ABEO Nasdaq Pharmaceutical Preparations Financials FY2016βFY2025
Abeona Therapeutics Inc. had $5.8M of revenue in fiscal 2025. Over five years, revenue changed β10.3% a year on average.
Last close Β· Oct 23, 2026
$4.40
1.6%Hi! I read Abeona Therapeutics Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Does it make a profit?
1,223.1%
Yes. It keeps 1,223.1% of every sale as profit.
Does profit turn into cash?
β1,448.5%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 7
Mixed. It passes 4 of 7 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Abeona Therapeutics Inc. did it, and the next one. Share prices often move a lot on those days.
Next results
November 11, 2026
Wednesday Β· in 16 days
| Date | Results for | Time | Source |
|---|---|---|---|
| Aug 13, 2026 | Q2 '26 | Before the market opens | 8-K β |
| May 13, 2026 | Q1 '26 | Before the market opens | 8-K β |
| Mar 17, 2026 | Q4 '25 | Before the market opens | 8-K β |
| Nov 12, 2025 | Q3 '25 | Before the market opens | 8-K β |
| Aug 14, 2025 | Q2 '25 | Before the market opens | 8-K β |
| May 15, 2025 | Q1 '25 | Before the market opens | 8-K β |
| Mar 20, 2025 | Q4 '24 | Before the market opens | 8-K β |
| Nov 14, 2024 | Q3 '24 | Before the market opens | 8-K β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Abeona Therapeutics Inc. had $5.8M of revenue in fiscal 2025. Over five years, revenue changed β10.3% a year on average. Its operating margin was β1,536.9%: of every 100 in sales, about β1,537 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Abeona Therapeutics Inc. made $71.2M of net profit in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$84.3M in fiscal 2025, β1,448.5% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· Abeona Therapeutics Inc. has $171M more cash than debt.
Cash, debt and the ratios that show how comfortably Abeona Therapeutics Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $45.0M | $52.1M | $52.2M | $97.7M | $191M |
| Debt incl. finance leases | β | β | β | $19.0M | $20.0M |
| Debt / equity | β | β | β | 0.4x | 0.1x |
| Interest coverage | β24.6x | β69.2x | β112.8x | β15.3x | β23.9x |
| Current ratio | 3.4x | 6.8x | 4.2x | 6.1x | 6.9x |
| Quick ratio | 3.4x | 6.8x | 4.2x | 6.1x | 6.7x |
| Total assets | $79.6M | $64.2M | $64.0M | $109M | $220M |
| Total liabilities | $37.2M | $37.5M | $49.2M | $64.9M | $60.4M |
| Shareholders' equity | $42.4M | $26.8M | $14.8M | $44.0M | $159M |
| Net debt (β = net cash) | β | β | β | β$78.8M | β$171M |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Abeona Therapeutics Inc. passes 4 of 7 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 3 / 7 | 2 / 7 | β / 6 | β / 6 | 2 / 7 | 3 / 7 | 2 / 7 | β / 6 | 4 / 7 |
| Accruals ratio | β8.0% | β3.2% | β9.9% | β6.8% | β26.3% | β16.7% | 5.3% | β26.8% | β8.9% | 89.8% |
| Altman Z'' | 1.11 | 17.95 | β3.84 | β2.50 | β11.29 | β29.98 | β35.25 | β38.47 | β22.51 | β5.75 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $0.9M | $0.8M | $3.0M | β | $10.0M | $3.0M | $1.4M | $3.5M | β | $5.8M |
| Gross profit | β | β | β | β | β | β | β | β | β | $4.3M |
| Research and development | $10.7M | $17.0M | $38.7M | $48.6M | $30.1M | $38.7M | $29.0M | $31.1M | $34.4M | $26.8M |
| Operating income | β$23.9M | β$27.8M | β$58.2M | β$77.1M | β$81.4M | β$89.8M | β$50.9M | β$47.1M | β$64.2M | β$89.4M |
| Interest expense | β | β | β | β | $4.1M | $3.7M | $0.7M | $0.4M | $4.2M | $3.7M |
| Pretax income | β | β | β | β | β | β | β | β | β$63.7M | $71.3M |
| Income tax | $0.0M | $0.0M | $0.0M | β | β | β | β | β | β | $0.1M |
| Net income | β$21.9M | β$27.3M | β$56.7M | β$76.3M | β$84.2M | β$84.9M | β$39.7M | β$54.2M | β$63.7M | $71.2M |
| Net income to common | β$21.9M | β | β | β | β | β$84.9M | β$43.5M | β$54.2M | β$63.7M | β |
| Diluted EPS | β$0.64 | β$0.66 | β$1.19 | β$1.51 | β$0.91 | β$0.86 | β$5.53 | β$2.53 | β$1.55 | $1.01 |
| Diluted shares | 0.03B | 0.04B | 0.05B | 0.05B | 0.09B | 0.10B | 0.01B | 0.02B | 0.04B | 0.07B |
