Curis Financials
Curis (CRIS) reported $9.4M in revenue for fiscal year 2025, down 13.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Cost contraction—not sales growth— drove FY2025’s sharp operating-loss improvement, while a financing gap remained.
The operating loss narrowed from$44.5M in FY2024 to$5.7M in FY2025 even as revenue declined, identifying cost contraction—not scale—as the immediate driver. R&D was still 3.0x revenue, while operating cash flow remained-$27.2M , showing that the reported loss improvement did not yet translate into self-funding operations.
R&D was
Net loss was
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Curis's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Curis scores -88.21, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($3.8M) relative to total liabilities ($14.5M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Curis passes 2 of 7 computable financial strength tests (2 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), both operating efficiency signals pass.
Curis reported a net loss of $7.6M while operations used $27.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Curis generated $9.4M in revenue in fiscal year 2025. This represents a decrease of 13.4% from the prior year.
Curis's EBITDA was -$5.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 87.5% from the prior year.
Curis reported -$7.6M in net income in fiscal year 2025. This represents an increase of 82.5% from the prior year.
Cash & Balance Sheet
Curis held $5.1M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Curis's operating margin was -60.5% in fiscal year 2025, reflecting core business profitability. No change is given against fiscal year 2024: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Curis's net profit margin was -80.3% in fiscal year 2025, showing the share of revenue converted to profit. No change is given against fiscal year 2024: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Curis's ROE was -138.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Not reported for fiscal year 2025.
Capital Allocation
Curis invested $28.3M in research and development in fiscal year 2025. This represents a decrease of 26.7% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
CRIS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.3M | $9.4M-13.4% | $10.9M+8.8% | $10.0M-1.4% | $10.2M-4.6% | $10.6M-1.7% | $10.8M+8.3% | $10.0M-4.1% | $10.4M+5.4% | $9.9M+31.5% | $7.5M-4.5% | $7.9M-20.0% | $9.8M-34.4% | $15.0M-11.6% | $17.0M+15.0% | $14.8M |
| R&D Expenses | $25.4M | $28.3M-26.7% | $38.6M-2.4% | $39.5M-8.7% | $43.3M+24.1% | $34.9M+51.2% | $23.1M+3.4% | $22.3M-8.6% | $24.4M-45.9% | $45.1M+150.5% | $18.0M-32.6% | $26.7M+95.5% | $13.7M+5.7% | $12.9M-16.6% | $15.5M+13.1% | $13.7M |
| SG&A Expenses | $14.8M | $14.0M-16.3% | $16.8M-10.0% | $18.6M-5.1% | $19.6M+13.6% | $17.3M+42.6% | $12.1M+5.0% | $11.6M-21.8% | $14.8M+5.1% | $14.1M-9.8% | $15.6M+20.8% | $12.9M+10.2% | $11.7M+3.7% | $11.3M+8.4% | $10.4M+26.0% | $8.3M |
| Operating Income | -$8.8M | -$5.7M+87.2% | -$44.5M+7.8% | -$48.3M+8.8% | -$53.0M-26.0% | -$42.1M-68.9% | -$24.9M-2.2% | -$24.4M+17.0% | -$29.3M+41.1% | -$49.8M+14.3% | -$58.0M-2.8% | -$56.5M-256.1% | -$15.9M-68.5% | -$9.4M+49.4% | -$18.6M-158.5% | -$7.2M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | $0 | $0-100.0% | $791K-79.9% | $3.9M-1.0% | $4.0M+42.8% | $2.8M-16.5% | $3.3M-11.3% | $3.7M-2.4% | $3.8M+1781.6% | $204K | N/A |
| Income Tax | N/A | $0 | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$21.2M | -$7.6M+82.5% | -$43.4M+8.5% | -$47.4M+16.3% | -$56.7M-24.7% | -$45.4M-51.9% | -$29.9M+6.9% | -$32.1M+1.3% | -$32.6M+38.9% | -$53.3M+11.7% | -$60.4M-2.4% | -$59.0M-214.9% | -$18.7M-52.0% | -$12.3M+24.9% | -$16.4M-66.5% | -$9.9M |
