576.56% | -967.45% | -949.91% | -469.3% |
| Operating Income Growth % | - | -166.31% | -58.81% | -88.66% | 2.66% | 15.64% | 4.13% | 50.56% |
| EBITDA | -11.33M | -30.63M | -48.57M | -91.59M | -88.66M | -74.34M | -71.27M | -36.11M |
| EBITDA Margin % | - | -14248.37% | -21026.41% | -7269.44% | -1547.48% | -943.91% | -926.75% | -469.3% |
| EBITDA Growth % | - | -170.45% | -58.55% | -88.58% | 3.21% | 16.14% | 4.14% | 49.33% |
| D&A (Non-Cash Add-back) | 302K | 335K | 611K | 1.19M | 1.67M | 1.85M | 1.78M | 0 |
| EBIT | -11.59M | -30.97M | -49.18M | -92.79M | -90.32M | -76.2M | -68.24M | 0 |
| Net Interest Income | 0 | 524K | 199K | 281K | 2.22M | 7M | 5.25M | 0 |
| Interest Income | 193K | 524K | 199K | 281K | 2.22M | 7M | 5.25M | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 40K | 482K | -11.55M | -5.8M | 2.22M | 7M | 9.93M | 2.74M |
| Pretax Income | -11.59M▲ 0% | -30.49M▼ 163.1% | -60.73M▼ 99.2% | -98.59M▼ 62.3% | -88.1M▲ 10.6% | -69.2M▲ 21.5% | -63.12M▲ 8.8% | -33.38M▲ 47.1% |
| Pretax Margin % | - | -14180% | -26289.18% | -7824.68% | -1537.76% | -878.58% | -820.78% | -433.74% |
| Income Tax | 40K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -0.35% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -11.59M▲ 0% | -30.49M▼ 163.1% | -60.73M▼ 99.2% | -98.59M▼ 62.3% | -88.1M▲ 10.6% | -69.2M▲ 21.5% | -63.12M▲ 8.8% | -33.38M▲ 47.1% |
| Net Margin % | - | -14180% | -26289.18% | -7824.68% | -1537.76% | -878.58% | -820.78% | -433.74% |
| Net Income Growth % | - | -163.07% | -99.19% | -62.35% | 10.64% | 21.45% | 8.79% | 47.12% |
| Net Income (Continuing) | -11.59M | -30.49M | -60.73M | -98.59M | -88.1M | -69.2M | -63.12M | -33.38M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -5.96▲ 0% | -3.75▲ 37.1% | -1.99▲ 46.9% | -2.79▼ 40.2% | -2.30▲ 17.6% | -1.83▲ 20.4% | -1.65▲ 9.8% | -17.85▼ 981.8% |
| EPS Growth % | - | 37.08% | 46.93% | -40.2% | 17.56% | 20.43% | 9.84% | -981.82% |
| EPS (Basic) | -5.96 | -3.75 | -1.99 | -2.79 | -2.30 | -1.83 | -1.65 | -17.85 |
| Diluted Shares Outstanding | 1.94M | 8.01M | 36.25M | 37.4M | 37.36M | 37.81M | 38.18M | 1.87M |
| Basic Shares Outstanding | 1.94M | 8.01M | 36.25M | 37.4M | 37.36M | 37.81M | 38.18M | 1.87M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Bolt Biotherapeutics, Inc. (BOLT) 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 | 14.1M | 35.9M | 25.36M | 189.16M | 172.75M | 105.71M | 50.81M | 30.26M |
| Cash & Short-Term Investments | 13.63M | 34.83M | 22.84M | 186.22M | 168.89M | 102.19M | 47.32M | 27.5M |
| Cash Only | 13.63M | 34.83M | 5.54M | 27.38M | 9.24M | 10.81M | 7.21M | 11.7M |
| Short-Term Investments | 0 | 0 | 17.3M | 158.84M | 159.64M | 91.38M | 40.12M | 15.8M |
| Accounts Receivable | 0 | 300K | 0 | 200K | 0 | 0 | 1.17M | 0 |
| Days Sales Outstanding | - | 509.3 | - | 57.94 | - | - | 55.3 | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 2.74M | 3.86M | 3.52M | 1.29M | 2.75M |
| Total Non-Current Assets | 1.88M | 12.55M | 21.18M | 118.56M | 55.06M | 54.08M | 48.82M | 26.49M |
| Property, Plant & Equipment | 1.44M | 11.52M | 16.38M | 30.6M | 28.52M | 24.08M | 24.89M | 20.48M |
| Fixed Asset Turnover | - | 0.02x | 0.01x | 0.04x | 0.20x | 0.33x | 0.31x | 0.38x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 584K | 0 | 86.91M | 23.94M | 26.41M | 22.88M | 4.34M |
