8-K Announcements
6Mar 23, 2026·SEC
Jan 12, 2026·SEC
Nov 10, 2025·SEC
Cabaletta Bio, Inc. (CABA) 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.
Cabaletta Bio, Inc. (CABA) stock price & volume — 10-year historical chart
Cabaletta Bio, Inc. (CABA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Cabaletta Bio, Inc. (CABA) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 23, 2026 | $0.40vs $0.45+11.1% | —vs $833,333 |
| Q4 2025 | Nov 10, 2025 | $0.44vs $0.49+10.2% | — |
| Q3 2025 | Aug 7, 2025 | $0.73vs $0.71-2.8% | —vs $4M |
| Q2 2025 | May 15, 2025 | $0.71vs $0.67-6.0% | — |
Cabaletta Bio, Inc. (CABA) competitors in Cell and Gene Therapy Developers — business model, growth, and fundamentals comparison
Cabaletta Bio, Inc. (CABA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Cabaletta Bio, Inc. (CABA) 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 0 | 0 | 0 | 354K | 733K | 3.68M | 1.43M | 4.81M | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0▲ 0% | 0▲ 0% | -104K▲ 0% | -354K▼ 240.4% | -733K▼ 107.1% | -3.68M▼ 402.6% | -1.43M▲ 61.3% | -4.81M▼ 237.5% | 0▲ 100.0% |
| Gross Margin % | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | - | - | - | -240.38% | -107.06% | -402.59% | 61.29% | -237.52% | 100% |
| Operating Expenses | 250K | 6.19M | 18.68M | 33.48M | 45.58M | 50.45M | 73.23M | 120.33M | 172.24M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 250K | 1.73M | 7.01M | 12.1M | 13.09M | 11.15M | 19.24M | 23.13M | 29.57M |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 4.47M | 11.67M | 21.38M | 32.49M | 39.3M | 55.42M | 97.2M | 142.67M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | -1.43M | 0 | 0 |
| Operating Income | -250K▲ 0% | -6.19M▼ 2377.2% | -18.68M▼ 201.7% | -33.83M▼ 81.1% | -46.31M▼ 36.9% | -54.14M▼ 16.9% | -74.66M▼ 37.9% | -125.14M▼ 67.6% | -172.24M▼ 37.6% |
| Operating Margin % | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | - | -2377.2% | -201.68% | -81.09% | -36.89% | -16.9% | -37.9% | -67.61% | -37.64% |
| EBITDA | 83.33K | 0 | -18.58M | -33.48M | -45.58M | -50.45M | -73.23M | -120.33M | -172.24M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | - | -100% | - | -80.2% | -36.14% | -10.7% | -45.15% | -64.31% | -43.14% |
| D&A (Non-Cash Add-back) | 333.33K | 6.19M | 104K | 354K | 733K | 3.68M | 1.43M | 4.81M | 0 |
| EBIT | -250K | -12.2M | -18.68M | -33.34M | -46.29M | -52.98M | -67.67M | -115.12M | 0 |
| Net Interest Income | 0 | 0 | 1.74M | 494K | 24K | 1.16M | 6.99M | 9.28M | 0 |
| Interest Income | 0 | 235K | 1.74M | 494K | 24K | 1.16M | 6.99M | 10.03M | 6.03M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 748K | -2M |
| Other Income/Expense | 0 | -6.01M | 1.74M | 494K | 24K | 1.16M | 6.99M | 9.28M | 4.38M |
| Pretax Income | -250K▲ 0% | -12.2M▼ 4780.8% | -16.94M▼ 38.9% | -33.34M▼ 96.8% | -46.29M▼ 38.8% | -52.98M▼ 14.4% | -67.67M▼ 27.7% | -115.86M▼ 71.2% | -167.86M▼ 44.9% |
| Pretax Margin % | - | - | - | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -250K▲ 0% | -12.2M▼ 4780.8% | -16.94M▼ 38.9% | -33.34M▼ 96.8% | -46.29M▼ 38.8% | -52.98M▼ 14.4% | -67.67M▼ 27.7% | -115.86M▼ 71.2% | -167.86M▼ 44.9% |
| Net Margin % | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | - | -4780.8% | -38.85% | -96.77% | -38.84% | -14.44% | -27.75% | -71.21% | -44.87% |
| Net Income (Continuing) | -250K | -12.2M | -16.94M | -33.34M | -46.29M | -52.98M | -67.67M | -115.86M | -167.86M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.01▲ 0% | -0.84▼ 7976.9% | -4.07▼ 384.5% | -1.44▲ 64.6% | -1.80▼ 25.0% | -1.81▼ 0.6% | -1.65▲ 8.8% | -2.34▼ 41.8% | -1.64▲ 29.9% |
| EPS Growth % | - | -7976.92% | -384.52% | 64.62% | -25% | -0.56% | 8.84% | -41.82% | 29.91% |