| EPS (Diluted) | — | -$0.58 | -$6.88+23.2% | -$8.96+26.2% | -$12.14 | $0.50+182.0% | -$0.61 | -$0.97 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CRIS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $20.0M-51.6% | $41.3M-46.6% | $77.3M-29.0% | $108.8M-32.9% | $162.3M-20.6% | $204.4M+482.1% | $35.1M-6.0% | $37.4M-49.4% | $73.8M+27.8% | $57.8M-39.2% | $95.0M+51.7% | $62.6M-22.3% | $80.6M+15.5% | $69.8M+44.8% | $48.2M |
| Current Assets | $6.9M-73.8% | $26.4M-56.7% | $60.9M-33.9% | $92.1M-24.7% | $122.4M-29.2% | $172.8M+590.9% | $25.0M-10.6% | $28.0M-56.5% | $64.3M+33.4% | $48.2M-43.6% | $85.5M+63.7% | $52.2M-13.2% | $60.2M+5.8% | $56.9M+47.7% | $38.5M |
| Cash & Equivalents | $5.1M-74.7% | $20.0M-25.1% | $26.7M+35.7% | $19.7M-50.9% | $40.0M-69.1% | $129.6M+740.0% | $15.4M-34.7% | $23.6M-38.3% | $38.3M+47.0% | $26.0M-21.3% | $33.1M+327.1% | $7.7M-19.2% | $9.6M-24.8% | $12.7M-15.7% | $15.1M |
| Accounts Receivable | $0-100.0% | $3.3M+19.9% | $2.8M-6.1% | $3.0M-7.7% | $3.2M+5.9% | $3.0M-6.2% | $3.2M+13.3% | $2.9M-6.8% | $3.1M+25.0% | $2.5M+16.8% | $2.1M+7.4% | $2.0M+32.8% | $1.5M+62.7% | $908K+2058.6% | $42K |
| Goodwill | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M0.0% | $9.0M |
| Total Liabilities | $14.5M-69.3% | $47.3M-18.0% | $57.6M-7.5% | $62.3M-13.0% | $71.6M-2.8% | $73.7M+6.8% | $69.0M+64.9% | $41.9M-16.0% | $49.8M+74.8% | $28.5M-6.5% | $30.5M-7.2% | $32.8M-7.3% | $35.4M-0.2% | $35.5M+327.5% | $8.3M |
| Current Liabilities | $14.1M-26.0% | $19.0M-13.6% | $22.0M+119.9% | $10.0M-25.5% | $13.4M+33.3% | $10.1M+54.1% | $6.5M-50.6% | $13.3M-6.0% | $14.1M+4.1% | $13.5M+25.9% | $10.8M+6.9% | $10.1M+53.5% | $6.6M+64.8% | $4.0M+5.1% | $3.8M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | $334K | $0-100.0% | $28.6M-19.8% | $35.7M+139.1% | $14.9M-23.7% | $19.6M-13.4% | $22.6M-19.2% | $27.9M-6.3% | $29.8M | N/A |
| Total Equity | $5.5M+191.1% | -$6.0M-130.5% | $19.7M-57.7% | $46.6M-48.7% | $90.7M-30.6% | $130.7M+485.3% | -$33.9M-654.2% | -$4.5M-118.7% | $24.0M-18.5% | $29.5M-54.3% | $64.5M+116.6% | $29.8M-34.1% | $45.2M+31.8% | $34.3M-14.1% | $39.9M |
| Retained Earnings | -$1.2B-0.6% | -$1.2B-3.6% | -$1.2B-4.1% | -$1.1B-5.2% | -$1.1B-4.3% | -$1.0B-2.9% | -$1.0B-3.3% | -$984.8M-3.4% | -$952.3M-5.9% | -$898.9M-7.2% | -$838.5M-7.6% | -$779.6M-2.5% | -$760.8M-1.6% | -$748.5M-2.2% | -$732.1M |
Not reported in any period shown, so not listed: Inventory.
CRIS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$30.6M | -$27.2M+31.2% | -$39.6M-2.9% | -$38.4M+29.3% | -$54.3M-44.4% | -$37.6M-46.2% | -$25.7M+1.8% | -$26.2M+12.8% | -$30.1M+37.8% | -$48.4M-35.0% | -$35.8M-19.8% | -$29.9M-77.8% | -$16.8M-76.2% | -$9.5M+37.2% | -$15.2M-232.9% | -$4.6M |
| Capital Expenditures | N/A | N/A | N/A | $0-100.0% | $416K | $0-100.0% | $677K+1551.2% | $41K-51.8% | $85K-54.8% | $188K-42.9% | $329K+585.4% | $48K-47.8% | $92K-39.9% | $153K+45.8% | $105K-59.7% | $260K |
| Free Cash Flow | N/A | N/A | N/A | -$38.4M+29.8% | -$54.8M-45.5% | -$37.6M-42.4% | -$26.4M-0.6% | -$26.2M+12.9% | -$30.1M+37.9% | -$48.5M-34.3% | -$36.1M-20.7% | -$29.9M-77.1% | -$16.9M-74.4% | -$9.7M+36.6% | -$15.3M-217.1% | -$4.8M |
| Investing Cash Flow | $2.5M | $2.5M-91.5% | $29.4M-22.1% | $37.8M+14.4% | $33.0M+168.9% | -$47.9M+2.4% | -$49.0M-1000.7% | -$4.5M-120.8% | $21.4M+688.8% | -$3.6M-112.1% | $30.1M+568.6% | -$6.4M-139.5% | $16.3M+219.5% | -$13.6M+40.8% | -$23.0M-335.3% | $9.8M |
| Financing Cash Flow | $23.0M | $9.8M+184.1% | $3.4M-54.7% | $7.6M+774.3% | $867K+120.8% | -$4.2M-102.2% | $188.8M+711.4% | $23.3M+490.4% | -$6.0M-109.3% | $64.2M+4802.4% | -$1.4M-102.2% | $61.7M+4828.8% | -$1.3M-106.5% | $20.0M-44.2% | $35.8M+1621.7% | $2.1M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CRIS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -60.5% | -408.3% | -482.2% | -521.8% | -395.0% | -229.8% | -243.5% | -281.3% | -502.7% | -771.1% | -717.0% | -161.2% | -62.8% | -109.7% | -48.8% |
