CRISPR Therapeutics AG, a gene editing company, focuses on developing gene-based medicines for serious human diseases using its Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR)/CRISPR-associated protein 9 (Cas9) platform. The company's CRISPR/Cas9 is a technology for gene editing which is the process of precisely altering specific sequences of genomic DNA. It has a portfolio of therapeutic programs across a range of disease areas, including hemoglobinopathies, CAR T cell therapies, in vivo, and type 1 diabetes, as well as develops investigational CAR T programs, including an autologous, gene-edited CAR T program targeting allogeneic chimeric antigen receptor T cell for autoimmune indications and oncology. The company's lead product candidate is CASGEVY, an ex vivo CRISPR/Cas9 gene-edited cell therapy for treating patients suffering from transfusion-dependent beta-thalassemia, severe sickle cell disease (SCD), and hemoglobinopathies in which a patient's hematopoietic stem and progenitor cells are edited to produce high levels of fetal hemoglobin in red blood cells. It also develops CAR T cell therapies, including CTX112 targeting cluster of differentiation 19 (CD19) and CTX131 targeting CD70 for oncology and autoimmune indications; CTX310 and CTX320, in vivo gene editing to address the cardiovascular disease by disrupting the validated targets angiopoietin-like protein 3 and lipoprotein; and CTX211, an allogeneic, gene-edited, hypoimmune stem cell-derived product candidate for the treatment of T1D. It has strategic partnerships with Vertex Pharmaceuticals Incorporated. CRISPR Therapeutics AG was incorporated in 2013 and is headquartered in Zug, Switzerland.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $0M | $-645M | $-582M | $-371M | -30.3% | -100.0% | - |
| 2024 | $35M | $-447M | $-366M | $-145M | -19.0% | -90.5% | - |
| 2023 | $370M | $-203M | $-154M | $-272M | -8.2% | 84762.4% | - |
| 2022 | $0M | $-649M | $-650M | $-533M | -34.7% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 0.44 | 370 | 35 | 0 |
| Cost Of Revenue | 110.25 | 130.25 | 120.67 | 213.48 |
| Gross Profit | -109.81 | 239.75 | -85.67 | -213.48 |
| Operating Expense | 563.35 | 462.29 | 380.90 | 451.09 |
| Operating Income | -673.16 | -222.54 | -466.57 | -664.57 |
| EBITDA | -648.99 | -202.70 | -447.31 | -645.09 |
| EBIT | -673.16 | -222.54 | -466.57 | -664.57 |
| Pretax Income | -650.50 | -150.72 | -362.67 | -577.97 |
| Tax Provision | -0.33 | 2.89 | 3.59 | 3.63 |
| Net Income | -650.17 | -153.61 | -366.25 | -581.60 |
| Net Income Common Stockholders | -650.17 | -153.61 | -366.25 | -581.60 |
| Total Expenses | 673.60 | 592.54 | 501.57 | 664.57 |
| Research And Development | 461.64 | 387.33 | 310.24 | 381.06 |
| Selling General And Administration | 102.46 | 76.16 | 72.98 | 73.54 |
| Normalized EBITDA | -648.99 | -202.70 | -447.31 | -645.09 |
| Normalized Income | -650.17 | -153.61 | -366.25 | -581.60 |
| Basic EPS | -8.36 | -1.94 | -4.34 | -6.47 |
| Diluted EPS | -8.36 | -1.94 | -4.34 | -6.47 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0 | 0.09 | 0.09 | 0.09 |
| Net Income From Continuing Operation Net Minority Interest | -650.17 | -153.61 | -366.25 | -581.60 |
| Reconciled Depreciation | 24.17 | 19.84 | 19.26 | 19.48 |
| Reconciled Cost Of Revenue | 110.25 | 130.25 | 120.67 | 213.48 |
| Net Income From Continuing And Discontinued Operation | -650.17 | -153.61 | -366.25 | -581.60 |
| Total Operating Income As Reported | -673.16 | -222.54 | -466.57 | -664.57 |
| Diluted Average Shares | 77.75 | 79.22 | 84.36 | 89.93 |
| Basic Average Shares | 77.75 | 79.22 | 84.36 | 89.93 |
| Diluted NI Availto Com Stockholders | -650.17 | -153.61 | -366.25 | -581.60 |
| Net Income Including Noncontrolling Interests | -650.17 | -153.61 | -366.25 | -581.60 |
| Net Income Continuous Operations | -650.17 | -153.61 | -366.25 | -581.60 |
| Other Income Expense | 22.66 | 71.82 | 103.90 | 86.61 |
| Other Non Operating Income Expenses | 22.66 | 71.82 | 103.90 | 86.61 |
| Other Operating Expenses | -0.76 | -1.21 | -2.31 | -3.51 |
| General And Administrative Expense | 102.46 | 76.16 | 72.98 | 73.54 |
| Other Gand A | 102.46 | 76.16 | 72.98 | 73.54 |
| Operating Revenue | 0.44 | 370 | 35 | 0 |
Healthcare sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| CRISPR Therapeutics AGthis co. | CRSP | $4.9B | - | 2.53 | -30.3% | -5.64 |
| Immunovant, Inc. | IMVT | $5.5B | - | 5.56 | -58.5% | -9.23 |
| Oscar Health, Inc. | OSCR | $5.4B | - | 5.45 | -45.2% | -5.02 |
| Xenon Pharmaceuticals Inc. | XENE | $5.4B | - | 7.67 | -59.5% | -11.06 |
| Lantheus Holdings, Inc. | LNTH | $5.3B | 23.80 |
| 4.81 |
| 21.4% |
| 14.41 |
| PACS Group, Inc. | PACS | $5.2B | 27.38 | 5.53 | 20.1% | 23.70 |
| Amicus Therapeutics, Inc. | FOLD | $4.5B | - | 16.43 | -9.9% | 112.00 |
| Dianthus Therapeutics, Inc. | DNTH | $4.5B | - | 7.31 | -32.9% | -18.62 |
| Alignment Healthcare, Inc. | ALHC | $4.5B | - | 24.74 | -0.4% | 90.31 |
| Peer Median | - | 25.59 | 6.44 | -21.4% | 4.69 | |