| Other Non-Current Assets | 433K | 446K | 4.8M | 1.04M | 2.59M | 3.59M | 1.04M | 1.68M |
| Total Assets | 15.97M▲ 0% | 48.45M▲ 203.3% | 46.54M▼ 3.9% | 307.72M▲ 561.2% | 227.81M▼ 26.0% | 159.78M▼ 29.9% | 99.63M▼ 37.6% | 56.75M▼ 43.0% |
| Asset Turnover | - | 0.00x | 0.00x | 0.00x | 0.03x | 0.05x | 0.08x | 0.14x |
| Asset Growth % | - | 203.27% | -3.93% | 561.16% | -25.97% | -29.86% | -37.65% | -43.04% |
| Total Current Liabilities | 2.75M | 8.66M | 11.26M | 21.33M | 23.12M | 20.46M | 15.86M | 8.44M |
| Accounts Payable | 892K | 2.1M | 1.6M | 3.57M | 3.59M | 2.99M | 1.51M | 1.44M |
| Days Payables Outstanding | 1.08K | - | 14.45 | 17.24 | 17.94 | 17.72 | - | - |
| Short-Term Debt | 0 | 0 | 0 | 2.5M | 0 | 0 | 0 | 2.83M |
| Deferred Revenue (Current) | 0 | 599K | 1.5M | 2.87M | 1.99M | 2.2M | 3.02M | 449K |
| Other Current Liabilities | 0 | 1.41M | 3.78M | 7.5M | 4.8M | 6.67M | 4.2M | 5.16M |
| Current Ratio | 5.12x | 4.15x | 2.25x | 8.87x | 7.47x | 5.17x | 3.20x | 3.59x |
| Quick Ratio | 5.12x | 4.15x | 2.25x | 8.87x | 7.47x | 5.17x | 3.20x | 3.59x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 29.16M | 85.64M | 140.22M | 36.27M | 33.18M | 26.59M | 26.58M | 21.81M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.13M |
| Capital Lease Obligations | 0 | 7.09M | 9.38M | 21.85M | 20.22M | 17.44M | 22.96M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 29.16M | 77.58M | 130.85M | 210K | 42K | 43K | 0 | 1.68M |
| Total Liabilities | 31.92M | 94.29M | 151.49M | 57.6M | 56.3M | 47.04M | 42.43M | 30.24M |
| Total Debt | 40K | 10.19M | 10.88M | 24.36M | 22.61M | 20.22M | 25.21M | 22.96M |
| Net Debt | -13.59M | -24.64M | 5.33M | -3.03M | 13.37M | 9.41M | 18M | 11.26M |
| Debt / Equity | - | - | - | 0.10x | 0.13x | 0.18x | 0.44x | 0.87x |
| Debt / EBITDA | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - |
| Total Equity | -15.94M▲ 0% | -45.85M▼ 187.6% | -104.95M▼ 128.9% | 250.12M▲ 338.3% | 171.51M▼ 31.4% | 112.74M▼ 34.3% | 57.2M▼ 49.3% | 26.5M▼ 53.7% |
| Equity Growth % | - | -187.56% | -128.91% | 338.33% | -31.43% | -34.26% | -49.27% | -53.66% |
| Book Value per Share | -8.20 | -5.72 | -2.90 | 6.69 | 4.59 | 2.98 | 1.50 | 14.17 |
| Total Shareholders' Equity | -15.94M | -45.85M | -104.95M | 250.12M | 171.51M | 112.74M | 57.2M | 26.5M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 1K | 0 | 0 |
| Retained Earnings | -17.18M | -47.67M | -108.4M | -206.99M | -295.09M | -364.29M | -427.4M | -460.78M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | -321K | -919K | 37K | 97K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bolt Biotherapeutics, Inc. (BOLT) 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 | -9.87M | -26.34M | -47.31M | -57.07M | -76.5M | -69.53M | -61.29M | -39.85M |
| Operating CF Margin % | - | -12252.56% | -20479.65% | -4529.05% | -1335.38% | -882.75% | -797% | -517.87% |
| Operating CF Growth % | - | -166.85% | -79.58% | -20.63% | -34.06% | 9.12% | 11.85% | 34.98% |
| Net Income | -11.59M | -30.49M | -60.73M | -98.59M | -88.1M | -69.2M | -63.12M | -33.38M |
| Depreciation & Amortization | 302K | 335K | 611K | 1.19M | 1.67M | 1.85M | 1.78M | 1.29M |
| Stock-Based Compensation | 123K | 508K | 1.42M | 8.5M | 9.58M | 9.22M | 7.41M | 2.78M |
