Q32 Bio Inc. logo

Q32 Bio Inc.

QTTB

NASDAQHealthcareBiotechnology

Previous close

$15.97

+$0.11 · +0.69%

Aug 21, 4:00 PM ET

QTTB company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

91

Deep Value

Momentum

78

Gaining

Sentiment

63

Bullish

Risk resilience

50

Elevated Risk

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Company profile

Company website

Operating as a clinical-stage biotechnology firm, Q32 Bio Inc. is dedicated to developing biologic therapies aimed at re-establishing healthy immune equilibrium in patients across the United States suffering from autoimmune and inflammatory disorders stemming from dysfunctional immune responses. The company's primary investigational therapy, ADX-097, is a humanized anti-C3d monoclonal antibody fusion protein designed to normalize complement regulation. This candidate has successfully finished its Phase I clinical trial, targeting severe renal and other complement-driven conditions where patient needs are largely unmet, such as lupus nephritis, IgA nephropathy, C3 glomerulopathy, and ANCA-associated vasculitis. Additionally, Q32 Bio is advancing Bempikibart (ADX-914), a fully human monoclonal antibody antagonist against interleukin-7 receptor alpha. Currently in Phase II trials, Bempikibart aims to recalibrate adaptive immune responses by inhibiting signaling pathways involving interleukin-7 and thymic stromal lymphopoietin, offering potential treatment for atopic dermatitis and alopecia areata. Founded in 2017 and headquartered in Waltham, Massachusetts, Q32 Bio Inc. adopted its current name in April 2020, having previously operated as AdMIRx Inc.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Jodie Pope Morrison
Listed since
Mar 28, 2018
Employees
22

Market position

Day range

Current $15.97

52-week range

Current $15.97

Open
$16.07
Previous close
$15.86
Volume
293.02K
0.25× average
Average volume
1.15M
Average daily volume
Market cap
475.33M USD
Beta
-0.33
Market reference 1
50-day average
$14.5531
+9.74% above average
200-day average
$7.4154
+115.36% above average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends953%373%-208%-789%Gross margin, FY2022: 100.00%Gross margin, FY2023: 100.00%Gross margin, FY2025: 100.00%Operating margin, FY2022: -589.76%Operating margin, FY2023: 725.53%Operating margin, FY2025: 31.45%Net margin, FY2022: -643.65%Net margin, FY2023: 808.04%Net margin, FY2025: 55.49%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2022 100.00%. Gross margin FY2023 100.00%. Gross margin FY2025 100.00%. Operating margin FY2022 -589.76%. Operating margin FY2023 725.53%. Operating margin FY2025 31.45%. Net margin FY2022 -643.65%. Net margin FY2023 808.04%. Net margin FY2025 55.49%.

Income trends

Revenue

53.74M USD+60.39M USD

Operating income

16.9M USD+83M USD

Net income

29.82M USD+77.55M USD
Income trends across reported periods65.72M USD17.79M USD−30.15M USD−78.09M USDRevenue, FY2022: 6.65M USDRevenue, FY2023: −6.65M USDRevenue, FY2025: 53.74M USDOperating income, FY2021: −36.69M USDOperating income, FY2022: −39.23M USDOperating income, FY2023: −48.26M USDOperating income, FY2024: −66.1M USDOperating income, FY2025: 16.9M USDNet income, FY2021: −37.56M USDNet income, FY2022: −42.81M USDNet income, FY2023: −53.74M USDNet income, FY2024: −47.73M USDNet income, FY2025: 29.82M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2022 6.65M USD. Revenue FY2023 −6.65M USD. Revenue FY2025 53.74M USD. Operating income FY2021 −36.69M USD. Operating income FY2022 −39.23M USD. Operating income FY2023 −48.26M USD. Operating income FY2024 −66.1M USD. Operating income FY2025 16.9M USD. Net income FY2021 −37.56M USD. Net income FY2022 −42.81M USD. Net income FY2023 −53.74M USD. Net income FY2024 −47.73M USD. Net income FY2025 29.82M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue53.74M USD−6.65M USD6.65M USD
Gross profit53.74M USD−6.65M USD6.65M USD
Research and development19.16M USD48.14M USD31.73M USD35.81M USD29.93M USD
Selling, general, and administrative17.68M USD17.96M USD9.88M USD10.06M USD6.76M USD
Operating expenses36.84M USD66.1M USD41.6M USD45.88M USD36.69M USD
Interest income2.2M USD3.9M USD
Interest expense1.1M USD1.1M USD
Depreciation and amortization391K USD487K USD499K USD370K USD47K USD
Operating income16.9M USD−66.1M USD−48.26M USD−39.23M USD−36.69M USD
Net income29.82M USD−47.73M USD−53.74M USD−42.81M USD−37.56M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
-28.63%
11 comparable reports
Latest EPS result
-0.44
Estimate -0.46 · Beat by 4.34%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates4.052.10.16-1.79Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 11, 2025: actual -1.16, estimate -1.25, surprise +7.20%, Beat. Q2 2025, reported May 8, 2025: actual -0.9, estimate -1.23, surprise +26.83%, Beat. Q3 2025, reported Aug 6, 2025: actual -0.78, estimate -1.14, surprise +31.58%, Beat. Q4 2025, reported Nov 13, 2025: actual -0.6, estimate -1.39, surprise +56.83%, Beat. Q1 2026, reported Mar 10, 2026: actual 3.65, estimate -0.85, surprise +529.41%, Beat. Q2 2026, reported May 5, 2026: actual -0.54, estimate -0.68, surprise +20.59%, Beat. Q3 2026, reported Aug 5, 2026: actual -0.44, estimate -0.46, surprise +4.34%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate -0.34, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates59.21M32.76M6.31M-20.13MQ1 '24MissQ2 '24EstimateQ1 '26MetQ3 '26Estimate
Q1 2024, reported Mar 13, 2024: actual -14.66M USD, estimate 500K USD, surprise -3032.40%, Miss. Q2 2024, reported May 9, 2024: actual —, estimate 170K USD, surprise —, Comparison unavailable. Q1 2026, reported Mar 10, 2026: actual 53.74M USD, estimate 53.74M USD, surprise 0.00%, Met estimate. Q3 2026, reported Aug 5, 2026: actual —, estimate 750K USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$39.00

144.21% upside
Past 12 months12-month forecastHigh $66.00Average $39.00Low $14.00

Rating distribution

8 ratings
Strong buy00%
Buy450%
Hold450%
Sell00%
Strong sell00%

Corporate actions

Corporate action history

Stock split

Effective Mar 26, 2024

1:18

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