| Cash flow | ||||||||||
| Cash from operations | β$13.0M | β$22.7M | β$39.1M | β$62.8M | β$35.0M | β$65.7M | β$43.5M | β$37.0M | β$56.0M | β$76.3M |
| Capital expenditure | $0.5M | $0.9M | $9.2M | $6.3M | $1.3M | $4.2M | $0.1M | $0.3M | $2.4M | $8.0M |
| Free cash flow | β$13.5M | β$23.5M | β$48.4M | β$69.1M | β$36.4M | β$69.8M | β$43.6M | β$37.3M | β$58.5M | β$84.3M |
| Depreciation and amortization | $0.8M | $0.7M | $2.4M | $7.8M | $4.6M | $3.3M | $3.1M | $2.3M | $2.0M | $2.5M |
| Stock-based compensation | $4.8M | $4.6M | $8.2M | $7.3M | $5.9M | $8.9M | $3.1M | $4.8M | $6.6M | $10.8M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $69.1M | $138M | $85.0M | $129M | $95.0M | $45.0M | $52.1M | $52.2M | $97.7M | $191M |
| Total debt | β | β | β | β | β | β | β | β | $19.0M | $20.0M |
| Current assets | $69.4M | $141M | $88.9M | $132M | $97.7M | $56.3M | $53.1M | $55.7M | $101M | $205M |
| Current liabilities | $8.3M | $5.6M | $20.4M | $38.7M | $42.0M | $16.6M | $7.8M | $13.4M | $16.6M | $29.6M |
| Inventory | β | β | β | β | β | β | β | β | β | $5.5M |
| Property and equipment, net | $0.7M | $1.4M | $9.4M | $13.2M | $11.3M | $12.3M | $5.7M | $3.5M | $4.4M | $9.9M |
| Goodwill | $32.5M | $32.5M | $32.5M | $32.5M | $32.5M | β | β | β | β | β |
| Intangible assets | $8.4M | $4.0M | $43.0M | $36.2M | $1.5M | $1.4M | $0.0M | β | β | β |
| Total assets | $111M | $179M | $174M | $223M | $151M | $79.6M | $64.2M | $64.0M | $109M | $220M |
| Total liabilities | $12.0M | $8.7M | $40.4M | $45.0M | $48.6M | $37.2M | $37.5M | $49.2M | $64.9M | $60.4M |
| Shareholders' equity | $99.1M | $170M | $134M | $178M | $103M | $42.4M | $26.8M | $14.8M | $44.0M | $159M |
| Margins | ||||||||||
| Gross margin | β | β | β | β | β | β | β | β | β | 73.7% |
| Operating margin | β2,686.3% | β3,325.7% | β1,940.2% | β | β814.2% | β2,994.5% | β3,600.8% | β1,346.7% | β | β1,536.9% |
| EBITDA margin | β2,593.5% | β3,237.2% | β1,861.4% | β | β768.3% | β2,886.2% | β3,382.0% | β1,281.3% | β | β1,493.1% |
| Net margin | β2,460.4% | β3,263.9% | β1,890.3% | β | β842.3% | β2,831.2% | β2,807.4% | β1,548.2% | β | 1,223.1% |
| FCF margin | β1,522.3% | β2,809.4% | β1,612.9% | β | β363.6% | β2,327.2% | β3,084.4% | β1,066.9% | β | β1,448.5% |
| Returns | ||||||||||
| Return on capital employed | β23.2% | β16.1% | β37.8% | β41.7% | β74.5% | β142.7% | β90.2% | β93.2% | β69.5% | β47.1% |
| Return on equity | β22.1% | β20.3% | β37.3% | β48.8% | β60.0% | β117.2% | β114.8% | β260.6% | β216.6% | 70.0% |
| Return on assets | β19.7% | β18.9% | β32.1% | β38.4% | β45.0% | β73.6% | β55.2% | β84.5% | β73.7% | 43.3% |
| Return on tangible equity | β37.6% | β20.4% | β96.8% | β69.5% | β122.8% | β207.2% | β162.5% | β365.6% | β144.7% | 44.7% |
| Growth | ||||||||||
| Revenue growth | β | β5.8% | 258.2% | β | β | β70.0% | β52.9% | 147.5% | β | β |
| Share count change | β | 21.8% | 14.1% | 5.9% | 84.0% | 6.2% | β92.0% | 172.0% | 92.0% | 61.1% |
| Financial health | ||||||||||
| Debt / equity | β | β | β | β | β | β | β | β | 0.4x | 0.1x |
| Interest coverage | β | β | β | β | β19.8x | β24.6x | β69.2x | β112.8x | β15.3x | β23.9x |
| Current ratio | 8.4x | 25.1x | 4.4x | 3.4x | 2.3x | 3.4x | 6.8x | 4.2x | 6.1x | 6.9x |
| Quick ratio | 8.4x | 25.1x | 4.4x | 3.4x | 2.3x | 3.4x | 6.8x | 4.2x | 6.1x | 6.7x |
| Capital allocation | ||||||||||
| Capex / revenue | 58.4% | 102.7% | 308.3% | β | 13.4% | 138.4% | 9.2% | 9.5% | β | 137.0% |
| Stock comp / revenue | 543.2% | 554.8% | 272.8% | β | 58.5% | 297.2% | 215.8% | 136.2% | β | 185.2% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 3.0 | 2.0 | β | β | 2.0 | 3.0 | 2.0 | β | 4.0 |
| Altman Z'' | 1.1 | 18.0 | β3.8 | β2.5 | β11.3 | β30.0 | β35.2 | β38.5 | β22.5 | β5.7 |
| Accruals ratio | β8.0% | β3.2% | β9.9% | β6.8% | β26.3% | β16.7% | 5.3% | β26.8% | β8.9% | 89.8% |
Source: SEC EDGAR XBRL filings (CIK 0000318306). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
