This page shows Corbus Pharmaceu (CRBP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Corbus Pharmaceu passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Corbus Pharmaceu generates $0.82 in operating cash flow (-$64.5M OCF vs -$78.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Corbus Pharmaceu's EBITDA was -$85.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 76.8% from the prior year.
Corbus Pharmaceu reported -$78.5M in net income in fiscal year 2025. This represents a decrease of 95.3% from the prior year.
Corbus Pharmaceu earned $-5.90 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 60.3% from the prior year.
Cash & Balance Sheet
Corbus Pharmaceu generated -$64.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 54.3% from the prior year.
Corbus Pharmaceu held $28.5M in cash against $0 in long-term debt as of fiscal year 2025.
Corbus Pharmaceu had 18M shares outstanding in fiscal year 2025. This represents an increase of 44.6% from the prior year.
Margins & Returns
Corbus Pharmaceu's ROE was -53.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 25.0 percentage points from the prior year.
Capital Allocation
Corbus Pharmaceu invested $70.1M in research and development in fiscal year 2025. This represents an increase of 117.5% from the prior year.
Corbus Pharmaceu invested $7K in capex in fiscal year 2025, funding long-term assets and infrastructure.
CRBP Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | $20.9M+37.4% | $15.2M-2.9% | $15.6M | N/A | $10.8M+57.4% | $6.9M+19.1% | $5.8M |
| SG&A Expenses | N/A | $3.6M-10.3% | $4.0M-4.1% | $4.1M | N/A | $4.7M+13.9% | $4.1M+6.8% | $3.9M |
| Operating Income | N/A | -$24.4M-27.5% | -$19.2M+3.2% | -$19.8M | N/A | -$15.5M-41.1% | -$11.0M-14.2% | -$9.6M |
| Interest Expense | N/A | $0 | $0 | $0 | N/A | $400K-38.7% | $652K-18.5% | $800K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | -$23.3M-32.2% | -$17.7M-4.0% | -$17.0M | N/A | -$13.8M-37.9% | -$10.0M-44.9% | -$6.9M |
| EPS (Diluted) | N/A | $-1.90-31.9% | $-1.44-3.6% | $-1.39 | N/A | $-1.15-27.8% | $-0.90-8.4% | $-0.83 |
CRBP Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $168.2M+53.6% | $109.5M-12.4% | $125.1M-10.6% | $139.9M-10.2% | $155.9M-5.1% | $164.2M+8.0% | $152.0M+20.9% | $125.7M |
| Current Assets | $167.0M+55.2% | $107.6M-12.4% | $122.8M-10.6% | $137.4M-10.2% | $153.0M-4.9% | $160.9M+8.5% | $148.3M+21.9% | $121.7M |
| Cash & Equivalents | $28.5M+5.6% | $27.0M+34.6% | $20.0M+6.1% | $18.9M+9.9% | $17.2M-11.5% | $19.4M-18.0% | $23.7M+67.9% | $14.1M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $20.7M+19.1% | $17.4M+23.2% | $14.1M+9.9% | $12.8M-4.7% | $13.5M-1.6% | $13.7M-48.3% | $26.4M-8.1% | $28.8M |
| Current Liabilities | $20.7M+21.3% | $17.1M+28.0% | $13.3M+14.7% | $11.6M-1.7% | $11.8M+1.7% | $11.6M-51.5% | $24.0M-7.5% | $25.9M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
| Total Equity | $147.5M+60.1% | $92.1M-17.0% | $111.0M-12.7% | $127.1M-10.8% | $142.4M-5.4% | $150.5M+19.9% | $125.5M+29.5% | $97.0M |
| Retained Earnings | -$555.4M-3.8% | -$534.9M-4.6% | -$511.5M-3.6% | -$493.9M-3.6% | -$476.9M-2.0% | -$467.4M-3.0% | -$453.6M-2.3% | -$443.6M |
CRBP Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$15.9M-2.4% | -$15.6M+6.3% | -$16.6M-1.1% | -$16.4M-50.1% | -$10.9M+21.5% | -$13.9M-55.9% | -$8.9M-12.3% | -$8.0M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$57.1M-391.0% | $19.6M+10.7% | $17.7M-2.1% | $18.1M+107.6% | $8.7M+156.8% | -$15.4M+6.5% | -$16.4M+83.3% | -$98.2M |
| Financing Cash Flow | $74.6M+2515.7% | $2.9M | $0 | $0+100.0% | -$13K-100.1% | $25.0M-28.4% | $35.0M-67.2% | $106.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
CRBP Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | -25.3%-9.4pp | -15.9%-2.5pp | -13.4% | N/A | -9.2%-1.2pp | -8.0%-0.9pp | -7.1% |
| Return on Assets | N/A | -21.3%-7.2pp | -14.1%-2.0pp | -12.1% | N/A | -8.4%-1.8pp | -6.6%-1.1pp | -5.5% |
| Current Ratio | 8.07+1.8 | 6.31-2.9 | 9.21-2.6 | 11.82-1.1 | 12.94-0.9 | 13.84+7.7 | 6.18+1.5 | 4.69 |
| Debt-to-Equity | 0.14-0.0 | 0.19+0.1 | 0.13+0.0 | 0.100.0 | 0.090.0 | 0.09-0.1 | 0.21+0.2 | 0.00 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
Is Corbus Pharmaceu profitable?
No, Corbus Pharmaceu (CRBP) reported a net income of -$78.5M in fiscal year 2025.
What is Corbus Pharmaceu's EBITDA?
Corbus Pharmaceu (CRBP) had EBITDA of -$85.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Corbus Pharmaceu's return on equity (ROE)?
Corbus Pharmaceu (CRBP) has a return on equity of -53.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Corbus Pharmaceu's free cash flow?
Corbus Pharmaceu (CRBP) generated -$64.5M in free cash flow during fiscal year 2025. This represents a -54.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Corbus Pharmaceu's operating cash flow?
Corbus Pharmaceu (CRBP) generated -$64.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Corbus Pharmaceu's total assets?
Corbus Pharmaceu (CRBP) had $168.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Corbus Pharmaceu's capital expenditures?
Corbus Pharmaceu (CRBP) invested $7K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Corbus Pharmaceu spend on research and development?
Corbus Pharmaceu (CRBP) invested $70.1M in research and development during fiscal year 2025.
What is Corbus Pharmaceu's current ratio?
Corbus Pharmaceu (CRBP) had a current ratio of 8.07 as of fiscal year 2025, which is generally considered healthy.
What is Corbus Pharmaceu's debt-to-equity ratio?
Corbus Pharmaceu (CRBP) had a debt-to-equity ratio of 0.14 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Corbus Pharmaceu's return on assets (ROA)?
Corbus Pharmaceu (CRBP) had a return on assets of -46.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Corbus Pharmaceu's cash runway?
Based on fiscal year 2025 data, Corbus Pharmaceu (CRBP) had $28.5M in cash against an annual operating cash burn of $64.5M. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Corbus Pharmaceu's Piotroski F-Score?
Corbus Pharmaceu (CRBP) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Corbus Pharmaceu's earnings high quality?
Corbus Pharmaceu (CRBP) has an earnings quality ratio of 0.82x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.