| Deferred Taxes | 0 | 0 | 34K | 2.76M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 153K | 1.04M | 13.64M | 8.56M | 3.41M | -1.54M | 1.08M | -10.55M |
| Working Capital Changes | 1.14M | 2.27M | -2.28M | 20.51M | -3.06M | -9.86M | -8.44M | 0 |
| 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 | 0 | 0 | 2.88M | 6.68M | 2.77M | -3.41M | 0 | -5.43M |
| Cash from Investing | -290K | -508K | -20.59M | -232.2M | 57.86M | 71.04M | 57.58M | 44.3M |
| Capital Expenditures | -290K | -508K | -3.26M | -2.34M | -1.95M | -206K | -41K | -72K |
| CapEx % of Revenue | - | 236.28% | 1412.12% | 185.56% | 34.09% | 2.62% | 0.53% | 0.94% |
| Acquisitions | 0 | 0 | 17.33M | 229.86M | -59.81M | 0 | 148K | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | -17.33M | -229.86M | 59.81M | 0 | 0 | 963K |
| Cash from Financing | 19.09M | 48.63M | 39.6M | 311.11M | 503K | 253K | 108K | 19K |
| Debt Issued (Net) | -39K | -40K | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 1000K | 1000K | 1000K | 503K | 253K | 108K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 19.13M | 0 | -1.97M | 0 | 0 | 0 | 0 | 19K |
| Net Change in Cash | 8.93M▲ 0% | 21.78M▲ 143.8% | -28.3M▼ 230.0% | 21.84M▲ 177.2% | -18.14M▼ 183.1% | 1.77M▲ 109.7% | -3.6M▼ 304.1% | 4.47M▲ 224.0% |
| Free Cash Flow | -10.16M▲ 0% | -26.85M▼ 164.2% | -50.57M▼ 88.3% | -59.4M▼ 17.5% | -78.46M▼ 32.1% | -69.73M▲ 11.1% | -61.33M▲ 12.0% | -39.92M▲ 34.9% |
| FCF Margin % | - | -12488.84% | -21891.77% | -4714.6% | -1369.47% | -885.36% | -797.53% | -518.8% |
| FCF Growth % | - | -164.23% | -88.34% | -17.47% | -32.07% | 11.12% | 12.05% | 34.91% |
| FCF per Share | -5.23 | -3.35 | -1.40 | -1.59 | -2.10 | -1.84 | -1.61 | -21.35 |
| FCF Conversion (FCF/Net Income) | 0.85x | 0.86x | 0.78x | 0.58x | 0.87x | 1.00x | 0.97x | 1.19x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bolt Biotherapeutics, Inc. (BOLT) 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) | - | - | - | -135.83% | -41.79% | -48.69% | -74.28% | -79.75% |
| Return on Invested Capital (ROIC) | - | - | - | -94.37% | -31.36% | -37.23% | -55.52% | -47.95% |
| Gross Margin | - | 100% | -17370.56% | -5904.37% | -1176.37% | -681.39% | 100% | - |
| Net Margin | - | -14180% | -26289.18% | -7824.68% | -1537.76% | -878.58% | -820.78% | -433.74% |
| Debt / Equity | - | - | - | 0.10x | 0.13x | 0.18x | 0.44x | 0.87x |
| FCF Conversion | 0.85x | 0.86x | 0.78x | 0.58x | 0.87x | 1.00x | 0.97x | 1.19x |
| Revenue Growth | - | - | 7.44% | 445.45% | 354.68% | 37.48% | -2.36% | 0.07% |
Bolt Biotherapeutics, Inc. (BOLT) stock FAQ — growth, dividends, profitability & financials explained
Bolt Biotherapeutics, Inc. (BOLT) reported $7.7M in revenue for fiscal year 2025.
Bolt Biotherapeutics, Inc. (BOLT) grew revenue by 0.1% over the past year. Growth has been modest.
Bolt Biotherapeutics, Inc. (BOLT) reported a net loss of $33.4M for fiscal year 2025.
Bolt Biotherapeutics, Inc. (BOLT) has a return on equity (ROE) of -79.7%. Negative ROE indicates the company is unprofitable.
Bolt Biotherapeutics, Inc. (BOLT) had negative free cash flow of $39.9M in fiscal year 2025, likely due to heavy capital investments.
Bolt Biotherapeutics, Inc. (BOLT) 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