| EPS (Basic) | -0.01 | -0.84 | -4.07 | -1.44 | -1.80 | -1.81 | -1.65 | -2.34 | -1.64 |
| Diluted Shares Outstanding | 24.03M | 14.51M | 5.47M | 23.14M | 25.74M | 29.34M | 40.95M | 49.47M | 102.26M |
| Basic Shares Outstanding | 24.03M | 14.51M | 4.16M | 23.14M | 25.74M | 29.34M | 40.95M | 49.52M | 102.26M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Cabaletta Bio, Inc. (CABA) 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 | 1K | 33.99M | 140.55M | 113.53M | 124.54M | 108.83M | 244.49M | 166.68M | 138.87M |
| Cash & Short-Term Investments | 1K | 33.02M | 136.2M | 108.66M | 122.22M | 106.55M | 241.25M | 163.96M | 133.6M |
| Cash Only | 1K | 33.02M | 136.2M | 101.43M | 122.22M | 81.61M | 193.24M | 163.96M | 82.98M |
| Short-Term Investments | 0 | 0 | 0 | 7.23M | 0 | 24.94M | 48.01M | 0 | 50.62M |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 2.76M | 1.85M | 1.97M | 2.29M | 0 | 2.71M | 5.27M |
| Total Non-Current Assets | 0 | 180K | 916K | 1.19M | 1.79M | 8.13M | 9.16M | 22.31M | 26.21M |
| Property, Plant & Equipment | 0 | 0 | 815K | 890K | 1.44M | 7.57M | 7.45M | 16.08M | 21.05M |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 180K | 101K | 299K | 357K | 565K | 1.71M | 6.23M | 5.16M |
| Total Assets | 1K▲ 0% | 34.17M▲ 3417300.0% | 141.47M▲ 314.0% | 114.72M▼ 18.9% | 126.34M▲ 10.1% | 116.97M▼ 7.4% | 253.65M▲ 116.9% | 185.05M▼ 27.0% | 165.08M▼ 10.8% |
| Asset Turnover | - | - | - | - | - | - | - | - | - |
| Asset Growth % | - | 3417300% | 313.96% | -18.9% | 10.12% | -7.42% | 116.85% | -27.05% | -10.79% |
| Total Current Liabilities | 250K | 943K | 3.15M | 5.18M | 8.38M | 9.49M | 15.99M | 27.09M | 50.15M |
| Accounts Payable | 189K | 603K | 920K | 1.24M | 2.33M | 2.46M | 4.55M | 4.92M | 6.64M |
| Days Payables Outstanding | - | - | - | 1.28K | 1.16K | 244.03 | 1.16K | 373.34 | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.22M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 12K | 219K | 705K | 38K | 3.07M | 1.33M | 40K | 8.36M | 25.93M |
| Current Ratio | 0.00x | 36.05x | 44.66x | 21.92x | 14.86x | 11.47x | 15.29x | 6.15x | 2.77x |
| Quick Ratio | 0.00x | 36.05x | 44.66x | 21.92x | 14.86x | 11.47x | 15.29x | 6.15x | 2.77x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 189K | 43.92M | 920K | 0 | 0 | 2.96M | 1.46M | 5.63M | 2.88M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.88M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 2.96M | 1.46M | 5.63M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 250K | 44.86M | 3.15M | 5.18M | 8.38M | 12.45M | 17.45M | 32.71M | 53.03M |
| Total Debt | 0 | 43.92M | 0 | 0 | 0 | 5.14M | 5.02M | 15.6M | 27.1M |
| Net Debt | -1K | 10.9M | -136.2M | -101.43M | -122.22M | -76.47M | -188.22M | -148.36M | -55.88M |
| Debt / Equity | - | - | - | - | - | 0.05x | 0.02x | 0.10x | 0.24x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -0.01x | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | -167.30x | - |
| Total Equity | -249K▲ 0% | -10.69M▼ 4193.2% | 138.32M▲ 1393.9% | 109.54M▼ 20.8% | 117.96M▲ 7.7% | 104.52M▼ 11.4% | 236.2M▲ 126.0% | 152.34M▼ 35.5% | 112.05M▼ 26.4% |
| Equity Growth % | - | -4193.17% | 1393.93% | -20.8% | 7.68% | -11.39% | 125.98% | -35.51% | -26.44% |
| Book Value per Share | -0.01 | -0.74 | 25.29 | 4.73 | 4.58 | 3.56 | 5.77 | 3.08 | 1.10 |
| Total Shareholders' Equity | -249K | -10.69M | 138.32M | 109.54M | 117.96M | 104.52M | 236.2M | 152.34M | 112.05M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 1K |
