A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CRBP SEC filings page.
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).
Development-stage R&D spending is the dominant mechanic, with operations funded primarily through external financing rather than commercial revenue.
Cash conversion remains tightly linked to reported losses: in FY2025, net loss was-$78.5M while operating cash flow was-$64.5M , so noncash and working-capital effects reduced—but did not eliminate—the cash burden. At the same time, financing cash flow of$77.4M approximately offset that operating outflow, showing that the period’s balance-sheet support came from capital raised rather than internally generated funds.
R&D investment accelerated materially, reaching
The balance sheet is equity-funded and lightly debt-dependent: FY2025 liabilities were
Financial Health Signals
Corbus Pharmaceu does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Corbus Pharmaceu passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Corbus Pharmaceu reported a net loss of $78.5M while operations used $64.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Corbus Pharmaceu's EBITDA was -$36.1M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 89.7% from the same quarter a year earlier. Against the prior quarter it is down 49.0%.
Corbus Pharmaceu reported -$35.0M in net income in Q2 2026. This represents a decrease of 98.4% from the same quarter a year earlier. Against the prior quarter it is down 52.5%.
Corbus Pharmaceu earned -$1.81 per diluted share (EPS) in Q2 2026. Against the prior quarter it is down 47.2%.
Not reported for Q2 2026.
Cash & Balance Sheet
Corbus Pharmaceu recorded an outflow of $29.6M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 78.5% from the same quarter a year earlier. Against the prior quarter it is down 15.9%.
Corbus Pharmaceu held $23.4M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Corbus Pharmaceu's ROE was -34.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 18.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 16.1 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Corbus Pharmaceu invested $31.2M in research and development in Q2 2026. This represents an increase of 105.3% from the same quarter a year earlier. Against the prior quarter it is up 57.3%.
Corbus Pharmaceu invested $6K in capex in Q2 2026, funding long-term assets and infrastructure. It is unchanged from the prior quarter.
Not reported for Q2 2026.
CRBP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| R&D Expenses | $31.2M+105.3% | $19.8M+26.7% | N/A | $20.9M+93.0% | $15.2M+121.2% | $15.6M+171.5% | N/A | $10.8M+65.0% |
| SG&A Expenses | $5.0M+26.5% | $4.5M+8.5% | N/A | $3.6M-24.3% | $4.0M-3.8% | $4.1M+7.0% | N/A | $4.7M+59.9% |
| Operating Income | -$36.2M-89.0% | -$24.3M-22.9% | N/A | -$24.4M-57.5% | -$19.2M-74.3% | -$19.8M-105.5% | N/A | -$15.5M-63.4% |
| EBITDA | -$36.1M-89.7% | -$24.3M-23.2% | N/A | -$24.3M-58.9% | -$19.1M-76.6% | -$19.7M-107.9% | N/A | -$15.3M-64.8% |
| Interest Expense | N/A | N/A | N/A | $0-100.0% | $0-100.0% | $0-100.0% | N/A | $400K-60.0% |
| Net Income | -$35.0M-98.4% | -$23.0M-35.3% | N/A | -$23.3M-69.4% | -$17.7M-76.7% | -$17.0M-146.1% | N/A | -$13.8M-37.1% |
| EPS (Basic) | -$1.81-25.7% | -$1.23+11.5% | -$1.17-53.9% | -$1.90-65.2% | -$1.44-60.0% | -$1.39-67.5% | -$0.76+57.5% | -$1.15+49.3% |
| EPS (Diluted) | -$1.81 | -$1.23 | -$1.17-53.9% | -$1.90-65.2% | -$1.44-60.0% | -$1.39-67.5% | -$0.76+57.5% | -$1.15 |
| Diluted Shares (Avg) | 19M | 19M | N/A | 12M+2.4% | 12M+10.7% | 12M+46.8% | N/A | 12M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, Income Tax.