| Net Margin | -80.3% | -397.8% | -473.0% | -557.7% | -426.7% | -276.0% | -321.3% | -312.4% | -538.7% | -802.6% | -748.7% | -190.3% | -82.1%+14.6pp | -96.7%-30.0pp | -66.8% |
| Return on Equity | -138.8% | N/A | -241.0%-119.3pp | -121.7%-71.7pp | -50.1%-27.2pp | -22.9% | N/A | N/A | -222.2%-17.1pp | -205.1%-113.7pp | -91.4%-28.5pp | -62.9%-35.6pp | -27.3%+20.6pp | -47.9%-23.2pp | -24.7% |
| Return on Assets | -38.0%+67.2pp | -105.2%-43.8pp | -61.4%-9.3pp | -52.1%-24.1pp | -28.0%-13.3pp | -14.6%+76.9pp | -91.5%-4.4pp | -87.2%-14.9pp | -72.3%+32.4pp | -104.6%-42.5pp | -62.1%-32.2pp | -29.9%-14.6pp | -15.3%+8.2pp | -23.5%-3.1pp | -20.5% |
| Current Ratio | 0.49-0.9x | 1.39-1.4x | 2.77-6.4x | 9.20+0.1x | 9.11-8.0x | 17.14+13.3x | 3.82+1.7x | 2.11-2.4x | 4.56+1.0x | 3.56-4.4x | 7.95+2.8x | 5.19-4.0x | 9.17-5.1x | 14.29+4.1x | 10.17 |
| Debt-to-Equity | 2.66 | N/A | 2.93+1.6x | 1.34+0.5x | 0.79+0.8x | 0.00 | N/A | N/A | 1.49+1.0x | 0.51+0.2x | 0.30-0.5x | 0.76+0.1x | 0.62-0.3x | 0.87+0.7x | 0.21 |
| FCF Margin | N/A | N/A | -383.5% | -538.8% | -353.3% | -243.8% | -262.4% | -289.1% | -490.4% | -480.1% | -380.0% | -171.8% | -64.6%+25.5pp | -90.1%-57.5pp | -32.7% |
Not reported in any period shown, so not listed: Gross Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.49), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Curis Ranks
Frequently Asked Questions
What is Curis's annual revenue?
Curis (CRIS) reported $9.4M in total revenue for fiscal year 2025. This represents a -13.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Curis's revenue growing?
Curis (CRIS) revenue declined by 13.4% year-over-year, from $10.9M to $9.4M in fiscal year 2025.
Is Curis profitable?
No, Curis (CRIS) reported a net income of -$7.6M in fiscal year 2025, with a net profit margin of -80.3%.
What is Curis's EBITDA?
Curis (CRIS) had EBITDA of -$5.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Curis's operating margin?
Curis (CRIS) had an operating margin of -60.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Curis's net profit margin?
Curis (CRIS) had a net profit margin of -80.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Curis's return on equity (ROE)?
Curis (CRIS) has a return on equity of -138.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Curis's operating cash flow?
Curis (CRIS) recorded an outflow of $27.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Curis's total assets?
Curis (CRIS) had $20.0M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Curis spend on research and development?
Curis (CRIS) invested $28.3M in research and development during fiscal year 2025.
What is Curis's current ratio?
Curis (CRIS) had a current ratio of 0.49 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Curis's debt-to-equity ratio?
Curis (CRIS) had a debt-to-equity ratio of 2.66 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Curis's return on assets (ROA)?
Curis (CRIS) had a return on assets of -38.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Curis's cash runway?
Based on fiscal year 2025 data, Curis (CRIS) had $5.1M in cash against an annual operating cash burn of $27.2M. This gives an estimated cash runway of approximately 2 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 Curis's Altman Z-Score?
Curis (CRIS) has an Altman Z-Score of -88.21, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Curis's Piotroski F-Score?
Curis (CRIS) has a Piotroski F-Score of 2 out of 7 computable signals; 2 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 Curis's earnings high quality?
Curis (CRIS) reported a net loss of $7.6M while operations used $27.2M 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.
How financially healthy is Curis?
Curis (CRIS) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.