| Retained Earnings | -250K | -12.45M | -32.96M | -66.3M | -112.59M | -165.56M | -233.24M | -349.1M | -516.96M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 6K | 0 | -47K | 39K | 0 | 25K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cabaletta Bio, Inc. (CABA) 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 | 0 | -4.66M | -16.05M | -26.77M | -34.11M | -46.38M | -53.55M | -88.22M | -131.08M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | - | - | -244.24% | -66.84% | -27.41% | -35.98% | -15.46% | -64.75% | -48.58% |
| Net Income | -333.33K | -12.2M | -16.94M | -33.34M | -46.29M | -52.98M | -67.67M | -115.86M | -167.86M |
| Depreciation & Amortization | 0 | 0 | 104K | 354K | 733K | 1.18M | 1.43M | 1.71M | 1.65M |
| Stock-Based Compensation | 0 | 606K | 2.3M | 4.39M | 5.8M | 6.9M | 11.34M | 19.46M | 20.94M |
| Deferred Taxes | 0 | 0 | -2.26M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 252K | 7.4M | 2.26M | 119K | 62K | 2.82M | 1.26M | 4.86M | 14.19M |
| Working Capital Changes | 81.33K | -464K | -1.51M | 1.71M | 5.58M | -4.3M | 101K | 1.61M | 0 |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 234K | 246K | 555K | 975K | -28K | 1.68M | 1.01M | 1.55M |
| Cash from Investing | 0 | 0 | -693K | -7.98M | 6M | -27.22M | -22.45M | 47.29M | -50.27M |
| Capital Expenditures | 0 | 0 | -693K | -635K | -1.17M | -2.45M | -687K | -2.21M | -1.23M |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 7.35K | 0 | 24.76K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | -7.35K | 0 | -24.76K | 0 | 0 | 0 |
| Cash from Financing | 1.33K | 37.68M | 119.92M | -24K | 48.9M | 32.98M | 187.63M | 11.68M | 100.35M |
| Debt Issued (Net) | 0 | 12.54M | 0 | 0 | 0 | 0 | 0 | -897K | 0 |
| Equity Issued (Net) | 0 | 25.31M | 121.21M | -192K | 48.25M | 32.85M | 185.2M | 10.88M | 0 |
| Dividends Paid | 0 | 0 | -10.09M | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -169K | 0 | -192K | 0 | 0 | 0 | 0 | 291K |
| Other Financing | 1.33K | -169K | 8.8M | 168K | 650K | 127K | 2.43M | 1.7M | 100.35M |
| Net Change in Cash | 1.33K▲ 0% | 33.02M▲ 2476719.2% | 103.19M▲ 212.5% | -34.77M▼ 133.7% | 20.79M▲ 159.8% | -40.62M▼ 295.3% | 111.63M▲ 374.9% | -29.28M▼ 126.2% | -80.98M▼ 176.6% |
| Free Cash Flow | 0▲ 0% | -4.66M▲ 0% | -16.74M▼ 259.1% | -27.41M▼ 63.7% | -35.27M▼ 28.7% | -48.83M▼ 38.4% | -54.24M▼ 11.1% | -90.43M▼ 66.7% | -132.31M▼ 46.3% |
| FCF Margin % | - | - | - | - | - | - | - | - | - |
| FCF Growth % | - | - | -259.11% | -63.73% | -28.72% | -38.44% | -11.06% | -66.74% | -46.31% |
| FCF per Share | - | -0.32 | -3.06 | -1.18 | -1.37 | -1.66 | -1.32 | -1.83 | -1.29 |
| FCF Conversion (FCF/Net Income) | - | 0.38x | 0.95x | 0.80x | 0.74x | 0.88x | 0.79x | 0.76x | 0.78x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cabaletta Bio, Inc. (CABA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -26.55% | -26.9% | -40.69% | -47.62% | -39.72% | -59.64% | -126.98% |
| Return on Invested Capital (ROIC) | - | - | -1202.25% | -495.99% | -1804.87% | -341.43% | -147.3% | -361.32% | -429.6% |
| Debt / Equity | - | - | - | - | - | 0.05x | 0.02x | 0.10x | 0.24x |
| Interest Coverage | - | - | - | - | - | - | - | -167.30x | - |
| FCF Conversion | - | 0.38x | 0.95x | 0.80x | 0.74x | 0.88x | 0.79x | 0.76x | 0.78x |
Cabaletta Bio, Inc. (CABA) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 23, 2026·SEC
Jan 12, 2026·SEC
Nov 10, 2025·SEC
Cabaletta Bio, Inc. (CABA) stock FAQ — growth, dividends, profitability & financials explained
Cabaletta Bio, Inc. (CABA) grew revenue by 0.0% over the past year. Growth has been modest.
Cabaletta Bio, Inc. (CABA) reported a net loss of $167.9M for fiscal year 2025.
Cabaletta Bio, Inc. (CABA) has a return on equity (ROE) of -127.0%. Negative ROE indicates the company is unprofitable.
Cabaletta Bio, Inc. (CABA) had negative free cash flow of $132.3M in fiscal year 2025, likely due to heavy capital investments.
Cabaletta Bio, Inc. (CABA) 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