CRBP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $127.0M+1.5% | $144.5M+3.3% | $168.2M+7.9% | $109.5M-33.3% | $125.1M-17.7% | $139.9M+11.3% | $155.9M+451.4% | $164.2M+352.5% |
| Current Assets | $122.8M-0.1% | $143.6M+4.5% | $167.0M+9.1% | $107.6M-33.1% | $122.8M-17.2% | $137.4M+12.9% | $153.0M+549.7% | $160.9M+415.6% |
| Cash & Equivalents | $23.4M+16.6% | $25.7M+35.8% | $28.5M+65.7% | $27.0M+38.9% | $20.0M-15.4% | $18.9M+34.0% | $17.2M+25.3% | $19.4M+72.7% |
| Short-Term Investments | $94.6M-2.0% | $112.6M-1.2% | $134.8M+2.2% | $77.0M-45.0% | $96.5M-21.7% | $113.9M+7.4% | $131.9M+1736.0% | $139.9M+700.4% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $24.7M+75.6% | $18.1M+41.4% | $20.7M+53.8% | $17.4M+27.0% | $14.1M-46.7% | $12.8M-55.4% | $13.5M-61.8% | $13.7M-62.0% |
| Current Liabilities | $21.5M+61.1% | $18.1M+56.1% | $20.7M+75.1% | $17.1M+46.8% | $13.3M-44.4% | $11.6M-55.2% | $11.8M-62.9% | $11.6M-63.1% |
| Non-Current Liabilities | $3.3M+329.0% | $0-100.0% | $0-100.0% | $307K-85.0% | $761K-69.0% | $1.2M-57.8% | $1.6M-50.3% | $2.0M-53.8% |
| Total Equity | $102.2M-7.9% | $126.3M-0.6% | $147.5M+3.6% | $92.1M-38.8% | $111.0M-11.6% | $127.1M+31.1% | $142.4M+2162.7% | $150.5M+48136.5% |
| Retained Earnings | -$613.4M-19.9% | -$578.4M-17.1% | -$555.4M-16.5% | -$534.9M-14.4% | -$511.5M-12.8% | -$493.9M-11.3% | -$476.9M-9.2% | -$467.4M-9.0% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
CRBP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$29.6M-78.5% | -$25.6M-55.7% | -$15.9M-45.5% | -$15.6M-11.5% | -$16.6M-85.6% | -$16.4M-106.1% | -$10.9M-82.1% | -$13.9M-94.3% |
| Depreciation & Amortization | $50K-50.0% | $49K-39.5% | $49K-63.4% | $100K-50.0% | $100K-50.0% | $81K-46.7% | $134K-9.5% | $200K0.0% |
| Stock-Based Compensation | $1.8M+15.5% | $1.9M+11.8% | N/A | $2K-29.5% | $1.6M+121250.9% | $1.7M+74.5% | N/A | $2K-99.7% |
| Capital Expenditures | $6K | $6K | N/A | N/A | $0 | $0 | N/A | N/A |
| Free Cash Flow | -$29.6M-78.5% | -$25.6M-55.8% | N/A | N/A | -$16.6M | -$16.4M | N/A | N/A |
| Investing Cash Flow | $18.3M+2.9% | $22.5M+23.9% | -$57.1M-754.6% | $19.6M+227.8% | $17.7M+207.9% | $18.1M+118.4% | $8.7M-16.0% | -$15.4M-241.0% |
| Financing Cash Flow | N/A | N/A | $74.6M+573753.8% | $2.9M-88.6% | $0-100.0% | $0-100.0% | -$13K+99.3% | $25.0M+3150.4% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
CRBP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -34.3%-18.4pp | -18.2%-4.8pp | N/A | -25.3%-16.2pp | -15.9%-7.9pp | -13.4%-6.3pp | N/A | -9.2%+3213.0pp |
| Return on Assets | -27.6%-13.5pp | -15.9%-3.8pp | N/A | -21.3%-12.9pp | -14.1%-7.5pp | -12.1%-6.6pp | N/A | -8.4%+19.3pp |
| Current Ratio | 5.71-3.5x | 7.92-3.9x | 8.07-4.9x | 6.31-7.5x | 9.21+3.0x | 11.82+7.1x | 12.94+12.2x | 13.84+12.9x |
| Debt-to-Equity | 0.24+0.1x | 0.140.0x | 0.140.0x | 0.19+0.1x | 0.13-0.1x | 0.10+0.1x | 0.09 | 0.09+0.1x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Corbus Pharmaceu CRBP | FY2025 | N/A | -$78.5M | N/A | $157.1M | — |
| Biomea Fusion, Inc. BMEA | FY2025 | N/A | -$61.8M | N/A | $123.2M | — |
| Pyxis Oncology, Inc. PYXS | FY2025 | $13.9M | -$79.6M | N/A | $272.7M | 56/100 |
| Kala Pharmaceuticals Inc KALA | FY2025 | $0 | -$27.0M | N/A | $10.9M | — |
| Equillium EQ | FY2025 | N/A | -$22.4M | N/A | $153.4M | — |
| Fate Therapeutic FATE | FY2025 | $6.6M | -$136.3M | N/A | $279.2M | 53/100 |
Where Corbus Pharmaceu Ranks
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) recorded an outflow of $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) recorded an outflow of $64.5M in operating cash flow during fiscal year 2025, representing cash used by 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 P/E ratio?
Corbus Pharmaceu (CRBP) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $157.1M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Corbus Pharmaceu's price-to-sales ratio?
Corbus Pharmaceu (CRBP) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $157.1M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Corbus Pharmaceu's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Corbus Pharmaceu (CRBP) held $163.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $64.5M over that year. Dividing the one by the other, the reported balance equals about 30 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Corbus Pharmaceu's Piotroski F-Score?
Corbus Pharmaceu (CRBP) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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) reported a net loss of $78.5M while operations used $64.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.